The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-09
CHARTER
OF the Allen Mercantile Company
Limited

me, +. A: Leonard, clerk and eX-Of- /
ficio recorder and notary public in !
and for the Parish of Caddo, State of +
Louisiana, duly commissioned and /
qualified, came, i'll the presence OF
the witnesses hereinafter under
signed, the several persons whose
names are hereunto subscribed, who
declared that awaiting themselves of |
the provisions Of Act Sc Of the Cen |
.eral Assembly of the State of Louis |
lana, approved June %, 1898, and Act
Is Of 1901, as we'll as those of the |
general laws of the State of Louis
lana relative to the organization of
corporations. they have formed and
do by these presents form and or
ganizc themselves into corporation
for the objects and purposes and
under the stipulations hereinafter
set forth, which they do hereby ac-
cept as their charter, to-wl:
ARTICLE |.
The name and title of this cor
poration shall be the Allen Mercan-
Tile Company Limited. BY that name
| il shall have power and authority to-
have and enjoy succession for the
term of twenty-five t23) years from
and after the dale hereof, to con-
| tract, sue and be sued TO make and
use a corporate seal and same to
change at pleasure; to hold receive.
lease and purchase, ALLEVIATE and
convey, as we'll as mortgage and by
pOthecate, property real and per-
sonal and mixed: to name and ap-
point such managers, directors, Off
GERS aud agents as the interest OF
such corporation may require, and
to make an destablish such bylaws,
rules and regulations for the proper
management of the affairs of said
corporation as may be necessary
and proper, and the same TO alter at
pleasure.
ARTICLE II.
The domicle Of this corporation
shall be in the town of Hosston,
Cadddo, Parish, Louisiana, and all
citations and legal process shall be
| served on the president of the cor
Iporaton. or in his absence at the Of
flee of the corporation according to
Article 1913 Of the Code of Practice
Eof Louisiana.
ARTICLE III
The purpose for which this cor
poration is organized and the nature
of the business to be carried on by it
are declared to be a general mer-
camille business.
ARTICLE ".
The capital stock of this corpora
ton is hereby fixed at twenty thous-
4 and S20,00000) dollars. to be divided
: into two hundred (2001 shares OF
one hundred $4,000 dollars per
share, and the corporation may be-
gin business when five thousand
(S5, 100000 of the stock is subscribed
) and paid up. The stock shall be paid
for i'll cash or its equivalent when
subscribed for, or the same may be
issued at not less than par in pay
lmenfS for the property purchased by
! the corporation.
+ ARTICLE Y.
All the corporate powers of this
corporation shall be vested in 6
board of directors to be composed
of four stockholders, which boare
shall be elected annually on the
i fourth Monday in January, begin
ming on the fourth Monday in jan
I uary 1912. The first board of direc-
llors is declared to be d. r. Allen, J
! 6. Allen ST., j. G. Allen Jr, and Flor
ence Y. Allen, with d. r. Allen al
president: J. G. Allen vice president
land j. G. Allen Jr., secretary an6
{ treasurer. This said board is tx
serve until the fourth Monday il
: January 1913, or unit their success
ors are duly elected thereafter ant
Q Isuch new board shall elect its presi.
ldent and secretary and treasurer
The directors shall be elected by thu
: stockholders, each share of stock t
Q lbe entitled to one vote, to be cast b,
Its owner in person or by proxy, am
!. a majority of votes shall elect
+: lThree 81 directors shall constitute
= a quorum. Any vacancy occurrin;
n in The hoard Of directors may b'
: filled by the remaining members 0
I. the board until a general election
: The president may appoint from
!; time to time and dismuss sucl
clerks, agents and other employee
: as may be deemed necessary for tn
purposes and business of this cor
poration The board of director
= may make all such rules and regula
|. Itions for the management Of tn
: business as they may deem neces
: isary; shall have power to collect al
0 debts, borrow money, issue bills o
exchange, notes, execute mortgage
land generally to do all things Incl