The southern sentinel. (Winnfield, La.) 1883-1910, 1907-01-11
ACT OF INCORPORATION
of the Peoples Hardware and Fur
niture Company, Limited


State of Louisiana
Parish of Winn.
Be ii known and remembered that on the 18th
day of December, One Thousand, Nine Hum
dred and Six, before me John II. Mathews, a
Notary Public, duly commissioned and quail
flied in and ror the Parish of winn, State of
louisiana and in sAe presence of the under
signed legal witnesses, personally came and
appeared the persons whose names are here
unto subscribed, who severally declared that
availing themselves of the laws of Louisiana
relative to corporations, they have covenanted
and agreed, and by these presents do covenant
and agree and form themselves into a corpo-
the stipulations and agreements hereinafter
set forth and expressed, which they hereby
adopt rs their charter. to wit:
ARTICLE T.
The nkme and title Of this corporation shall
be .The Peoples Hardware and Furniture Com
peny. Limited and under its corporate name
it shall have power and authority to continue
and exist for period OF ninety-nine years
from the date hereof; to contract; sue and be
sued; to make and use q corporate seal and the
same to break or alter Mt pleasure; to hold,
lease. receive, purchase, convey, ALLEVIATE
borrow, pledge. mortgage and hypothecate
under its corporate name property real per-
sonai and mixed; to name and appoint such
officers, directors, managers agents and en-
ployees a. the interest and convenience Of
said corporation mry require; to make and use
such bylaws, rules and regulations for the
proper management Of its affairs as may be
deemed necessary and proper and the same to
reasonably change At pleasure; and to do all
other acts and things permitted by law or such
- may be necessary and proper to carry out
the objects and purposes for which this cor
porxtion il organized.
ARrrcLE ..
hereby fixed and established at winnheld,
Winn Parish, Louisiana The presinent or in
his absence the vice president, shall be the
officers upon whom all citation and legal
process shall be served. The officers of this
corporation shall be president, vice-pres-
ident, secretary and treasurer, but the Offices
Of secretary and treasurer may be filed by one
and the same person. Said officers shall be
stockholders in said corporation and shall be
elected annu.lly by the board Of directors,
and shall serve until their successors are
elected; however, said officers shall be subject
to removal At any time by the board OF
directors for good cause shown.
ARTICLE 3.
The objects and purposes for which this cor
poration Ii organized and the business 70 be
carried on by it are declared to be the follow
ing, to-wit: to carry on . general mercantile
business, to buy and sell goods, wares and
merchandise OF every kind and character, sucu
- hardware, furniture, mill supplies and such
other merchandise as the company shall see
ht to handle from time to time and everything
incident TO general mercantile business.
ARTICLE 4
The capital stock Of this corporation shall be
Fifty Thousand Dollars, divided into and
by Five Hundred shares Of One
Hundred Dollars each, and a. soon - 6fty
shares have beed subscribed for this corpora
ton i authorized 70 begin business.
ARTICLE s.
The corporate powers Of this corporation
IhAll be vested IN board OF directors to be
romposed of seven persons all OF whom must
Be stockholders in said corporation, q majority |
u whom shsIl constitute quorum The
Itockholders shall hold regular annual meet
lngz, the time for which shall be fixed BY the |
6y-lANs Of said corporation At these said |
annual meetings the stockholders shall trans
vt any business coming before them and shaII
IlDct bcard u directors ~ The ensuing year,
gAich Asuly elected board sha1l Ct once
.eGnnise ~ elecsine nom their board the |
: - Y - cex1era1inn = already naaed.