The Caucasian. (Shreveport, La.) 1900-192?, 1913-09-02

| laws of the State of Louisiana. they
do by these presents covenant, aglt'
and bind themselves, as Well a. sucf
other persons as may hereafter BE-
come associated with them. to 1orti.
and constitute a corporation or body
polite in law under the following
| articles Of agreement, to-Wlt:
FIRST.
| The name and style Of this cor
poratlOn shall be Hudson Com
pany," and its domiclIe is declare {
to be the City Of Shreveport. Cad,Io
Parish, Louisiana. Under the saiC
corporate name it shall have and
enjoy (unless sooner dissolved a
hereinafter provided corporate sue
ccsson for period of ninety-nlne
Years, and under its said corporate
name it shall have the power 10
contract, sue and be sued to re-
ceive, purchase hold, lease, sell.
mortgage or hypothecate property.
real and personal, as we'll as to eX-
ecute notes or other evidences OF
Indebtedness; to make and adopt
such necessary bylaws, rules and
regulations as it may deem proper.
and the same to alter or abolish at
pleasure; to employ such managers
employees. etc, as may be deemed
necessary, and generally to do and
perform any and all things nercS-
sary or proper to further the inter
est Of the said company and the
purpose for which organized. All
citations or other legal process Shall
be served on the president, Or il! his
absence on the secretary-t treasurer
at the office Of said company.
SECOND.
The purpose for which this cor
poration is formed and the nature
If the business to be carried on by
it is declared to be the operating OF
a retail mercantile business and
such businesses as are allied there
to in the City of Shreveport and
such other cities or towns as said
board Of directors may elect.
THIRD.
The capital stock of this corpora
ion is hereby fixed at fifteen tLous-
md ($l5,O00OO( dollars, divided int,
md represented by one hundred and
fifty shares Of the par value of one
hundred ($iOO0O) dollars each. and
t shall be authorized to commence
business when five thousand dol
lars (S5.0000O) of its capital stock
shall have been subscribed and pai,
for. Any stakeholder shall have the
right of disposing Of his stock, but
before selling same to outsiders he
shall give written notice to the cor
poration, and for period of thirty
days after such notice the other
stockholders shall have the priv
lege of purchasing same at it's mar
ket value; failing to avail them
selves Of this privilege, he shall
have the right to dispose OF it as he
sees fit. All transfers Of stock shall
be made on the books Of the corpor-
alton and until SO done shall be OF
no effect.
FOURTH.
The corporate powers of this cor
pOratiOn shall be vested in and ex-
,rcised by d board Of directors com
posed of three members, two OF
whom shall constitute quorum for
the transaction Of all corporate bus
mess Should vacancy occur in the
board, those remaining shall fill tn"
vacancy by choosing stakeholder
to fill the unexplred term. Sand
board shall be elected annually on
he first Monday in January of each
year, beginning with the year 1914.
each share of stock shall be entitled
10 one vote to be cast in person OF
by written proxy, and at all cleo
lions and meetings of stockholders
a majority of votes shall elect. Ten
days prior notice shall be given in
writing to stockholders of all spe
cial elections or special meet
ings, the said notice to be
made to the usual postOf-
flee address Of said stockholders.
The board of directors shall elect
annually at its regular meeting Of
ticers Of the corporation, namely, a
president, vice president, secretary
treasurer, who shall hold office I'M
til their successors are elected and
duly qualified. The first board of 1l-
rectors Of this corporation shall be
J. c.. Foster, w. M. Hudson and I. H.
reat The officers Of this corpora
ton shall be l. H. Teat, president
J. G. Foster, vice president, and w.
NJ. Hudson, secretary-treasurer.
FIFTH. .M ".5
This charter may be changed,
modified or amended, its capital
stock increased or decreased at 2