The Caucasian. (Shreveport, La.) 1900-192?, 1909-07-29
CHARTER
OF THE c. w. HARDY LUMBER
COMPANY.

ImIssioned and sworn IN and TOT 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
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 I.
The name and title of said corpora
Ition shall be the C. w. HARDY LUM-
Der COMPANY, and its domicile is
thereby established at the City of Shreve-
port Caddo Parish, Louisiana, and I'M
| 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
Icharter.
ARTICLE H.
The object and purposes for which
this corporation is organized, and the
mature 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
terial. and as incidental to said business
to own and operate such plants and ma
Echinery 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
shall commence business as soon as
: three thousand dollars of the capital
5 stock shall have been subscribed for.
: ARTICLE ".
The corporate powers of this cor
poration shall be vested in ard exer-
Ecised by board Of directors consisting
y Eof three stockholders, who shall be
: leleced at a stockholders meeting to be
Iheld at the Office of the company in the
: CITY of Shreveport, Louisiana, on tht
first Monday of June Of each year, who
shall hold their Office until the election
: LOT their successors as above provided
!, The following persons shall constitute
the first board of directors and offlcer'
u of the company, viz: c. w. Hardy
! president; F. D. Hutchens, vice presl
!. dent; and G. A. Morse, secretary ane
treasurer, who shall hold their Office
until the above election above provides
for on the first day of June A. D. 1910
The board of directors shall have tn
~ power to fill all vacancies in their mum
y her 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 az
2 point such agents, managers and clerk
- or other employees as may be deeme
y proper and necessary for conductin
= said business, and to appoint sue
agents, managers and clerks or otht
"a employees as may be deemed necessary
5 to fix their salaries, with power to di
charge at pleasure, and they shall hay
=, - the power to fix the salaries of the r
= spective officers provided for herein.
OF ARTICLE v.
This charter may be amended, altere
or changed, the capital stock increase
or decreased, or it may be dissolved
a meeting of the stockholders held f
such purpose, with the assent of thre
fourths of the capital stock, wheth
Dresent at such meeting or not; in ca
, of dissolution of this corporation, +
=. :. any cause, the liquidation of its affai
lpe shall be conducted by three commissio
'ul ers. selected from the stockholders. w
shall be selected at meeting for tt
- purpose as above, who shall continue
- Office until the final liquidation.
ae In all stockholders meetings ca
90 stakeholder shall be entitled to one "
ned for each share of stock owned BY HI
per which vote may be cast by proxy;
ing tiee of all stockholders meetings nj
ap. be given by written notice addressed
ned each STOCKHOLDERS at its usual postof
address, which notice shall be sufiici
in ali cases except as may be otheTW