The Caucasian. (Shreveport, La.) 1900-192?, 1907-03-03
CHARTER
OF THE PONDER S. CARTER COL
LECTION AGENCY, LIMITED.

| LECTION AGENCY, LIMITED.
State of Louisiana, Parish of Caddo
Be it known and remembered, that OF
the 1st day of February A D. 1907, be
fore me, LEVEL c. Butler, notary pub
lie III and for said parish and State
duly qualified, commissioned and sworn
came and appeared the several partie
whose names are hereinafter subscribed
and IN the presence OF the competent at
testing witnesses, who declared tina
availing themselves of the Constitution
and laws of the State of Louisiana now
existing relative to the organization o:
corporations, they do covenant anC
agree, and have covenanted and agreed
and bound themselves, as we'll as such
other persons as may hereafter become
associated with them or their success
sors, to form and constitute a body
polite in law and corporation, for the
purposes and under the stipulations
hereinafter set forth
ARTICLE I.
i he name OF this corporation shall be
THE PONDER S. CARTER COL
LECTION AGENCY, Limited and
by such name it shall continue to exist
and enjoy succession for period OF
twenty-five years from date hereof; said
corporation shall have the power to sue
and be sued, to contract; to make and
use corporate seal; to mortgage, by
pothecate, pledge property, real, per-
sonal and mixed, and to purchase or
sell such property as may be necessary
to carry out the purposes of this cor
poratlon; to name and appoint such of
tlcers, agents or employees as its interest
may require; to make such bylaws,
rules and regulations as may be deemed
proper, not inconsistent herewith, and to
change Or alter same at pleasure.
ARTICLE II.
The domicile of this corporation shall
be the City of Shreveport, Caddo Par
ish, La, and all service Of citation or
other legal process shall be made on the
president, or i'll his absence the vice
president.
ARTICLE III.
lie objects and purposes for which
this corporation is organized, and the
nature of the business to be carried on
by it, are declared to be: to CONDUCT a
general collection business, to solicit and
collect accounts; to do general COM
merclal reporting business anywhere in
the United States; to establish and
branch offices anywhere in the
United States, and to do and perform
all things incident to such collection and
reporting business.
ARTICLE ".
The capital stock of this corporation
shall be FIVE thousand dollars (S5ooooo)
divided into fifty shares OF stock at one
hundred dollars ($Ioo.oo) each; said
shall begin business when
Ill of said shares of stock are subscribed |
and paid for. Any stakeholder shall
lave the right to dispose of his stock. |
out same shall not be binding on said
company until entered in the books of
his corporation, and shall be preceded |
" ten (Io) days written notice to the
secretary and treasurer hereof, and any
shareholder shall have the privilege of
1uy1ng same at its cash value
ARTICLE V.
he business of this corporation shall
re managed by a board of directors,
llree CD in number. The first board of
directors shall be composed of Ponder
). Carter, W. w Campbell and W. B.
title. The first officers of said corpora
ion shall be Ponder S. Carter, presi-
ent; W. W. Campbell, vice president;
Dora II. Carter, secretary and treas
FER. Said officers and directors shall (
old their Office for the term of one
ear from date hereof, but no vacancy
nall operate the forfeiture of this char |
II, or affect any of the corporate rights, {
ut the officers shall continue in office /
ntIl their successors are elected and {
uallhed at the end of each term, or as 5
bon thereafter as elections may be held. c
majority Of stock shall decide all cleo {
ons for directors or officers, and each
lare of stock shall represent one vote
Il elections shall be under the super t
sion of two (2) commissioners select /
BY the board Of directors of this cor c
oration, after ten (Io) days publica- p
on in a newspaper in Shreveport. La, d
Id said board OF directors shall choose
ID officers from among their number
Wo % directors shall constitute a /:
forum for transaction of business; a
id board of directors shall fix the sal il
les of the officers, agents and EN- h
Dyes Ii
ARTICLE VI. e
This act Of incorporation may be al 5
red Or amended, or the capital stock il
creased or decreased, or this corpora Il
IN may be dissolved, by the consent Of le
ree-fourths Of the caDita1 stock. at any e.