The Caucasian. (Shreveport, La.) 1900-192?, 1907-01-20
CHARTER
OF THE PINE ISLAND NERCAN
TILE COMPANY. LIMITED.

Be it known, that this day, before me,
+. T, Land. Notary Public in and for
the Parish OF Caddo and State of Louis
lana, duly commissioned and qualified
came, in the presence Of the witnesses
hereinafter undersigned, the several per
sons whose names are hereuntO sub
Scribed who declared that avaiing them
selves Of the provisions Of Act No. 80 of
the General Assembly OF the State OF
Louisiana, approved June 20, 1888, and
Act No. IS OF 1904, as well as those Of
the general laws OF the State OF Louis
lana relative to the organization OF cor
porations, they have formed and do by
the presents form and organize them
selves into a corporation for the objects
and purposes and under the stipulations
hereinafter set forth, which they do
hereby accept as their charter, to-Wit:
ARTICLE |.
The name and title Of this corpora
ton shall be PINE ISLAND MER-
CAMILLE COMPANY, LIMITED"
of Shreveport, Louisiana By that name
II shall have power and authority to
have and enjoy succession for the term
OF twenty-five (25} years from and after
the date hereof, TO contract sue and be
sued; to make and use a corporate seal
and the same to change at pleasure; to
hold, receive, lease and purchase, alien
ate and convey, as well as mortgage and
hypothecate property, real and personal
and mixed: to name and appoint such
directors. officers and agents
as the interest Of such corporation may
require, and to make and establish such
bylaws, rules and regulations for the
proper management OF the affairs of said
corporation as may be necessary and
proper and the same to alter at pleasure
ARTICLE II.
The domicile of this corporation shall
be i'll the City OF Shreveport, Caddo Par
lsh, State of Louisiana. and all citations
and legal processes shall be served on
the president OF the corporation. or in
his absence, 20 the office of the corpora
ton, according to Article 1913, Code of
Practice of iouisiana.
ARTICLE III.
I've purposes for which CHS corpora
ion is organized and the nature q the
business g. be carried on by it, are de-
>lared to be a general mercantile bust
leSs snt all business incident 9hereto.
ARTICLE ".
Che capital stock % this corporation
5 hereby fixed at the sum of ten tl1ous-
and (SIo,ooooo1 dollars O. be divided
nto one hundred Noo) shares of one
hundred ($Ioooo) dollars per Share, and
he corporation may begin business
when three thousand ($3,ooooo) dollars
II che stock is subscribed The stock
shall be paid for in cash, or its equiva-
ens, when subscribed for, or the same
nay be issued at not less than Gar in
payment for che property purchased in
he corporation
ARTICLE V.
All Che corporate powers of this COG |
'oration shall be vesteG in board of /
directors, O. be composed of 9lree stock
FOLDERS, which said board shall be eleGf /
d annually, commencing on Che third
Monday in January 1907 and to serve
Until the third Monday i'll January 1908. !
he first board of directors is declared |
o be Louis Heilperin, president: G. g..
<esbltt, vice president. and Ike AIQlow |
ecretary and treasurer This said board
; to serve until the third Monday in
anuary 1908, as aforesaid. or until their
uccessors are duly Elected thereafter,
nd such new board shall elect its pres
1e1S and secretary and treasurer. The
1rectors shall be elected by the ,1ock-
olderS, each share Of stock to be en-
tied to one VOC to be cast by its owner
person or by proxy, and a majority
votes shall elect. Three ca directors
lail constitute quorum The president
lay appoint from time to time. and dis
Mss, such clerks, agents and 0ther en- i
Dyes as may be deemed necessary for
lie purposes and business OF this cor
'rauon- The board OF directors may
AXE all such rules and regulations for t
e management OF the business as they ;
ay deem necessary; shall have power
collect debts, borrow money, issue !
lis of exchange. notes. execute mort +
ges and generally to do all things in /
lent to the objects and purposes Of c
E corporation.
ARTICLE VI.
his charter may be modified, changed !