The Caucasian. (Shreveport, La.) 1900-192?, 1911-02-23
CHARTER
OF THE WILLER KERN COM.
PANY.

~
.. PANY.
State of Louisiana, Parish of Caddo
Before me the undersigned notary pub
lie, this day came and appeared Samuel
Willer, Lawrence Kern, Mrs. Stella
Kern and Julius Gamm, 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 WILLER-KERN
COMPANY, under the stipulations
hereinafter set forth, to-wit:
ARTICLE l.
This corporation shall have the right
to enjoy succession for a period of
(oo) years, with the right
to contract, sue and be sued, and to
hold, purchase, lease, sell and hypothe-
cate property, real and personal. The
dornicile 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 alb
sence at the option of the company &C
cording to law
s ARTICLE II. .-..-
The objects for which this corpora
ton is organized and the nature of the
business to be carried on are hereby de-
clared to be to conduct, in the City of
Shreveport or elsewhere, any form of
business, wholesale or re-
tail, which its directors may desire, and
to 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
($25, ooooo) dollars, and divided into
two hundred and fifty shares of one
hundred ($Ioo.oo) 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-
termine.
ARTICLE ".
The corporate powers of this corpor-
alton are vested in board of directors
consisting of four stockholders who
shall 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 Willer and Jul
Jus Ganm, who shall serve until their
successors are elected and qualified. The
officers of this company shall be 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 majority OF
the board of directors shall constitute
a quorum and be sufficient to elect. No
tice of all elections or meetings OF
stockholders shall be advertised ten days
in the daily paper.
ARTICLE v.
No stakeholder shall be liable on ac-
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, MOI
shall any irregularity or informality If
the organization have the effect of rem
dering this charter null or of exposing
any stoclholder to any liability beyond
such unpaid balance.
ARTICLE VI.
This charter may be amended, except
to increasing or decreasing its capita
stock, By two-thirds vote of the stock
holders convened for such purpose, al
ter ten days previous publication in any
of the newspapers in the City Of
Shreveport. Whenever this corporation
shall be dissolved, by limitation or 9th
erwise, its affairs shall be liquidated By
two commissioners, elected by tn
stockholders at meeting, who shall
have full power to wind up its affairs
and settle its indebtedness.
In testimony Of which the above par.
ties have signed this act, which is also
the original stock subscription list O
said company, in the presence OF ]. A
Thigpen and R. w. MeIlvain, competen
witnesses, and me, notary public, OF
this the 18th day of February 1911.
LAWRENCE F. KERN.
SAM WILLER
JULIUS GAMM.
MRS. STELLA KERN.
Attest:
J. "A. THIGPEN.
R. w. McILVAIN.
S. I. HEROLD,