The Caucasian. (Shreveport, La.) 1900-192?, 1911-02-09
CHARTER
OF THE IDA MERCANTILE COM
PANY.

| FAN /.
State of louisiana, Parish of Caddo
Before me, W D. Owens, notary public
in and for the State of Louisiana and
the Parish of Caddo, duly commissioned
and sworn, on this day came and ap-
peared the several persons whose names
are hereunto subscribed, who declared
to me that they do hereby form them
selves into corporation, under the laws
of the State Of Louisiana, under the
lstipa1ations hereinafter set out, to-wit ::
ARTICLE /.
The name and style of this corporation
is hereby declared to be IDA MER-
CANTILE COMPANY it shall have
the right to enjoy succession for ninety
nine years, with the right to contract,
sue and to be sued; and to hold, pur-
chase, lease, sell and hypothecate prop
erty real, and personal; its domicile
shall be in the town of Ida, Caddo Par
ish, Louisiana, and all citation and other
legal process shall be made on its presi-
dent, or in his absence at the Office of
the company, according to law.
ARTICLE II.
The objects for which this corporation
| is organized and the nature of the BUSH
ness to be carried on by it are declared
to be to carry on general retail dry
goods, grocery and mercantile business ];
to buy, sell and otherwise deal in gro
ceries, dry goods, boots and shoes and
general merchandise, and to carry on a
general advancing business, for the pur-
pose of advancing supplies, etc; and to
do any and all things incidental to the
purpose above named J; and generally to
do all things necessary to be done in the
furtherance of such objects and pur-
poses.
ARTICLE III.
The capital stock of this corporation
is hereby fixed and declared to be the
sum of ten thousand ($Io,ooo.ool dol
lars, divided into one hundred (Ioo)
shares of one hundred ($Ioo) dollars
each said capital stock to be paid for in
cash or its equivalent, but shall not be
issued and sold for less than its par
value; this corporation is authorized to
commence business whenever FIVE thous-
and dollars of its capital stock shall be
subscribed and paid for in full.
ARTICLE ".
The corporate powers of this corpora
ton shall be vested in board of direc-
tors, consisting of three stockholders,
who shall be annually elected on the first
Tuesday in January. The first board of
directors is hereby declared to be A. C.
Donlinicl. J. Fl. Dominick and c. L.
Perry, who shall serve until the first
Tuesday in January 1912, or until their
successors are elected and qualified. The
officers of this corporation shall be a
president, vice president and secretary
treasurer; and the first officers of said
company are hereby declared to be A. c.
.Donninick, president; j.. H. Dominick,
vice president; c. L. Perry, secretary
treasurer. Al majority of the stock shall
| elect the directors, and in all elections
| or proceedings of stockholders each
share of stock present or represented by
proxy shall be entitled to one vote. No
tice of all elections OF meetings of stock
holders shall be given by written notice
| to each stockholder ten days before such
election or meeting of stockholders;
directors shall be chosen at the Office of
the company
ARTICLE v.
No stakeholder shall be liable on ac-
lcount of any obligation to this corpora
Ition in any further sum than the amount
of the unpaid balance due by him on
stock subscribed for and no irregular
lily nor any informally in organization
shall have the effect of rendering this
Icharter null or of exposing any stock
holder to any liability beyond such I'M
paid balance.
ARTICLE VI.
This charter may be amended Except
as to the increasing or decreasing Of its
lcapital stock) by two-thirds vote Of
stock represented at meeting of the
stockholders convened for such purpose
latter ten days written notice as above
provided. Whenever this corporation i
dissolved, by limitation or otherwise, it:
affairs shall be 1iquidated by three com.
Imissioners elected at stockholders meet.
ling, who shall have full power TO wine
lup its affairs and settle its indebtedness
4 In testimony OF which, the said above
named parties have affixed their sigma
lures on this the Goth day of Decem
| Der 1910.
4 ANDREW C. DOMINICK.
Il JOHN H. DOMINICK.
CURRIE L. PERRY.
/ Attest.
Il N. B. HoFFMEISTER.