The Caucasian. (Shreveport, La.) 1900-192?, 1909-03-25
CHARTER
OF THE TAYLOR-NEILSON COM
PANY.

State Of Louisiana, duly qualified, COM
missioned and sworn, and III presence
of the witnesses hereinafter named and
undersigned, came and appeared the
several persons whose names are here
unto subscribed, who declared that.
availing themselves OF the provisions OF
the law Of this State relative to the or
ganization of corporations, they have
covenanted and agreed, and by these
presents covenant and agree and BIND
themselves and those who may hereafter
become associated with them. to form
and constitute body polite in law for
the objects and purposes and under the
articles and stipulations following, to-
wit:
ARTICLE I.
The name and style Of this corpora
ton shall be the TAYLOR-NElLSON
COMPANY. and under its said name 1t
shall have power and authority to con-
tract, to sue and be sued; to make and
use corporate seal and the same to al
ter or break at pleasure: to hold. receive,
purchase. ALLEVIATE. convey. sell, pledge,
mortgage, hypothecate or lease property,
real, personal or mixed: to name and
appoint such officers. directors, agents
and employees as the interest and con-
venience of the said corporation may re
ouire; to make and establish bylaws,
, rules and regulations for the proper
management of its affairs as may be
| deemed necessary and proper, and the
same to alter or change at pleasure: and
| generally to do all other acts and things
necessary and proper to carry out the
objects and purposes of said corporation.
This corporation, unless sooner DIS
solved as hereinafter provided for, shall
exist and continue for period OF
ninety-,1ine 800 years from and after
the date hereof.
| All citations and other legal process
shall be served upon the president, or IN
his absence upon the secretary treasurer
at the domicile of the company. which
shall be and is hereby declared 70 be IN
the City Of Shreveport, Caddo Parish,
Louisiana.
| ARTICLE H.
The objects and purposes for which
this corporation is organized and the ma
ture ofothe business to be carried on by
it are declared to be: To conduct and
carry OIL a business of wholesale grocer>
and commission merchants.
ARTICLE III.
The capital stock of this corporation
shall be twenty-five thousand dollars
(s25ooooo). divided into and represent
ed BY two hundred and fifty shares
(25o) of the par value of one hundred
dollars ($loooo) each, which stock shall
be paid for in cash or in property. rights
and credits actually received by SAFE
corporation at time of subscription OF
when called for by the board of d'rec
tors OF this corporation, provided thai
no stock shall be issued until the con
sideration therefor has been received b,
said corporation. This corpor alton l:
authorized to commence business Whe1
fifteen thousand ($15ooooo) dollars o
the stock shall have been subscribed AM
paid for.
ARTICLE ".
The corporate powers Of said corpor
:. | IL l.
A board of directors of three 60 stock
holders. The following persons shall
constitute the first board of directors
viz: w. F. Taylor, J. H. Jordan ant
lC. l.. Nelson, with w. F. Taylor a
president and c. L. Nelson as secre
tarv and treasurer. The said officers an
. directors shall hold their Office until tn
second day Of January A. D 1910. o
: until their successors shall have bee
+ duly elected and qualified. On the sal
= day of January 1910. and annual
thereafter board of directors shall b
= elected. unless said date shall be lega
holiday. in which event the first lega
r daV Thereafter. 4NOllSt VI tilS S''iu >A>N
e ton shall be given by ten days motto
sent by mail to each stakeholder. In
: board of directors shall appoint one
: more stockholders to preside at sue
4 election. Any failure, from any caus
whatever. to hold such meetings or
elect said board of directors on the da
named for that purpose, shall not dl'
E solve said corpora ton, but the director
} and officers then in Office shall hold owe
until their successors are chosen ar
: qualified. At every election and stool
holders meeting each stakeholder sha
be entitled to one vote for each share I
stock registered on the books OF the CO
porstion in his name. Votes may be
person or by proxy authorized iii VIII
6 ing. After each election the board
= directors shall elect from their numb
the above named officers.
- ARTICLE Y.
This charter may be changed, alter'
Or amended Except to increase or d