The Caucasian., 1913-11-27
CHARTER

II CHARTER
o. che T1ourDoy Mesesnsae Com
pan9o
The stare 09 Louisiana. VDavisn a.
Gaddo: Before sneo g. Oh. Bge:n'2oI
Jr., aotsry DubiG oe ana Sasr aA'
State of lonisians ana 8lsse Paris
lof Gaddo, 0uly eonmissnne3 sn'
isworn, on shie 2ay came ana ap-
! peared the seserol persons whass'
names are slereunte subNribeao Wht
declared to me chat Shey oio herebs
form themselvee onte corporation
under Che laws oq che State o.
Louisiana, alnder che etipeletdeDs
hereinafter set ou9, toewido
l GRTICsE 8.
\ Che lane and style of aYis core
operation is hereby declared 90 be
Flournoy Mercantile companys d
shall have the right 20 enjoy suse
tcession for glinety-nine gears, Hith
the right to- contract, sue end be
sued, and 60 Mold, purcheses lease,
sell and hypothecate proDertg, reaI
and personal; its domiciIe shsll be
at the Station Flournoy, Caddo Psr-
ish, Louisiana, and oil citation and
other legal process shall be made on
| its president or tN lsie sbRnce et
the office nf tlse Ga'lnD any according
| to 4swe
| aRTYCaE o..
ghe objaete Cor which efsie core
AporatNn % organized ana Che nae
4 tu1e of che business 90 BE carsied
on BY 10 are declared 60 be 90 eargy
on general retail dry goods sIue
cery and mercantile 0usinesee 90
buy, cell and otherwise deaf iH gro
ceries, dry goods, boots and shoes
and general merchandise, and 20
carry on general advancing busi-
ness, for the purpose of advancing
supplies, ETC., and to own and ope-
rate cotton gin, to buy and sell
cotton, and to do any and all things
incidental to the purposes above
named; and generally to do any and
all things necessary to be done in
the furtherance of such objects and
purposes.
ARTICLE TIT.
The capital stock of this corpora
ton is hereby fixed and declared to
be the sum of twenty-five thousand
($25, 100000 and no-10O dollars, di-
vided into two hundred and fifty
(250) shares of one hundred dollars
{$IO000) each; said capital stock to
be paid for in cash or its equiva-
lent, but shall not be issued and
sold for less than its par value; this
corporation is authorized to COM
mence business whenever six thous-
and dollars of its capital stock shall
be subscribed and paid for in full.
ARTICLE Nv.
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 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;
4. D. Hatcher, vice president. A ma
jority of the stock shall elect the
directors, and in all elections or
proceedings of stockholders each
share Of stock present or represent
I'd by written proxy, shall be enti-
tied to one vote. Notice of all elec-
1 LlOuS vi HICCLIlSo vi otOChLoidCAn d
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 Y.
No stockholder shall be liable on
account of any obligation to this
corporation in any other sum han
1.-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 unpaid
| balance.
| ARTICLE vi.
This charter may be amended
Except as to the increasing or de-
creasing of its capital stock by a