The Caucasian., 1913-11-25
lHARTE1
O che CisGnoy MercousOe Gem
D0ny.

Lau10. before me, e.. ~. Noi hs',
Jr.. notary public on anA Sor ane
State of I.ouisiano snA sbe Parish
of CadAo. duls commissioned end
sworn. on lhis dag came enc or-
peared The several persons ~hose
names ore hereunto subscribe6. wbo
declared TO me that they 40 hevebs
form themselves into . corporation
under The laws of the SvSte @Y
Louisiana, under che aipuls'ions
hereinafter set out. to-wNc
ARTICLE O.
The name and style ~ tAio COZ
poration is hereby jeclareA O. De
Flournoy Mercaa,tile G:oaspaas: d
shall have the right to onioy eue-
cession for ainety-nine scare, ~dA
The right to. contract, sue end be
sued. and to bold. purchase, ieases
sell and hypolhecate propertg, ssal
and personal: its domiciie ahaN De
at the station FIlourno., CaNdo Sas-
|sh, g.ouisiano, snA oil oisatioe sSd
|other legal process shall oe o1ade an
ito president ,Or On Aie absence u
the oMcao az ehs eomDsps eceo1diae
To 'awo
aRylClE %.
The esslecte Sor ahicb erie eNs.
poratioD is organized and che ma
tule OF the business TO be carried
on 10y 10 ore declared to be to carry
on Q general retail dry goods, gro
Gerry and mercantile business. 10
buy, sell and otherwise deal in gro
|ceries, dIs goods, boots and shoes
land general merchandise, and TO
carrs on general advancing busl-
ness, for The purpose OF advancing
supplies, etc. and to own and ope-
rate a cotton gin, to buy and sell
cotton, and 10 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
pnrposes.
ARTICLE III.
The capital stock of this corpora
ton 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
| (25O) shares of one hundred dollars
| 10000 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; tl7it
| corporation is authorized 10 COM
menco business whenever siS thous-
and dollars of IFS capital stock shall
lt oubscribed ana paid for in full
ARTICLE TV.
phe corporate powers OF this cor
poration shall be vested in boart
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. q. Flour
lnoy, A. ID. Hatcher and l.. NJ. Flour
noy. who shall serve until The f1rs'
TUESDAY in January Of 1916. or unit
Their successors are elected and
qualified. The officers Of this cor
poration shalt be a president, vic'
lpresident aud secretary-treasurer
land the first officers Of said com.
lpany are declared to be A. 6. Flour.
noy, president, secretary-treaslref
Ia. D. Hatcher, vice president A Ha'
jority of the stock shall elect IN
directors, and in all electionAl o
proceedings of stockholders eacl
share of stock present or represent
ed by written proxy, shall be enti
tied to one vote. Notice Of all cleo
lions or meetings of stockholtef
shall be given by written notice B
each stakeholder ten days befof
such election or meeting Of stock
holders; directors shall be chosen a
the office of the company.
ARTICLE.
No stakeholder shall be liable
Iaccount of any obligation TO tn
corporation lin any other sum tha
The amount OF The unpaid balanc
due by him on stock subscribed 10
e land no irreguIarity or any infoi
r mality in organization shall ha,
1.-THE effect of rendering this eharts
null or of exposing any stockhold'
to any liability beyond such unpa
balance.
ARTICLE VI.
This charter may be amend'
Except as to the increasing or d
creasing Of its capital stock by
llwo-thrds vote of the stock fepr
sented al meeting Of the stool
holders convened for such purpo
after len days written notice
above prescribed. Whenever u
corporation is dissolved by limit
ton or otherwise, its affairs shall
]. Iliquidaied by three commissions