The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1912-11-23
ACT or INCORPORATION or ALLEN.
SEWER CO., LID.

Before me the undersigned authorit,
duly commissioned and qualified accor
ding to law and in the presence of b
witnesses hereinafter named, and M
dersigned, on the 18th day of Octorr'
1912 personally appeared the persons
whose names are signed hereto, who
declared:
That availing themselves of the law
of the State of louisiana, relative t.
the organization of corporations they
have covenanted and do, by these pres
ents, covenant, bind form and constitute
as we'll as such other pei
sons as may hereafter join or become
with them, into a body poll
tic and corporation for the objects and
purposes, and under the stipulation
following:
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 have
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, 10 have and empl
such managers, officers and employ
as the interest of the corporation shai
require and to conduct he business 10
which the corporation is ere ated.
ARTICLE ii ...
The domicile OF said corporation shall
be at Tallulah, Madison Parish, Louis
lana, and all citations or other legal
process shall be served either upon it's
President or it's Vice-President, or its
Secretary-Treasurer.
ARTlCI F. III.
The purpose for which this corpora
ion is created is to conduct, carry on
md operate a general mercantile bust
less, either wholesale OF retail or both,
to buy, sell, own and lease property,
10Th real and personal, to lend and bor-
row monies. to max. sign and endOrs
notes, bills, drafts and checks; and
do any and all things necessary IN car
rying out the purposes for which Tn
corporation is created.
ARTICLE w.
The capital stock of this corporation
is fixed at the sum OF Ten thousand dol E
lars represented by one hundred shares
of 500. 90 dollars each, which stock
shall be paid for either in cash or III
property and said corporation may be-
gin business when Ten Thousand Dol
ars of stock therein has been sub
.cribed for and paid up.
ARTICLE V.
The corporal. powers shall be vested
in board of Directors, composed oil
three stock holders, but the stock-hol-
iers by majority vote shall have the
light to increase the membership OF
aid board of Directors. The majority
0, said board shall constitute Of quorum
for the transaction Of the business.
The fire. board OF directors are declared
70 be ID. X. Allen, w. p. SEVER, and
III Hurst, with d. II. Allen
president: w. p. Sever ~ vice-I re'I
dent and l.. n. Hurst as Seer tary
Treasurer. A new board of dire ct"r
shall be elected on the second Tue sd :
in October 1918, and annually there
after by the stock holders, and J
Boards and officers shall hold offire un =
tif their successors shall have been des-
ignated and elected as provided in this
charter The Board of Directors shall
meet at such times as may be d 81 d
ted by the bylaws or upon call OF y
President. Special meetings may
held of the stock holders, upon one
weeks written notice given to the
stock holders, signed by either the
President or Vice-President. Vacan-
cies on the board of Directors may be
flied by the remaining directors
ARTICLE vi.
Whenever this corporation shall bt
dissolved by limitation or otherwise its
affairs shall be liquidated by three com.
missioners, elected by the stock-hol'
ders for that purpose, unless such liqui.
dation and dissolution shall be made
by some other lawful means.
ARTICLE VII.
The officers of this corporation shal
BIS a President, a Vice-President, ant
Secretary-Treas and the Presiden
shall have authority to appoint and dis
charge, at will, all such assistants an
agents as the interest of the corp 'ra
ton 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 oy sue
officers except, as hereinotherwise con
ferred. The President shall have fu
power to appoint, employ discharge an
liz salaries of all employees he sha
have entire control and management
the business of the corporation, with CD
sole right to buy, and sell property fc
the corporation, to make and sign a
notes drafts, checks and contracts an
to do all things necessary to condnt
the business for which this corporatio
is created. Each appearer hereto hs
set opposite his name the number
shares for which he has subscribed &
that the same will operate as a stoc
subscription list.
Ten Thousand Dollars having bee
subscribed by the incorporators, here'
and paid up, this corporation is author
lied to commence business from tn
date.
Thus done and passed in the present
of JEFF B. Snyder and A. J.Sevier. J
two competent witnesses, who sign
such together with the appearers ar
me Notary on the date first herein wri
ten.
Attest:
JEFF B. SNYDER
A. j. SEWER
D. H. ALLEN, 80 shares
w. r. SEWER, 49 shares
i L. H HURST. share
JOHN E. YERGER,