The Caucasian., 1913-11-04
CHARTER
q Gle ElOurnOy Mercantile Com.
pany.

The state of Louisiana, Parish OF
Caddo Before me, f. b. Herndon
.jr., notary public in and for the
Stale of Louisiana and the Parish
OF taddo, duly commissioned and
sworn. on this day came and ap-
peared the several persons whose
names are hereuntO subscribed, who
declared to me that they do hereby
form themselves into corporation
under the laws of the State OF
Louisiana, under the stipulalions
hereinafter set out, tO-wit:
ARTICLE |.
The name and style of this core
poration is hereby declared to be
SFiournoy Mercantile Company; ii
shall have he right to enjoy sue
cession for ninety-nine years, with
the right to contract, sue and be
sued, and to hold, purchase, lease,
sell and hypothecate property, real
and personal; its dOmicile shall be
at The Station Flournoy, Caddo Par
ish, Louisiana, and all citation and
other legal process shall be made on
its president or in his absence at
the Office of the company according
to law.
ARTICLE II.
The objects for which this cor
poratiOn is organized and the ma
lure of the business to be carried
on by it are declared to be to carry
on a general retail dry goods, gro
Gerry and mercantile business, :o1
buy, sell and otherwise deal in gro
ceries, dry goods, boots and shoes
and general merchandise, and to-
carry on a general advancing busi-l
ness, for the purpose of advancing
supplies. etc, and to own and ope-
rate a 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 III.
The capital stock of this corpora
lion is hereby fixed and declared to
be the sum of twenty-five thousand
| 1925 100000 and no-iO0 dollars. di-
vided into two hundred and fifty
| 25Gl shares of one hundred dollars
$4,000 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 ~
The corporate powers of this cor
poration shall be vested in 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. 6. Flour
noy, A. ID. Hatcher andL. 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;
A. ID. Hatcher, vice president. A ma
! iority of The stock shall elect the
directors, and in all elections or
proceedings of stockholders each
share of stock present or. represent
ed by written proxy, shall be entl-
| tied to one vote. Notice Of all elec-s
tions or meetings Of stockholders
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