The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-16
CHARTER
OF the Allen Mercantile Company
Limited.

Ime, f. A. Leonard, clerk and eX-of-
ficio recorder and notary public il
and for the Parish of Caddo. State 81
Louisiana, duly commissioned anc
qualified, came, in the presence OF
the witnesses hereinafter under
signed, the several persons whose
thames are hereuntO subscribed. who
declared that availing themselves OF
the provisions of Act So of the Gen
eral Assembly of the State of Louis
| lana, approved June %, 1888, and Act
70 of 1904 as we'll as those of the
general laws of the State of Louis
lana relative to the organization of
| corporations, they have formed and
do by these presents form. and Or
ganize themselves into a corporation
for the objects and purposes and
under the stipulations hereinafter
set forth, which they do hereby ac-
cept as their charter, tO-wit:
ARTICLE ].
The name and title of this cor
IporatiOn shall be the Allen Merean-
tile Company Limited. By that name
it shall have power and authority to
have and enjoy succession for the
term of twenty-five (25) years from
and after the date hereof. to con-
tract, sue and be sued, to make and
use a corporate seal and same to
change at pleasure; to hold, receive,
lease and purchase, ALLEVIATE and
convey, as we'll as mortgage and by
pothecate, property real and per-
sOnal and mixed; TO name and 40
point such managers. directors, Off
GERS and agents as the interest of
such corporation may require. and
to make an destablish such bylaws,
rules and regulations for the proper
management of the affairs of saidI
corporation as may be necessary
and proper, and the same TO alter at
pleasure.
ARTICLE II.
The domicile of this corporation
shall be in the town of Hosston.
Cadddo, Parish, Louisiana. and all
citations and legal process shall be
served on the president of the cor
poralion, or in his absence at the of
flee Of the corporation according toI
Article 1913 of the Code of Practice |
of Louisiana.
ARTICLE TIT.
The purpose for which this cor
pOratiOn is organized and the nature
of the business to be carried on by il |
are declared to be a general mer-
camille business.
ARTICLE ".
The capital stock of this corpora
ton is hereby fixed at twenty thous-
and (S20,000001 dollars, to be divided |
into Two hundred 600 shares OF
one hundred (Sl0000) dollars per
share, and the corporation may be-
gin business when five thousand
(S5, 000.00) of the stock is subscribed
and paid up. The stock shall be paid
for in cash or its equivalent when
subscribed for, or the same may be
issued at not less than par in pay
ment for the property purchased by
the corporations.
ARTICLE V.
All the corporate powers of this
corporation shall be vested i'll a
board Of directors to be composed
of four stockholders, which board |
shall be elected annually on the
fourth Monday in January, begin
ming on the fourth Monday in jan
uary 1912. The first board of direc-
tors is declared to be d. R. Allen, ].
C. Allen ST., J. C. Allen Jr., and Flor
ence Y. Allen, with d. r. Allen as
president; J. C. Allen vice president,
and J. C. Allen Jr, secretary and
treasurer. This said board is to
serve until the fourth Monday inl
January 1913, or unit their success
ors are duly elected thereafter and
such new board shall elect its presi-
dent and secretary and treasurer.
The directors shall be elected by the
stockholders, each share of stock to
be entitled to one vote, to be cast by |
its owner in person or by proxy, and
a majority of votes shall elect.
Three 80 directors shall constitute
a quorum. Any vacancy occurring
in the board of directors may be
filled by the remaining members of
the board until a general election.
The president may appoint from
time to time and dismuss such
clerks, agents and other employees
as may be deemed necessary for the
purposes and business of this COR
poration. The board Of directors
may make all such rules and regula-
lions for the management of the
business as they may deen neces-
sary; shall have power to collect all
debts, borrow money, issue bills OF
exchange, notes, execute mortgages
and generally to do all things incl
dapf IN tho ohiacfc and pllpnocac nj |