The Caucasian. (Shreveport, La.) 1900-192?, 1911-08-17
CHARTER
u the Nelson Clothing Comnanv

NVAup6U$.
do st a. { OF Louisiana, Parish of Cad.
dat, D &c II TX known that On this the s1st
4 = u July A. D. 1914, before me,
for so neil 1r'' notary public in and
mi SAD parish and State, duly COM
nlissloned and qualified, came and
1ppeared W. A. Nelson, A, T. Nelson
o ~ c ana +: L. Wisdom, all residents
y Iauuo Parish, La, each of whom
declared unto me in the presence If
tne a'testlng witnesses, that availine
oriiSeiVes OF the laws of the State
VI LOUISIANA relative to the forma-
llon OF corporations, they do hereby
olsallze themselves and their sue
oessors into and create corporation
ana adopt the following articles as
1he cnartsr thereof to govern them
serves and such others as NAV be-
eone associated with or succeed
them:
ARTICLE I.
lhe name and title of said corpor-
atlon is Nelson Clothing Company.
with Its domicile in the City of
shreveport, in said parish and State,
ana all legal process shall be served
Oh It's president, OF in his absence
Oh the OBSERVATION-DISCLOSURES of the
company at its office; and under it's
corporate name it shall have author
lty to sue and be sued; to adopt and
use a corporate seal, and the same
to change at pleasure.
ARTICLE II.
The purpose for which said cor
poratlon is established and the ma
ture OF the business to be carried on
by it are hereby declared to be to
conduct a general clothing business,
CT every nature whatsoever, both
wholesale and retail, in the city of
Shreveport or elsewhere, both in the
State of Louisiana and other states,
and to do all things connected with
or incident to any or all of said pur-
poses.
ARTICLE iii.
The capital stock of this corpora
ton is hereby fixed at the sum of
twenty-five thousand dollars, diyid-
ed into two hundred and fifty shares
OF one hundred $500 dollars, par
value, each, which shall be paid for
in cash, or by the transfer of prop
erty or labor or service performed
as may be approved by its board OF
directors, and a resolution OF the
board of directors Of this corpora
ton that the consideration given for
any stock is fair and adequate shall
be conclusive evidence that it is
such. 1t shall commence business
whenever twelve thousand Ave hun
dred dollars of it's capital stock is
subscribed and paid for, and all
stock issued by it shall be fully paid
and worcestershire. The balance OF
said capital stock shall not be sold
or disposed of in any way except by
resolution of the board of directors
No stock shall be sold by the holder
thereof in open market except after
fen days prior notice of intention 10
sell has been given the company
during which time the other STOCK
holders shall have the privilege OF
purchasing same.
ARTICLE ~.
The affairs of the corporation
shall be managed and controlled Ds
a hoard of directors consisting o.
three stockholders, who shall Dc
elected at stockholders meeting
duly held at the office OF the CON-
nany on the first Tuesday IN August
Of each year by the stockholders a.
q meeting called for that purpose
and al stockholders meetings, eacf
s.bare of stock shall be entitled U
one vote. whether cash in person OF
Nv written proxy, and at all meet
moe If stockholders, except as otn'
a1.Nii ne provided. majority OF stoci
oanrasented at such meeting sinai
control The number OF directors
asas no increased from three to nv
J, anv time by the stockholders q
any stockholders meeting. Until tn.
election to be held in August isiz
tha following persons shall consul
.n,te the board of directors OF tnls
.a, w. A. Nelson, A. l. Mel
sen r. and F. L. Wisdom, with a. I
Nelson Jr., as president; +. L. :, WIS
dam as vice president, and W. q
Nalson as secretary-treasuref' WIN
ssall hold their offices until thel
s s,,oeessors are duly elected an
m,alitIed. Any vacancy occurring !
,ha hoard of directors shall be nlle'
=, tho remaining members or mem
- ' a,v said board of directors 10
, ,,ea ,naxpired term. Whenever
s1ard Of directors is elected IT snaI
y in = meet and elect. Ifol
nmone its members . presioeua,
aiIloiie ,t apd secretary-treRS