The Caucasian. (Shreveport, La.) 1900-192?, 1911-09-03
CHARTER
OF the Nelson Clothing Company

do: Be it knewn that en- this the 3tst
day of July A. d. 1911, before me,
i. f. Bell Jr., notary public in and
for said parish and State, duly COM
missioned and qualified, came and
appeared w. A. Nelson, A. L. Nelson
Jr. and f. L. Wisdom, all residents
of Cadde Parish, La, each OF whom
declared unto me in the presence OF
the attesting witnesses, that availlng
themselves of the laws OF the State
of Louisiana relative to the forma-
ton of corporations, they do hereby
organize themselves and their sue
cessors into and create corporation
and adopt the following articles as
the charter thereof to govern them
selves and such others as may be-
come associated with or succeed
them:
ARTICLE |.
The name and title of said corpor-
alton is Nelson Clothing Company,
with its domicile in the City OF
Shreveport, in said parish and State,
and all legal process shall be served
on its president, or in his absence
on the secretary-treasurer Of the
company at it's office; and under its
corporate name it shall have author
ity to sue and be sued; to adopt and
use a corporate seal, and the same
to change at pleasure.
ARTICLE II.
The purpose for which SAID cor
poration is established and the ma
ture of the business to be carried on
by it are hereby declared to be to
conduct a general clothing business
CT every nature whatsoever, both
wholesale and retail, in the city OF
Shreveport or elsewhere, both in the
State of Louisiana and other states
and to do all things connected with
or incident to any or all of said pur-
poses.
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at the sum O.
twenty-five thousand dollars, divld'
ed into two hundred and fifty share:
OF one hundred ($l00l dollars, paI
value. each, which shall be paid TO
in cash, or by the transfer OF prop
erty or labor or service performed
as may be approved by its board Q
directors, and a resolution OF tn
board of directors of this corpora
ton that the consideration given 10
any stock is fair and adequate shall
be conclusive evidence that 1t ]
such. It shall commence bushes
whenever twelve thousand five hun
dred dollars of its capital stock
subscribed and paid for, and O.
stock issued by it shall be fully pal
and -assessable. The balance, Q
said capital stock shall not be sol
or disposed of in any way except b
resolution of the board of directors
No stock shall be sold by the holde
thereof in open market except ate
ten DAYS prior notice of intention 7
sell has been given the compan!
during which time the other stock
holders shall have the privilege G
purchasing same. .-..~se.>z-4
ARTICLE ".
The affairs of the corporate
shall be managed and controlled o
a board of directors consisting
three stockholders, who shall 3
elected at a stockholders meetin
duly held at the Office of the com
pany on the first Tuesday.in Angus
of each year by the stockholders
a meeting called for that purpos
and at stockholders meetings, eac
share of stock shall be entitled
one vote, whether cash in person
by written proxy, and at all NEE
ings of stockholders, except as OIL
erwise provided, majority OF stoC
represented at such meeting sha
control. The number of director
may be increased from three to III
at any time by the stockholders
any stockholders meeting. Until u
election to be held in August is1
the following persons shall const
tute the board of directors OF tn
corporation: w. A. Nelson, A. /. Ne
sen Jr., and F. L. Wisdom, with A.
Nelson Jr., as president; F. L. WI
dom as vice president, and w.
Nelson as secretary-treasurer. wi
shall hold their offices until the
successors are duly elected al
qualified. Any vacancy occurring
the board Of directors shall be I'LL
by the remaining members or mel
Der ow said board of directors !
the unexpired term. Whenever
beard OF directors is elected 1t sh
Immediately meet and elect ire
among its members a president,
vice president and secretary-trea
urer. The board of directors sh
have authority to adopt set OF .
III. - - u