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

cate both real ami personal property, te
contract, sue and be sued in its corpor
ate name, to make and use a corporate
seal and the same to change at pleasure
name and appoint such agents, officers
and managers and other employees as 1t:
interest may require, and the same tc
discharge at pleasure, to make and es.
tablish such bylaws for the proper man.
agement of the affairs of the corporation
as may be necessary and proper.
ARTICLE w.
The officers of this corporation shall
be president, vice president, secretary
and treasurer. They shall hold their
offices for the period of one year, from
the first Monday in January. 1905, or
until their successors are duly qualified
lAll legal process shall be served on the
president at the do1nicile of the COM
pany, or in his absence on the vice presi-
dent, or in the absence of both the pres
| ldent and vice president, on the score
| tary and treasurer The affairs of the
corporation shall be managed by a
| board of directors consisting of three
| stockholders who shall be elected by
| the stockholders annually at a stock
| holders meeting to be held at the domi-
Gle 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 board 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 first Of
ficers of this corporation shall be A. B.
lvey, president; w. T. Smith, vice pres
ident, and William H. Cox secretary
and treasurer.
The board of directors shall Gave
power and authority to select such
agents, managers and employees as may
be necessary in the conduct of the bust
ness of this corporation.
ARTICLE Y.
The capital stock of this corporat;on
IS hereby fixed at FIVE thousand dollars
t$5,ooo.oo) to be divided into fifty (so)
shares of the par value of one hundred
dollars ($1oo.oo) each, to be paid for in
cash, Or its equivalent, at the time of
the issuance of the stock. The said
company shall commence business as
soon as thirty <3o) shares of the said
stock is subscribed and paid for in full.
| he stock shall be transferable only
on the books Of the company and BY de-
livery of the certificate of stock and its
cancellation by the corporation, for
which new stock shall be issued to the
transferee of such stock.
ARTICLE vi.
his corporation may be dissolved or
this charter amended at any time by
vote of two-thirds of the stockholders
at a meeting called for that purpose
after thirty days written notice, mailed
to each of the stockholders at their
usual postoffice address; provided said
notice may be waived and such meeting
held before the expiration of said time
by the unanimous consent of all the
Whenever this corporation is dis
solved, by limitation or otherwise, its
affairs shall be liquidated by two liqui-
iators appointed by the stockholders for
hat purpose, who shall give such bond
md security as may be required of them
md perform such duties and have such
1gfts as may be fixed by the stock
folders.
= ARTICLE VII
No stakeholder shall ever be held
able or responsible for the contracts or
auits OF this corporation in any further
'lin than the unpaid balance due to the
ornpany on the shares owned by him.
or shall any mere informality in the t
rganization have the effect of rendering 4
MS charter null or of exposing any
to any liability beyond the 6
mount of his stock.
In testimony whereof the said parties a
ave hereunto affixed their names in d
resence of me, notary, and the under r
gned attesting witnesses, after due
aiding On this the 10Th day of Janu- !;
y, 1905. "
w. T. SMITH, 10 shares. :,
A. B. IVEY, 10 shares. RI
VIM rr ~>r nc