The Caucasian., 1913-12-07
CHARTER
of the ThWeatt q Ntln0 VompM,
2.imiteGE


The State Of Louisiana, Parish OF
Caddo: Before me, Orrin dickson, .
notary public in and for the state OF
Louisiana and in the Parish OF DAD
do. duly commissioner ana sworn
on this day came and appeared the
several persons whose name are
i,ereunto subscribed, who declared
to me that they do hereby form
themselves into corporation under
fhe laws of the State Of Louisiana
ander the stipulations hereinafter
et out, to-wit:
ARTICLI.T
The name and style OF this cor
poration is hereby declared 70 be
ThWeatt & Dunn Company Limited
it shall have the right to enjoy sue
Aession foe ninety-nine years, with
fhe right to- contract, sue and be
sued; and to hold, purchase, lease
sell and hypothecate property, rea
and personal; its domicile shall be
in the town of Greenwood, CaddG
Parish, 1a., and all citation and
other legal process shall be made or
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 nature
of the business to be carried on by
it are declared to be to carry on a
general retail dry goods, groceries
and mercantile business; to buy, sci
and otherwise deal in groceries, dry
goods. boots and shoes and genera
merchandise, and to carry on gen.
eral advancing business for the pur-
pose of advancing supplies, etc., ano
to do any and all things incidental
to the purposes named above; and
generally to do any and all things
necessary to be done in the further
ance of such objects and purposes.
ARTICLE III.
The capital stock Of this corpora
tion is hereby fixed and declared to
be the sum of twenty-five thousand
and no-iOO dollars 1926, 100000, di-
yided into two hundred and fifty
$3.50 shares of one hundred $500
dollars each; said capital stock to
be paid for in cash or its equivalent
but shall not be issued and sold for
less than its par value; this corpor-
alton is authorized to commence
business whenever three thousand
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 board
0f directors consisting of three
stockholders, who shall be annually
elected on the first Tuesday in jan
uary.g The first board of directors
Is hereby declared to be I. R.
Thweatt, A. j. Scott and B. M. Dunn,
who shall serve until the first Tues
day in January 1916, or until their
successors are elected and qualified
The officers of this corporation shall
be a president, vice president and
secretary-tr treasurer; and the first
officers of said company are hereby
declared to bel. r. Thweatt, presi-
dent; A. J. Scott, vice president, and
b. M. Dunn, secretary treasurer. A
majority of the stock shall elect the
directors, and in all elections or
proceedings of stockholders each
share of stock present or repre-
sented by written proxy shah be en-
titled to one vote. Notice of all cleo
fiOns 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 st0ckhOlder 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 nor any infor-
mality in organization shall have
the effect of rendering this charter
null or of exposing any stockholder
10 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.
two-third vote Of stock, represented
at meeting of the stockholders con-
vened for such purpose, after ten
days written notice as above pro-
yided. Whenever this corporation Isl
dissolved, by limitation or other
wise, its affairs shall be liquidated
by three commissioners, elected at
sffck hoIdnrS nnnfiDp who shall