The Caucasian. (Shreveport, La.) 1900-192?, 1912-02-18
CHARTER
OF The WillcrS

State of Louisiana, Parish oi Cad
Ilo: Before me. The undcrSlgn'u no
tary public, duly commissioned an"
sworn. appeared Morris Abraham,
Julius Gamn and H. GoIdman' all
residents Of Caddo Parish, VINO de
rIarrd to me That they hereby form
themselves into a corporation ullu'F
the laws of the State of louisiana
under the stipuIalions hereinafter
set out. tO-Wit:
ARTICLE |.
The name and style of tins cor
poratiou is hereby declared to De
Wilprs. It shall have the rlght 10
enjoy succession for nInetN-hllle
wears, with the right to contract
sue and be sued and to hold, pur-
chase. lease. sell and hypothecat'
property, real and personal. It's
domiciIr shall be in the City OF
Shreveport, Louisiana, and all clta-
tions and other legal process shali
be made on its president. or III MS
.abscnce. at the office of the Com
pany according to law.
ARTICLE II.
The object for which the cOrpOr-
.ation is organized and the nature OF
the business 10 be carried on by 1t
is hereby declared to be the conduct
lin the CITY Of Shreveport. and else
where. at the Will Of the Board o1
Directors. Of a retail merchandise
business: and to that end, the cor
lporalion shall have authority to DO
any and every arl inCendcntal To
such business.
ARTICLE III.
The capital stock Of this corpor-
alton is hereby fixed in the sum OF
Twenty Thousand (S20,00o0O) Dol
lars, divided into two hundred
shares of One Hundred (Sl00.oOl
Dollars each. and said corporation is
iGuthOrized to commence business
whenever fifty shares of its capltal
stock is subscribed and paid for in
full: the capital stock of said cor
poration shall be paid for in cash
or in its equivalent.
ARTICLE ".
The corporate power of this cor
,poratiOn shall be vested in a Board
Iof Directors. consisting OF i've
stockholders, who shall be elected
on the second Tuesday in January
The first Board of Directors is de-
clared to be M. Abraham, Julius
Gamm. and H. Goldman, who shall
serve until their successors are
elected.
The officers Of this Company shall
be a President, Vice President, Sec
rotary and Treasurer. and the firsl
of the officersc are declared to be
Morris Abraham. President; and Ju-
Illus Gamm, Secretary and Treasu.
rer. Said officers shall be elected
ANNUALLY on the second Tuesday in
January. A majority of the stock
shall elect the directors and in al
, elections or proceedings of stock.
holders each share of stock pres
eni or presented by written proxy
shall be entitled to one vote. No
tice of all elections or meetings
of stockholders shall be ADVERTISED
ten days in daily paper: director,
shall bechosen at the office of tht
Company.
ARTICLE V.
! No stakeholder shall be liable OF
account of any obligation to thi
corporation in any other sum thar
the amount of unpaid balance du,
by him on stock subscribed for.
!, No irregularity or any informalil,
. in organization shall have the effec
of rendering this charter null or o
exposing any stakeholder to an,
liability beyond such unpaid bal
, ance.
ARTICLE VI.
This charter may be amende,
l except as to increasing or decreas
F. ing its capital stock by a two-third
vote Of stock represented at a meet
/ ing Of the Stockholders convene
for such purpose. after ten day,
, previous notice by publication il
Z any .'e Of The newspapers of tn
c i!yOf Shreveport. Louisiana.
: Whenever this corporation is dis
: solved by limitation or otherwise
{ its affairs shall be liQuidated h,
4 three commissioners, elected at
. stockholders meeting. who shaI
} have full power to wind up its af
fairs and settle its indebtedness. b
In testimony of all of which, TIN
1 iahIVe named parties have hertuDt