The Caucasian. (Shreveport, La.) 1900-192?, 1903-02-19
CHARTER
Of The W. K. Henderson Iron Works
and Supply Company, Limited.

Be it known that this day before me,
f. B. Herndon, a notary public III and
for said parish and State duly appoint
ed and qualified, and in the presence of
witnesses hereinafter named, and I'M
dersigned, personally came and appeare6
the several persons whose names are
here1nto subscribed, and declared chat,
avaiIing themselves Of the provisions OF
Act No. 60 Of the General Assembly %
the State Of Louisiana, approved Janu
ar 20, 1903, as we'll as those of the gen
eral laws OF the State relative to che
laws of organization of corporations,
they have formed and do by these pres-l
ents form and organize this into a cor,
poration, for the objects and purposes
and under the stip,1iations hereinafter
set forth, which they do hereby accept,
as their charter, to-wit:
ARTICLE o.
The name and title Of said corporation
shall be The w. K. Henderson Iron
Works and Supply Company, admitted,
and by that name it shall have power
and authority to have and aMjoy Success
sion for the term of ninety-rine years
from and after the date hereof; - con-
tract, sue and be sued; to make and use
a corporal seal and the same - change
ARTICLE m
The @micile OF said corporation shall
be in the city of Shreveport, caddo par,
sh, Louisiana, and all citations and legal
processesgshall be served on the 'presi
dent of Said corporation, or in his alb
sence upon tie vice president, ana IN
case of the absence of both, on che sec
rotary at the office Of said corporation.
as mortgage and hypothecate property.
real, persona and mixed; q name and
appoint such managers, directors, Off
GERS and agents as the interest % said
corporation as may be necessary and
proper, and the same to alter at pleas
TIRE.
ARTIC1F III.
The purposes for which shis corpora
ton is organized and the nature of the
business to be carried on by /. are de-
clared to be: The manufacture of ma
chimes of various kinds; also buying
and selling of machinery, hardware and
general mill supplies; also to run gen
eral repair shop, including foundry bus-'
iness-or 10 be more specific, to make,
buy and do anything pertaining to wood,
iron and other metals.
ARTICLE 1V.
The capital of said corporation shall
be three hundred thousand dollars
(S3oo,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
UeM Sc 'AeAuoo Pue 91pu9He 'os5qoInd
pue ose9I '7A!eoo1 'plo4 o. :oIWsroId 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,
than par, i'll payment of property pur
chased br the corporation
ARTICLE V.
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 jan
uary beginning in the year nineteen hun
dred and four.
The first board of directors is de.
c1ared to be w K Henderson, ". 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 are duly
elected thereto.
The directors shall be elected by the
stockholders. Each share of stock to be
entitled to one vote, to be cast by ftsa
owner or in proxy, and the majority Of
Il, Il Il,
shall constitute quorum.
The president shall or may appoint
from time to time, and dismiss at pleas
ure, such managers, agents and employees
as may be deemed necessary for the pur-
poses ard 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.
ARTICLE VI.
This charter may be modified
changed or altered or said corporation
dissolved. with the consent OF three
fourths of the amount of capital stock
represented at any general meeting of
the stockholders convened for that pur-
pose after ten (Io) days previous no
tice shall have been published in one Of
the daily newspapers in the city Of
| Shreveport
Whenever this corporation O. dis
solved, from limitation Or from any 9TH
er cause, its affairs shall be liqnidated
by two commissioners elected by the
stockholders, who shall have full powcr
to wind up its affairs, dispose of its as
sets, settle its liabilities and distribute
| the proceeds among the stockholders.
ARTICLE VII.
No stocholder shall be liable for the
contracts or faults of said cornoration
in any further sum than the unpaid bal
ance due to the corporation on shares
h. =,