The Caucasian. (Shreveport, La.) 1900-192?, 1903-02-12
CHARTER
OF The ". K Henderson Iron Works
and Supply Company, Limited

Be it known that this day before ne.
E. 3. FIerndon, a notary public IN and
for said parish and State. duly appoint.
ed and qualified, and III the presence Of
witnesses hereinafter named. and IN
= dersgned. personally came and appeared
the several persons whose names are
hereunto subscribed. and declared that.
availing themselves Of the provisions OF
Act No. 60 of the General Assembly of
the State of Louisiana, approved Janu-
ar. 20, 1903. as well 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 cor
poration, for the objects and purposes
and under the stipulations hereinafter
set forth, which they do hereby accept
as their charter, to-wlt:
ARTICLE |.
The name and title of said corporation
shall be The w. K Henderson Iron
Works and Supply Company, Limited,
and bv 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
a corporal seal and the same to change
at pleasure; to hold receive, lease and
purchase, ALLEVIATE and convey, as we'll
as mortgage and hypothecate property,
real, personal and mixed; to name and
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
IRE. E.. y
ARTICLE H.
The dor1icile of said corporation shall
be in the city of Shreveport, Caddo par
ish, Louisiana, and all citations and legal
processes shall be served on the presi-
dent of said corporation, Or IN his abb
sence upon the vice president, and III
case of the absence of both, on the sec
rotary at the office of said corporation.
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-:
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 a gen
era1 repair shop, including foundry bus
iness-or to be more specific, to make,
buy and do anything pertaining to wood,
iron and other metals.
ARTICLE:I ~.
The capital Of said corporation shall
be three hundred Il ousand dollars
fs3oo,ooo), to be divided into three
thousand $1,000 shares of one hundred
dollars fSIoo) each: provided that the
corporation may commence business
when two thousands (2ooo) shares of
stock are subscribed and paid in.
This stock shall be paid for III cash,
or its equivalent, when subscribed for
or the same may be issued at not less
than par, IN payment Of property ptir q
chased b. the corporation.
ARTICLE y
All the corporal powers Of said cor
poration shall be vested in a board of
directors, TO be canDosed ct FIVE stock
holders, which board shall be elected
annually on the second Monday III jan
uarv beginning IN the year nineteen hun
.1red and -four
The first board Of directors is de-
clared IL Be w, K. Henderson, w. S.
Dunkia, w. f. Dillon, p. Carson and
John r. Jones. with w. K Henderson
as presidents w. f Dillon vice presi-
dent. and w s. Dunkin as secretary
and treasurer. Said board to serve until
1000. or until their successors are dulv
elected thereto.
he directors shall be elected by the.
stockholders Each share of stock to be
entitled TO one vote, to be cast by its
owner or IN proxy. and the majority OF
votes cast shall elect Three directors
shall constitute a quorum.
he president shall Or may appoint
from time to time, and disir IS at pleas
ire, such managers, AGENTS. and employees
as may be deemed necessary for the pnr-
poses and business Of the corporation.
he board 81 directors may make
such laws and regulations fer the man
agenlent 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
ARTICLFsNI. l.
This charter may be modified |
changed or altered, or said corporation
dissolved with the consent OF three
fotirtfs of the amount of capital stock
represented at any general meeting of |
the stockholders convened for that pur-
pose after ten Io1 DAYS previous no-
fiee shall have been published in one Of |
the daily newspapers il the city of
Shreveport.
Whenever this corporation IS dis
solved, from limitation or from any 9TH I
er cause, its affairs shall be liquidated /
by two commissioners elected by the
stockholders who shall have full power
to wind up its affairs. dispose Of its as
sets. settle its Liabilities and distribute
the proceeds among the stockholders.
ARTICLE VII
No stakeholder shall be liable for the
contracts or faults If said corporationi
in any further SIM than the unpaid ball
ance due 70 the corporation on shares
owned by them
No share of stock shall be trans