The Caucasian. (Shreveport, La.) 1900-192?, 1903-05-21
CHARTER
RTHE w. V. HEARsg COMPANY
LIMITED.
United States Of America, State "a

HlSslOned and, quallhed, and IN presence
OF the witnesses hereinafter undersigned
PERSONALLY came and appeared the sew
kcral persons whose names are hereuntO
ksubscrlbed. Ono severalIy declared that
Iavalllng themselves % the provisions Of
ithe laws OF this State relative to she
d Organization OF corporations, ehev have
fcontracted and agreed, and do BY these
!presents agree and bind themselves, as
Dwell as such othee persons as may here
tattef become associated with them. to
form and constitute a corporation and
lbody corporate i'll law, for the objects
land purposes and unde, che agreements
3 and stlpulatlOns hereinaftee So forth and
teNpressed
h ARTICLE o
7 The Same % this corporation shall bes
THE w. H. HEARNE COMPANY.
LIMITED" ande, which name it shall
have corporate existence and succession
fof a period al ninety-nine years from
the date Of this act, and shall have oower
| to contract, sue and be sued. 20 purchase.
lease, mortgage, pledge, ALLEVIATE OF en-
lcu1nber zeal estate or personal property
Pot every description, and generally do
have and exercise, for all purposes con-
nected with or incidental to its business
as hereinafter see forth, all powers con-
ferred upon corporations bs the laws of
the State CO Louisiana
ARTICLE Il.
The domlcile of this corporation shall |
be in the city of Shreveport, State of |
Louisiana. Citation and all other legal
process shall be served upon the presi-
dent of the company, and in his absence |
on the secretary Surer Of the COM
pany.
%RTICLE III.
This cornoratioh is organized for the |
purpose of purchasing and selling lands,
timber and personal property, and the
purchase, manufacture and sale of 1rm-
Der, and to buy, manufacture and sell |
articles made of lumber, and to establish |
and conduct a saW-mill business, and to
carry on general merchandise business,
and to purchase and sell goods. wares
and merchandise
ARTICLE ".
The capital stock of this corporation
shall be twenty-five thousand ($25,ooo)
dollars, to be represented by swo hun
dred and fifty (25o) shares of capital
stock of the par value of one hundred
(SIoo) dollars. This corporation shall
commence business when ten thousand
(SIo,ooo) dollars of the capital stock are
subscribed and paid for All stock shall
be fully paid for in money or its equiva-
lent IN property, before certificates there
for shall issue. All transfers of stock
shall be made on the books of the COM
pany.
ARTICLE v
All the powers of this corporation
No fnI ID F1,- |
Board of Directors, consisting of three
who shall be Selected at
the annual meetino of the shareholders,
to be eiccted on the first Wednesday in
February of each year. notice of this
meeting shall be published ten days prior
to the holding thereof, in one daily news
paper published in the city of Shreve-
port, La. At said meeting every share
holder shall be entitled to cast one vote,
in person or by proxy, on every share of
votes cast shall elect. The Board of
which said meeting shall be held and the
votes cast and the result ascertained The
failure to hold any annual meeting shall
icers then in office shall continue in Of |
as soon as possible.
The Board of Directors of this cor
ooration shall exercise all the powers,
both general and special, vested in this
as fully in everv respect as
he same might be exercised by the
stockholders of the company, and shall
n no case be required to summon a
Meeting of the shareholders of the com
t0 rot1fxy a,,tf
ract, alienation or encumbrance done or {
entered into by the said board. '
The first Board of Directors of this {
company, who shall hold office until the
irst Wednesday of February, 1904, and
Until their successors are elected and
Qualified, shall be: D. G. Richardson, w
/. Hearne and J. G. Newberry, with D.
= Richardson as president, w. H
dearne vice president, and J. G. New
'errv secretary, who shall also be treas
lrer. ID
The officers of this corporation shall be
reasurer. Every director shall own at
east one share of the capital stock Of
his company. r
ectors not present in the city of Shrete-
Wv AsaJ SifS tlISu plOhy VI poNSi oif
ttorney to director present, who may
e present to cast the vote Of the absent +
irectors on all matters that may come \
efore the board, in such sense as the |
irector to whom the proxy is given may
ee proper, or the proxy may contain
pecihc directions how and in what sense
ne vote of the absent director shall be
asst.
ARTICLE VI.
This charter may be amended by
ote of three-fourths of the stockholders
ED at general meeting convened for
lat purpose, after fifteen days notice
ublished in one of the newspapers pub
shed daily in the city of Shreveport.
nd after copy of the notice of said
leeting shall have been mailed to each
lareholder at his address, or left with -
lie secretary Of the conpany; and the -
1rpOratIOn may be dissolved with the -