The Caldwell watchman. (Columbia, La.) 1885-1946, 1915-03-26
CHARTER OF
Ferguson Brothers & Com
pany Limited

that on the 23rd day OF Febru
airy 1915, before me- the under
signed authority personaIIycam
and appeared the persons who's
names are AereuntO subscribed
and who declared that, ay%'iir'
themselves of the constitution
and laws Of the State Of louisa
ma relative to the organization
Of corporations, they have, an,
do these present form themsel
yes, and such others as ma,
hereafter become associated
with them, into a corporation
under the terms and condition!
and subject to the stipulation!
and restrictions hereinafter Sc
forth, and they further declare
that they do hereby adopt, make
and constitute this their charter
Article |
The name Of this corporation
is and shall be the Ferguson
Brothers & Company Limited
and under its corporate name il
shall exist for a period of thirty
years, unless sooner dissolved
pursuant to the laws of the State
of Louisiana, and in the manner
hereinafter set forth.
Article II
The domicile of this corpora
ton shall be and is hereby de-
clared to be at the town of Gray
son, in the Parish Of Caldwell
and State of Louisiana.
Article III
The business of and the OBJ
jects and purposes for which
this corporation is organized is
declared to be the conducting
and operation Of a store for the
sale by retail of articles of mer-
chandise of every kind and char
acter and to own, holG, buy and
sell real estate, both rural and
to own, hold, buy and
sell all species of live stock and
personal property, and to own,
hold, buy and sell all classes of
negotiable paper, bonds and
mortgages, ard to own, hold
and keep for lease or hire teams
and vehicles, as well as motor
machines, cars and We
1icles.
Article "
The capital stock of this cor
)oration is hereby fixed at the
um of five thousand dollars, to
,e divided into 1--WE hundred
hares Of the par value of ten
lollars each, the said stock to be
'aid for in cash by the subscrib-
r, or in such property, real and
as may be useful toI
he corporation, provided that
10 shares of stock shall be paid
or IN such property I'm
ess the board Of directors of
aid corporation shall be 50 de-
ided, and in shat event the
rice of the SAID property shall
'e fixed by the said board of d.
ectors, or said shares of stock
nay be paid for by the subscrib-
r in such work or labor as the
ubscriber may do or perform
or the said corporation, at such |
rice per day, week, month or
ear as may be agreed upon be-
ween him and the board of d.
ectors hereinafter provided for. |
md each certificate of stock |
hall be in such form as the
oard of directors hereinafter
rovided for may elect.
Article V
This corporation shall be and
hereby vested with all the
overs granted to corporations
f this kind under the laws of !
he State of Louisiana, and in it's
name it is authorized
sue and be sued
Article VI
The affairs OF this corporation
hall be managed and co...ol,L
y a board of five directors, and
he first board shall be compos-
d Of E. S. Ferguson, w. A. !
'erguson, G. B. Ferguson, J. S.
'erguson and j. B. Robinson,
nd of which first board Ct I'll.
ectors, E, S. Ferguson shall bc
W. A. Ferguson, vice
resident and G. B. Ferguson,
ecretary- treasurer. All legal
recess shall be made upon the
resident. and in his absence on
he vice president, and in case
t the absence of both the pres
lent and vice president, on the
ecretary-treasury at the domi-
lie of the corporation or at it's
lace of business. and said off.