The Caucasian. (Shreveport, La.) 1900-192?, 1905-02-09
paid for in money or its equivalent in
property conveyed or services rem Tered
to said corporation.
ARTITJ + VII

to said corporation
ARTICLE VII.
The corporate powers Of said corpora
ton shall be vested in board OF four
CD directors, three CD of whom shall
constitute a quorum for the transaction
Of business, and their decision shall be
corporate acts.
- The following persons shall constitute
he first Board of Directors: Perry P
Keith ST., William H. Keith, Daniel W.
Keith and Perry P Keith Jr, with
Perry P. Keith ST., as president thereof,
and William II Keith as vice president
and general manager thereof; Perry P.
Keith .Jr, as secretary thereof, and Dan
| iel W. Keith as treasurer thereof
No person shall be eligible as a dirsc-
:or CT officer who shall not be stock
holder. Said board of directors ana Of
| tlcers shall continue in office until the
first Monday in January, 1906, and until
their successors are elected and qualified
The stockholders of said corporation
shall meet annually on the first Monday
in January of each year. commencing on
he first Monday in January, 1906, and
annually thereafter for the election of
1 board of directors, and the said board
Of directors shall elect the president,
vice president and general manager, and
the secretary and treasurer
Notice of said election must be given
each stakeholder. Any failure from any
cause to elect directors on the day
named for that purpose shall not dis
solve the corporation, but the directors
and officers then in office shall hold over
until heir successors shall be elected
The election of directors shall be by
ballot, and the majority and amount of
votes cast, each share of stock being en-
titled to one CD vote, shall elect the
person for whom they are cost. The
board of directors shall elect from their
own number the officers of said corpora
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.
This charter may be amended or the
capital stock of this corporation increased
or decreased, or this corporation may be
dissolved eby a general meeting of the
stockholders convened for that purpose
with the assent Of three-fourths go
Of the entire capital stock, and each
stakeholder 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 (2)
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
!iquidate 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 in any
further sum than the unpaid balance due
by him 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
city of Shreveport, Caddo Parish, Louis
ana, on this the 18th day of January, A. |
D. 1905, in presence of undersigned conf
oetent witnesses, who sign hereto with |
said appearers and me, said notary after |
a. L