The Caucasian. (Shreveport, La.) 1900-192?, 1911-08-01
CHARTER
OF the Nelson Clothing Company

day of July A. D. 1911, before me,
I. F. Bell Jr, a notary public in and
for said parish and State, duly COM
missioned and qualified, came andl
w. A. Nelson, A. I. Nelson
Jr. and f. L. Wisdom, all residents
of Caddo Parish, La, each OF whom
declared unto me in the presence OF
the attesting witnesses, that awaiting
themselves of the laws of the State
of Louisiana relative to the forma-
ton of corporations, they do hereby
organize themselves and their sue
ccssors into and create corporation
and adopt the following articles as
The charter thereof to govern them
selves and such others as may be-
come associated with or succeed
them:
ARTICLE |.
The name and title of said corpor-
alton is Nelson Clothing Company,
with its domieile in the City OF
Shreveport, in said parish and State,
and all legal process shall be served
on it's president, or in his absence
on the secretary OF the
company at its office; and under its
corporate name it shall have author
Iitv 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
poration is established and the ma
ture of the business TO be carried on
lby it are hereby declared to be to
conduct q general clothing business
of every nature whatsoever, botf
Wholesale and retail, in the city o.
Shreveport or elsewhere, both in TIN
State of Louisiana and other states
and to do all things connected Will
Tor incident to any or all OF said pur-
i lposes.
ARTICLE III.
The capital stock of this corpora
tion is hereby fixed at the sum Q
Twenty-Five thousand dollars, divid
ed into two hundred and fifty share
OF one hundred ($i00) dollars, pa
value. each, which shall be paid TO
in cash. or by the transfer OF prop
erty or labor or service performed
) as may be approved by its board Q
I directors, and resolution OF Tn
. board of directors of this corpora
: ton that the consideration given 10
|. any stock is fair and adequate sha
Bc conclusive evidence that 1t
+ such. It shall commence bushes
: whenever twelve thousand five huT
: bred dollars of its capital stock
subscribed and paid for, and a
stock issued by it shall be fully pal
and worcestershire. The balance
said capital stock shall not be so
: or disposed of in any way except B
resolution of the board OF director
No stock shall be sold by the holdt
n thereof in open market except aft
/ Ten days prior notice of intention
] sell has been given the compan
70 during which time the other stool
u holders shall have the privilege
purchasing same.
!, ARTICLE ".
X The affairs of the corporate
shall be managed and controlled
board of directors consisting
three stockholders, who shall
Y elected at stockholders meetil
d duly held at the office of the con
y pany on the first Tuesday in Augu
: of each year by the stockholders
1 meeting called for that purpo'
in and at stockholders meetings, ca
v. share of stock shall be entitled
at one vote, whether cash in person
by written proxy, and at all NEE
ings of stockholders, except as OF
erwise provided, a majority OF sto
en- represented at such meeting sh
al control. The number OF directt
'm may be increased from three to f
y, ~ at any time by the stockholders
=, any stockholders meeting. Until
~ election to be held In August ~
: the following persons shall cons
lst tute the board of directors OF II
Dr., corporation: w. A. Nelson, A. I. N
1t sen Jr., and f. L. Wisdom, with A.
Nelson Jr., as president: F. L. w
dom as vice president, and W.
J. Nelson as secretary treasurer, W
", shall hold their offices until tn
- successors are duly elected q
,ar qualified. Any vacancy occurring
Ter the board of directors shall be I'll
ed by the remaining members or me
of Der ow said board OF directors
'g. the unexpired term. Whenever
ne be ard of directors is elected it sf
- Immediately meet and elect fr
- among its members a president
a. vice president and secretary-tre
urer. The board of directors 81
have authority to adopt a set OF
/. laws for the regulation of the bu