The Caucasian. (Shreveport, La.) 1900-192?, 1903-03-05
CHARTER
OF The W. K Henderson Iron Works
and Supply Company, Limited.

for said parish and State, duly appoint
ed and qualified, and in the presence of
witnesses hereinafter named, and un-
dcrsigned, personally came and appeared
the several persons whose names are
hereunto subscribed, and declared that
availing themselves of the provisions of
Act No. 50 of the General Assembly Ct
the State of Louisiana approved Janu
ar. 20, 1893, as we'll as those of the gen.
eral laws of the State relative to the
laws of organization of corporations,
they have formed and do by these pres
ents form and organize this into a cor
poration, for the objects and purposes
and under the stipulations hereinafter
set forth, which they do hereby accept
as their charter, tO-Wit
ARTICLE l.
The name and title of said corporation
.hall be The w. K. Henderson Iron
Works and Supply Company, Limited,
and by that name it shall have power
and authority to have and enjoy success
sion for the term of ninety-nine years
from and after the date hereof; to con-
tract sue and be sued to make and use
corporal seal and the same to change
ARTICLE II.
The donicile of said corporation shall
be in the city of Shreveport, Caddo par
1sh, Louisiana, and all citations and legal
processes shall be served on the presi-
dent of said corporation, or in his alb
sence upon the vice president and IN
case of the absence of both, on the sec
rotary at the office of said corporation.
as mortgage and hypothecate property,
real nerSnno1 md ,,,ix-aI. i
appoint such managers, directors, off
GERS and agents as the interest of said
corporation as may be necessary and
proper, and the same. to alter at pleas
ure.
ARTICLE. III.
The purposes for which this corpora
ton is organized and the nature of the |
business to be carried on by it are de- |
ciared to be: The manufacture of ma !
chimes of various kinds; also buying
and selling of machinery hardware and |
general mill supplies also to run a gen
eral repair shop, including foundry bus
lness-or to be more specific, to make |
buy and DO anything pertaining to wood, |
iron and other metals
ARTICLE ".
The capital of said corporation shall
be three hundred thousand dollars
tS3oo,ooo), to be divided into three
thousand $4,000 shares of one hundred
dollars ($Ioo) each; provided that the
corporation may commence business
when two thousands (2,ooo) shares of
LIsm Sc AoAuoo pue 7leueIr 'esE4oInd
pue ssesI 'sA!sosI 'pIoq o. :9mseoId IT
poration shall be vested in board of
stock are subscribed and paid in.
This stock shall be paid for in cash,
or its equivalent, when subscribed for,
OF the same may be issued at not less
than par, in payment of property pur-
chased bv the corporation.
49,. ARTICLE ".
All the corporal powers of said cor
directors, to be composed Of five stock
holders, which board shall be elected
annually on the second Monday in Jam
uary beginning in the year nineteen hum
dred and four.
The first board of directors is de-
clared to be w. K. Henderson, w. S.
Dunkin, w. F. Dillon, P Carson and
John R. Jones, with w. K. Henderson
as president, w. F. Dillon, vice presi-
dent, and W. S. Dunkin as secretary
and treasurer. Said board to serve until
1904, or Until their successors al dtilp
elected thereto.
The directors shall be elected by the
stockholders. Each share of stock to be
entitled to one vote, to be cast Ivy its
owner or in proxy, and the majority of
votes cast shall elect. Three directors
shall constitute quorum.
The president shall or may appoint
from time to time, and dismiss at pleas
IRE, such managers, agents and employees
as may be deemed necessary for the pur-
poses and business of the corporation.
The board of directors may make
such laws and regulations for the man
agement of the business as they may {
deem necessary, and amend and alter
same; and shall have power to contract
debts, borrow money, issue bills of ex-
change, notes, acceptances, execute
mortgages, and generally do all things
Incident to the object and purposes of {
said corporation. II
ARTICLE VI. |,
This charter may be modified, S
hanged Or altered, or said corporation l.
dissolved, with the consent OF three {
lourths of the amount of capital stock {
>PA NS>hINA Of any SSiiCl dI Oh
he stockholders convened for that pur-
bose after ten (1o) days previous no.
ice shall have been published in one of
he daily newspapers in the city of
Whenever this corporation is dis
olved, from limitation Or from any 9TH
r cause. its affairs shall be liquidated
y two commissioners elected by the
tockholders, who shall have full power
0 wind up its affairs, dispose of its as
cts, settle its liabilities and distribute
he proceeds among the stockholders.
ARTICLE VII.
No stocholder shall be liable for the
or faults of said corporation
any further sum than the unpaid bal
nee due to the corporation on shares
'wned by them
No share of stock shall be trans
erred sold Or diSnosed If without tho |