The Caucasian. (Shreveport, La.) 1900-192?, 1912-05-07
CHARTER
OF BeIcher Mercantile Company

State of Louisiana, Parish OF Cad
do: Before me, E. B. Herndon ill.,
notary public in and for Caddo Par
ish, State of Louisiana, duly com
missioncd and sworn, on TINS Gay
came and appeared the several per
sons whose names are hereunto SUD
scribed. who declared to me, notary
that they do hereby form thelh-
selves into a corporation under the
laws of the State OF LOUISIANA uh-
der the following stipulatIonS anu
conditions, tO-Wit:
ARTICLE I.
The name and style Of this cor
poration is hereby declared to De
Ihe Relcher Mercantile Company; II
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
lovn AID conduct a 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
poration is organized and the nature
of the business to be carried on bv
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-
Ichandise, 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-
Ipose above named, and generally to
lido all things necessary to be done
lin the furtherance of such objects
land purposes.
| ARTICLE III
| The capital stock of this corpora
ltion is hereby fixed and declared to
lbe in the sum of Twenty-Five thous-
land 1926, 100000 dollars, divided into
1.-TWO hundred and fifty shares OF One
Hundred $4,000 Dollars each; sale
|capital stock to be paid for in cash
lor it's equivalent, but shall not be
Issued and sold for less than its PAL
value; this corporation is authorlz
ed to commence business whenever
Ten Thousand (si0,0O00o) Dollars O.
i it's capital stock shall be subscribed
for and paid for in full.
ARTICLE ~.
/ The corporate powers OF this cor
peration shall be vested in boart
! of directors, consisting of four a
stockholders, who shall be annual.
elected on the first Tuesday in Aprl
] of each year. The first board OF dl
] rectors is hereby declared to be: L
p. Hollis, L. F. C. Pearce, E. A. Rabf
land Mrs. Lucy I. Rabb, who shall
serve to the first Tuesday in April
It9t3. or until their successors ar
detected or qualified. The officers Q
this corporation shall be, a pres
ldent, a vice president, and Sec
Rotary treasurer. and the first OIL
Il GERS of said company are hereb
{ ,ldeclared to be d. P. Hollis, pres
y dent: l.. f. G.. Pearce. vice preslden
Gland e. A. Rabb secretary treasure
: A majority of the stock shall elet
Il 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
,,lings of stockholders shall be give
by written notice to each stoc
!. holder ten days before such electit
or meeting of stockholders; the G
! |reetors of said corporation shall
20 Ichosen and elected at the office !
ct The company.
ARTICLE Y.
IN No stakeholder shall be liable
"a account of any obligation of I'll
Ill corporation in any further sum tn
the amount of the unpaid baian
~ ldue by him on the stock subscri
e. led for and no irregularity nor a