St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-05-28
CHARTER OF TNK SMITH HARD
HARDwA4 = CO., LTD.
UNITED STATES or AMERICA


UNITED STATES OF AMERICA,
State of Louisiana,
Parish of ST. Tammany.
BE IT KNOWN, That on this, the
1st day Of April, in the year of our
Lord, One Thousand Nine Hundred and
Ten, and of the independence of the
United States the One Hundred and
Thirty fourth:
Before me, EDWARD H. RICHARD.
Notary Public duly commissioned and
Tammany, State of Louisiana, and in
the presence of the witnesses herein
after named and undersigned, person
ally came and appeared the parties
whose names are hereuntO subscribed,
all of full age, who declare that, avail
ing themselves of the provisions of
the laws of the State of Louisiana.
relative to the organization of corpora
tons, they have covenanted and agreed.
and by these presents do covenant and
agree to bind themselves, as well as
such other persons as may hereafter
become associated with them, to form
and constitute a corporation and body
polite in law, for the purposes and OBJ
jects, and under the stipulations, ar
ticles and conditions following, to-
wit:
ARTICLE l.
The name and style of this corpora
ton shall be the SMITH HARDWARE
COMPANY. LIMITED" and by that
name it shall have power and author
ity to exist and enjoy succession for
the full term and period of ninety-nine
years from date hereof, unless sooner
dissolved.
ARTICLE II.
The domicile of this corporation
in the Parish Of St. Tammany, State of
Louisiana. All citations and other
legal processes shall be served upon
the President, or in case of his abb
sence or inability to act, upon the Vice
President. The President shall be the
shall preside at the meetings of the
Board of Directors and stockholders.
ARTICLE III.
The objects and purposes for which
the nature of the business to be
carried on by it, are hereby declared
to be: To do a general wholesale and
retail hardware and building material
business, and to handle, incidental to
said business, a full line OF wooden
ware, glass ware, crockery ware, TIN
ware and granite ware, wagons, bug
gies, leather goods, and such other
lines Of general merchandise as may
be deemed necessary to carry in stock
Incidental to the above enumerated
lines of business.
ARTICLE w.
This corporation may sue or be sued
in its corporate name. make and use
a corporate seal, the same to alter and
break at pleasure; hold, have, receive,
purchase, convey, sell, mortgage, hy
pothecate, pledge, lease, suitcase and
enjoy real, personal or mixed prop
erty; also borrow and lend money and
make contracts; make and establish
such bylaws, rules and regulations as
may be necessary, and the same to
change and alter at pleasure; and shall
possess all the rights and privileges to
which corporations are, or may be au-
thorized and entitled to possess. This
corporation may exercise it's corporate
Union.
ARTICLE V.
The capital stock of said corpora
ton shall be Twenty Thousand $50,
000.00) Dollars. divided into and repre-
sented by two hundred (200) shares
of the sum of One Hundred ($100.003
Dollars each, which said stock shall
be paid for in cash at the time of sub
Scription, or the same may be issued
at not less than par, in payment Or ex-
change for property or rights actually
received or purchased by said corpora
ton, or the same may be issued, full
paid, for money advanced and for such
other valuable consideration or service.
as the Board of Directors of said cor
poration may determine, provided that
no stock shall be issued until consider
alton therefor has been received by
said corporation; said shares of stock
shall be signed by the President and
SecretaryTreasurer. At all elections by
or meetings of, the stockholders, each
share of stock shall be entitled to ONT
vote to be cast by the person in whose
name the stock appears on the books
of the corporation, or by his agent OF
proxy, duly authorized to that effect
in writing. This corporation to become
going concern as soon as the sum OF
Ten Thousand ($10,000.00) Dollars is
subscribed for and paid in.
ARTICLE VI
No stakeholder shall have the author
ity or right to sell or otherwise dis
pose of his stock in whole or in part
without first giving the Board of Di-
rectors fifteen (15) days notice of his
intention or desire to dispose of any
of his stock or part thereof, and al
lowing the Board of Directors, or il
it's default, any stakeholder, the frs
opportunity of purchasing the stock
After which fifteen days, the sal
stock may be sold in open market. Tn.
stock of said corporation may be trans
ferred under the above conditions, pro.
vided such transfer be made on the
books of said corporation at its ONCE