The Caucasian. (Shreveport, La.) 1900-192?, 1913-06-12
CHARTER
OF kirsch'S.

L
State of Louisiana, Parish Of Cad
do: Before me, the undersigned au-
thority, came and appeared the par
ties whose names are hereunto sub
scribed, who declared to me that
they do hereby form themselves in
to a corporation under the name and
style and for the objects and pur-
poses and under the conditions and
stipulations as hereinafter set out,
ltO-Wit:
ARTICLE |.
The name and style of this cor
poration is hereby declared to be
"kirsch's," and under said name and
style it shall have the right to enjoy
succession for period of ninety
nine (99) years, with the right to
contract, sue and be sued, and to
hold, purchase, lease, sell and hy-
pothecate property, real and per-
sonal. The domicile of the corpora
lion shall be in the City Of Shreve-
port, where all legal process shall be
served in the manner provided by
law. ARTICLE II.
The objects for which this cor
poration is organized and the ma
ture of the business to be carried on
by it are hereby declared to be to
conduct in the City of Shreveport
OF elsewhere a general mercantile
business, and to this end it shall
have the right to purchase and sell
merchandise of any kind, and in
general to do and perform every act
necessary or incidental for the pur-
poses for which this corporation is
organized.
ARTICLE III.
The capital stock of this corpor-
alton is hereby fixed in the sum of
fifty thousand ($5O,OOO.0O) dollars,
divided into five hundred shares Of
the par value of one hundred doll
lars each; and said corporation is
authorized to commence business
whenever fifty shares of its capital
stock is subscribed and paid for in
full; which said subscription may
be paid either in cash or its eQuiva-
lent, at the discretion of it's board Of
directors.
ARTICLE w.
The corporate powers of this cor
poration shall be vested in board
of directors to consist of not less
than three nor more than five stock
holders, who shall be elected an
nually on the first Monday in July
of each year, beginning with the
year 1914. Until its successors are
elected and qualified, the board of
directors is hereby declared to be
E. Phelps ST., Martin Kirsch and B.
A. Phelps, and the said board shall
have authority to elect at their dis
erection two additional members of
said board. The majority of the
| board, as at the time constituted,
shall constitute quorum for the
purpose of the transaction of bust
ness. The officers of the company
shall be elected by the directors an
nually, beginning with the first
Monday in July 1914; and until such
date the officers are declared to be
E. Phelps ST., president; Martin
Kirsch, vice president; and B. A.
Phelps, secretary-treasurer. At all
meetings of stockholders the ma
jority of stock shall elect the direc-
tors, and in all elections or proceed
ings of stockholders each share of
stock shall be entitled to one vote.
Notice of all elections or meetings
of stockholders shall be advertised
ten days in public newspaper
published in the City of Shreveport.
ARTICLE v.
No stakeholder shall be liable on
account of any obligation to this
corporation in any other sum than
the amount of unpaid balance due
by him on stock subscribed for. No
irregularity nor any informally in
organization shall have the effect of
rendering this charter null or of ex-
posing any stakeholder to any liza
bility beyond such unpaid balance.
ARTICLE vi.
This charter may be amended lex
cept as to increasing or decreasing
its capital stock by a two-thirds
vote of stock represented at meet
ing of the stockholders convened
for such purpose, after ten days
previous notice by publication in
any of the newspapers of the City
of Shreveport, La. Whenever this
corporation is dissolved by limita-
ton or otherwise, its affairs shall be
liquidated by three commissioners
elected at stockholders meeting,
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