The Caucasian. (Shreveport, La.) 1900-192?, 1911-02-05
CHARTER
eP THE NATIONAL COMPUTING
BIN COMPANY.

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
andseleven, before me, J. M. Wise, a no.
taTy public, duly commissioned and quail
ifieI, in and for the Parish Of Caddo,
State Of Louisiana, and in the presence
of the witnesses hereinafter named and
undersigned, personally came and ap-
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
eovenanted 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
tion 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 haTe. and use. a 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-
qufre, to make ard establish such rules
and regulations and bylaws for the
management Of its affairs as ii may be
deemed necessary and proper to carry
oft the purpose and objects of said cor
poratior; and said corporation, unless
sooner dissolved in accordance with the
provisions Of this charter, shall exist
and continue for and during a period Of
ninety-nine years from date hereof
ARTICLE II.
The donlicile of this corporation shall
be ii the city OF Shreveport, Caddo Par
ISL Louisiana, ard all citation and other
legal process shall Be served OH is pres
ident or Ia. his absence upon tie vice
president, and in case Of the absence Of
both president and vice president, upon
I'll secretary Of said corporation.
ARTICLE III.
The objects of this corporation shall
be to manufacture groeers computing
bins, fertilizer troopers and planters and
other sheet metal specialties and gem
eral sheet metal speeialties and general
st metal products and to sell the
same to buy and TO sell patent rights
ITO make models and drawings for in
vefltors and others, and 10 otherwise
deal ID patents. and to do al other acts
necessary for the proper and successful
management Of a general manufacture.
ARTICLE "
The capital stock of this corporation |
shall be one hundred thousand dollars
($foo,oooool. and shall be issued in
shares Of one hundred dollars each, and
this corporation shall begin business as
soon as five thousand dollars of its cap
ital stock shall have been subscribed for
and paid IN cash or its equivalent in
property or labor TO the amount of said
sum- Of. one or all Of these methods CT
payment may be employed to make up
the said five thousand dollars required. /
No stockholder shall ever be held liable +
for the debts and claims against this
corporation 70 a greater extent than the i
amount paid n plus any unpaid balance
he may be due on his stock for which I
he has subscribed. Each share of stock
subscribed for shall draw its pro rata
Of The net profits Of the business accord
ing to the amount paid II on aid share,
provided no share shall be entitled to
participate III said dividends unless at
least twenty five per GEM on said share
shall have been paid for. and provided /
further that 81 dividends aecruing on
shares not paid for, and provided fur
ther tlaaf all dividends accruing on share
not paid for in full, shall be credited to-
said share until the par value of same s.
paid il fill. Shares shall be transfer
able and duplicate certificate issued IS
may be provided II the bylaws of this
corporation. On July and senni-afnual
Ii thereafter the board of directors shall !
ascertain The net earnings Of the corpor
alton fer The preceding SIX months and