The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-30
CHARTER
OF the Allen Mercantile Company
Limited.

Be it known that this day before
me, F. A. Leonard, clerk and eX-of-
ficio recorder and notary public in
and for the Parish of Caddo, State of
Louisiana, duly commissioned and
qualified, came, in the presence of
the witnesses hereinafter under
signed, the several persons whose
names are hereunto subscribed, who
declared that availing themselves of
the provisions of Act SO of the Gen.
eral Assembly of the State of Louis
lana, approved June 20, 1888, and Act
10 of 1904, as well 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
ganize themselves into corporation
for the objects and purposes and
under the stipulations hereinafter
set forth, which they do hereby ac-
cept as their charter, to-wit:
ARTICLE l.
The name and title of this COR
)oration shall be the Allen Mercan-
lie Company Limited. By that name
It shall have power and authority to
nave and enjoy succession for the
,erm Of twenty-five (25) years from
and after the date hereof, to con-
.ract, sue and be sued, to make and
Use corporate seal and same to
change at pleasure; to hold, receive
lease and purchase, ALLEVIATE and
convey, as we'll as mortgage and n.y.
pothecate, property real and per-
sonal and mixed; to name and aD-
point such managers, directors, ofli-
GERS and agents as the interest OF
such corporation may require, and
o make an destablish such bylaws
rules and regulations for the proper
management of the affairs of sale
corporation as may be necessary
and proper, and the same to alter al
pleasure.
ARTICLE ii.
The domicile of this corporation
shall be in the town OF HOsston
Cadddo, Parish, Louisiana, and al
citations and legal process shall be
served on the president of the cor
ooration. or in his absence at the Of
| fee of the corporation according tC
Article 1873 of the Code of Practice
| Of Louisiana.
ARTICLE III.
The purpose for which this cor
ooration is organized and the nature
of the business to be carried on by i
are declared to be general mer-
camille business.
ARTICLE ".
The capital stock of this corpora.
lion is hereby fixed at twenty thous-
and (S20,00000) dollars. to be divided
into two hundred (200) shares o
one hundred (siO000) dollars pc
share, and the corporation may be
gin business when five thousant
fS5, 100000 of the stock is subscribed
and paid Up. The stock shall be pai'
for in cash or its equivalent whei
subscribed for, or the same may b
issued at not less than par in pay
ment for the property purchased b,
the corporation.
ARTICLE v.
/ All the corporate powers Of thi
corporation shall be vested in
board of directors to be compose
Of four stockholders, which boar
shall be elected annually on tn
fourth Monday in January, begin
ming on the fourth Monday in Jan
larry 1912. The first board of direc
ors is declared to be d. r. Allen,
| c. Allen ST., J. C. Allen Jr., and Flor
ance V. Allen, with d. r. Allen a
president; ]. C. Allen vice presiden
land J. C. Allen Jr., secretary an
reasurer. This said board is
serve until the fourth Monday
January 1913, or until their success
Tors are duly elected thereafter an
! such new board shall elect its presi
dent and secretary and treasure
The directors shall be elected by ia
stockholders, each share Of stock
)e entitled to one vote, to be cast b
Is owner in person or by proxy, an
/ A majority of votes shall cleo
Three (3) directors shall constitut
quorum. Any vacancy occurrin
n the board of directors may /
filed by the remaining members
he hoard until a general election
The president may appoint frol
time TO time and dismuss sue
clerks, agents and other employs
IS may be deemed necessary for II
purposes and business Of this col
ooration. The board of director
nav make all such rules and reguls
ions for the management OF Il
business as they may deem nece
sary; shall have power TO collect Q
debts, borrow money, issue bills
exchange, notes, execute mortgag