The Madison journal., 1912-12-07
ACT or incorporation or ALLEN
Z SEWER CO., LID.

Par1en OF Madison
Before me the undersigned authorit,
duly commissioned and qualified accor
ding to law and in the presence OF TIM
witnesses hereinafter named, and I'M
dersigned, on the 18th day of October
1912 personally appeared the persons
whose names are signed hereto, VIII
declared:
That availing themselves of the law
of the; State Of louisiana relative T.
the organization Of corporations the.
have covenanted and do, by these pres
ents, covenant, bind form and constitute
themselves, as we'll as such other pei
sons as may hereafter join or. becom
associated with them, into body poll
tic and corporation for the objects ant
purposes, and under the stipulation
following:
49, = ARTICLEI.
The name and style of this corpora
ton shall be ALLEN-SEVIER COM
PANY, LIMITED, and by that nam
it shall have power to enjoy and hav'
succession for a period Of ninety-nin
years to contract, sue and be sued in it
|, corporate name, to make and to use
corporate seal, tn have and emplo!
such managers, officers and employee
as the interest of the corporation shal
REQUIRE and to conduct the business TO
which the corporation is created.
ARTICLE II
The domicile OF said corporation shal
be at Tallulah, Madison Parish, Louis
lana, and all citations or other lega
process shall he served either upon it,
President or it's Vice-President, or it
Secretary-Treasurer.
ARTICLE III.
The purpose for which this corpora.
ton is created is. to conduct, carry on
and operate a general mercantile busi-
ness, either wholesale or retail or both,
to buy, seil, own and lease property,
both real and personal, to lend and hor-
row monies. TO make sign and endorse
notes, bills, drafts and checks; and to
do any and all things necessary in car
rying out the purposes for which the
corporation is created.
ARTICLE Nv.
The capital stock of this corporation
is fixed at the sum Of Ten thousand dol
lars represented by one hundred shares
of $i0O.0O dollars each, which stock
shall be paid for either in cash or in
property and said corporation may be-
gin business when Ten Thousand Dol
lars of stock therein has been SUBJ
scribed for and paid up.
ARTICI.Ev.
The corporate powers shall be vested
in board of Directors, composed oi
three stock holders, but The stock-hol-
ders by majority vote shall have the
light to increase the membership ol
aid board of Directors. The majority
Of said board shall constitute of a quorum
for the transaction OF the business
The first hoard of directors are declared
to be D. II. Allen, W. p. Sever, and
L. H. Hurst, with D. H. Allen az
president; w. P. Sever as vice-presi-
dent and, L. H. Hurst as Secretary
Treasurer. A new board Of directors
shall be elected on the second Tuesaa y
In October 1913, and annually there
after by the stock holders, and al
boards and officers shall hold Office un
til their successors shall have been des.
ignated and elected az provided in this
charter The Board OF Directors shal
meet at such times IS may be designa.
ted by the bylaws or upon call of th'
President. Special meetings may b'
held of the stock -holders, upon one
weeks written notice given to the
stock holders, signed by either thf
President or Vice.President. Vacan
cies on the board of Directors may bt
filled by the remaining directors
ARTICLE vi.
Whenever this corporation shall bt
dissolved by limitation or otherwise it
affairs shall he liquidated by three com
missioners, elected by the stock-hol
ders for that purpose, unless such liqui.
dation and dissolution shall be mad,
by some other lawful means.
ARTICLE VII.
The officers OF this corporation shal
bs a President, Vice-President, ant
Secretary Treasurer, and the Presiden
shall have authority to appoint and dis
charge, at will, all such assistants ant
agents a. the interest OF the corpora
tion may require. Said officers shall b
elected annually, and they shall b
stock holders.
ARTICLE VIII.
The President shall have such pow
ers as are generally exercised by sucl
officers except, as hereinotherwise con
ferred. The President shall have full
power to appoint, employ discharge an,
fix salaries Of all employees he shal
have entire control and management q
the business of the corporation, with tn
sole right to buy, and sell property TO
the corporation, to make and sign al
notes, drafts, checks and contracts an
to do all things necessary to conduc
the business for which this corporation
10 created. Each appearer hereto ha
set opposite his name the number o
shares for which he has subscribed o
that the same viii operate as Q stoc
subscription list.
Ten Thousand Dollars having bee
subscribed by the incorporators, hereo
and paid up, this corporation is author
lied to commence business from thi
date.
Thus done and passed in the presenc
Of JeR b. Snyder and A. ]. Sewer. j
two competent witnesses, who sign a
such together with the appearers an
me Notary on the date fist herein wri,
ten.
Attest: y
JEFF B. SNYDER
A. ]. SEVER T..
D. H. ALLEN, 50 shares
w. p. SEWER, 40 shares
L. H HURST. ! share
JOHN E. YERGER,
| Clerk 9th. Dist Court of Mad
ison Parish, La, snd Ex.! !Ofhci
Notary Public.
State Of Louisiana
Parish Of Madison
I hereby certify that the above is
true and correct copy Of the act OF In
corporation Of Allen. .Sevier Compan!