The Caucasian. (Shreveport, La.) 1900-192?, 1903-02-08
CHARTER
OF The ". X. Henderson Iron WORKS
and Supply Company, Limited.

Be it known that this day before me.
f. B. Herr don. a notary puhhC IN and
for said parish and State, dn'y appont-
ed and qualified. and in tlc presence VI
witnesses hereinafter named. and IN
dcrsigned. personally came and appeared
the several persons whose names are
hereunto subscribed. and declared that,
ayailing themselves OF the provisions Of
Act No. 70 Of the General Assembly OF
the State of Louisiana, approved Janu-
ar &c, 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 cor
DoratiOn. for the objects and purposes
and under the stipulatlons hereinafter
set forth, which they do hereby accept
as their charter, tO-W1t:
ARTICLE |.
The name 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-nlne years
from and after the date hereof; to con-
tract, SHE 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 well
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
nroper, and the same to alter at pleas
ire.
ARTICLE II.
The domicile 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 preSl-
dent of said corporation, or iii 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
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 gen
eral repair shop, including foundry bus
iIless-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
fS3ooeoot, TO be divided into three
thousand 5000 shares Of one hundred
dollars {$Ioo9 each; provided that the |
corporation may commence business
when two thousands e2.ooo1 shares of
stock are subscribed and paid in.
This stock shall be paid for in cash.
or lis equivalent. when subscribed for,
or the same slllay be issued at not less
than BAR, in payment of property pur
chased H. the corporation.
ARTICLE
Al the corporal powers of said cor
poration shall BE vested in a board Of |
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.
Tie first board Of directors is de-
eiared to be- ". K Henderson, w S.
Dunkin, r. Dillon, p. Carson and
John r. Jones' with w K Henderson
as president, M. F.. Dillon. vice presi-I
dent. aud W S. Dunkin as secretary
and treasurer. Said board to serve until
1904 or until their successors are du1v /
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 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
lire, such managers. agents and employees
as may be deemed necessary for the pur-
poses and business of the corporation
he board Of directors may make.
such laws and regulations for the man
agernet1t of the business as they may
deem necessary, and amend and alter
same and shall have power to contract
debts, borrow money. issue bills 81 eS-
change, notes, aeeeptances, 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
folirths OF the amount of capital stock
represented at any general meeting of
the stockholders convened for thar pur-
pose after ten tIol days previous no.
tlce shall have been published In one of
the daily newspapers i'll the city Of
Shreveport
" fenever this corporation is dis
solved, from limitation or from any otli-
er cause its affairs shalt be liquidated
by two commissioners elected by the
stockholders who shall have full power
TO wind tip its affairs, dispose Of its as
sets, settle its liabilities and distribute
the proceeds among the stockholders.
ARTICLE VII. Il
u No stoeholdef shall be liable for thel
contracts or faults of said corporation
IN any further sum than the unpaid bal
ance die te the corporation on shares
owned BY them.
No share of stock shall Be trans
ferred. sold or disposed al. without the
So i - 8