The Caucasian. (Shreveport, La.) 1900-192?, 1901-01-23
CHA RI f r

CHA RI + Il
If the J. l.. Means Machinery Com
plny, Limited.
State Of Louisiana. Parish OF Cad1o per.
iOnally came and appeared the parties.
whose names are hcTeuntO subscribed, all
+ full age, who declared that. availin"
hem elves of the provisions If the laws o.
his state. relative to corporal ions, and es
cciallv of Act 81 Of 1883 of the General As
nbly Of Louisiana, they have cOvcnanted
nj agreed, and by these presents covenant
nd agree, and bind themselves. as well aS
uch other per sons rs may hereafter he
ONE associated with them, TO form and
Constitute corporation and body polite
n law, for the purposes and objects ana
Under the stipulatiOnS, articles and condi
ions following, To wit:
ARTICLE |.
The name and title of the said corpora
ion Shall be the - l.. MEANS MACHIN
cry COMPANY, LIMITED" and it,
lomicile is hereby established in the city
# Shreveport. State Of Louisiana; and
Inder its said corporate name. said corpo
alton shall have power and authority To
contract, sue and lie sued; to make and use
corporate seal, and the same to break and
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 ana mixed, to name and I'D
point such officers directors, agents 9nd
and man. gers. or employees, rs the inter
est or convenience of said corporation may
require; To- make and establish bylaws.
rules and regulations for the proper man
tl.tfe. tlu
may be deemed necessary ami proper, and
the same to change and alter at pleasure;
and to do all other acts and things perbIltt-
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 hive
(25) years from and after the date hereof
The president or in his absence the vice
president o. secretary shall DE the proper
person upOn whom citation or other legal
process shall be served.
ARTICLE II.
The objects and purposes for which this
corporation is organized, and the nature OF
the business to be carried on by it, are de
clared to be the following tO-wit: To do
general machinery business, and TO that
end purchase, sell and manufacture ma
scription.
ARTICLE III.
The capital stock Of the said corporation
shall be Fifty Thousand $4,000 Dollars
divided into and represented by Five Hun
dred shares 500 of the sum of One Hun
bred ($l0O) Dollars each which said stock
shall be paid for in cash at the time of sub.
scription, or the same may be issued at not
| less than par, in payment or exchange for
pia raIy oh
or purchased by said corporation, or
| the same may be issued, full paid, for
money advanced, and for such other valua-
| BILE consideration or services as the board
Of directors Of said corporation may de-
| termine provided, that no stock shall be
| issued until the consideration therefor has
| been received by the said corporation.
| ANY stakeholder may sell, assign or
| transfer his stock in this corporation, pro
vided thirty 600 days prior notice Of such
| intention to sell, assign or transfer the
same he given the company, and the other
| stockholders thereof shall have the first
| privilege of purchasing same, after which
| thirty days notice the said stock may be
sold IN open market.
The stock of said corporation may bt
transferred under the above conditions
| provided such transfer thereof he made OF
the books of said company at it's office M
the city of Shreveport, La, and on sur
| render of the certificate thereof NOtrans
fer Of any fractional part of the share shal
be made.
This corporation shall commence dofnl
business as soon as One Hundred (SlOO
shares of the capital stock shall have beer
subscribed for. The Board Of Director
shall have the right to determine how
much stock shall he issued.
ARTICLE ".
The corporate powers OF this company
shall be vested in and exercised by a boar,
of three directors, consisting of the presi
dent (who shall be the treasurer Of sait
corporatiOn). vice-president and one stock
holder, two of said board shall constitut
quorum for the transaction of business
and their decision shall be valid corporal
acts.
The following persons shall cOnstitut
the first Board Of Directors: j i. Means
president; r. :. Munger, yice-president; ;
L. Munger, secretary.
No person shall be eligible as director, q
an officer, who is not stakeholder OF thi
company During the absence of the pres
dent the vice-president shall act an
preside
Said board shall continue in Office unit
the second Tuesday in January 1902, O
which date and thereafter annually,
board Of directors shall be elected on tn
second Tuesday in January Of each yea
| unless Jne same SHOULD he n nOlludN. VINE
the election shall be held on the next leg
day thereafter.
Notice of such election shall be given !
at least ten days continuous publicatio
Immediately preceding each election,
one of the daily newspapers Of this cit
l and the board of directors shall appOii
one or more stockholders to preside
such election as commissioners.
In the event Of the failure Of any cor
missiOners to attend, the president sha
by appointment, fill the vacancy. Al
failure from any cause whatever, TO ele
directors the day named for that puTpO
shall not dissolve the corporation, but Il
directors then in office, AZ well as the Of
GERS OF said company, shall hold over unit
their SUCCESSORS are chosen. In such eve
the president shall cause another electi,
to be held within thirty days, and sha
give notice thereof as hereinbefOre III
vided
At every election and meeting each stoc
holder shall be entitled TO vote for ca,
share of stock registered in his name, al
may vote by proxy.
The eleT.on of directors shall be by b
lot, and the majority in amount Of vol
cast. EACH share of stock voted upon TO
cou2&d for one vote, shall elect the pers
on IONS for whom they have been ca
each election the Board Of Direct
elect from their own number q
r "A said company. -