The Caucasian. (Shreveport, La.) 1900-192?, 1912-04-28
CHARTER
OF Belcher Mercantile Company


do: Before me, E. B. Herndon Jr
notary public in and for Caddo Par
fish, State of Louisiana, duly com
|missioned and sworn, on this day
came and appeared the several per
sons whose names are hereuntO sub
Iscribed, who declared to me, notary,
that they do hereby form Them
selves into a corporation under the
laws of the State of Louisiana I'M
der the following stipulations and
conditions, to-wit:
ARTICLE L.
The name and style of this cor
poration is hereby declared to be
the Belcher Mercantile Company; it
shall have the right to contract, sue
and be sued, and to hold, purchase,
lease, sell, and hypothecate proper
Ity, both real and personal, and to
own and conduct public gin; its
domicile shall be in the town of
Belcher, Caddo Parish, Louisiana,
and all citation and other legal pro-
cess shall be made on its President
or in his absence at the office of the
company, according to law.
49, ARTICLE II
The objects for which this cor
poration is organized and the nature
of the business to be carried on by
It are declared to be to carry on a
general retail dry goods, grocery
and mercantile business; to buy, sell
and otherwise deal in groceries, dry
goods, boots shoes, and general mef-
and to carry on a general
advancing business for the purpose
of advancing supplies, ETC., and to
carry on a public gin, and to do any
and all things incidental to the pur-
pose above named, and generally to
do all things necessary to be done
in the furtherance of such objects
and purposes. -
ARTICLE III
The capital stock of tbs corpora
ton is hereby fixed and declared to
be in the sum of twenty-five thous
and 1926, 100000 dollars, divided into
two hundred and fifty shares of One
Hundred {siOO00) Dollars each; said
capital stock TO be paid for in cash
or its equivalent, but shall not be
issued and sold for less than its par
value; this corporation is authoriz-
ed to commence business whenever
Ten Thousand (Si0000.O0) Dollars of
its capital stock shall be subscribed
for and paid for in full.
ARTICLE ".
The corporate powers Of this cor
poration shall be vested in board
of directors, consisting of four ~
stockholders, who shall be annually
elected on the first Tuesday in April
Of each year. The first board of di
rectors is hereby declared to be: d.
p. Hollis, L. +. C. Pearce, E. A. Rabb,
and Mrs. Lucy T. Rabb, who shall
serve to the first Tuesday in April,
1913, or until their successors are
or qualified. The officers of
this corporation shall be, presi-
dent, vice president, and a Sec
rotary treasurer. and the first Off
GERS of said company are hereby
declared to be ID. P. Hollis, presi-
dent; L. T. C. Pearce, vice president;
and E. A. Rabb secretary treasurer.
majority of the stock shall elect
the directors and in all elections or
Of stockholders each
hare of stock present or represent
d by proxy shall be entitled to one
vote. Notice of all elections or meet
lngs of stockholders shall be given
by written notice to each stock
holder ten days before such election
Or meeting of stockholders; the di-
rectors of said corporation shall be
chosen and elected at the office of
he company.
ARTICLE V.
No stakeholder shall be liable on
account of any obligation of this
in any further sum than
The amount of the unpaid balance
1ue by him ON the stock subscrib-
ID for and no irregularity nor any