The Caucasian. (Shreveport, La.) 1900-192?, 1913-12-28
CHARTER
O9 the Thweatt & DUNE Company
Limited


louisiana and in the PARISH e6 Sad-
do dulv commissioned and sworn
on this day came and appeared sAe
several persons whose name are
hereunt0 subscribed, who declared
e. me thas shes do hereby 2orm
themselves into corporation under
the laws of the State Oh LOUISIANA
under the stipulations herelnalIef
set out eo-wit.
ARTICLE ].
4,he name and style OF shis cor
narration is hereby declared 20 be
Thweatt & Dunn Company Limited;
& shall have the right to- enjoy sue-
cession for ninety-nlne years. WIN
the right to contract, sue ana De
sued9 and to hold, purchase lease,
sell and hypothecate property, real
and personals As domicile shals De
in the Gown of Greenwood, &addo
Parish. Yaa and all citation ana
other legal process shall be made on
it's president, or in his absence at
the office 81 the company ACCORDING
to law,
9RTICLE R
The objects for which this core
poration is organized and the nature
of the business to be carried on by
it are declared to be to carry on a
general retail dry goods, groceries
and mercantile business; to buy, sell
and otherwise deal in groceries, dry
goods. boots and shoes aud genefai
merchandise, and to carry on a gen
eral advancing business for the pur-
nose of advancing supplies, ETC., and
to do any and all things incidental
tn the purposes named above; AMI
generally to do any and all things
necessary to be done in the further
ance of such objects and purposes.
ARTICLE III.
The capital stock of this corpora
tion is hereby fixed and declared to
be the sum of twenty-five thousand
and no-iOO dollars 1926, 100000, di-
vided into two hundred and fifty
{25O) shares of one hundred (S1OO)
dollars each; said capital stock to
be paid for in cash or its equivalent,
but shall not be issued and sold for
less than its par value; this corpof-
alton is authorized to commence
business whenever three thousand
dollars of its capital stock shall be
subscribed and paid for in full.
ARTICLE ~.
The corporate powers OF this cor
poration shall be vested in board
of directors consisting of three
stockholders, who shall be annually
elected on the first Tuesday in jan
nary. The first board of directors
is hereby declared to be |. R.
Thweatt, A. ]. Scott and B. NJ. Dunn,
who shall serve until the first Tues
day in January 1915, or until their
successors are elected and qualified.
The officers of this corporation shall
be a president, vice president and
OBSERVATION-DISCLOSURES; and the first
officers of said company are hereby
declared to be: I. R. Thweatt, presi-
dent; A. ]. Scott, vice president, and
b. M. Dunn, secretary treasurer. A
majority of the stock shall elect the
directors, and in all elections OF
proceedings of stockholders eacn
share of stock present or repre-
scented by written proxy shall be en-
titled to one vote. Notice of all cleo
fions or meetings of stockholders
shall be given by written notice to
each stakeholder ten days before
such election or meeting of stock
holders; directors shall be chosen
at the office Of the company.
ARTICLE v.
No stakeholder shall be liable on
account of any obligation to this
corporation in any other sum than
the amount of the unpaid balance
due by him on stock subscribed for,
and no irregularity nor any infor-
mality in organization shall have
the effect of rendering this charter
null or of exposing any stakeholder
to any liability beyond such unpaid
balance.
ARTICLE vi.
This charter may be amended
Except as to the increasing or de-
creasing of its capital stock by a
two-third vote of stock, represented
Ut meeting of the stockholders con-
vened for such purpose, after ten
days written notice as above pro-
yided. Whenever this corporation is
dissolved, by limitation or other
wise, its affairs shall be liquidated
by three commissioners, elected at
stockholders meeting, who shall
have full power to wind up its af-
fairs and settle its Indebtedness.
In testimony of all of which, the
said above named parties have af-I