The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-19
CHARTER
OF the Allen Mercantile Company
Limited

me, +. 4. Leonard, clerk and cX-Of-
ticio recorder and notary public III
and for the Parish of Caddo, State Of
Louisiana. duly commissioned and
qualified, came, III the presence of
the witnesses hereinafter under
signed, the several persons whose
names are hereuntO subscribed, who
declared that aNailing themselves Of
the provisions Of Act SO Of the Cen
eral Assembly Of the State of Louis
lana, approved June 90, 1888, and Act
- 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
game themselves into a corporation
for the objects and purposes and
under the stipuIations hereinafter
set forth, which they do hereby ac
ctpt as their charter, to-wit:
ARTICLE |.
The name and title of this cor
poration shall be the Allen Mercan-
tile Company Limited. By that name
it shall have power and authority to
have and enjoy succession for the
term of twenty-five (25l years from
and after the date hereof, to con-
tract. sue and be sued, to make ana
use 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 40
point such managers, directors, Otli-
GERS and 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 III.
The domcile 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
poration. or in his absence at the Of
flee Of the corporation according to
Article 1913 of the Code Of Practice
of Louisiana.
ARTICLE III.
The purpose for which this cor
poration is organized and the nature
of the business 10 be carried on by it
are declared to be Il general mer-
camille business.
ARTICLE ".
The capital stock of this corpora
ton is hereby fixed at twenty thous-
and (S20,00000) dollars, to be divided
into two hundred goo shares of
one hundred $4,000 dollars per
share, and the corporation may be-
gin business when five thousand
(S5,000.00) of the stock is subscribed
and paid up. The stock shall be paid
for in cash or its equivalent when
subscribed for, or the same may be
issued at not less than par in pay
ment for the property purchased by
the corporation.
ARTICLE V.
All the corporate powers Of this
corporation shall be vesteG ~ a
board of directors to be colfJosed
of four stockholders, which board
shall be elected annually on the
fourth Monday in January, begin
ming on the fourth Monday in jan
uary 1912. The first board of direc-
tors is declared to be ID. r. Allen, j.
G.. Allen ST., ]. C. Allen Jr., and Flor
ence V. Allen, with D. r. Allen as
president; J. C. Allen vice president,
and ]. G. Allen Jf., secretary and
treasurer. This said board is to
serve until the fourth Monday gin
January 1913, or until their success
ors are duly elected thereafter and
such new board shall elect its presl-
dent and secretary and treasurer.
The directors shall be elected by the
stockholders, each share of stock to
be entitled to one vote, to be cast by
its owner in person or by proxy, and
majority of votes shall elect.
Three (3) directors shall constitute
quorum. Any vacancy occurring
in the board of directors may be
filled by the remaining members OF
the board until a general election.
The president may appoint from
time to time and dismuss such
clerks, agents and other employees
as may be deemed necessary for the
purposes and business of this cor
poration. The board of directors
may make all such rules and regula-
tions for the management OF the
business as they may deem neces-
sary; shall have power to collect all
debts, borrow money, issue bills OF
exchange. notes, execute mortgages
4 Il