The Caucasian. (Shreveport, La.) 1900-192?, 1909-03-21
CHARTER
OF THE TAYLOR NELSON COM
PANI.

lie i'll and for the Parish Of Caddo an,
State OF Louisiana. duly qualified. com
mlssoned and sworn. and in presenc,
Of the witnesses hereinafter named anc
undersigned, came and appeared thu
| several persons whose names are here
unto subscribed, who declared that
ayaling themselves OF the provisions O
the law OF this State relative to the or
eanlzatlon OF corporations, they have
covenanted and agreed and by these
presents covenant and agree and binC
themselves and those who NAV hereafter
become associated with them. to form
and constitute Il body polite in law for
the objects and purposes and under the
articles and stipulations following. To-
wit:
ARTICLE l.
| he name and style OF this corpora
| ton shall be the TAYLOR NEIL son
| COMPANY. and under lis said name it
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 OF break at pleasure: to hold receive,
purchase alternate. convey. sell. pledge,
mortgage hypothecaie or lease property.
real, personal or mixed; to name and
appoint such officers. directors, agents
and employees as the interest and con-
Nenicncc of the said corporation NAV re
quirc: to make and establish bylaws.
rules and regulations for the proper
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
/ his corporation. unless sooner dis
solved as hereinafter provided for, shall
exist and continue for period OF
nlncty-nlne 900 years from and after
the date hereof
All citations and other legal process
shall be served upon the president e. in
his absence upon the secretary treasurer
at the domlcile 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
turc of the business to be carried! on bv
il are declared to be: To conduct and
carry OIL a business Of wholesale grocers
and commission merchants
ARTICLE III.
The capital stock of this corporation
shall be twenty five THOUSAND dollars
(S25. COO. oo). divided into and represent
ed by two hundred and fifty shares
i25o) Of the par value of one hundred
dollars (SIoooo) each. which stock shall
be paid for III cash or in property, rights
and credits actually received by said
corporation at time of subscription o.
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 ($I5 100000 dollars of
the stock shall have been subscribed and
paid for.
ARTICLE ".
he corporate powers of said corpor-
alton shall be vested in and exercised by
a board of directors of three y stock
holders. The following persons shall
the first board of directors,
viz: W. F. Taylor, J. H. 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 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
ton 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 on the day |
named for that purpose, shall not dis i
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 stakeholder shall
be entitled to one vote for each share of
stock registered on the books OF the cor
ooration in his name. Votes may be in
person Or by proxy authorized in writ
ng After each election the board of |
directors shall elect from their number
the above named officers
ARTICLE V.