The Caucasian. (Shreveport, La.) 1900-192?, 1901-01-20
ARTICIE II


The corborate powers of this ompany
shall be vested in and exercised nv "A board
OF seven "a directors. consisting OF the
president who shall be the general man.
agerj vice president and five % st0c hold
cts Four of said board shall constitute =
quorum for the transaction Of business.
anu their decisions shall be valid corporate
acts
The following persons shall const itute
the first board of directors: Henry Rose
Preslden; and General Manager; Henry A
Fetzer Vice president; +. G.. MarSden SEC
rotary ami Treasurer aud J H. Gillispie,
y a Motley. L. i. Barlow and b r.
Pierce directors
No person shall be eligible AS director O,
an officer who is not a stock holder of this
company. During he absence OF the Dresi-
dent the vice president shall act and
preside
said board shall continue in Office until
the second Tuesday in January. 1902. ON
wflcn date and thereafter annually n
board OF directors shall De elected on the
second Tuesday in January of each wear.
unless the same should be a holiday. when
the election snail be held on the next legal
day thereafter. Notice of such election
shall be given by at least ten DAYS coutinu.
Gus publication Immediately preceding
each election, in one of the daily news
papers OF this city; and the boartl of iii.
rectOrs shall appoint one or more stock
holders to preside at such election as
commissioners. In the event of the failure
OF any commissioner or commissioners tc
attend, the president shall by appoint.
meht' Ill the vacancy Any failure from
any cause whatever TO elect directors she
day named for that purpose, shall not dis
solNe the corporation, but the directors
then III pihce, as we'll as the officers of said
company shall hold over until their sue
cessOrs are chosen. In such event the
president shall cause another election to be
held Wlthln thirty DAYS. and shall give no
tice thereof as herein above provided
A every election and meeting eaclr stock
holder shall be entitled TO vote for each
share OF stock registered in his name and
may vote by proxy
The election of directors shall be by hal
lot, and the majority in amount of votes
cast, each share of stock voted upon to he
counted Tor one vote, shall elect the person
OF persons Tor whom they have been cast
Alter each election the Board of Direc
TORS shall elect from their own number the
OFFICERS OF SAID company, including u Sec
Rotary and Treasurer.
ARTICLE V.
The Board of Directors shall have fulI
power TO NIL vacancies in their number
caused by death, resignation or otherwise
from among the stock holders of the cor.
pOratiOn.
The said Board shall have full control Of
the property OF this company. and shall 50
conduct, manage and use the same as i'm
their discretion they deem fit. and that /.
consistent with the objects of this corapany
Or he welfare of the same
he said Board is further authorized to
frame and adopt such bylaws. rules anC
regulations AZ the affairs and the husines.
OF the corporation may require. and as il
may deem necessary for the conducting and
management thereof: provided. the same
shall not conflict with this charter. or with
the laws of the state, or of the United
ne President and General Manager
shall appoint such agents. emnlores or
wants and clerks as he may deem necessary |
Ior the conducting of the business of the
corporation: fix their compensation. term
OF service, with the right to dismiss them