St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-04-16
CHARTER OF THE SMITH HARD
HARDWARE CO., LTD.
UNITED STATES OF AMERIC

UNITED STATES OF AMERICA,
State of Louisiana,
BE IT KNOWN, That on this, the
list 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
Before me. EDWARD H. RICHARD,
a Notary Public duly commissioned and
qualified, in and for the Parish of ST.
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 fall age, who declare that avail
dmg themselves of the provisions OF
the laws Of the State Of Louisiana.
relative to the organization of corpora
tons, they have covenantsd and agreed,
and by these presents do covenant and
agree to bind themselves, as we'll as
such other persons as may hereafter
become a ssociated with them, to form
and consti tute corporation and body
polite in law, for the purposes and OBJ
jects, and unGer the sttpulations. 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
ARTICLE II.
The domicile of this corporation
shall be in the Town of Covington.
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 alb
sence or inability to act, upon the Vice
President. The President shall be the
executive ohicer Of the corporation. and
shall preside at the meetings OF the
Board Of Directors and stockholders.
ARTICLE III.
The objects and purposes for which
this corporation is established. and
the nature of the business to be
to be: To do a general wholesale and
retail hardware and building material
business. and to handle. incidental to
said business. full line of wooden
ware and granite ware. wagons. bug
ri.,s, leather goods, And SUCH other
lines of general merchandise rs may
he dee, ned necessary to carry In stock,
incidenta, to the above enumerated
lines of business.
.RTICLE w.
This corporatfu.1 may sue or be sued
in it's corporate na.ne' make ana use
a corporate seal. the So. me 70 alIer ana
break at pleasure; hold NE. ,r eeoei hv.
Nothecate. pledge, lease. sub-lease ana
ehjoy real personal or mixed prop.
erty; also borrow and lend money ana
make contracts; make and establish
such bylaws, rules and regulations az
may be necessary, and the same 70
change and alter at pleasure: and shall
possess all the rights and privileges 10
which corpora tions are, or may be au-
corporation may exercise its corporate
powers within any other State OF this
URiep. ~
The capital stock of said corpora
1ipn shall be Twenty Thousand $780,
0eO.OO) Dollars, divided into and repre-
scented by two hundred (2O0) shares
OF the sum of One Hundred ($i0o:00l
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
naid, for money advanced and for such
=. "er valuable consideration or service,
os'- 'e Board of Directors of said cor
noratf,,n may determine, provided that
pot $500, shall be issued until consider
nt;nn ther. for has been received by
a.S" .nrnars+, IN; said shares of stock
shai, he sipned by the President and
ISac Observation-Disclosures. At all elections by,
nor meetings Of, the ,, 'oenn .9., eacn
share OF stock shall be ON ~ u,bose
vpte to be cast by the pers-oh. IN wno Ise
name the stock appears on /. noon no
Of the corporation, or by his as~
proxy, duly authorized to that eff.e'
In writing. This corporation to become
a going concern as soon as the sum of
Ten Thousand (s10000.00) 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 Dr.