The Caucasian., 1913-08-03
j \. / 7 E: +!
OF Hudson Company"

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 for
the Parish and State aforesaid, per
sonaIly appeared the several parties
whose names are hereunto Sub
scribed, and in the presence Of the
undersigned competent attestlA-s
witnesses, declared that availins
themselves Of the provisions Of the
laws of the State Of Louisiana, they
dc by these presents covenant, agree
and bind themselves, as we'll as such
other persons as may hereafter ,c-
come associated With them, to form
and constitute corporation or body
polite in law under the following
articles OF agreement, to-Wlt:
FIRST.
The name and style Of this cor
poration shall be Hudson Com
pany,' and its 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
Isession for period Of nlnety-nlne
SSars and under its said corporate
nasle it shall have the power 70
COMPACT. sue and be sued: to re-
ceive.<purchase, hold lease, sell,
mortga:e or hypothecate property,
real and personal. as we'll as to ex-
ec1lte notes or other evidences OF
Indebtedness: to make and adept
such necessary bylaws, rules and
regulations as It may deem proper,
| and the same to zalter 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 organizeG. All
citations Or other legal process shall
be served on the president, or il. his
absence on the secretary treasurer
/ at the office of said company.
SECOND.
i The purpose for which this cor
!, poration is formed and the nature
/ of the business to be carried On by
lit is declared to be the operating OF
a retail mercantile business and
itsuch 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
ton is hereby fixed at fifteen thous-
and (si5,O00.O01 dollars, divided into
I and represented by one hundred and
4 fifty shares Of the par value Of one
! hundred (s1OO.0O) dollars each, and
J it shall be authorized to commence
:, business when five thousand dol
NJ lars ls5,OOO.OO) Of its capital stock
4 shall have been subscribed and paid
! for. Any stockholder shall have the
fright Of disposing Of his stock, but
4 before selling same to outsiders he
i shall give written notice to the cor
! poration, and for period of thirty
days after such notice the other
| stockholders shall have the privi-
Il lege Of purchasing same at its mar
4 ket value; failing to avail them
/ selves Of this privilege, he shall
! have the right to dispose Of it as he
Y sees fit. All transfers of stock shall
II be made On the books Of the cOrpor-
lization. and until SO done shall be Of
1 no effect.
i FOURTH.
II The corporate powers Of this cor
u poration shall be vested ii and ex-
! ereised by a board of directors COM
/ posed of three members, two Of
! whom shall constitute quorum foI
Il the transaction Of all corporate bus
i mess. Should vacancy occur in the
i board, those remaining shall fill th'
J, vacancy by choosing a stockholde!
i to fill the unexpired term. Sale
! board shall be elected annually or
! the first Monday in January of each
! year. beginning with the year 1911
i Each share Of stock shall be entitled
4 to one. vote to be cast in person o.
U BY written proxy, and at all elec.
] tions and meetings of stockholders
i majority Of votes shall elect. Ter
I days prior notice shall be given il
II writing to stockholders Of all spe.