The Caucasian. (Shreveport, La.) 1900-192?, 1911-03-05
CHARTER
OF THE NATIONAL COMPUTING
BIN COMPANY.

| state OF Louisiana, IdIlAll OF SdQQO
City of Shreveport: Be it known a1r(
remembered that on this the 4th day 0
January in the year OF nineteen hundred
and eleven, before me, J. NJ. Wise, no
tary public, duly commissioned and quail
fled, in and for the Parish of Caddo
State of Louisiana, and in the presence
of the witnesses hereinafter named and
undersigned, personally came and ap-
peared the persons whose names are
hereunto subscribed, who declared that
availing themselves of the provisions OF
the laws of the State relative to the Or
ganization of corporations, they have
covenanted and agreed, and do by these
presents covenant and bind themselves,
and those who may become hereinafter
associated with them, to form them
selves into and to constitute a corpora
ton for the objects and purposes here
matter set forth, to-wit:
ARTICLE I.
The name of this corporation shall be
the NATIONAL COMPUTING BIN
COMPANY LIMITED" and under its
said corporate name it shall have power
and authority to contract, sue and be
sued; to make and have and use cor
porate seal and the same to break, alter
Or amend at pleasure; to hold, receive,
lease, purchase, pledge and sell, under
its corporate name, property, both real
on security; to name and appoint such
officers and directors as the interest and
of said corporation may re-
quire to make and establish such rules
and regulations and bylaws for the
of its affairs as it may be
deemed necessary and proper, and to do
all other acts and things as are neces-
sary or may be deemed necessary
and proper TO carry out the pur-
pose and objects of said corpora
ton; and said corporation, unless
sooner dissolved in accordance with the
provisions of this charter, shall exist
and continue for and during period of
years from date hereof
ARTICLE II.
The domicile Of this corporation shall
Dc in the city of Shreveport, Caddo Par
ssh, State of Louisiana, and all citation
and other legal process shall be served
On its president, or in his absence upon
he vice president, or in case of the abb
sence of both president and vice presi
lent, on the secretary of the corporation. |
ARTICLE III.
The objects of this corporation shall
1e to manufacture groeers computing |
bins, fertilizer troopers and planters and
other sheet metal specialties and gen
eral sheet metal products and general
sheet metal products; and to sell the
;ame; to buy and to sell patent rights
o make models and drawings for in
and others, and to otherwise
iea1 in patents, and to do all other acts
necessary for the proper and successful
of a general manufacture.
ARTICLE ".
The capital stock of this corporationj
hall be one hundred thousand dollars
500, ooo.oo), and shall be issued in
hares of one hundred dollars each, and
his corporation shah begin business as
DON as Eve thousand dollars of its cap
tai stock shall have been subscribed for
nd paid IN cash or its equivalent in
property or labor to the amount of said
UNI; or enc or all of these methods of
ayment may be employed to make up
he said FIVE thousand dollars reqaired.
70 stakeholder shah ever be held liable
or the debts and claims against this
to greater extent than the
mount paid in plus any unpaid balance
e may be due on his stock for which
e has subscribed Each share of stock
Inscribed for shall draw its pro rata
f the net profits of the business accord
1g to the amount paid in on said share,
rovided no share shall be entitled to
anticipate in said dividends unless at
east twenty-five per cent on said share
lall have been paid for, and provided
lrther that all dividends aeeruing an
lares not psi for and provided far
Ter that ali diHitilt-os ec-rei.ag siaHe
Of paid for in full, shall be credited to
I'D share until the par value of same is
i'd in full. Shares shall be transfer (
de and duplicate certificate issued as f
ay be provided in the bylaws of this 4
On July | and sen1i-annual- {
thereafter the board Of directors shall
'eertaln the net earnings of the corpor- |
ion for the preceding six months and
ter deducting all expenses for said six
onths shall declare such dividends, as
offs, as the treasurer will warrant, !
avlng such amount undivided for cur
mt expenses for the management Of