The Caucasian. (Shreveport, La.) 1900-192?, 1912-03-03
CHARTER
OF the Chas. Reed Piano Company
Limited.
State of Louisiana,
Parish of Caddo.

State of Louisiana,
Parish of Caddo.
Be it known and remembered that on
this dav before me, J. M. Wise, Notary
Public in and for Caddo Parish, Louis
lana. duly commissioned, qualified and
acting, came and appeared the several
persons whose names are hereunto sub
scribed, all residing in Caddo Parish,
Louisiana. who declared unto me, said
Notary. that availing themselves of the
provisions Of the laws of Louisiana,
they have formed themselves, their as
sociates and successors into a corpora
ton for the objects and purposes and
under the agreements and stipulatlons
hereinafter set forth, which they do
hereby adopt as their charter.
ARTICLE [.
The name of this corporation shall
be 1.-THE Chas Reed Piano Company,
Limited" and by that name it shall
have the power and authority to enjoy
succession for ninety-nine years; to
contract, sue and be sued; to make and
use a corporate seal; to hold, purchase,
lease, sell and hypothecate property,
real or personal; and to name managers
and directors and agents as the inter
ests of the corporation may require;
and to make such bylaws and rules
for the proper management of the af-
fairs of the corporation as may be ne
eessary.
ARTICLE III.
- The domicile of this corporation shall
be in the City of Shreveport, and all
citations and other legal process shall
be served on the president, and in his
absence, at the office of the company,
according to law.
ARTICLE Ill
The object for which this corporation
is organized and the nature of the busl-
ness to be carried on by it is declared
be as follows: To conduct a general
retail and wholesale piano and music
and musical instrument business, and
to do any and all other things neces-
sary and proper Tor the carrying out of
the general mercantile piano and mu-
sic establishment.
ARTICLE ".
The capital stock of this corporation
is hereby fixed at Twenty five Thou
sand ($25, 100000 Dollars, divided into
twenty five hundred (25oo) shares of
the par value of Ten $4,000 Dollars
each, said corporation to commence bus.
mess when Ten Thousand $50, 000.00)
Dollars of said stock is subscribed for
and paid in. Said stock may be paid
for in cash, property or services rem.
dered at the discretion of the directors.
ARTICLE v.
The corporate power of this corpora
tion shall be vested in board of direc-
tore consisting of three of its stockhold-
ers, who shall be elected on the first
Monday in January each year, begin
ming with the year of 1913, and annu-
ally thereafter The first board of di
rectors is hereby declared to be: Chas.
Reed, Mrs. NJ. E. George, widow, and
F. B. Dickerson, who shall serve until
their successors are chosen and quail
fed. The officers of this corporation
shall be president, vice president,
and secretary treasurer, and the first of
said officers is declared to be Chas.
Reed, president, F. B. Dickerson, vice
president, and Mrs. NJ E. George,
widow, secretary treasurer, and they
shall serve until their successors are
.ehosen as hereinafter provided for. The
majority of The stock present shall elect
the directors, and in all elections or
meetings of stockholders each share of
stock present or represented by written
proxy shall be entitled to one vote. No
tice of all elections or meetings of
stockholders shall be advertised ten
days in daily Shreveport paper prior
to such elections. All elections shall be
held at the Office of the company.
ARTICLE VI.
Failure to hold an election for di-
rectors on the day hereinabove named
shall not dissolve the corporation, the
incumbent directors shall hold over un-
til their successors are duly elected and
qualified. Any yavancy on the board
shall be filled by a vote of the remain
ing directors The Board of Directors
shall have the power to contract debts,
borrow money, buy and lease property,
and do all things necessary to carry
out the purposes of this corporation.
ARTICLE VII.
No sale of stock shall be valid or
binding on this corporation until the
same has been transferred on the books
of the company; no transfer or sale of
stuck shall be made by any stockholder