The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1917-04-12
Cha rter
The Plain Dealing Mercan-
tile Company, Limited.

Stale of Louisiana, Be it known, That
Parish of Bossier. on this, the 26th
day of February, 1917, before me,
M. S. Bolingcr, o Notary Public in
and for Bosgicr Parish, Louisiana,
duly commissioned and qualified,
came and appeared the persons whose
rames are iereunto 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 I.
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 for twenty-five years from
this day.
The purpose of this corporation is
declared to be to buy and sell general
merchandise, to own, buy and sell
real estate, buv and sell personal
property, machinery. farm nipple
ments, and automobiles, and to do
any end ell things connected with
the above lines Of business.
ARTICLEv
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 ($15, J00.00) Dollars, divided in
TO l5o shares of One Hundred
($i00.0C) Dollars each, which shall
be paid in cash to the corporation
The corporation can begin bushes:
as soon as Seven Thousand, Five
hundred (S7,50O.00) Dollars ha!
been subscribed and paid in to thu
corporation.
No certificate of stock shall b,
issued before it is fully paid for il
cash or property actually paid int
the corporation at such time ant
place as the Board of Directors shall
direct.
Al stock shall be common stock
and al not sold shall remain a
treasury stock.
ARTICLE VII.
The affairs of the corporation shal
be under Board Of Directors com
posed OF five stockholders. The di
lectors to be elected annually at
regular meeting called for this pur
rose, to be held at the office of sal
Ic.p ration CT the second Saturda
of January of each year, aften tel
days legal notice has been given t
all the stockholders, in writing.
Until the first regular meeting
the following shall be the Board o
Directors: G. T. Mays, DR.. T. n
Keoun, R. R. Cheshire, L. C. Keou
end M. N. Wingett.
ARTICLE VIII.
The officers of the corporatio
shall be President, Vice President
and Secretary Treasurer, to be cleo
cd annually at regular meeting 9
the Board Of Directors on the Sc,
year. Until the first election, tn
following shall be the officers: {
I. Mays, President; r. r. Cheshire
Vicepresident, and M. N. Winget
Secretary-Treasurer, who shall sery
until their successors are elected.
ARTICLE TX.
No stakeholder of the corporate
shall ever be held liable or respOns
BILE for the faults or contracts thereG
in any further sum than any unpai
balance on the stock subscribed fl
or owned by him, nor shall any il
formally IN organization have the e
feet of rendering the charter null ar
void or of exposing any stockhold,
to any liability beyond the unpa
balance on stock to the corporation
ARTICLE X.
Whenever this corporation is di
solved by limitation or otherwise, Il
affairs shall be iquidated by boal
to be elected for that purpose by tt
stockholders at a meeting called f,
this purpose. In case of death
failure to act of any one or more
the liquidators, the remaining on
shall select some one from the stoc
holders to fill the vacancy.
When the hquidators shall ha1
performed their duties, they shs
prepare statement of the affairs
the business, and be sent to all tt
stockholders, end they ask to be r
lieved of the work.
This done and signed in my offic
in the Parish of Bossier, in the pre-
ence of the subscribing witnesses,
r. Garrett and j. D. Wilson, on thi
the 26th day of February, 1917.
G.. T. MAYS.
r. r. CHESHIRE (by G. T. May
T. N. KEouN.
L. G.. KEoUN.
M. N. WINGETT.
Witnesses:
F. r. GARRETT.
J. d. WILSON.
M. s. BoLINGER, Notary Publ
Ednorsed-Filed for record March
1917, at ii o'clock am.
JAS. M. HENDERSON,
Clerk ond cr-o6icio Recorder.
State Of Louisiana, l hereby certi
RuTish of Booster. that the above al
foregoing is true and correct copy
ont Akn ~n.~an -.