The Caucasian., 1913-07-27
y II 9is - +fsIl r. j. 5
CHARTER )
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OF Hudson Company

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| State of Louisiana, Parish Of Cad.
do: Be it known that on this day be-
fore me, Abe Goodman, duly quail
| flied notary public, within and fol
the Parish and State aforesaid, per
sonally appeared the several parties
| whose names are hereunto sCh-
scribed, and in the presence Of the
undersigned competent atteStll.2 :
| witnesses, declared that availine
| themselves Of the provisions OF the
laws OF the State of Louisiana, they
do by these presents covenant, 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 or body
polite in law under the following
| articles Of agreement, to-wit:
FIRST.
The name and style Of this cor
poration shall be Hudson Conf
pany," and it's domicile is declared
to be the City. of Shreveport, Caddo
Parish, Louisiana. Under the said
corporate name it shall have and
enjoy (unless sooner dissolved as
hereinafter provided corporate sue
cession for a period of ninety-nine
years, and under its said corporate
name it shall have the power TO
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 neces-
sary or proper to further the inter-
Test 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-trea5urer
at the office Of said company.
SECOND.
The purpose for which this cor
pOration is formed and the nature
|Of the business to be carried on by
it is declared to be the operating Of
la 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
tion is hereby fixed at fifteen thous-
and (S15,0O0.OO) dollars, divided into
and represented by one hundred and
fifty shares Of the par value Of one
hundred $4,000 dollars each, and
lit shall be authorized to commence
business when five thousand dol
lars .(s5.000.00) of its capital stock
shall have been subscribed and paid
for. Any stockholder 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 a period of thirty
days after such notice the other
stockholders shall have the privi-
=lege of purchasing same at its 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-.
ercised by a board of directors com
posed of three members, two OF
whom shall constitute a quorum for
the transaction of all corporate bus
mess. Should a vacancy occur in the
board, those remaining shall fill the
vacancy by choosing a stakeholder
TO fill the unexpired term. Said
board shall be elected annually on
...fthesfrst Monday in January of each
Iiyeaf, beginning with the year 1914.
Each Each share Of stoeNthall be entitled
to one vote to be east in person or
i by written proxy, and at all cleo
lions and meetings Of stockholders
8. majority of votes shall elect. Ten
days prior notice shall be given in
writing to stockholders of all spe--
Icial elections or special meet
iings, the said notice to be
made to the usual postof-
fee. address of said stockholders.
The board of directors shall elect
annually at its regular meeting Of
feers Of the corporation, namely, a
president, vice president, secretary