The Caucasian. (Shreveport, La.) 1900-192?, 1905-01-05

thousand shares of one hundred dollar:
| each, which stock shall be paid for a
the time of its subscription in cash Of
lin property or for other valuable con
Esiderations Or services, as the Board 0:
directors may determine.
i Any stoekholder may sell, assign OF
transfer his stock in this corporatio,
provided ten days prior notice of such
intention be given the Company, and the
stockholders thereof shall have the first
privilege of purchasing the same, after
which thirty days notice the stock may
| be sold in the open market All trans
fers of stock must be made on the books
of the Company at its office ins Shreve-
port, La.
| This corporation shall commence bus
ihess as soon as fifty thousand dollars
of its stock shall be subscribed for and
paid for in cash or its equivalent.
ARTICLE ".
The corporate powers of this corpora
ton shall be invested in board of
three directors, two members of which
shall constitute quorum~for the trans
action of business, and their decision
| shall be corporate acts. The following
persons shall constitute the first board
| of directors George W. Signor, w. w.
Burton and Charles w. Billietter, with
George w. Signor as president, w. w.
i
Burton as viee-president and Charles
Billietter as secretary and treasurer. No
person shall be eligible as director or
officer who shall not be stockholder.
Said board and officers shall continue in
Office until the first Monlay in February,
| 1906. on which date, and thereafter an
Inllally, board Of directors and officers
shall be elected, unless said day shall
| be legal holiday, when the election
shall be held on the next legal day there
after. Ten days written notice Of said
election must be given each stockholder
Any failure from any cause whatever to
elect directors on the day named for that.
purpose shall not dissolve the corpora
tion, but the directors and officers then
| in office shall hold over until their sue
lcesors shall be elected.
The election Of directors shall be by.
ballot, and the majority in amount of
votes cast, each share of stock voted TO
be counted as one vote, shall elect the
person for whom they are cast After
each election the board of directors shall
elect from their own numbers the off
fcers Of the corporation. .5ss5.
ARTICLE
The board of directors shall have full
power TO fill all vacancies in their nun-
Der caused by death, resignation or.
otherwise from among the stockholders
Of the corporation They shall have
full control of the property Of the. Com
pany, and shall conduct and manage and
use the same as IN their discretion they
deem best The board Of directors is
authorized to adopt such BYLAWS, rules
and regulations as the business of the
corporation may require and as it may
!
deem proper and necessary; provided
same sf1an nof CONNER win TINS charter
with me Jaws OF me state OF tne
0nited. states. oaid board silali eject
or appoint such ofhcers, agents, s. employees,
servant ana cierks as Z may aeem nsees-
sary 1or 1ne CONQUER g 1he aHa1rs d @
Inc corporaIlor,. nX 1nelr compensation
Wltilstf tfe rignt g a1snllss tnem az pleas
tlle, ana sldll il6 me salaries o. tl'e q.
neefs neren PROVIDED sfor.
ARI1CLEs llE.. I "
This charter may be amended or the
capital stock Of this corporation increas-
ed or increased, or this corporation dis
solved at general meeting of the stock
holders convened for that purpose with
the assent Of three fourths of the entire
sock. Each stakeholder must be noti-
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