The Caucasian. (Shreveport, La.) 1900-192?, 1911-01-29
CHARTER
OF THE IDA MERCANTILE COM
PANY,

State Of Louisiana, Parish of CaddO:
Before me, w. O. Owens, notary public
in and for the State of Louisiana and
the Parish Of CadIo, duly commissioned
and sworn, OH this day came and ap-
peared the several persons whose names
are hercunto subscribed, who declared
to me that they do hereby form them
selves into a corporation, under the laws
Of the State Of Louisiana, under the
stipuIations hereinafter set out, to-wit;
ARTICLE I.
The name and style Of this corporation
lis hereby declared to be IDA MER-
ICANTILE COMPANY; it shall have
the right to enjoy succession for ninety
nine years, with the right to contract,
Sue and to be sued; and to hold, pur
chase, lease, sell and hypothecate prop
crty real. and personal; its domicile
shall be in the town Of Ida, Caddo Par
ish, Louisiana, and all citation and other
legal process shall be made on its presi-
dent, or in his absence at the office of
the company, according to law.
ARTICLE II.
The objects for which this corporation
is organized and the nature Of the bust
ness to be carried on by it are declared
to be to carry on a general retail dry
goods, grocery and mercantile business :;
Ito buy, sell and otherwise deal in gro
ceries, dry goods, boots and shoes and
general merchandise, and to carry on a
general advancing business, for the pur-
pose of advancing supplies etc; and to
do any and all things incidental to the
purpose above named; and generally to
do all things necessary to be done in the
furtherance Of such objects and pur-
poses.
ARTICLE III.
The capital stock of this corporation
: is hereby fixed and declared to be the
t sum Of ten thousand ($Io,Ooo.oo) dol
lars. divided into one hundred (1oo)
shares of one hundred ($Ioo) dollars
r each; said capital stock to be paid for in
| cash or its equivalent, but shall not be
t issued and sold for less than its par
value; this corporation is authorized to
5 commence business whenever FIVE thous-
and dollars of its capital stock shall be
subscribed and paid for in full
/ ARTICLE ".
The corporate powers of this corpora
2 ton shall be vested in board of direc-
tors, consisting of three stockholders
who shall be ANNUALLY elected on the first
TUESDAY in January. The first board oil
: directors is hereby declared to be A. C.
! Dominick, ]. Fl. Dominick and c. L
!. Perry, who shall serve until the frs
G Tuesday in January 1912, or until theii
. successors are elected and qualified. The
7 officers of this corporation shall be ;
q president vice president and secretary
. treasurer; and the first officers of sale
J, company are hereby declared to be a. G
: Dominiek, president; ]. FL. Dominick
: vice president; C. L. Perry, secretary
| treasurer A majority of the stock shall
elect the directors, and in all election
or proceedings of stockholders eacl
share of stock present or represented b,
Iproxy shall be entitled to one vote. No
ltice of all elections or meetings of stock
: holders shall be given by written motto
! to each stakeholder ten days before sucl
a election or meeting of stockholders
directors shall be chosen at the office 0
Il the company.
: ARTICLE V.
|, No stakeholder shall be liable on &C
! Icount of any obligation TO this corpora
: Ition in any further sum than the amour
j Iof the unpaid balance due by him o
= stock subscribed for; and no irregular
lily nor any informally in organization
:. shall have the effect of rendering thi
charter null or of exposing any stock
holder to any liability beyond such IN
paid balance.
al ARTICLE VI
K This charter may be amended (excef
IS as to the increasing or decreasing of il
&c capital stock1 by two-thirds vote c
h, stock represented at meeting of tn
Il stockholders convened for such purpos
Ia after ten days written notice as aboV
ut provided. Whenever this corporation
t. dissolved, by Limitations or otherwise, il
80 affairs shall be liquidated by three con
n nissioners elected at stockholders NEE
lie ing, who shall have full power to win
ne up its affairs and settle its indebtedness
1. In testimony of which, the said aboy
he named parties have affixed their sign;
or lures on this the goth day of Decen
It Der 1910.
it, ANDREW C. DOMINICK.
er JOHN H. DOMINICK
81 CURRTE L. PERRY.