The Caucasian., 1912-02-15
CHARTER
Richland Compress and Warehouse
Company Of Delhi, Louisiana.

day of January A. D. 1912, before me,
A. b. Freyer, notary public in and
for the Parish of Caddo, State of
Louisiana, duly commissioned and
qualified, and in the presence of the
witnesses hereinafter named and
under signed, personally came and
appeared the several persons whose
names are hereunto subscribed, who
severally declared that availing
themselves of the laws Of Louisiana
relative to the organization of cor
porations, they have cOvenanted and
agreed, and do by these presents
covenant and agree and bind them
selves, as we'll as al such other per-
sons and may hereafter be assOCiat-
ed with them, to form themselves
into and constitute corporation
and body corporate in law, for the
object and purpose, and under the
conditions, stipulations and regula-
tons following, to-wit:
ARTICLE l.
The name and title of this corpor-
alton shall be RichIand Compress
and Warehouse Company OF Delhi,
Louisiana, and it's domicile shall be
in Shreveport, Caddo Parish, LOUIS
lana, and under the said name 1t
shall exist, have and enjoy success
ion for the period of ninety-nine
years from date hereof; it shall have
power to contract, sue and. be sued,
to make and use a corporate seal;
to hold, acquire, improve, lease, sell
and convey, as well as mortgage and
hypotheeate under its corporate
name, property, real, personal and
mixed; and to borrow and lend
money, and give and receive securi-
ties therefor, to appoint such man.
ayers, officers, agents or employees
as its interests may require, and
make and amend at pleasure such
bylaws as they may deem proper
for the management of its affairs.
ARTICLE II.
The purposes of the corporation
are the COMPRISING, storing and
shipping and draying of cotton and
other merchandise, establishing Of
warehouses and elevators, and the
transaction of all business apper-
tanning or incidental thereto.
ARTICLE III.
The corporate powers of this COR
poration are hereby vested in and
shall be exercised by board of di-
Irectors composed of three 81 stock
holders. Said board, shall be elected
annually on the second Tuesday in
september each year, and enter up
on the duties of their office imme-
diately upon same day of each year.
Each share of stock shall be entitled
to one vote to be cast in person or
by proxy at an election, and at any
meetings of stockholders, majority
| of votes cast shall be required To-
elect. Twenty days prior notice of
jall elections shall be given te all
stockholders, by written or printed
notices mailed TO each stockholder
by the secretary addressed to each
stockholders at his usual postoffice
address. The said board of directors
at their first meeting shall elect an
lnually out of their number a presi-
dent and vice president and also a
secretary treasurer. w. L. Crawford,
S. B. Hicks and E. B. Rand are here
| by designated as the first board of
| directors, with w. T. Crawford as
president, S. B. Hicks as vice presi-
dent and E. B. Rand as secretary
treasurer, who shall act as same
until the first election under this
charter, towit, second Tuesday in
September 1912, or until their sue
eessors are elected and qualified.
Citation and all other legal process
to be served on the president, or in
event OF his absence on the vice
president. Vacancies in above board
Iof directors and on all other boards
snail be fllied by election by remain
ling members of the board.
ARTICLE ".
The capital stock of this corpora
ton is fixed at the sum of S12,000.00,
represented by i20 shares at $4,000
each, payable in cash or property,
real or personal, on such terms and
conditions as the board of directors
may determine. The company shall
begin business as soon as $i0,000.00
of the capital stock has been sub
seribed. All transfers of stock shall
be made on the books of the COM
pany and shall be signed by the
stakeholder or his attorney.
ARTICLE ".
The board of directors may bor-
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