The Caucasian., 1909-04-27
CHARTER
OF THE TAYLOR NELSON COM
PANf.
$50.

PANf.
State of Louisiana, Parish of Caddo
Before me, A. B. Freyer, a notary pub
lie in and for the Parish of Caddo and
State of louisiana. duly qualified, COM
missioned and sworn, and in 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
ganizaton ol corporations, they have
covenanted and agreed, and by these
presents covenant and agree and bind
themselves and chose who may heSeafter
become associated with them, 20 form
and Constitute body polite in law for
the objects and purposes and under the
articles anN stipulations following. to-
vic:
ART7CHE /.
The name and style of this corpora
ton shall be the TAYLOR-NEILSON
COMPANY, and under its said name it
shall have power and authority to coll
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-
quire; 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 a period Of
ninety nine (oo) years from and after
the date hereof.
All citations and other legal process
shall be served upon the president, q in
his absence upon the secretary
at the do,nicile of the company, which
shall be and is hereby declared to be in
the City of Shreveport, Caddo Parish.
Louisiana.
ARTICLE II.
The objects and purposes for which
this corporation is organized and the ma
ture of the business to be carried on by
it are declared to be: To conduct and
carry on business Of wholesale grocers
and commission merchants.
ARTICLE III.
The capital stock of this corporation
shall be twenty-five thousand dollars
| 25,ooooo), divided into and represent
ed by two hundred and fifty shares
(25o) of the par value of one hundred
dollars ($1oooo) each, which stock shall
be paid for in cash or in property, rights
and credits actually received by said
corporation at time of subscription OF
when called for by the board of direc-
tors of this corporation, provided that
no stock shall be issued until the con.
sideration therefor has been received BY
said corporation. This corpo, alton j,
authorized to commence business wher
fifteen thousand ($15,ooooo) dollars oi
the stock shall have been subscribed and
paid for
ARTICLE w.
The corporate powers of said corpor'
alton shall be vested in and exercised b,
board of directors of three (3) stock
holders. The following persons shall
constitute the FIRST board of directors
viz: w. F. Taylor, ]. H. Jordan ant
IC. l.. Nelson, with w. F. Taylor a
president and c. L. Nelson as secre
tary and treasurer. The said officers ant
directors shall hold their Office until tn
second day of January A. D 1910. o
until their Successors shall have beel
lduly elected and qualified. On the SAT-
day of January 1910, and annual.
thereafter board of directors shal b
elected, unless said date shall be lega
holiday, in which event the first lega
day thereafter. Notice of the said elec
ton shall be given by ten days notie
lsent BY mail to each stockholder. Tn
Hoard Of directors shall appoint one Q
Imore stockholders g preside at sus
1slees;oa Ar failnr< Ire ~ So