The Caucasian. (Shreveport, La.) 1900-192?, 1907-12-05

themselves. as we'll as such other per-
sons as may hereafter become assoclat-
ed with them, to form and constitute a
corporation and body polite i'll law, for
the purposes and objects, and under the
stipuations, articles and conditions fol-
| lowing, to-wit:
ARTICLE |.
| The name and title of the said cor
poration shall be the THOMAS
| DAVIDSON-OGILVIE HARDWARE
COMPANY, and its iomicile is hereby
Established in Shreveport, State of
Louisiana; and under its said corporate
name said corporation shall have the
power and authority to contract, sue and
be sued; to make and use corporate
seal and the same to break and alter at
pleasure; to hold, receive, have, pur-
chase, improve, ALLEVIATE, convey, sell
borrow, pledge, mortgage and hypothe-
cate under its said corporate name,
property, real, personal and mixed; to
name and appoint such officers, direc-
tors, agents, managers and employees as
the interest or convenience of said cor
poration may require; to make and es-
tablish bylaws, rules and regulations
for the proper management and regula-
ton of its affairs, as may be deemed
necessary and proper, and the same to
change and alter at pleasure; AMI to dc
lall other acts and things permitted by
llaw, or as shall be necessary and proper
to carry out the objects and purposes
of said corporation.
Said corporation, unless sooner dis
solved in accordance with its charter
shall exist and continue for period Of
ninety mine years from and after the
date hereof.
The president, or in his absence the
vice president or secretary, shall be the
proper person upon whom citation OF
other legal process shall be served.
| ARTICLE II.
The objects and purposes for which
this corporation is organized, and the
nature of the business to be carried Or
by it, are declared to be the following
to-wit: To conduct a general hardware
and mill supply business; to buy and
sell, in such quantities as said corpora
ton may see fit, any and all articles
which are classed under the genera
headings of hardware and mill supplies
as we'll as such other articles of COM
MERGE as the interests or convenience Of
the corporation may require; also te
manufacture such articles as may be de-
termined by the board of directors.
| ARTICLE III.
The capital stock of sal corporation
tshall be one hundred thousand dollars
divided into and represented ty one
thousand shares of the sum of one hun
dred dollars each, which said stock shall
be paid for in cash at the time of sub
scription, or the same may be issued, al
not less than par, in payment or ex-
lchange for property or rights actually
received Or purchased by said corpora
tion, or the same may be issued, full
|paid, for money advanced, and for such
other valuable consi CREATIONS or serv-
ices as the board ca directors of said
corporation may determine; provided,
that no stock shall be issued until the
consideration therefor has been re-
ceived by the said corporation.
Any stakeholder may SELL assign or
transfer his stock in this corporation,
provided thirty (3o) days prior notice
of such intention be given the corpora
ton, and the other stockholders thereof
shall have the first privilege of purchas-
ing same, after which thirty days notice
such stock may be sold in open market.
The stock may be transferred under the
above conditions, provi ed such trans
fer thereof be made on the books of the
corporation at its office in Shreveport,
La, and on surrender of the certificates
thereof. No transfer of any fractional
part of a share shall be made.
This corporation shall commence do
ing business as soon as seventy-five
thousand dollars ($75,ooo) of the CAPT
tai stock shall have been subscribed for
| The board of directors shall have the
| right to determine how much stock shall
be issued
ARTICLE ".
The corporate powers of this company
| shall be vested in and exercised by a
board of five 60 directors, consisting
of the president, the vice president, the
secretary and treasurer and two other
stockholders. Three of said board shall
constitute quorum for the transaction
of business, and their decisions shall be
valid corporate acts.
The following persons shall constitute
the first board of directors: E. A.
Thomas, who shall be president of the
corporation; R. J. Ogilvie, who shall