The Caucasian., 1910-06-12
CHARTER
OF THE FRIEND HARDWARE
COMPANY.

COMPANY.
State of Louisiana, Parish of Caddo:
Be it known that on this the 18th day Of
May in the year of our Lord one thous-
and niEe hundred and ten, before me,
T. F. Bell Jr., notary public in and
for saidsParish and State, duly com
missioass1 and qualified, came and ap-
peared r. c. Friend, E A. Thomas and
R c. Cornwall. all residents of Caddo
Parish, Louisiana, each of whom de-
clared unto me in the presence of the
attesting witnesses, that availing them
selves of the laws of the State of Louis
lana relative to the formation of cor
porations, they do hereby organize
themselves and their successors into
and create a corporation, and adopt the
following articles as the charter thereof
to govern themselves and such others
as may become associated with or sue
ceed them:
ARTICLE l.
The name an dtitle of said corporation
is FRIEND HARDWARE COM
g PANY, with its domicile in the City OF
Shreveport, in said Parish and State
all legal process to be served on its
president, or in his absence on the sec
retary-treasurer of the company at its
domicile; and under its corporate name
it shall have authority to sue and be
sued; to make and use a corporate seal
and the same to break and alter at pleas
ure; to contract; to hold, receive, have,
purchase, improve, ALLEVIATE, convey, sell
borrow, pledge, mortgage and hypothe-
cate, under its corporate name, property
real, personal and mixed; to name and
appoint such officers, directors, agents
managers and employees as the Interest
or convenience of said corporation may
require; and to do all other acts and
things permitted by law, or as shall be
necessary and proper to carry out the
objects and purposes of said corpora
ton.
ARTICLE II.
The purpose for which said corpora
ton is established and the nature of tht
business to be carried on by it are here
by declared to be to conduct a genera
retail hardware business; to buy anc
sell any and all articles which are
classed under the general heading o.
hardware, or related thereto, as well a.
such other artices as may be determined
by the board of directors.
ARTICLE II.
The capital stock of this corporation
is hereby fixed at the sum of twenty
thousand dollars, divided into two hun
dred shares of one hundred dollars each
which shall be paid for in cash or by th'
transfer of property or labor or servic'
peTsamed, as may be approved by it
board of directors. 1t shall conmenc
business when its entire capital stock il
subscribed and paid for, and all stool
issued by it shall be fully paid and non
assessable Any stockholder may seH
assign or transfer his stock in this cor
poration, provided ten days prior motto
Of such intention be given the corpora
ton, and the other stockholders tiereo
shall have the first privilege of purchas
ing same, or any part of same, at 1t
fair valuation during said ten days; tn
same TO be transferable only on tn
books of the company at its office, an
on surrender of the certificate or certif
Gates thereof; all of these conditions a
to sale of stock shall be SO noted on tn
certificates of stock.
ARTICLE ".
The affairs of the corporation, exeel
such as are held by its general manager
shall be managed and controlled by
board of directors consisting OF thre
stockholders who shall be elected at
stockholders meeting duly held at tn
Offices Of the company on the first Tues
day in June Of each year by the stock
holders at a meeting called for that pui
pose: If such first Tuesday in Jun
shall fall upon a legal holiday, the san
meeting shall take place on the mrs
legal day thereafter. At all meeting
of stockholders each share of stock sha
be entitled to one vote whether cast
person by the owner thereof or by wrl'
ten proxy, and in all meetings of stocl
holders, except as otherwise provides
a majority of the stock present or ref
resented at such meeting shall contro
At all stockholders meeting called fe
the purpose of electing directors, II sha
take eighty per centum of the outstant
ing stock of this company to elect. 4
soon as board of directors is electe
it shall Immediately meet, and from i
number elect president. who sha