The Caucasian., 1912-01-14
CHARTER
OF the Caddo Furniture Company


clared that, availing themselves OF
the provisions of the laws OF this
State relative to corporations, they
have covenanted and agreed, and by
these presents covenant and agree,
and bind themselves, as well as such
other persons as may hereafter be-
come associated with them. to form
and constitute corporation and
body polite in law, for the purposes
and under the stipulatiOns, articles
and conditions following, to-Wlt:
ARTICLE I.
The name and title of the said
CORPORATION shall be "The Caddo
Furniture Company" and its DOM
iciIe is hereby established in the
city of Shreveport; and, under its
said corporate name, said corpora
tiOn shall have power and authority
TO contract, sue and be sued; to
make and use corporate seal, and
the same to break and alter at
pleasure: to hold, receive, have,
purchase, improve, ALLEVIATE, convey,
sell, borrow, pledge, mortgage ana
hypothecate, under its said corpor-
ate name, property, real, personal
and mixed; to name and appoint
such officers, directors, agents and
managers or employees as the inter
est or convenience of said corpora
ton may require; to make and es-
tablish bylaws, rules and regula-
tions for the proper management
and regulation of its affairs as may
be deemed necessary and proper,
and the same to change and alter at
pleasure; and to do all other acts
and things permitted by law, or as
shall or may be necessary and
proper 10 carry out the objects and
purposes of said corporation. SAID
corporation, unless sooner dissolved
i'm accordance with its charter, shall
exist and continue for the period OF
fifty years from and after the date
hereof. The president. or, in his alb
sence, the vice president, shall be
the proper person upon whom cita-
tion or other legal process shall be
served.
ARTICLE II.
The objects and purposes forI
which this corporation is organ
lied, and the nature of the business
TO be carried on by it, are declared
TO be the following, to-wit: To con-
duct busines of buying and SELL
ing furniture, house furnishing
goods, and general merchandise; toi
hold, purchase, lease, sell and hy-
pothecate property, real and per-
sonal.. To issue notes and other ne
gotiable instruments as evidence OF
debt, and to do any and all things
necessary to conduct said business.
ARTICLE III.
The capital stock of the said COR
poration shall be twenty-five thous-
and 1926 100000 dollars, represented
by two hundred and fifty shares Of
The sum of one hundred (St00G0 |
dollars each, which said stock shall
be paid for in cash at the time Of !!
subscription, or the same may be is
sued at not less than par, in pay
ment or exchange for property or
rights actually received or pur-
chased by said corporation, or the
same may be issued, full paid, for
advanced, and for such other
consideration or services as
the board of directors of said COR
poration may determine; provided,
that no stock shall be issued until
the consideration therefor has been
received by the said corporation.
The stock of said corporation may
be transferred, provided such trans
fer thereof be made on the books
Of said company at its Office, in the
city of Shreveport, and on surren-
der of the certificate therefor. No
tranfer of any fractional part OF a |
share shall be made. This corpora
lion shall commence doing business
as soon as two hundred shares of
The capital stock shall have been
subscribed and paid for. The board
Of directors shall have the right to
determine how much stock shall be
issued.
ARTICLE ~.
The corporate powers of this COM
pany shall be vested in and exer-
cised by board of five (5) electors
consisting of the president (who
shall also be the treasurer of said
corporationl, vice preesidnt, and
three f3l stockholders. Three of said
board shall constitute quorum for
The transaction of business, and
their decisions shall be valid cor
porate acts. The following persons
n.