The Caucasian. (Shreveport, La.) 1900-192?, 1909-04-20

awaiting themselves 0j the ptovlsI0us OF
the law of this State relative to the or
ganiza'ion Of corporations, thcys 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 4 body polite III 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 NELSON
COMPANY. and under its said name 1t
shall have power and authority TO con
tract, to sue and be sued to make and
use a 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-
venicnce of the said corporation may re-
quire: to make and establish bylaws,
management of its affairs as may be
deemed necessary and proper. and the
same to alter or change at pleasure; and
generally 10 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 nine 900 years from and after
the date hereof.
All citations and other legal process
shall be served upon the president, " in
his absence upon the secretary treasurer
at the donicile of the company. which
shall be and is hereby declared to 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 of the business to be carried on by
it are declared to be: To conduct and
carry ON business Of wholesale grocers
md commission merchants.
ARTICLE III
The capital stock of this corporation
shall be twenty five thousand dollars
($25 100000, divided into and represent
ed by two hundred and fifty shares
(25o) Of the par value of one hundred
dollars ($Iooeo) each, which stock shall
be paid for in cash or in property, rights
and credits actually received by said
corporation at time of subscription or
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 corpoi alton is
authorized to commence business when
fifteen thousand ($1 5,ooo.oo) dollars of
The stock shall have been subscribed and
paid for
ARTICLE w.
The corporate powers of said Corpor
alton shall be vested in and exercised by
board of directors Of three CD stock
holders The following persons shall
constitute the first board of directors,
viz: w. F. Taylor, J. II. Jordan and
&c. L. Nelson, with W. F. Taylor as
president and c. L. Nelson as secre-
tary and treasurer The said officers and
directors shall hold their Office until the
second day of January A. d 1910, or
until their successors shall have been
duly elected and qualified. On the said
day of January 1910, and annually
thereafter a board of directors shall be
elected. unless said date shall be legal
holiday, in which event the first legal
da; thereafter Notice of the said cleo
ton shall be given by ten days notice
sent by mail to each Stockholders. ! he
board of directors shall appoint one or
more stockholders to preside at suef
election Any failure. from any cause
whatever, to hold such meetings or &c
elect said board of directors on tht day
named for that purpose, shall not dis
solve said corporation. but the directors
land officers then in Office shall hold over
until their successors are chosen an1
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