The Caucasian. (Shreveport, La.) 1900-192?, 1905-02-07

pdhs. vi III llo dbSShSS vi liIS VIM plSoA-
dent, or in the absence of both the pres
stockholders who shall be elected by
the stockholders annually at a stock
holders meeting to be held at the domi-
cile of the company on the first Monday
in January of each year, and who shall
continue in office for one year, or until
other officers are duly elected and in
stalled.
The first board of directors of this
corporation shall be A. B. Ivey, w. T.
Smith and William H. Cox, and said
board shall hold office until the first
Monday i'll January, 1906. The first Of
fcers Of this corporation shall be A. B.
Ivey, president; w. T. Smith, vice pres
ident. and William H. Cox secretary
and treasurer
+ The board. of directors shall have
power and authority to select such
agents, managers and employees as may
be necessary in the conduct of the bust
ness of this corporation.
ARTICLE V.
The capital stock of this corporation
is hereby fixed at five thousand dollars
($5,ooo.oo) to be divided into fifty (so)
shares of the par value of one hundred
dollars ($Ioo.oo) each, to be paid for in
cash, or its equivalent, at the time oil
the issuance Of the stock. The said
company shall commence business as
soon as thirty (3o) shares of the said
stock is subscribed and paid for in full.
The stock shall be transferable only
on the books of the company and by de-
livery of the certificate of stock and its
cancellation by the corporation, for
which new stock shall be issued to the
transferee of such stock
ARTICLE VI.
This corporation may be dissolved or
this charter amended at any time by a
vote of two-thirds of the stockholders
at a meeting called for that purpose
after thirty days written notice, mailed
to each of the stockholders at their
usual postoffiee address; provided said
notice may be waived and such meeting
held before the expiration of said time
by the unanimous consent of all the
stockholders.
Whenever this corporation is dis
solved, by limitation or otherwise, its
affairs shall be liquidated by two liqui-
iators appointed by the stockholders for
that purpose, who shall give such bond
and security as may be required of them
and perform such duties and have such
rights as may be fixed by the stock
holders.
ARTICLE VII.
No stakeholder shall ever be held
liable or responsible for the contracts or
faults of this corporation in any further.
sum than the unpaid balance due to the
company on the shares owned by him,
nor shall any mere informally in the
have the effect of rendering
this charter null or Of exposing any
stakeholder to any liability beyond the
amount OF his stock.
In testimony whereof the said parties
have hereunto affixed their names in
presence of me, notary, and the UNDER
signed attesting witnesses, after due
reading on this the 10Th day of Janu-
ary, IQo5.
w T. SMITH, 10 shares.
A. B. IVEY, 10 shares.
VIM. II. COX, 10 shares.
Attest:
]. c. PUGH.
F. NJ. WILLIAMS.
]. A. THIGPEN.
Notary Public.
State Of Louisiana, Parish Of Caddo:
/, James M. Foster, district attorney for
he First Judicial District of the State
II Louisiana, in ami for the Parish OF
-addo, have this day examined the fore
soing act of incorporation of the Smith
.vey Company, Limited. and finding
lothing therein contrary to law, here
y approve the same.
Done and signed officially on this the |
9th day of January a. D. zoos.
]. NJ. FOSTER, |
District Attorney. |
Endorsed: Filed and recorded Janu-
~ 70. 1905.
S. o. WILLIAMS,
)eputy Clerk AMI -Oficio Deputy Re-
corder.
State Of Louisiana, Parish of Caddo:
hereby certify that the above and fore
DING is true and correct copy of the3
rlganal act as the same now appears on
le and Of record in my Office.
Given under my hand and seal of of
ce this roth day of January. 1905.
S. %. WILLIAMS,
'epnty Clerk and ex-O fkeio Deputy Re.
corder.
i'm. a Ioos