The Caucasian. (Shreveport, La.) 1900-192?, 1905-03-30

managers as its interest may require and
the same to discharge at pleasure, and to
make and adopt such rules and bylaws
as the interest and business of the COZ
porat:on may from time to time demand
ARTICLE V.
The officers of this corporation shall.
be a president, vice-president and secre-
tary and treasurer, who shall hold theii
offices from the first Monday in March
of 1905 until the first Monday of
March, 1906, or until their successors
are duly elected and qualified. All legal
process shall be served on the president,
Or in his absence on the vice president,
or in the absence of both on the secre-
tary and treasurer, at the office of the
corporation in the city of Shreveport,
La.
ARTICLE VI.
The affairs of this corporation shall
be managed by board of directors con-
| sistng Of five stockholders, who shall be
elected annually by the stockholders at
I general stockholders meeting to
be held on the first Monday in
| March of each year, and who shall
hold their Office for the period of
one year Or until their successors are
duly elected and installed, ard from
the board of directors so chosen, said
board shall elect its president, vice-pres-
lient and secretary and treasurer In
the event of any vacancy occurring in
said board of directors the same shall be
filled by the remaining members of said
board electing a stakeholder to fill out
the unexpirei term of said vacancy The
| first board of directors shall be w. E.
Green, who shall be president; E. G. Al
len, who shall be vice-president; J. B.
Reynolds, who shall be secretary and
treasurer, and c. F. Hamilton and c. S.
Soaring, who shall hold their respective
offices until the first Monday in March,
1906, Or until their successors are elect
| ed.
ARTICLE VII.
This corporation may be dissolved, or
| its charter amended at any time by a
vote of threefourths of the capital stock
| actually paid for and issued, at meet
ing called for that purpose, after thirty
days written notice mailed to each of the
stockholders at his usual postoffice ad-
dress, provided that said meetirE may
be sooner held and said notice waived
by unanimous consent of all of the stock
holders present. Whenever it is dissolved
| whether by limitation or otherwise, its
affairs shall be liquidated and wound tip
by three liquidators selected by the
| stockholders for that purpose, who shall
give such bond and security for the f.
deity of their administration as shall be
required by the stockholders, and shall
perform such duties as may be prescribed
for them
ARTICLE VIII.
No stakeholder shall ever be held liza
bic or responsible for the contracts or
faults of this corporation in any further
Slim than the unpaid balance due by him
on the shares owned by him, nor shall
any mere informally in the organization
have the effect of rendering this charter
null Or of exposing any stakeholder to
any liability beyond the amount of his
stock.
ARTICLE TX.
And the said named parties declared
that they and each of them have sub
scribed for and this day paid in full for
the amount of stock set opposite to their
several names, as follows towit:
w. F. Green, twenty thousand shares
of stock.
E. G. Allen, twenty thousand shares of
stock
J. B. Reynolds, twenty thousand shares
of stock
C. F. Hamilton, twenty thousand
shares of stock.
c. S. Soaring, FIVE thousand shares of
stock
Making total of eighty five thousand
shares of the par value of one dollar
each, fully subscribed for and paid VI
by the said named stockholders.
In witness whereof l have caused said
parties to hereunto affix their names in
presence of me, notary, and the under
signed attesting witnesses, on the day
and date first in the beginning written as
tie date hereof.
W. E. GREEN.
E. G.. ALLEN.
J. B. REYNOLDS.
c. F. HAMILTON.
C. S. Soaring.
Attest: