The Caucasian. (Shreveport, La.) 1900-192?, 1903-06-14
stock, and notssubj ect to any assess

stock, and otssubject to any assess
ment.
Section l. Said stock shall be pais
for a. such times and in such manner
rs the board of directors may determine.
| The board of directors shall have full
power and control over the sale of all
stock that may be held by the company,
as treasury stock, with the full power to
sell such treasury stock, to fix the price
at which the same. shall be sold. ana
also the condition, einanner and provis-
ions fol- the sale thereof; stock paid up
and not subject to assessment may be
issued by said board of directors, at not
less than par value, in payment of Labor
done or property and rights actually re-
ce;ved by the said corporation.
ARTICLE V.
All the corporate powers of said COZ
roration shall be vested in and exer-
ciscd by board of directors, to be COM
posed of seven CD stockholders, each
of whom must be the owner of at least
| ten (Io) shares of the capital stock of
said company, who shall be elected an
nually ON the second Thursday of May
of each year.
All such elections shall be by ballot
and conducted at the office of said cor
Doration under the superintendent of
three commissioners, to be appointed by
the board of directors, and of which
election ten days prior notice shall be
given in one or more newspapers pub
lished in the cities of Leesville, State
of Louisiana, and Kansas City, State of
Missouri: and each stakeholder shall be
entitled to one vote for each share Of
stock standing in his name on the books
of the company, to be cast by proxy or
in person, and ajorlty OF votes shall
elect Any vacancies occurring among
the directors by death, resi- gnation or
otherwise. shall be f1lef for the re-
mainder of the year bv the remaining
directors; failure to eject directors on
the date above specified shall not dis
solve the corporation, but the directors
then in office shall remain in office until
their successors are elected and quail
fed, and shall cause to be had another
election as soon as possible thereafter,
after ten days prior notice thereof shall
have been given in one or more news
papers published in the cities of Lees
vile, State of Louisiana, and Kansas
| City, State of Missouri.
Said board of directors shall also
have full power and authority to borrow
naoney, execute mortgages, issue notes,
bonds or other obligations, and general
| ly to do all things reasonably necessary
for the proper carrying on of the bust
ness of the corporation, as also to issue
and deliver full paid shares of stocks or
bonds or obligations of said corporation
at not less than par, in payment of labor
done or money borrowed, or property
or rights actually received by said cor
poration; and to acquire and sell inven-
tons and letters patent pertaining to its
business, or license to use such irlven-
tons and letters patent.
| ARTICLE VI.
| The following named persons. to-wit:
| J. NJ Gore, ]. D. Justice, w. B. Betty,
F. S. Love, II. M. Harrison, S. G. War
ner and S. p Slope have been chosen
and selected as the first board of diree-
tors of said company, to serve as such
Until the first annual meeting or as here
in provided for, to-wit: the second
| Thursday in May, nineteen hundred and
four, or until their successors have been
/ elected.
]. NJ. GORE, q.
F. S. LOVE,
w E. BETTY.
IS WITNESSES. se+ts-s
/ B. +. LINE.
G. A. JOHNSON.
i Thus done and passed in my office in
said city of Kansas City, State of Mis-
sotiri, in the presence of Messrs. B. E
/ Line and G. A. Johnson competent wit
nesses of lawful age, both of this city,
who hereunto sign their names with
said appearers and myself, a commits
/ sioner, on the day and date aforesaid.
/ II. B. LEAVENS,
i Commissioner for the State of Louis
lana in Missouri
/ Having examined the foregoing act of
incorporation, and finding nothing
therein contrary to law, I approve the
same, May 9, 1908.
i J. R. LAND,
District Attorney First Judicial Dis
+ trict of Louisiana.
/ Endorsed: Filed and recorded May 9,
1908.
/ F. A. LEONARD,
Clerk and Ex-Oficio Recorder.
State of Louisiana Parish of Caddo:
T hereby certify that the above and fore
going is a true and correct copy of the
original act, as the same now appears
on file and OF record in my Office.
/ Given under my hand and seal of of
fee this 9th day Of May, 1908
S. O. WILLIAMS,
Deputy Clerk and Ex-Ofieio Deputy
4 Recorder.
It costs no more to have good station
cry for your business than the poor Kind.
| The good kind is the kind we do.