The Caucasian. (Shreveport, La.) 1900-192?, 1912-03-07
CHARTER
OF the Texas Delinter Company Ltd.
of Shreveport, La.

> Be it known that on this the CAST
day of February, 1912, before me,
T. F. Bell Jr., a notary public in and
for the Parish of Caddo, State of
Louisiana, duly commissioned and
qualified, and in the presence OF
witnesses hereinafter named and
undersigned, personally came and
appeared the several persons whose
names are hereunto subscribed, who
severally declared that availing
themselves of the laws of the State
|of Louisiana relative to the organic
alton of corporations, they have COW
lenanted and agreed, and do by these
presents covenant and agree and
bind themselves, as we'll as such 9TH
er persons as may be hereafter as
lsociated with them, to form them
selves into and constitute a corpor-
alton and body corporate in law,
for the objects and purposes and
under the conditions, stipulations,
and regulations following, to-wit:
ARTICLE I.
The name and title of this corpor-
lation shall be ''The Texas Delinter
Company Limited" and it's domicile
shall be in the City of Shreveport,
Gaddo Parish, Louisiana. Under
the said name it shall exist and en-
joy corporate existence for the
period of ninety-nine years from
date hereof, unless sooner dissolv-
led. 1t shall have power to con-
tract, sue and be sued, to make and
use a corporate seal, to hold, &C
quire, lease, sell, and convey, as we'll
as to mortgage or hypothecate, I'M
der its corporate name, any real or
personal property; to borrow and
lend money and to give or receive
security therefor; to name and ap-
point such managers, officers,
agents, or employees as its interests
may require. 1t shall also have the
power to make and amend such by
laws as may be deemed proper for
the management of it's affairs.
ARTICLE III.
The authorized capital stock OF
this corporation is fixed at Ten
Thousand Dollars, divided into One
Hundred shares of One Hundred
dollars each. The said capital
stock shall be paid for, either in
leash, services rendered, or real or
personal property on such terms as
the board of directors may determ-
inc. The corporation shall begiI
business as soon as Three Thous-
and Dollars of the capital stock
thereof has been subscribed. Trans
|fers of the aforesaid stock shall be
made on the books of the corpor-
lation by the stockholders in person,
or by written proxy, and under such
lrules and regulations as the board
lof directors shall prescribe.
| ARTICLE III.
| The purposes for which this cor
Iporation is organized are hereby de,
lelared to be that of manufacturing
buying and selling and operating
machinery of any kinds, but espec.
Tally that which is used in cleaning
lcrushig, or delinting cotton seed
THAT of buying, selling, and manu-
featuring cotton seed and cotton
Iseed products, as well as any other
commodities not prohibited by law
land the transaction of any and all
business apperttaining or incideta
Ito the said purposes.
ARTICLE ".
/ The corporate powers of this cor.
Iporation shall be vested in a boarG
of directors to be composed of three
lof its stockholders, majority Of
whom shall constitute quorum
ISaid board shall be elected on the
first Tuesday o feach January anG
tshall enter upon the the discharge
Iof their duties Immediately on the
.lsame day of each year. Each share
lof stock shall be entitled to one
lvote, to be cast in person or by
Iproxy, at an election, and at the an
Inual meeting of stockholders, ma
ijority of votes shall be required &c
ielect. Thirty days prior notice OF
lall elections shall be given to al
stockholders, by written or printed
notices mailed to each stockholdel
Iby the Secretary, addressed to each
Istockholder at his usual post office
address. The said board of diree.
Itors, at their first annual meeting
!shall elect from their number, Z
president and also a Secretary.
| Treasurer. John S. Young, R. H
Ward and w. L. Young the hereby
designated to be the first board OF
Idireetors, with John S. Young as
tpresident and w. L. Young as Sec.
lrtary- Treasurer, who shall act un
Hill fhe first nlaefion chal1 ha hold