The Caucasian. (Shreveport, La.) 1900-192?, 1911-08-08
CHARTER
OF the Nelson Clothing Company

DO: Be it known that on this the 31st
day of July A. D. 1911, before me,
/. F. Bell Jr., notary public in and
for said parish and State, duly COM
missioned and qualified, came and
w. A. Nelson, A. L. Nelson
il. and f. L. Wisdom, all residents
of Caddo Parish, La, each OF whom
declared unto me in the presence oil
the attesting witnesses, that awaiting
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 it's 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 its office; and under its
corporate name it shall have author
ity to sue and be sued; to adopt and
use 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,
of 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 OF
twenty-five thousand dollars, divid-
ed into two hundred and fifty shares
| LOT one hundred ($i00) dollars, par
value, each, which shall be paid fol-
| in cash, or by the transfer OF prop
erty or labor or service performed
as may be approved by its board o.
directors, and a resolution of th'
board of directors of this corpora
| ton that the consideration given fol
any stock is fair and adequate shall
/ be conclusive evidence that 1T Il
such. 1t shall commence business
whenever twelve thousand five hun
tdred dollars of its capital stock i
subscribed and paid for, and al
stock issued by it shall be fully pail
and worcestershire. The balance o
said capital stock shall not be soil
or disposed of in any way except b.
j resolution of the board of directors
| No stock shall be sold by the holde
| thereof in open market except afte
item days prior notice of intention t.
| sell has been given the company
| during which time the other stock
holders shall have the privilege 0
purchasing same.
i
/ ARTICLE ~.
/ The affairs of the corporation
shall be managed and controlled b.
. board of directors consisting Q
three stockholders, who shall b
| elected at stockholders meetin
lduly held at the office of the COM
| pany on the first Tuesday in Angus
Iof each year by the stockholders a
a meeting called for that purpose
| and at stockholders meetings, eacl
i share of stock shall be entitled t
one vote, whether cash in person 0
by written proxy, and at all meet
ings of stockholders, except as 9th
erwise provided, majority OF stoc
represented at such meeting sha
| control. The number of director
may be increased from three to fiv
| at any time by the stockholders
any stockholders meeting. Until tn
election to be held in August 1871;
the following persons shall constl
lutte the board of directors of thi
q corporation: w. A. Nelson, A. 7. Mel
Iscn Jr., and F. L. Wisdom, with A. ]
Nelson Jr., as president; F. L. Wis
) dom as vice president, and w. I
j Nelson as secretary-treasurer VIII
shall hold their offices until thei
successors are duly elected an
qualified. Any vacancy occurring
!, the board of directors shall be file
{ BY the remaining members or mem
) Der ow said board of directors fo
q the unexpired term. Whenever
! beard of directors is elected it sha
! Immediately meet and elect froi
: among its members a president,
r vice president and secretary-treas