The Caucasian. (Shreveport, La.) 1900-192?, 1901-01-16
CHAR T f r
Of the J. L. Means Machinery Com
panv, Limited.

pany, Limited.
State of Louisiana. Parish of Caddo, per-
sonally came and appeared the parties;
whose names are hereunto subscribed, all
of full age, who declared that, awaiting
themselves of the provisions of the laws OF
this State relative to corporations, and eS-
pecially of Act 80 of 1883 of the General AS
sembly of Louisiana, they have covenanted
and agreed and by these presents covenant
and agree, and bind themselves, as well as
such other persons as may hereafter De
come associated with them, to form and
constitute corporation and body polltlc
in law, for the purposes and OBJECTS; ana
under the stipulatiOns, articles ana condl-
tions following, to-wit:
ARTICLE l.
The name and title of the said corpora
ton shall be the 81 L. MEANS. MACHlN-
cry COMPANY, LIMITED" and its
domicile is hereby established in the city
of Shreveport, State of Louisiana; and
under its said corporate name, sald corpo-
ration shall have power and authority 10
contract, sue and he sued to make and use
a corporate seal, and the same to break ana
alter at pleasure; to hold, receive, have
purchase, improve, ALLEVIATE, convey, sell,
borrow, pledge, mortgage and hyothecate,
undet it's said corporate name, property,
real personal and mixed; to name and aD-
and managers, or employees, as the inter
est or convenience of said corporation may
require; TO make and establish bylaws,
rules and regulations for the proper man
agement and regulations for its AFFAIRS, as
may be deemed necessary and proper, ana
the same to change and alter at pleasure;
and to do all other acts and things perBntt-
ed by law, or as shall or may be necessary
and proper to carry on the objects and pur-
poses of said corporation.
Said corporation unless sooner dissolved
in accordance with its charter, shall exist
and continue for the period of twenty-five
(25) years from and after the date hereof
The president, or in his absence the wee
president OF secretary shall be the proper
person upon whom citation or other Iega
process shall be served.
ARTICLE II.
The objects and purposes for which this
corporation is organized, and the nature o.
the business to be carried on by 1T, are de
clared to be the following tO-wit: To dc
a general machinery business, and to thai
end purchase, sell and manufacture ma
chinery and boilers of all and every de
scription.
ARTICLE III.
The capital stock of the said corporation
shall be Fifty Thousand (S50,OGO) Dollars
divided into and represented by Five HuI
dred shares 600 of the sum of One Hun
bred (S100) DOLLARS each, which said stool
shall be paid for in cash at the time OF sub
scription, or the same may be issued at no
less than par, in payment or exchange 10
property or rights actually received
or purchased by said corporation, o
the same may be issued, full paid, TO
money advanced, and for such other valua
| BILE consideration or services as the boar
| of directors of said corporation may az
termine, provided, that no stock shall b
issued until the consideration therefor ha
been received by the said corporation.
| Anv stakeholder may sell, assign c
transfer his stock in this corporation, pr'
vided thirty 800 days prior notice of sue
| intention to sell, assign or transfer I'll
same be given the company, and the otht
stockholders thereof shall have the tir'
privilege of purchasing same, after whlc
thirty days notice the said stock may
sold in open market.
The stock of said corporation may
transferred under the above condition
provided such transfer thereof be made {
the books of said company, at its Office
the city of Shreveport, La, and on su
render of the certificate thereof. Notran
fer of any fractional part Of the share sha
be made.
This corporation shall commence dOiI
business as soon as One Hundred (SlC
shares of the capital stock shall have De-
! subscribed for. The Board OF Dlrecto
shall have the right to determine no
much stock shall he issued.
( ARTICLE ".
The corporate powers of this compal
shall be vested i'm and exercised by a boa
| of three directors, consisting of the pre-
dent (who shall be the treasurer of "a
corpOration). vice-president and one stoc
holder, two of said board shall c0nstltu
a quorum for the transaction of buslne
and their decision shall be valid corpora
acts
The following persons shall cOnstitI
J the first Board Of Directors: j. l.. Mea
president; X. :. Munger, vice-president;
T. Munger, secretary.
No person shall be eligible as director,
an officer who is not stakeholder OF I
company. During the absence of the PR
dent, the vice-president shall act a
preside.
Said board shall continue in Office III
the second Tuesday in January 1902,
which date and thereafter annually
board of directors shall be elected on
second Tuesday in January or each yt
unless the same should be a holiday, WI
the election shall be held on the next lie
= day thereafter.
= Notice of such election shall be given
at least ten days continuous publcat
Immediately preceding each election,
At | one of the daily newspapers Of this C
and the board of directors shall appC
. one or more stockholders to preside
such election as commissioners.
In the event of the failure OF any G
missioners to attend, the president sh
by appointment, fill the vacancy. !
failure from any cause whatever, to e
directors the day named for that purI
y shall not dissolve the corporation, but
directors then in Office, as well as the
al GERS of said company, shall hold over u
~ their successors are chosen. In such e.
e. the president shall cause another cleo
to be held within thirty days, and S
Sd give notice thereof as hereinbefore
Vided.
At every election and meeting each st
holder shall be entitled to vote for
share ofstock registered IN his name,
may vote by proxy.
The election of directors shall be By
20 lot and the majority in amount OF '
- cast. each share of stock voted upon
~ counted fos one vote, shall elect the pc
nd Il r persons for whom they have been
fleE.each< eiecSon the Board Of Dir
rom their own nun.