The Caucasian. (Shreveport, La.) 1900-192?, 1903-03-08
CHARTER
Of The w. K. Henderson Iron W"r'
and Supply Company, Limited.

State Of Louisiana, Parish II Ca,idr 1
Be it known that this day before ne
F B, HerndOn, notary rtlIic III and
for said parish and State, duly appoint |
ed and qualified. and in the presence. Ill
witnesses hereinafter named. and III.
dersigr1ed, personally came and appeared,
the several persons whose names are
herernto subscribed. and declared thHt.l
avai1ing themselves eff the Dr"Nlslol,> If
Act 10. % of the General Assembly If,
the State Of Louisiana, approved Janu'
ar 20, 1898, as we'll as those Of the se"-
eral laws Of the State relative - 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 accept
as their charter, to-wit:
ARTICLE |.
The Aame 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; to con-
tract, sue and be sued; to make ana use
a corporal seal and the same o. change
ARTICLE II.
The dolncile 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, eff
GERS and agents as the interest Of said
corporation as may be necessary and
proper, and the same to alter at pleas
tire.
ARTICLE Ill
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
(S3oo,ooo), to be divided into three
thousand $4,000 shares Of one hundred
dollars (SIoo) each; provided that the
corporation may commence business
when two thousands (2ooo) shares of
HoM Sc 'A9Auoo pue 74eu9HG 'oseqoInd
pue 7se9I 'eA!7o7I 'PIoq o. :7Inse9Id ~
poration shall be vested in a board OF
stock are subscribed and paid in.
" 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, lii payment Of property prr-
chased BY 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 hum
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
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
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
agernent 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-
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 is dis
solved, from limitation Or from any 9TH
er cause, its affairs shall be liqt1idated
by two commissioners elected by the
stockholders, who shall have full power
to wind up its affairs, dispose of it's 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.