The Caucasian. (Shreveport, La.) 1900-192?, 1911-02-16
CHARTER
OF THE WILLER-HERN COM
PANY.

IEFA4N1
State of Louisiana, Parish of Caddo
Before me the undersigned notary pub
lie, this day came and appeared Samuel
Wiiler, Lawrence Kern, Mrs Stella
Kern and julius Ganm, who declared
TO me that they do hereby form them
selves into corporation under the laws
of the State of Louisiana, under the
name and style of WfLLER KERN
COMPANY, under the stfpulations
hereinafter set forth, towit::
ARTICLE |.
This corporation shall have the right
to enjoy succession for period of
ninety (oo1 years, with the right
TO contract, sue and be sued, and TO
hold, purchase, lease, sell and hypothe-
cate property, real and personal The
doniicile of this corporation is declared
to be in the City Of Shreveport, Louis
lana, where all legal process shall be
served upon the president, or, in his abb
sence at the option of The company ae-
eording to law.
ARTICLE II.
The objects for which this corpora
ton is organized and the nature of the
business to be carried on are hereby de
elared to be to conduct, in the City OF
Shreveport OF elsewhere, any form Of
mercantile business, wholesale or re-
tail, which its directors may desire, and
10 do and perform all things necessary
or proper in the mercantile business.
ARTICLE III
The capital stock Of this corporation
is hereby fixed at twenty-five thousand
($2s,ooooo} dollars, and divided into
two hundred and fifty shares of one
hundred ($1ooool dollars each. This.
corporation is authorized to commence
business whenever seventy shares of its
capital stock have been subscribed and
paid in full, either in cash or its equiv.
alent, as the board of directors may de-
=ternline.
ARTICLE ~.
The corporate powers of this corpor-
alton are vested iii a board Of directors
consisting Of four stockholders who
shaft be elected annually on the second
Tuesday in January beginning with the
year 1912. The first board OF directors
is hereby declared to Be Lawrence Kern,
Mrs Stella Kern, Sam Wilier and Jul.
JUS Gamrn, who shall serve until their
successors are elected and qualified. The
officers Of this company shall be a pres
ident and secretary -treasurer. The first
incumbents Of said positions are hereby
declared to be Samuel Willer, president,
and Lawrence Kern, secretary treasurer.
The officers shall Be elected annually by
the board Of directors and at all meet
ings of the stockholders a majority OF
the stock shall elect, and a majority Of
the board Of directors shall constitute
a quorum and be sufficient to elect No
tiee Of all elections or meetings of
stockholders shall be advertised ten days
in the daily paper
ARTICLE V.
No stoekholder shall be liable on ae-
count of any obligation or fault of this
corporation in any sum other than the
amount Of the unpaid balance due BY
him ON the stock subscribed for, nor
shall any irregularity OF informally in
the organization have the effect of rem
dering this charter muir or Of exposing
any STOCKHOLDERS 70 any liability beyond
such unpaid balances
ARTICLE VI
This charter may be amended, except
to increasing or decreasing its capital
stock. by twosthirds vote of the stock
holders convened for such purpose, afe
Ter len days previous publication in any
of tlle newspapers in the City of
Shreveport Whenever this corporation
shall be dissolved, by limitation or 9TH
erWlse, its affairs shall be 1quidated by
two commissioners, elected by the,
stockholders at meeting, who shall
have full power to wind up its affairs
and settle its indebtedness
In testimony Of which The above par
tics have signed this act, which is also
the original stock subscription list Of
said company, in the presence of J. a.
Thigpen and r. w McIlvain, competent
witnesses, and me, notary public, on
this the 18th day Of February 1917
LAWRENCE f. KERN.
SAM WILLER.
JULIUS GAMM
MRS. STELLA KERN.
Attest:
IA THIGPEN.
r. w. McILVAIN.