The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1889-06-01
ARTICLE

horoby formed shall be and il hereby d.
f I;%;sn e b Monroe Hardware Company.
The corporation shall have Its domicil in
the city OF Monroe, In the parish OF Ouach-
tea. Louisiana, and shall have and enjoy
ffom and after the date hereof. unisss
sooner dissolved. It may have, hold. own.
acquire " purchase or otherwise, soil, oon-
n neSs s1tehanss; iss,ss. MORTGAGE and pledge
sonal and real, sue and be sued In its corpo-
is11 name, and may havo seal with such
a sasns and INSCRIPTIONS g may be deter
Prcsident Of this company, or In the event
OF his death, absence. or other inability or
incapacity, then the yice-prssitlent thereof
whom all citations or other legal proSs "a
shall 10 served or made.
ARTICLElT.
The objects and purposes for which this
corporation IL organised and the nature Of
by declared to be to do general hard are
business; to buy and sell for a profit All
such descriptions Of goods usually exposed
''f SAFE IN nl ARTicL h:r H. store
The capital stock Of this company ia
hereby declared to be the SUM or Twei,ty-
I'VE I've Thousand Dollars divided into Two
dollars each, payably In cash or It's equiva-
lent In real estate, merchandise, furniture
or fixtures, and at such time rs the board
or directors may require.
All transfers of stock shall be made only
on the books OF the company by tho stock
holder or his duly authorized agent or ut
torney In fhct.
ARTICLEIV.
The business and affairs OF this company
shall be transacted and managed 6y i
board OF three directors, through their OK
The officers of the company shalt be
three, viz:
A president, vicc:presilent and secre-
may, ut tho discretion Of the board OF III.
rectors. act as treasurer. The president,
vice. president and secretary arc each em.
powered to sign checks drafts noios ro-
ceipts or other obligations In settlement OF
debts due by or to the company.
Edwin II. Sublett, William G. Williams
| first hoard OF directors, with the snid Ed
Williams as vice. president and Frank l..
Buck rs secretary. They shall hold their
offices until tho first Monday in Nav 1850
or until their SUCCESSORS shall have boon
duly elected and qualified, subject to the
power which the board Of directors il here
Vacant and liinx the sse hy ans o ss
hereinafter provided.
| ARTICLEv.
! On the first Monday in May 1890 and
naidsrs ssa e h sag ~ tx.
place of business Of The COMPANY. for tho
purpose of electing u board of directors.
[ Prior to each meeting the president shall
| appoint two stockholders as inspectors OF
| election to receive and canvass the votes
cast at such elections and certify the result
| to him. The annual meetings herein
provided for shall also consider nll other
| matters pertaining to the interests OF
| the company. Each board of directors
! shall take their seats Immediately mfter
| their election and shall elect n president,
| vice president and secretary.
Written notice OF said annual meet
ings and elections shalt be mailed to tho
| address of every stockhoIder, not moro
| than thirty or less than ton DAYS prior to
said annual meetings. Said notice shall
| DO given by tho secretary and In the event
OF his absence death Or inability to act by
| any other officer of tho COMPANY,
The officers OF this company shall he
elected by ballot and q majority of the
! stock voted shall be necessary to elect to
any Office, and each share of stock shall I've
entitled to one vote In person or by proxy,
! ARTICLEY VI.
\ Two members of board OF directors shall
constitute quorum for tho transaction OF
all the business aud affairs OF tho cont
Pany and they may adopt such by laws
| rules and regulations for the government
Of tho company as they may doom proper
! ARTICLE VII.
| Special meetings of tho stock hollers
=, shall be held only in tho manner and un.
der tho restrictions provided In the by.
laws OF the company.
| ARTICLE VIII.
Il The president OF the company shall
preside AT all meetings ofthe stock holdori
and board OF directors. when practicable
shall exercise general supery ison auc
control over the affairs of tho company
and subject to tho approval of tho bonrt
| of directors shall prescribe nil ruteS for fh,