The Caucasian., 1912-02-11
CHARTER
of the Chas. Reed Piano Company
Limited.
State of Louisiana,


Be it known and remembered thaf On
this day before me, J. NJ. Wise, Notary
Public in and for Caddo Parish, Louis
lana, duly commissioned, qualified and
acting, came and appeared the HeVeHa'
persons whose names are hereuneo Rub-
seribed, all residing in Caddo Psriss,
Louisiana, who declared unto me, eaid
Notary, that availing Themselves ~ the
provisions of the laws Of LOuislans,
they have formed themselves, their as
sociates and successors into q corpora
tion for the objects and purposes and
rnder the agreements and stipulations
hereinafter set forth, which they DO
hereby adopt as their charter.
ARTICLE I.
The name of this corporation ahAlb
be "The Chas. Reed Piano Company,
Limited,'' and by that name it shalt
have the power and authority 20 enjoy
succession for ninety-nine years; 60
contract. sue and be sued; to make and
use a corporate seal; to hold, purchase,
lease, sell and hypothecate property,
real or personals; 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
cessary.
ARTICLE II.
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 III.
The object for which this corporation
is organized and the nature of the bust
ness to be carried on by it is declared
to 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, 5,000.00) Dollars, divided into
twenty five hundred (2500) shares of
the par value of Ten ($1O0O) Dollars
each, said corporation to commence bus
mess when Ten Thousand ($10,000.00)
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-
tors consisting of three of it's stoekhold
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. M. E. George, widow, and
+. B. Diekerson, who shall serve until
their Successors are chosen and quail
fed. The officers of this corporation
shall be a president, vice president,
and secretary treasurer and the first of
said officers is declared to be Chas.
Reed, president, T. B. Dickerson, vice
president, and Mrs. NJ E. George
widow, secretary treasurer, and they
shall serve until their successors are
chosen 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 I'M
til their successors are duly elected and
qualified. Any vavaney on the board
shall be filled by 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
cut 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
stock shall be made by any stoekholder
of this corporation without giving this
corporation ten days notice of his in
3on&so,, s.n o,.l ha .a;l 49,