The Caucasian. (Shreveport, La.) 1900-192?, 1903-03-29
CHARTER
OF The w. K. Henderson &on &o~k
and Supply Company, KNITTED.

|
witnesses hereinafter named, and I'M
| dersl gned, personally came and appeared
the several persons whose names are
hereunto subscribed, and declared Mlat
availing themselves of the provisions of
Act No. SO of the General Assembly Il
the State of Louisiana, approved tanu-
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 accep,
as their charter, to-Wit:
ARTICLE d
The same and title Of said corporation
shall 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; 20 con-
| tract, sue and be sued; to make and use
corporal seal and the same 70 change
ARTICLE H.
The do1nicile 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 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, 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-
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-
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
eral 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 ".
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
UsM Sc AoAuoo pue 9leueue '9sEqoInu
pue ssesI 'sA!sosI 'pIoq o. :9InseeId IT
poration shall be vested in board of
stor1- ,-a c,,bc~ribod ,,,J o,;d
This stock shall be paid for in cash,
or its equivalent, when subscribed, for,
or the same may be issued d. not less
than par, in payment of property pur-
chased bv the corporation. .-
~ - i 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-
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 are, dull"
elected thereto.
The 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 ma jority of
votes cast shall elect. Three directors
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 and business of the corporation.
The board of directors may make
such laws and regulations for the man.
agenent 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 (ro) days previous no.
tice shall have been published in one of
the daily newspapers in the city of
Shreveport.
Whenever this corporation is dis
solved, from limitation Or from any 9TH,
err 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 stocholder shall be liable for the
contracts or faults of said CORPORATION
in any further sum than the unpaid bal
ance due to the corporation on shares
owned by them.
No share of stock shall be trans
ferred, sold Or disposed of, without the
stockholders first giving thirty (3o}
I,ucs ,,ot;co o&tar o-I