The Caucasian. (Shreveport, La.) 1900-192?, 1912-05-02
CHARTER
OF Belcher Mercantile Cosas'al8

State of Louisiana, Parish OF Cad
do: Before me, L. B. Hernson Jf.,
notary public in and for Caddo Par
ish, State of Louisiana, duly com,
missioned and sWorl, on this day(
came and appeared the several per
sons whose names are hereunto cub
scribed, who declared to me, notasy,
that they do hereby form Them
selves into corporation under the
laws of the State of Louisiana I'M
der the following stipulatfons and
conditions, tO-wit:
ARTICLE I.
The name and style of this cor
poration is hereby declared to be
the BelcheS Mercantile Company; it
shall have the right to contract, sue
and be sued, and to hold, purchase,
lease, sell, and hypothecate proper
ty, both real and personal, and to
own AID 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.
ARTICLE II
The objects for which this cor
Doration is organized and the nature
Of the business to be carried on by
t 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 mer-
|Chandise, and to carry on 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
lin the furtherance of such objects
and purposes.
ARTICLE III
The capital stock of this corpora
ton is hereby fixed and declared tC
be in the sum of Twenty-Five thOus-
and 1925 ,OO0O0l dollars, divided into
two hundred and fifty shares of One
Hundred ($iO0.00) Dollars each; sale
capital stock to be paid for in cash
or it's equivalent, but shall not bt
Issued and sold for less than its pal
VALUE; this corporation is authoriz
ed to commence business whenever
Ten Thousand (StO,0O0.0O) Dollars o
Its capital stock shall be subscribet
for and paid for in full.
| ARTICLE ~.
The corporate powers of this cor
lporatiOn shall be vested in a boar
lof directors, consisting of four a
stockholders, who shall be annual
|elected on the first Tuesday in Apr
of each year. The first board Of dl
rectors is hereby declared to be: [
P. Hollis, L. F. C. Pearce, E. A. Rabt
and Mrs. Lucy l. Rabb, who shaJ
serve to the first Tuesday in Apri
1913, or until their successors ar
elected or qualified. The officers {
this corporation shall be, a pres
dent, vice president, and a Sci
rotary treasurer. and the first off
lcers of said company are hereb
declared to be d. P. Hollis, pres
ldent; L. +. G.. Pearce, vice presiden
= and E. A. Rabb secretary treasure
A majority of the stock shall ele'
r the directors and in all elections {
! proceedings of stockholders eac
hare of stock present or represen
d by proxy shall be entitled to OF
vote. Notice Of all elections or NEE
4 lings of stockholders shall be give
by written notice to each stoc
y holder ten days before such eleCti'
or meeting of stockholders: the {
!, rectors of said corporation shall
o chosen and elected at the office
# the company.
70 ARTICLE V.
n No stakeholder shall be liable
n account of any obligation Of Il
Il corporation in any further sum tn
the amount of the unpaid balan
" due by him on the stock subscri
G. ed for and no irregularity nor a