The Caucasian. (Shreveport, La.) 1900-192?, 1903-02-04
CHARTER
Of The w. K Henderson Iron Works
and Supply Company, Limited.

State of Louisiana, Parish of Caddo:
Be it known that this day before ME,
F. B. Herndon, a notary public in and
for said parish and State, duly appoint
ed and qualified, and in the presence Of
| witnesses hereinafter named, and I'M
dersigned, personally came and appeared
| the several persons whose names are
| hereunto subscribed, and declared that,
availlng themselves of the provisions of
Act No. SO of the General Assembly of
the State of Louisiana, approved Janu
ar 2o, 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 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 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 en- Joy Success
| sion for the term of ninety-nne 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
at pleasure; to hold receive, lease and
purchase, ALLEVIATE and convey, as we'll
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
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 pres-
| 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.
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
| SSi1SI al SuppllCS, dIoO " iii d SCll-
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
| ($3oo.ooo), to be divided into three
| thousand $4,000 shares of one hundred
dollars ($1oo) each; provided that the
corporation may commence business
when two thousands (2,ooo) shares 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 bv the corporation.
ARTICLE V.
All 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
tlary beginning in the year nineteen hun
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 a 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
agement 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
said corporation.
ARTICLE vi.
This charter may be modified,
changed Or altered, OF 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 1iquidated |
by two commissioners elected by the |
stockholders, who shall have full power
to ws,d up its affairs, dispose of its as
sets, settle its liabilities and distribute |
the proceeds among the stockholders.
ARTICLE VII. |
No stochofder 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