The Caucasian., 1913-08-12
CHARTER
OF the Troy Laundry.

second dav of the month OF Angus
| in the wear one thousand nine hun
dred and thirteen, before me, Ed
ward Barnett, a notary pubic II
and for the Parish and State afore-
said. duly commissioned and quail
fled. and in the presence OF the Wit
lnesses hereinafter named and un-
dersigned, personally came and APP
peared Joseph Artale, Frank G. An
drcws. Arthur RosenWald, all three
= of whom are residents of the State
tand Parish aforesaid, who declared
that. availing themselves of the pro-
visions of the laws Of the State OF
Louisiana relative to corporations
thew have covenanted and agreed
and by these presents covenant and
agree. and bind themselves, as well
as such other persons as may here
after become associated with them
to form and constitute a corpora
ton and body polite in law, for the
uses, purposes and objects, and un-
der the stipulations, articles and
conditions following, to-Wit:
ARTICLE 7.
| The name and title of the said
corporation shall be Troy Laundry,
and its domicile is hereby estab-
lished in the City of Shreveport,
State of Louisiana; and under its
said corporate name said corpora
ton shall have power and authority
to contract; sue and be sued; to
make and use a corporate seal, and
the same to break and alter at
pleasure; to hold, receive, have,
purchase, improve, ALLEVIATE, convey,
sell, borrow, pledge, mortgage and
| hypothecate, under its said corpor-
ate name, property, real, personal
| and mixed; to name and appoint
such officers, directors, agents and
| managers or employees as the inter
est or convenience Of the said cor
poration may require; to make and
establish bylaws, rules and regula-
tions as may be deemed necessary
and proper, and the same to change
and alter at pleasure; and to do ali
other acts and things permitted by
law, as shall be necessary and
proper to carry out the objects and
purposes Of the said corporation.
Said corporation, unless sooner dis
solved in accordance with its char
ter, shall exist and continue for a
period of ninetyznine years from
and after the date hereof. The pres
ident, or in his absence the vice
president, shall be the proper per-
son upon whom citation or other
legal process shall be served. g y
ARTICLE II.
The objects and purposes for
which this corporation is organized
and The nature of the business to be
carried on by it, are the following,
to-wit: To conduct and operate IN
the City of Shreveport, La, and al
such other places in the State OF
Louisiana and elsewhere as the
| board of directors may see fit, a
laundry and dry cleaning establish
ment, to be operated by steam, cleo
trio or such other power as to the
said board Of directors may seem
proper and advisable; and in gen.
eral to do and perform and carry
on such other lines of business as
are usually handled in connection
with a laundry and dry cleaning
| establishment.
ARTICLE III.
The capital stock of the said cor
poration shall be the sum OF ten
| thousand dollars, divided into one
hundred shares of the par value OF
one hundred dollars each, which
said stock shall be paid for in cash,
or the same may be issued at not
less than par in payment or ex-
change for property or rights actu-
ally received or purchased by said
corporation, or the same may be is
sued full paid for money advanced
and for such other valuable consid-
erations or services as the board OF
directors of said corporation may
determine; provided that no stock
shall be issued until the considera-
ton therefor has been received by
the said corporation. This corpora
tion shall commence doing business
as soon as three thousand dollars
of the capital stock shall have been
subscribed. The board Of directors
shall have the right to determine
how much stock Shall be issued.
| ARTICLE ".
The corporate powers Of this cor
poration shall be vested in and ex-
ercised by board of three direc-
tors, two of whom shall constitute
a quorum for the transaction OF
business, and their decisions shall