The Caucasian. (Shreveport, La.) 1900-192?, 1903-02-11
CHARTER
Of The w. K. Henderson Iron Works
and Supply Company, Limited.

L
| for said parish and State, duly appoint
ed and qualified. and in the presence of
witnesses hereinafter named. and I'M
| derslgned, personally came and appeared
| The several persons whose names are
hereunto subscribed, and declared that.
availing themselves of the provisions Of
Act No. SO of the General Assembly of
the State of Louisiana, approved Janu-
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 cor
poration, for the objects and purposes
| and under the stipuations hereinafter
set forth, which they do hereby accept
| as their charter, to-wit:
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-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
ARTICLE II.
The domicile of said corporation shall
be in the city of Shreveport, Caddo par
isl, 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 III
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 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
(S3ooooo9. to be divided into three
thousand $4,000 shares of one hundred
dollars l$Ioo) each; provided that the
corporation may commence business
when two thousands (2ooo) shares of
H9M Sc sheAuoo pue 9leuoHp 'esEqoInd
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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 at not less
than par, in payment of property pur
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 JAM
nary 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
1904, Or until their successors are dulv
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
Tire, 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
agen1ent 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 |
and generally do all things
incident to the object and purposes of
said corp grafton.
ARTICLE VI.
This charter may be modified.
changed or altered, or said corporation
fourths of the amount of capital stock
represented at any general meeting of
he stockholders convened for that pur-
bose after ten (Io) days previous no.
ice shall have been published in one of
he daily newspapers in the city OF
. Whenever this corporation is dis
solved, from limitation Or from any 9TH
II cause, its affairs shall be liquidated
~ two commissioners elected by the
stockholders, who shall have full power ;
o wind up its affairs, dispose of its as
cts, settle its liabilities and distribute {
he proceeds among the stockholders.
ARTICLE VII.
: No stocholder shall be liable for the
ontracts or faults of said corporation {
n any further sum than the unpaid bal /
nee due to the corporation on shares {
'Wned by them i
No share of stock shall be trans y
erred, sold or disposed OF, without the I
4 I