The Caucasian. (Shreveport, La.) 1900-192?, 1903-03-19
CHARTER
Of The w. K Henderson Iron Works
and Supply Company, Limited

| witnesses hereinafter named and IN
| dcrsigncd, personally came and appeared
| the several persons whose names are
| hereunto subscribed. and declared that,
2yalljng themselves IF the provisions of
| Act No. IS of the General Assembly Of
| the State Of Louisiana, approved }anu-
| ar 20, 1858, as we'll a. 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
poratlon, for the objects and purposes
and under the stipulations hereinafter
set forth, which they do hereby accept
as their charter, to-wit:
ARTICLE l.
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 wears
from and after the date hereof; to con-
tract, sue and be sued; to make and use
corporal seal and the same to change
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 prcsi- |
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 surh 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 (S1oo) each; provided that the
corporation may commence business
when two thousands (2,ooo) shares of
IIsM Sc A9Auoo puE oleua!Ir 'eSsqoInd
pue ssesI '9A!!soeI 'pIoq o. :7Inse9id IT
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 a. 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 Jan
uary beginning in the year nineteen hum
dred and four l.
The first board Of directors is de-
elared 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 duly
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 oroxy, and the majority of
votes cast shall elect. Three directors
shall constitute a 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-
change, notes, acceptances, execute
mortgages, and generally do all things +
incident to the object and purposes of g
said corporation
ARTICLE VI {
This charter may be modified, | t
changed or altered, or said corporation c
dissolved, with the consent OF three ]
fourths of the amount of capital stock /
represented at any general meeting of T
he. stockholders convened for that pur- c
bose after ten (Io) days previous no. a
ice shall have been published in one of J
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 lquidated a
by two commissioners elected by the v
stockholders, who shall have full power T
o wind up its affairs, dispose of its as /
ets, settle its liabilities and distribute a
he proceeds among the stockholders. @
ARTICLE VII. t.
No stocholder shall be liable for the
contracts or faults of said corporation /
n any further sum than the unpaid bal
nee due to the corporation on shares I
'wned by them
No share of stock shall be trans b
erred, sold or disposed of, without the Il
tockholders first giving thirty (3o)
lays notice to other stockholders and
flowing them the privilege of first pur- .
hac 9r1rr eto~