The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1889-05-11
NEW ADVERTISEMENTS.
CHARTER
-OF-
ONR0E HARDWARE COMPANY
STATE or LOUISIANA, PARISH OF
CCACiIiTIN.
MITED.

Fifth DiSiri Court ana Ex-Ohicio
Recorder and Notary Pnblic, within
state Of Lonisians, duly qualified, a,d
i'll the presence of The witnesses hereinafter
named and undersigned, personally came
and appeared the persons whose names are
hereunto subscribed, vino severaliy declar-
ed that awaiting themselves OF the provis-
'.ns OF act number ihirty-sx of tho Gensrat
2hh. lssS. as well as of those OF the general
..."S of this State relative TO the orsaniza-
ton OF corporations, they have formed x0d
onrsahiZeu and by these presents do form
themselves into and constitute corpora
tion Tor the objects and purposes aud under
the stipulations and agreements hereinafter
set forth, which they hereby adopt as their
charter, to-wit: ...>
ARTICLEI.
The nane and title of the corporation
hereby formed shall be and is lei eby de-
ciared to -, ''Monroe Hardware Company,
The corporation shall have its Lo,nicil in
tho city of Monroe, III the parish OF Onach-
ita, Louisiana. and shall have and enjoy
succession r.n,a $40, Tor period "ftwsnty- year.
sooner dissolved. 1t may have, hold, own,
acquire by purchase or Otherwise, soil, con-
vey, exchange, lease, mortgage and pledge
property. movable and iD,novabls, per-
sonai and real, sue and be sued in its corpo-
rate name, and may have q seal with such
device aud Inscriptions as may be. deter
mined on by the board OF directors. SThs
President Of this company or In the event
OF his death, absence, or other inabilitv or
!heapacity, then the vice president thereof
~ hereby designated AZ the person upon
whom all citations or other legal process
shall be served or made,
ARTICLE
The objects and purposes for which This
corporation is organized and the nat are or
The business to be- conducted by3it lre hare
by declared to be tn do q generai hardware
business; to buy and sell for u profit All
such descriptions of goods usually exposed
80 81 ItnnIN
, ARTICLE III.
The capita, stock OF This company is
hereby declared to be tho sum ofTwenty-
five Thousand Dollars divided into Two
| Hundred and Fifty shares of one hundred
dollars each, payahly in cash or its equiva-
lent !; in real estate, merchandise, iurn isure
| or fixtures, and at such time as the board
| OF directors may require.
All transfers OF stock shall be made ouly
on Tho books OF the company by tho stock
holder or his duly authorized agent Or at
! ARTICLE ". st5ssts
Tho business and affairs Of Ibis psny
shall be transacted and managed hy y
p"aru OF three directors, through lteir OK
| The officers of the company shall be
| three, viz:
| president, vice president and a secrs-
| 'arE. The vice-Fresiient or the secretary
| may, at The discretion OF the board OF I'll
recl"Is, act as treasurer. The president.
lce-pre:'ident and secretary are each en-
ceipts or other obigat ions in settlement, Of
debts due by or to the company.
i;awin ii. SuhIc:t, William &. Williams
and Frank l.: l:ucll shall cnnstiiu,. the
| iirst board OF directors, with the said r d.
YIN ~. S"b!ett as president. William, 4.
| W1tiiatns AS vice president aud Frank l..
| Buck as secretary. They shall hold their
| Offices until the first Monday in May 1890.
or uhtl Their Successors shalt have besu
| uh'E ele"tru ana qualified, subject to the
pow or which The board of directors. is hsrt
ny declared to have, Of declaring an, office
y vacant and filling The same bye-lsciion a.
| ARTICLE V.
On tho first Monday in May 1890 and
annualiS thereafter meeting OF the stock
| place Of business OF the connanv fnr ~
purpose OF oiecting board of directors
Pri"r TO each meeting the president shall
| appoint two stockholders us iuspecfor. nr
cast nj such elections and certify the result,
TO-, TO- Mn, rhs annual meetings herein
n, r"y,ued Tor shall ais, consider all other
! matters pertaining o-the Interests OF
tho company. Each board of directors
shall take thoir seats Immediately utt.r
. .i; election and shall elect q, president,
wee -i'tCSiuent and secretary.
. Written notice OF said annual meet
| tng| and elections shall be matted to the
, ,,,'; OF every stakeholder. not more
ihin thirty or less than ten DAYS prior to
sand annual meetings. Said itot leo shall
oc gwen ny me Secretary andin the event
OF ms absence death or inability to act by
any other officer of the com nny
the officers OF this company shall la
elected by ballot and n majority of ,ha
Stnti; vo led shall he necessary to e,e.t In
! amy office, and each share OF stock shall h..
emitted 10 ono vote IN person or l,y proxy
| ARTICLE VT.
Two members of board OF directors .h.u
| cohstftHta Il It"ruhi for the transaction of
all the business and affairs OF the com
| phny and they may adopt sttcf, by laws
| rules and regulations for The Roveru,,srt
OF Inc companras they may deem propsr
| \ LIE
! Special meetings of the stockhol1sr,
! shat! i've held only III the nanner and nm.
der the restrictions provided in tina nv
| laws Of the company.
ARTICLE VIII.
| inc president of the company. sh.l,
| rfrsttte az all meetings ofthe iockholt.,,
| and board OF directors. when prauicahla
| shall exercise general supervisor and
| control oFer tho affairs OF the company
and subject TO Tho approval of the boaid
| or directors shall prescribe all rules for the
! government! OF the officers and en,rieves of
! the company and shall execute a ma e!, torca
Tue rules, regulations and by-laws adopted
| by the hoard OF directors. lie is harshg
! vested with the authority tr make nui
| chas'cs and sales, to bind the COMPANY bv
| contract, TO hire and discharge empIoyas
| ana generally to conduct the business NJ
| the corporation.
| The vice president in case of the All
Senco or inability OF tho president shaft s;t
III bis stead ANA place and succt ed to his
| duties and powers. The dat les of the
secretary shall he defined in the bylaws.
! ru'' sand regulations "ttle company,
] ARTICLE lN.
Al the termination of this charter bv
| a. ts.t l,Nls .Nl1 ,hp.x