The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1917-04-05
Charter
The Plain Dealing Mercan-
tile Company, Limited.

State of Louisiana, Be it known, That
Parish Of Bossier. ! on this, the 18th
day of February, 1917, before me,
M. S. Bolinger, o Notary Public in
and for Bossier Parish, Louisiana,
duly commissioned and qualified,
came and appeared the persons whose
names are hereunto subscribed, who
severally declare that, availing them
selves of the laws of the State Of
Louisiana relative to the formation of
corporations, and adopt the follow
ing articles as the Charter to govern
themselves, and others as may be-
come associated with them, or sue
coed them in business.
ARTICLE 1.
The name and title of said corpora
ton shall be THE PLAIN DEALING MER-
CAMILLE COMPANY, Limited.
ARTICLE II.
The domicile is declared to be in
the town of Plain Dealing, La.
ARTICLE III.
The duration of this corporation
shall be fer twenty-five years from
this day.
ARTICLE w..
Inc fjCSe Oh tIllS lS
declared to be to buy and sell general
merchandise, to own, buy and sell
real estate, buv and sell personal
property. machinery. farm imple-
ments, and automobiles, and to do
any and all thinos connected with
the above lines of business.
ARTICLE V.
All citations and legal processes
shall be served on the President, and.
in his absence on the Vice President
or Secretary-Treasurer.
ARTICLE vi.
The capital stock of the corpora
ton is authorized at Fifteen Thous-
!, and (S15, 000.00) Dollars, divided in
to 15U shares of One Hundred
lS100.0G) Dollars each, which shall
be paid in cash to the corporation.
The corporation can begin business
as soon as Seven Thousand, Five
Hundred (s7,50O.00) Dollars has
been subscribed and paid in to the
corporation.
NO certificate of stock shall be
Issued before it is fully paid for in
cash or property actually paid into
the corporation ct such time and
place as the Board Of Directors shall
direct.
All stock shall be common stock,
and al not sold shall remain as
treasury stock.
ARTICLE VII.
The affairs of the corporation shall
be under Board Of Directors COM
posed Of five stockholders. The di.
rectors to be elected annually at q
regular meeting called for this pur.
Eose, to be held at the office of SAID
corporation Gu the second Saturday
OF January of each year, aften ten
days legal notice has been given ia
all the stockholders, in writing.
Until the iirstl regular meeting
the following shall be the Board OF
Directors: G. t. Mays, DR.. T. N
Keoun, r. r. Cheshire, L. C. Keoun
and M. N. Wingett.
ARTICLE VIII.
The officers of the corporation
shall be President, Vice President
and Secretary-Treasurer, to be elect
ed annually at regular meeting Of
the Beard OF Directors on the sec
ond Saturday of January of eacl
year. Until the first election, thu
following shall be the officers: G
T. Mays, President; R. R. Cheshire
Vicepresident, and NJ. N. Wingett
Secretary-T Treasurer, who shall serve
until their successors are elected.
ARTICLE TX.
No. stakeholder of the corporation
shall ever be held liable or response
bic for the faults or contracts thereo
in any further sum than any unpai,
balance on the stock subscribed TO
Or owned by him, nor shall any in
fcrmalty III organization have the eff
feet of rendering the charter null an,
void or of exposing any stockholde
to any liability beyond the unpai,
balance on stock to tbs corporation
ARTICLE X.
Whenever this corporation is dis
solved by limitation or otherwise, tn
affairs shall be liquidated by boar,
to be elected for that purpose by tn
stockholders at meeting called TO
this purpose. In case of death o
failure to act of any one or more o
the liquidators, the remaining one
shall select some ore from the stock
holders to fill the vacancy.
When the liquidators shall hav
performed their duties, they shall
prepare statement of the affairs 0
the business, and be sent to all tn
stockholders, and they ask to be re
l;eved ct the work.
This done and signed in my office
in the Parish of Bossier, in the pres
erce Of the subscribing witnesses,
r. Garrett and j. D. Wilson, on this
the 26th day of February, 1917.
G. T. MAYS.
r. r. CHESHIRE (by G. T. Mays
T. N. KEoUN.
L. G. KEoUN.
M. N. WINGETT.
Witnesses:
F. r. GARRETT.
J. d. WILSON.
M. S. BoLlNGER, Notary Public
Ednorsed-Filed for record March
1917, at II o'clock am.