The Caucasian., 1909-07-15
CHARTER
OF THE c. w. HARDY LUMBER
COMPANY.

K. d. Webb, notary public, duly COM
rnissioned and sworn in and for the
Parish of Caddo, State of Louisiana,
personally came and appeared c. w.
Hardy, 6. A. Morse and F. D. Hutch
ems, residents of above State and Par
ish, who declared that, availing them
selves of the laws of the State of Louis
lana relative to corporations, they have
formed and constituted themselves, as
well as such other persons as may here
after be associated with them, into a
body corporate, and they have adopted
as their charter the following act Of in
corporation:
ARTICLE /.
The name and title of said corpora
ton shall be the c. w. HARDY LUM-
BFR COMPANY, aud its domicile is
hereby established at the City Of Shreve-
port, Caddo Parish, Louisiana, and un-
der its said corporate name it shall ex-
ist and continue for period of ninety
nine years, unless sooner dissolved in
accordance with the stipulations of this
charter.
ARTICLE II.
The object and purposes for which
this corporation is organized, and the
nature of the business to be carried on
by it are declared to be to buy and sell
lumber and lumber products, and to buy
and sell a general line of builders ma
tsrial, and as incidental to said business
to own and operate sssch plants and ma
chinery necessary for the successful
conduct of said business, and to acquire
such real and personal property as may
be necessary therefor, and the same to
dispose of, mortgage, pledge or assign
as may be deemed necessary.
ARTICLE III.
The capital stock of this corporation
shall be ten thousand dollars, divided
into and represented by one hundred
shares of one hundred dollars each,
which said stock shall be paid for in
cash at the time of subscription, or the
same may be issued, at not less than
par, in payment or exchange for prop
erty or rights actually received or pur
chased by the said corporation, and for
such other valuable considerations as
the directors may determine, and It'll
shall commence business as soon as
three thousand dollars of the capital
stock shall have been subscribed for.
ARTICLE w.
The corporate powers of this cor
poration shall be vested m and exer-
cised by board of directors consisting
of three stockholders, who shall be
eleced at a stockholders meeting to be
held at the office of the company in the
City OF Shreveport, Louisiana, on the
first Monday of June Fl each year, who
shall hold their Office until the election
of their successors as above provided.
The following persons shall constitute
the first board of directors and officers
of the company, viz: c. w. Hardy,
president; F. D. Hutchens, vice presi-
dent; and G.. A. Morse, secretary and
treasurer, who shall hold their Offices
until the above election above provided
for on the first day of June A. d. 1910.
The board of directors shall have the
power to fill all vacancies in their num-
ber from the stockholders of the COM
pany, and they shall have the power to
frame and adopt such rules and bylaws
as they may deem proper and necessary
for conducting said business. and to ap-
point such agents, managers and clerks
or other. employees as may be deemed
proper and necessary for conducting
said business, and to appoint such
agents, managers and clerks or other
employees as may be deemed necessary;
to fix their salaries, with power to dis
charge at pleasure, and they shall have
the power to fix the salaries of the re-
spectiye officers provided for herein.
ARTICLE v.
This charter may be amended, altered
or changed, the capital stock increased
or decreased, or It may be dissolved az
a meeting of the stockholders held for
such purpose, with the assent Of three
fourths of the capital stock whether
present at such meeting or not; IN case
OF dissolution of this corporation, for
any cause, the liquidation of its affairs
shall be conducted by three commission
ers, selected from the stockholders, who
shall be selected at a meeting for that
purpose as above, who shall continue in
Office until the final liquidation.
In all stockholders meetings each
stockholder shall be entitled to one vote
for each share of stock owned by him.
which vote may be cast by proxy; no
tice Of all stockholders meetings must
be given by written notice addressed to
each stockholder at its usual postoficeI
:,.71 v4<.kse~a el1sN he sufficient