The Caucasian. (Shreveport, La.) 1900-192?, 1911-02-02
CHARTER
or THE NATIONAL COMPUTING
BIN COMPANY.

State of louisiana, Parish of Caddo,
City of Shreveport: Be it known and
remembered that ON this the 4th day of
January in the year of nineteen hundred
and eleven, before me, J. NJ. Wise, no
tary public, duly commissioned and quail
flied, in and for the Parish of Caddo,
State of Louisiana, and in the presence
of the witnesses hereinafter named and
undersigned, personally came and APP
peared the persons whose names are
hereunto subscribed, who declared that
ayailing 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,
who 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 /.
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
and personal; to borrow and loan money
on security to name and appoint such
officers and directors as the interest and
convenience of said corporation may re,
lquire ito make and establish such rules
and regulations and bylaws for the
management of its affairs as it may be
deemed necessary and proper TO carry
Eout the purpose and objects of said cor
poration; and said corporation, unless
sooner dissolved in accordance with the
provisions of this charter, shall exist
land continue for and during period OF
ninety-nine years from date hereof.
ARTICLE II.
| The domicile of this corporation shall
be in the city of Shreveport, Caddo Par
Iish, Louisiana, and all citation and other
Illegal process shall be served on its pres
lident, or in his absence upon the vice
president, and in case of the ahsetf.~e !.
both nres;tItil.. ailu vice president, upor
:, III secretary of said corporation.
ARTICLE III.
The objects of this corporation shall
be to manufacture grocers computing
bins, fertilizer troopers and planters AM
lother sheet metal specialties and gen
eral sheet metal specialties and genera
sheet metal products; and to sell tn
same ito buy and to sell patent rights
to make models and drawings for in
:Iyentors and others, and to otherwis
deal in patents, and to do all other act
necessary for the proper and successful
lIiidItdgSl1lClfl VI d SStiSA al tlidiAGAetSSssAN
ARTICLE ".
! The capital stock of this corporation
: shall be one hundred thousand dollar
! (SIooooooo), and shall be issued i
shares of one hundred dollars each, AM
!; this corporation shall begin business a
soon as FIVE thousand dollars of its cap
! iital stock shall have been subscribed TO
and paid in cash or its equivalent il
!. property or labor to the amount of san
!; suia: or one or all Of these methods o
: payment may be employed to make u
!; 1.-THE said FIVE thousand dollars required
/; No stockholder shall ever be held liabl
5 for the debts and claims against thi
!; corporation to a greater extent than tn
: amount paid in plus any unpaid balanc
he may be due on his stock for whicl
2 The has subscribed Each share of stoc
subscribed for shall draw its pro rat
/; Iof the net profits Of the business accord
ling to the amount paid in on aid sllar'
;Iprovided no share shall be entitled t
participate in said dividends unless :
least twenty-five per cent on said shar
t Tshall have been paid for, and provide
] further that all dividends accruir1g Q
: shares not paid for, and provided fui
Ither that all dividends accruing on shar
not paid for in full, shall be credited
said share until the par value of same
Ipaid in full. Shares shall be transfel
+ fable and duplicate certificate issued 2
! may be provided in the bylaws Of til
/ corporation On July and semi-annua
lily thereafter the board of directors sha
ascertain the net earnings of the corpol
! Iation for the preceding six months an
after deducting all expenses for said 81
months shall declare such dividends. I
Iprofts, as the treasurer viii warran
leaving such amount undivided for GU
rent expenses for the management {
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