The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1889-05-04
NEW ADVERTISEMENTS.
CHARTER
OIL
MONROE HARDWARE COMPANY
STATE OF LOUISIANA, PARISH OF
OUACHlTA
..I4INITED,

DE II KNOWN THAT ON THIS. THE
- first day Of May, a. D. 1889. before me
Fifth District Court and Ex-Omcio
Recorder and Notary Public, within
and for the parish of Ouachita and
,sl ne Oh nf ,o Sn
named and undersigned, personally came
and appeared, the persons whose names are
hereunto subscribed, who severaiiy decisr-
ions OF act number thirty six Of the General
Assembly, session of 1858. approved June
Goth. 1855. as well as of those OF the general
hos ofthis State relative to the organizA-
ton of corporations, they have formed and
organized and by these presents DO form
themselves into and constitute a corpora
ton for the objects and purposes and under
the stipulations and agreements hereinafter
set forth, which they hereby adopt as their
charter, to-wit:
ARTICLE /.
The name and title of the corporation
hereby formed shall be and is hereby de-
clarea to Ia "Monrcc Hardware Company,
Luiied.'
The corporation shall have It's domicil in
tho city OF Monroe, in the parish of OnacA-
tia, Louisiana. and shall have and enjoy
succession for period OF twent " five years
from and aftor the date hereof unless
acquire by purchase or otherwise, sell. con-
vey, exchange, lease, mortgage and pledge
property: movable and imnovable, per-
sonal and real, sue and be sued in its corpo-
rate name, and may have u seal with such
device and inscriptions may he deter
mined on by the board of directors. The
OF his death. absence. or other inability or
incapacity, then the vico-president thereof
is hereby designated AS the person upo"
whom all citations other legal process
! shall be served or made.
| AR1ICLE1I.
| The objects and purposes for which this
| corporation is organized and the nature OF
the business to be conducted by il are here
] y
business; to buy and sell for a profit all
such descriptions of goods usually exposed
for sale in iirst-class hardware store.
| ARTICLE III.
! Tho capital stock OF this company Is
| hereby declared to be the sum offwenty-
| five Thousand Dollars divided into Two
dollars each. payably III cash or its eqniva-
! lent in real estate, merchandise, furniture
| or fixtures, and at such time as the hoard
| Of directors may require.
All transfers otstocE shall be made only
on the books OF the company by the stock
holder or his duly authorized agent or at
ARTICLE IN.
The business and affairs of this company
shall be transacted and managed iy u
board of three directors, through their ex-
ecutive officers.
Tho officers of tho company shall he
three, viz:
Apresilent, vice-president and Il secre-
tary. Tho vice-presdent or tho secretary
may, nj tho discretion of The board OF di
rectors, act AS treasurer. The president,
yice-prcsidcnt and secretary are each en-
ceipts or other obligations in settlement OF
debls due by or to the company.
Edwin II. Sublett, William G. Williams
and Frank L.: Buck shall constitute the
first board Of directors, with the said Fd-
win II. Subiett as president. William &.
Williams as vice-president and Frank l..
Offices until the first Monday in May, 1890,
or until their SUCCESSORS shall have besn
duly elected and qualified. subject 10 the
pow er which the board of directors is here
by declared to have, of declaring ant Office
vacant and filling tho same l'y election as
hereinafter provided.
ARTICLEV.
On the first Monday in May 1890 and
! annually thereafter meeting OF the stock
holders ofthe company shall hc held at the
place of business of the company, for the
purpose OF eloCting Il board OF directors
Prior 10 each meeting the president shall
appoint two stockholders as inspectors OF
election;" receive and canvass the votes
cast Il, sI'c:, elections and certify he result
J TO him. The annual meetings herein
provided for shall also consider all other
matters ma psr!a'ning to III" Interests of
shall take their seats Immediately after
their election and shall elect IL president,
vice president and secretary.
+ Written notice Of said annual meet
inss ANA elections shall be mailed to tho
address of every stockholder. not more
thnn thirty or less than ten days prior to
he given by the secretary and IN the even,
of his absence death or inability 10 net !.y
any other officer Of the company.
| The officers of this company shall TIA
elected by ballot and majority of the
, stock voted shall no necessary 10 eject 10
any office, and each share OF stock shall i,s
entitled to one vote in person or 10y proxy
AErtCLENl.
: Two members of board OF directors shall
constitute quorum for tho transac! ion ct
all tho business and affairs of the com
SSJ.t, t.x- l,.,..
, rules and regulations for the government
, OF tho CompanyaI thoy may deem, Droper
: ARTICLE vii.
Special meetings of the StOck holders
/. shall he held only III the manner and IN
der the restrictions proy;iicl in the bv-
, laws Of The company.
ARTICLE WILL
Tho president OF the company shall
preside al all meetings of The Stockholders
and board OF directors. when prn,t irat,r.
shall exercise Il general supervision and
= control over tho affairs OF the conpauy
and subject to the approval OF the 6oati
of directors shall prescribe all rules for hs
government of the officers and eniployes ar
the company and shall eXcrni o and entorts
the rules, regulations and hy-laws adopt ed
by tho board OF directors. He is herebx
vested with the authority to make p,,r-
chaScs and sales to bind the cpmpanv by
contract, to hire and discharge employe,
and generally to conduct the business OF
the corporation.
The vce-prcsident in case of the ALI
sence or inability of the president shall Act
III his stead and place aud SEcct ed to his
duties and powers. The duties Of the
secretary shall be defined in the bylaws
rul' $ and regulations ofthe company.