The Caucasian. (Shreveport, La.) 1900-192?, 1909-03-16
CHARTER
OF THE TAYLOR -NEUSO COM
PANI

|
Before me, a, B. Freyer, notary pub
lie in and for the Parish of Caddo an
State of Louisiana. duly qualified, com
mssloned and sworn. and in presenc
of the witnesses hereinafter named an
undersigned came and appeared tn
several persons whose names are here
unto subscribed who declared that
availing themselves of the provisions O
the law Of this State relative to the or
ganization of corporations. they hav
Icovenanted and agreed, and BY thes,
presents covenant and agree and bint
themselves and those who may hereafte
become associated with them. to form
and constitute body polite in law fo
the objects and purposes and under The
articles and stipulations following, to
wit:
| ARTICLE |.
| The name and style of this corpora
ton shall be the OR-NEILSON
COMPANY. and under its said name i,
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, alienate, 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 fop 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 nine (oo) years from and after
the date hereof
All citations and other legal process
shall he served upon the president. or in
his absence upon the secretary-trea surer
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 OF business of wholesale grocers
and commission merchants
ARTICLE III.
The capital stock of this corporation
shall be twenty-five thousand dollars
($25,ooo COZ, 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 i'll 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 corpor alton is
authorized to commence business when
fifteen thousand ($15,ooooo) dollars of
the stock shall have been subscribed and
paid for.
ARTICLE ".
he corporate powers of said Corpor-
alton sh1 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. H. Jordan and
G.. 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. i'll which event the first legal
day thereafter. Notice of the said cleo
lion shall be given by ten days notice
sent by mail to each stockholder. The
board OF directors shall appoint one or
more stockholders to preside at such
election Any failure, from any cause
whatever, to hold such meetings or to
elect said board Of directors OH the day
named for that purpose, shall not dis
solve said corporation, but the directors
and officers then in Office shall hold over
until their successors are chosen and
qualified At every election and stock
holders meeting each stockholder shall
be entitled to one vote for each share of
stock registered on the books of the cor
poration in his name. Votes may be in
person or by proxy authorized in writ
ing. After each election the board O.;
directors shall elect from their number
t1,a a1,< "A.