The Caucasian. (Shreveport, La.) 1900-192?, 1909-07-01
CHARTER
OF THE c. w. HARDY LUMBER
COMPANY.

va 'iAoL eAllS ddy DeIOrG me,
X. u. webb, notary public, duly COM
mssioned = and sworn in and for the
Parish of Caddo, State of Louisiana.
personally came and appeared c. W..
Hardy, g. 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
ANA 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
ARTICLE I.
The name and title of said corpora
ion shall be the C. w. HARDY LUM-
Der COMPANY, and its domicile is
hereby established at the City of Shreve-
port, Caddo Parish, Louisiana, and I'M
der its said corporate name it shall ex-
lst and continue for a 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 general line of Builders ma
tsrial, and as incidental to said business
to own and operate such 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 II
shall commence business as soon as
three thousand dollars of the capita
stock shall have been subscribed for.
ARTICLE ".
The corporate powers of this cor.
poration shall be vested in 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 thu
first Monday of June of 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 officer!
of the company, viz: c. w. Hardy
president; F. D. Hutchens, vice presi
dent; and G. A. Morse, secretary anC
treasurer, who shall hold their Office
until the. above election above provided
for on the first day of June A. D. 1910
The board of directors shall have TIL
power to fiji all vacancies in their mum
Der from the stockholders of the com
pany, and they shall have the power t.
frame and adopt such rules and bylaw
as they may deem proper and necessar.
for conducting said business, and to ap
point such agents, managers and clerk
|or other employees as may, be deemet
proper and necessary for conducting
said business, and to appoint sue
agents, managers and clerks or othe
employees as may be deemed necessary
to fix their salaries, with power to dis
charge at pleasure, and they shall hav
the power to fix the salaries of the re
spective officers provided for herein.
ARTICLE v.
This charter may be amended, altere
or changed, the capital stock increase
or decreased, or it may be dissolved 9
meeting of the stockholders held TO
such purpose, with the assent of three
fourths of the capital stock, whethe
present at such meeting or not; in cas-
of dissolution of this corporation, fc
any cause, the liquidation of its affair
shall be conducted by three commission
ers, selected FROM the stockholders, VIII
shall be selected at meeting for tn;
purpose as above, who shall continue
Office until the final liquidation.
In ali stockholders meetings eac
stockholder shall be entitled TO one vo
for each share of stock owned by hir
which vote may be cast by proxy; nj
tice of all stockholders meetings mt
be given by written notice addressed