The Caucasian., 1913-11-09
hereinafter set out, tO-Wlt:
ARTICLE,

-sft itl4r ".
The name and style of fsIs cor
poration is hereby declared to bS
tiosrnoy tsercsntiie qompany: 10
shall have the right to enjoy sue
CcSslon for nimcty-ninc years, wiz
the rIgIts to contract, sue end bNs
sued, and to holG purchase, lease.
and personal: ito dOmlcile shall be
at The Station Glournoy, sIaddo Par
iSis, f.oulSiana, and all citation and
other legal process shal be made oR I
its president or in hlg absence at
the office Of the company according
to law.
!ARTaCLE W.
Vhe objects gor which shis core
DOration is organized enc Else ne
ture of the business to be Garrie6
on by it ere declared 90 De 90 carry
on . general retsil dry goods, gro
cery and mercantile business, tes
Dug, sell sn6 otherwise deal in 0ros
eeries, dry goods, boots emo shoes
ana general merchandise, snd to
carry on . eenerxl AdvaneinO busi-
ness, Cor the purpose of sdvsncine
supplies, etc, and to own end Ope-
rate . cotton gin, to buy and seA
cotton, and to do any and all things
Incidental 90 the purposes above
named; and generally to do any ana
all things necessary to be done 10
the furtherance of such objects anCA
purposes.
ARTICLE III.
The capital stock of this corporae
tiOn is hereby fixed and declared to
be the sum of twenty-five thousand
(S25, 100000 and no-i0O dollars, di-
vided into two hundred and fifty
$50 shares of one hundred dollars.
$4,000 each, said capital stock to
be paid for in cash or its equlva-
lent but shall not be issued and
sold for less than It's par value; this
corporation is authorized tde COM
menee business whenever six thOus-
and 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 a board
of directors consisting of three
stockholders, who shall be annually
selected on the first Tuesday in jan
uary. The first board of directors
is hereby declared to be A. G. Flour
noy, A. D. Hatcher and L. M. Flour
noy, who shall serve until the first
Tuesday in January of 1915, or until
their successors are elected and
qualified. The officers Of this cor
pOration shall be a president, vice
president and secretary-treasurer;
and the first officers of said COM
pany are declared to be A. G. Flour
noy, president, secretary-treasurer;;
A. d. Hatcher, vice president. A ma
iority of the stock shall elect Sfhe
directors, and in all elections Or
proceedings of stockholders each
share of stock present or represent
ed by written proxy, shall be enti-
tied to one vote. Notice of all elec- !
tions or meetings of stockholderY
shall be given by written notice to
each stockholder 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 or any infor-
mality in organization shall have
the effect of rendering this charter
null or of exposing any stockhOlder
to any liability beyond such unpal
balance.
ARTICLE vi.
This charter may be amendeE
Except as to the increasing OF de-
creasing of its capital stock by a
two-thirds vote Of the stock repre-
sented at meeting Of the stock
holders convened for such purpose
after ten days written notice as
above prescribed. Whenever this
corporation is dissolved by limita-
ton or otherwise, its affairs shall be
liquidated by three commissioners
elected at stockholders meeting.
who shall have full power to win1
up its affairs and settle its indeh1-
edness.
In testimony of all of which the
said above named parties have f.
4 5elr signatures on this the
3rd day of November 1913.
A. g.. fLOURNW-
A. d. HATCHER.
Attest: l.. Il. FLOBRN6.
E. B. HERNDON.
JnyyN- n yoGDc