The Era-leader., 1913-08-07

CHARTER.
United States of America,
State of Louisiana.
Parish of Washington.
Be it known that on this day be-
fore me, Gordon w, Goodice, q no.
tary public duly commissioned, quail"
fed and sworn in and for Washington
Parish, State of Louisiana, and IN
the presence of the witnesses herein
after named and undersigned, per-
sonally came and appeared. the par
ties whose names are hereunto SUBJ
scribed, residents of the Parish OF
w ashington, who declared that avail
ing themselves of the laws OF the
State of Louisiana relative to corpor'
ations and especially Act No. 7o OF the
acts of the La. General Assembly
adopted during the year 1904, they
have covenanted and agreed and by
these presents do covenant and agree
and bind themselves as we'll as such
other persons as may hereafter be-
come associated with them, to form
and constitute a corporation and
body polite in law for the purposes
and objects and under the stipul ations
following, tO.wit:
ARTICLE |.
The name and title Of the said COR
poration shall he Il. l.. TONEY CO.,
and its domicile is hereby fixed at
Hackiey, Washington Parish, Lou
isiana, ana under its said COR
porate name, said corporation shall
have power to contract, sue and lie
sued: to make and use a corporate
seal, and the same to break and alter
at pleasure; to hold, receive, have,
purchase, improve, ALLEVIATE, convey,
sell, borrow, pledge, mortgage and
hvpothocate, under its said corporate
name, property, real and personal
and mixed; to name and ap'
point such officers, directors,
agents. managers and employ
ees as the interest or convenience
of the said corporation may demand
and to make and established by laws
rules and regulations for the govern
ment of the said corporation, as may
be deemed necessary and proper. and
the same to change and alter at pleas
ure, and generally to do all Other
acts and things permitted by law. OF
such as shall be necessary and proper
to carry out the purposes Of the sale
corporation. Said corporation, un
less sooner dissolved in accordance
with its charter shall exist and con
tinue for the period of ninety-nint
years from the date hereof.
ARTICLE II.
The president or in his absence tn
vice.president and in the absence o
both the secretary-treasurer. shall b.
the proper person upon whom al
legal process shall be served in &C
cordance with the laws of this state
ARTICLE III.
The objects and purposes for whicl
this corporation is organized and the
nature of the business to I've carriet
on by it, are declared to be the fol-
lowing tc-wi.: TO buy and sell al
manner of goods, wares, merchandise
either for cash or on credit. retail o
wholesale: to purchase, hold, lease
own, mortgage, pledge, sell, convey
improve and handle all manner o
property, real, personal and mixed
to buy, sell, and deal in all manne
of building material and to own oper
ate and run one or more branch store.
at such place or places as the boar'
of directors may designate, and gen
orally to do all acts and things ueces
sary incident Or, proper in carryin
out the purposes OF this corporation
4! ARTICLE
The capital stock of this corpora
tion is hereby fixed at the sum o
$1,000 divided into and represented b.
thirty shares of the par value of $40
each, which said stock shall be pal,
for in cash at the ii ne of subscription
or the same may be issued at not less
than par in payment or exchange
for property, movable and i'm
movable, or rights actually re
ceived or purchased by said cor
poration, or the same may be issue
full paid for cash, or for such othe
valuable consideration as the boart
of directors may determine, provide
that no stock shall be issued unit
the consideration therefor is actual
|ly received by, the said corpor
alton. Any stockholder may sell