The Caucasian. (Shreveport, La.) 1900-192?, 1905-02-19

(4) directors, three % of whom shall
constitute quorum for Che transactions
OF business and theD decision shall be
corporate acts
The following Dersons shaH constitute
the first Board of Directors: Perry P.
Keith sr, Hilliam H Keith, Daniel W.
Keith and Perry r seits Jrs with
Perry y Keith Sr, as president thereof,
and William ~ Keith as vice president
and general manager ahereof: Perry p
Keith Jr, y secretary thereof, and Dan
lie! ". Keith ~ treasurer thereof.
No person shall be eligible as a direc-
tor on officer wh1 shall Got be = stoeke
holder. Said boare of directors and Of
hcers shall continue in Office until the
frst Monday in January, 1906, and until
their successors are elected and quali6e:is
The stockholders II said corporatiorh
shall meet annually on a1e FIRST Monday
in January of each yeas, commencing on
the first Monday in January, 200, and
annually thereaftN for the SECTION Of
board of directors. and the said board
of directors shall elecD Che Dresidens.
vice president and general manageps AMI
the secretary and treasurar.
Notice of said election must De given
each stockholi der Any failure from any
cause to elect directors on che dav
named for that purpose shalt not dis
solve the corporation, but the directors
and officers then in office shall hold ovee
until their successors shall be elected.
The election of directors shall be by
ballot, and the maj ority and amount of
votes cast, each share OF stock being en-
titled to one (D vote, shall elect the
person for whom they are cost The
board of directors shall elect from their
own number the officers of said corpera-
ton.
ARTICLE VIII.
The board of directors shall have
power to fill all vacancies in their num-
Der caused by death, resignation or other
wise, from among the stockholders Of
the corporation. They shall have full.
control of the property of said corpora
ton and shall conduct and manage and
use the same in their discretion as they
may deem best.
No promissory note or obligation of
said corporation shall ever be given by
said corporation except the same be
signed by the president thereof, nor shall
said corporation ever borrow money or
contract any obligation therefor except
upon the approval of the president and
the execution of the obligation or note
of said corporation signed by the presi-
dent.
ARTICLE TX.
Ibis charter may be amended or the
capital stock of this corporation increased
or decreased, or this corporation may be
dissolved by general meeting of the
stockholders convened for that purpose
with the assent of three-fourths 60
of the entire capital stock, and each
must be notified of such
meeting.
In case of dissolution of this corpora
ton, either by limitation or otherwise, its
affairs shall be liquidated by two {al
directors appointed for that purpose by
the board of directors, and in case of the
death or refusal of any one director to
serve, the other director may proceed to
liquiiate the affairs of said corporation.
ARTICLE x.
No stakeholder Of this corporation
shall ever be held liable or responsible
for the contract or faults thereof III any =
further um than the unpaid bal.rc, due
by MIN to the corporation on the shares
Of stock subscribed for 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 unpaid balance
due on his stock
Done and signed at my office in the
.ity of Shreveport, Caddo Parish, Louis
lana, on this the 18th day of January, A.
D. 1905, in presence of undersigned COM
petent witnesses, who sign hereto with
'aid appearers and me, said notary, after
-eading the whole
P. P. KEITH.
w. H. KEITH.
D. w. KEITH.
P. P. KEITH, JR.
Witness:
W. M. LEVY.
F. A BLANCHARD.
THOMAS c. BARRETT,
Notary Public, Caddo Parish La.
State of Louisiana, Parish of Cadjo:
hereby certify that | have examined
he above and foregoing charter of the
Keith and Sons Company, Limited, and,
hiding nothing therein contrary to law,
hereby approve the same.
Done and signed officially on this the
9Th day of January, A. D. 1905.
J. M. FOSTER,
District Attorney First Judicial District
of Louisiana.