The Caucasian. (Shreveport, La.) 1900-192?, 1903-03-15
CHARTER
Of The w. K Henderson Iron Works
and Supply Company, Limited


ed and qualified. and i'll the presence Of
witnesses hereinafter named. and I'M
derSig3cd, personally came and appeared
the several persons whose names are
hereurtO subscribed, and declared that.
avaling themselves of the provisions of
Act No. & If The General Assembly Of
the State If Louisiana, approved Janu-
ar, -, 1903, 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
cuts form and organize this into cor
poration, for the objects and purposes
and under the stipulations hereina fter
set forth, which they do hereby accept
as their charter, tO-Wit:
ARTICLE |.
The name and title of said corporation
shall be The w. X. 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 sam, 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 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, 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
(S3oo,ooo), to be divided into three
thousand (3,ooo) shares of one hundred
dollars ($Ioo) each; provided that the
corporation may commence business
when two thousands (2,ooo) shares of
IIsM Sc 'A9Auoo pue 9leu9Ie '9sGqoInd
pue ese7I 'eA!7o7L ''pIoq o. :oInse9Id lg
poration shall be vested in a boa~1 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 bv the corporation.
=. .4 ARTICLE V.
Il 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
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.
punkin, W F. Dif1on, 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
Ico4, or until their successors are dulv
elected thereto
The directors Shall be elected by the
Each share of stock to be
entitled to one vote, to be cast by its
owner or in proxy, and the ma jority of
votes cast shall elect. Three directors
shall constitute quoru1ns
The president shall or may appoint
from time to time and dismiss at pleas
ure, such managers, aoents and employees
as may be deemed necessary for the pur-
poses md business of the corporation
The board o. 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
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 |
with the consent OF three |
fourtlas of the amount of capital stock
represented at any general meeting of
he stockholders convened for that pur-
pose 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
oy two commissioners elected by the
stockholders, who shall have full power
o wind up its affairs, dispose of its as
'ets, settle its liabilities and distribute |
he proceeds among the stockholders.
ARTICLE VII.
No stocholder shall be liable for the
contracts or faults of said corporation
n any further sum than the unpaid bal
lnce due to the corporation on shares
,wned by them.
No share of stock shall be trans
.erred, sold Or disposed of, without the
,faclyan1Iarc H-ct &ofrfr (ooA |