The Caucasian. (Shreveport, La.) 1900-192?, 1905-01-03

AY, JANUARY 3, 1905.
corporation ard body polite in law
! for the purposes and objec's, and under
the stipulations, articles and condition:
| following, to-wlt:
ARTICLE |.
SThe name and title of said corporation
| shall be the Signor Burton Tie Company
Limited, and its donncile is hereby es-
tablished in Shreveport, State of Louis
lana; and under it's corporate name
said corporation shall have the power tc
contract, sue and be sued to make and
use corporate seal, and the same tc
break and alter at pleasure; to hold, re-
ceive, have, purchase, improve, ALLEVIATE,
convey, sell, borrow, pledge, mortgage
and hypothecate under its said corporats
name property, real personal and mixed ;
TO name nd appoint such. officers, di-
ployes, as the interest or convenience of
the corporation may require; to make
and establish bylaws, rules and regula-
tions for the proper management and
regulation of its affairs, as may be
deemed necessary and proper, and the
same to alter and change at pleasure; !;
and to do all other acts and things per-
nlitted by law, Or as shall be necessary
and proper to carry, out the objects and
purposes of this corporation.
Said corporation, unless sooner dis
solved in accordance with its charter,
shall exist and continue for a period of
ninety nine years from and after the
date hereof =, >,.
The president, Or in his absence, the
vice-president, shall be the proper per-
son upon whom citation or other legal
process shall be served.
ARTICLE II.
The objects and purposes for which
this corporation is organized. and the
nature of the business to be carried Or
by it, are declared to be the following.
so-Wit: To manufacture, buy and sell
railroad timbers and ties, and generally
i'll such material as is used in the con-
struction OF railroad work, and for this
purpose to acquire lands and property
% construct, purchase, or otherwise ac
luire such buildings, factories or ma
chinery or implements as may be neces-
sary and proper for the carrying ott Of
such objects.
ARTICLE III.
The capital stock Of this corporation
shall be one hundred thousand dolIars
vided into and resented one
thousand shares Of one hundred dollars
each, which stock shall be paid for at
the time of IT'S subscription in cash OF
IN property OF for other valuable con-
siderations or services, as the Board Of
Directors may determine.
Any stockholder may sell, assign or
Iansfer his stock in this corporation
provided tel, days prior notice OF such
intention be given the Company, and the
stockholders thereof shall have the hrst
privilege of purchasing the same, after
which thirty days notice the stock may
oe sold in the open market. All trans
fers of stock must be made on the books
ST the Company at its office in Shreve-
port, La.
This corporation shall commence bus
mess as soon as fifty thousand dollars
IF its stock shall be subscribed for and
,aid for in cash or its equivalent.
ARTICLE ".
The corporate powers of this corpora
ton shall be invested in a board Of
shree directors, two members Of which
shall constitute quorum for tl.e trans
action of business, and their decision
shall be corporate acts. The following
persons shall constitute the first board
If directors: George w. Signor, w. w.
Burton and Charles w. Billietter, with
=
Ieorge w. Signor as president, w w.
Burton as vice-president and Charles
Billietter as secretary and treasurer
person shall be eligible as a directoa or
officer who shall not be a stockholder
Said board and officers shall continue in
office until the first Mon lay in February,
Ioo6, on which date, and thereafter an
auafly, board Of directors and officers
shall be elected, unless said day shall
be a legal holiday, when the election
shall be held on the next legal day there
after. Ten days written notice of said
lection must BE given each stockholder.
Any failure from any cause whatever TO
.lect directors on the day named for thai !
purpose shall not dissolve the corpora
ion, but the directors ard officers then
in Office shall hold OYER until their sue
l:esors shall be elected.
The election Of directors shall be by
ballot, and the majority in amount Of
1otes cast, each share Of stock voted to
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