The Caucasian. (Shreveport, La.) 1900-192?, 1905-02-05

cate both real and personal properly 10
contract. sue and be sued n rs corpf-
ate name, to make and use corporate
seal and the same to change at pleasure,
name and appoint such agents, ofiieers
and managers and other employees as ~
interest may require, and the same 70 ]
discharge at pleasure, to make and es-
tablish such . y laws for the proper man
aeement of the affairs Of the corporation
as may be necessary and proper.
ARTICLE ~.
The officers q this corporation shall
be president, vice Sresident, secretary
and treasurer. They shall hold tbfs
offices for the period Of one year, frd .
the frs, Monday IN january 1905, o.
until their successors are duly qualified.
| All legal process shall be served on the !
president at the dotnicile of the COM
pany or in his absence on the vice presl-
dent, or in the absence of both the pres
ident and vice president, on the secre-
tary and treasurer. The affairs of the
corporation sl,ak be managed by i
board of directors consisting of three
stockholders who shall be elected by
the stockholders annually at stock
holders meeting to be held at the iorni
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 toari 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 in January, 1906. The fire. Of
fcers of this corporation shall be A. B. I
lvey, PRESIDENT w. T. Smith, vice pres
ldent, and William H. Cox secretary y
ana treasurer.
The boars of directors shall have
power and authority to select suchi
agents, managers and employees as may
be necessary in the conduct of the bust
ness of this corporation.
ARTICLE V.
The eapit4 stock of this corporation
is hereby fixed at five thousand dollars
(S5,ooooo) to be divided into fifty (so)
shares Of the par value of one hundred
dollars e$Ioo,oo) each, to be paid for in
cash, or its equivalent, at the time of
the issuance Of the stock The said
shall commence business as
soon as a1irty 600 shares of the said
stock is subscribed and paid for in full.
0he stock shap be transferable only
on the books of the company and by de-
livery OF the certificate of stock and its
by the corporation, for :
which new stock shaR be issued to the /.
Irarfsferee of such stock. Is
ARTICLE VR Is
his corporation may be dissolved Or
his charter amended at any time by ( I,
vote OF two-thirds of the Stockholders
1t meeting called for that purpos
after thirty days written notice, maiIs -
% each of the stockholders at ii
usual postoffice address, provided ID
1otce may be waived and such meeting
1eld before the expiration of said time
~ the unanimous consent of all the \
stockholders
whenever this corporation is dis
olved, by limitation or otherwise, its
'ffars shall be liquidated by two lidui-
lators appointed by the stockholders for
hat purpose. who shall give such bond
nd security as may be required of them
nd perform such duties and have such !
tights as may be fixed by thef stock,
oldd@s .sgs as
ARTICLE WI
No stakeholder shall eter be held
able or responsible for II contracts or
aults of this corporation In any further
um than the unpaid balance due to the
ompany on the shares owned by him.
or shall any mere informally in the
rganlzatlon have the effect of rendering
lis charter null or of exposing any
to any liability beyond thsA
mount % his stock.
In testimony whereof the said parties
ave hereunto affixed their names in
resence Of me, notary, AMI the under
gned attesting witnesses, after due
fading on this the 10TH day of Janu-
y, 1905.
W. T. SMITH Sshares.
A. B. IVEY, 10 shares.
WIN. H. COXa 10 shares
Attest
J. c. PUGH.
F. NJ WILLIAMS