The Caucasian. (Shreveport, La.) 1900-192?, 1909-04-22
CHARTER
OF THE TAYLOR NELSON COM
PANY.

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 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 l.
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 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. alternate. 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-
venencc 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! period of
ninety nine 900 years from and after
the date hereof
All citations and other legal process
shall be served upon the president, ar in
his absence upon the secretary-treasurer
at the domicie 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 OH business of wholesale grocers
and commission merchants.
ARTICLE III.
The capital stock of this corporation
shall be twenty-five thousand dollars
($25, COY, divided into and represent
ed by two hundred and fifty shares
(25o) of the par value of one hundred
dollars ($Ioooo) 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 corpo, alton is
xxthA
fifteen thousand ($I5.ooooo) dollars Of
the stock shall have been subscribed and
paid for
ARTICLE ".
The corporate powers of said corpor
alton shall be vested in and exercised by
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 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
day thereafter. Notice of the said cleo
ton shall be given by ten days notice
sent by mail to each stakeholder. 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
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
poration in his name Votes may be in
person or by proxy authorized in writ
x