The Caucasian. (Shreveport, La.) 1900-192?, 1905-01-10

yice-president, shall be the proper pei
son upon whom citation or other leg;
process shall be, served. .
- ARTICLE II.
The objects and purposes for whic
this corporation is organized, and tn
nature of the business to be carried O
by it, are declared to be the following
| to-wit: To manufacture, buy and SCI
railroad timbers and ties, and generall
lall such material as is used in the con
struction of railroad work, and for thi
purpose to acquire lands and propcrt,
to construct, purchase, or otherwise ac
quire such buildings, factories Or ma
chinery or implements as may be neces
sary and proper for the carrying out o
such objects.
ARTICLE III.
The capital stock OF this corporation
shall be one hundred thousand dollar:
divided into and represented by one
thousand shares of one hundred dollars
each, which stock shall be paid for al
the time Of its subscription in cash OF
in property or for other valuable con-
siderations Or services, as the Board OF
Directors may determine.
Any stakeholder may sell, assign or
transfer his stock in this eorporata aon
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 in Shreve-
port. La.
This corporation shall commence bus
mess as soon as fifty thousand dollars
Of its stock shall be subscribed for and
paid for in cash or its equivalent.
ARTICLE w.
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.
Burton as vice president and Charles
Billietter as secretary and ireasurel. No
,erson shall be eligible as ! director or
oficer who shall not be stockholder.
Said board and officers shall continue IN
,ffice until the first Monlayin February,
Ie06 on which date, and thereafter an-
lually board Of directors and o1iiccfs
hall be elected, unless said day shall
,e legal holiday, when the election
hall Be held on the next legal day there
lfter Ten days written notice of. said
lection must be given each stockholder.
Any failure from any cause whatever toi
lect directors On the day named for thai
'urpose shall not dissolve the corpora
ion, but the directors and officers then
q office shall hold over until their suc-
esofs shall be elected.
The election Of director. shall be BY
allot, and the majority in amount Of
otes cast, each share Of stock voted to |
e counted as one vote, shall elect The |
erson for whom they are cast. After
ach eleetion the board of directors shall
lect from their own numbers the of
GERS Of the corporation.
ARTICLE v.
The board of directors shall have full |
over to fill all vacancies in their NUN
er caused by death, resignation Or /
therwise from among the stockholders
t the corporation. They shall have
I'll control Of the property Of the Com
any, and shal conduct and manage and
Sc the same as in their discretion they
eem best. The board of directors is
lthorized to adopt such bylaws, rules
nd regulations as the business of the
may require and as it may /
eem proper and necessary; provided
lme shall not conflict with this charter
! with the laws Of the State or the
'nited States. Said board shall elect
! appoint such officers, agents, employees, |
wants and clerks as il may deem neces-
lry for the conduct Of the affairs of
le corporation, fx their compensation
ith the right to dismiss them at pleas
(, and shall fix the salaries of the Of.
:ers herein provided for.
ARTICLE vi.
This charter may be amended or the
lpital stock Of this corporation increas-
OF increased, or this corporation dis
lived at general meeting of the stock /
,lders convened for that purpose with
{ assent Of three-fourths Of the entire
ock. Each stockholder must be noti-
q Of such meeting BY written notice
allied to him at least ten days prior tof
r