The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-14
CHARTER
OF THE GEO. w. SIGNOR TIE
COMPANY LIMITED.

| January 1907. personally came and ap-
pearcd before me. J. \. Thiepen, no.
tary public i'll and for said Parish and
| State, George w oienor. Frank Fon-
Vile and c. w Blleiter all residents
of Shreveport. Caddo Parish, Louisiana,
/ all of full age, who declared that avail
/ ing themselves of the laws of the State
of Louisiana relative to the formation
i and agreed, and do by these presents
covenant and agree and bind themselves,
as well as such other persons as may
hereafter become associated with them,
/ to form and constitute corporation and
body polite i'll law, for the purpose and
objects, and under the stipuations. ar
ticles and conditions following towit:
ARTICLE l.
The name and title of said corporation
shall be GEO w. SIGNOR TIE COM
PANI, LIMITED, and its domicile is
hereby established i'll Shreveport, State
of Louisiana; and under its said cor
porate name said corporation shall have
power to contract. sue and be sued; to
make and use d corporate seal, and the
same to break and alter at pleasure; to
hold, have. purchase, improve. ALLEVIATE,
convey, sell, borrow, pledge, mortgage
and hypothecate under its said corpor
ate name property real, personal and
mixed; to name and appoint such Off
GERS, directors, managers and agents or
employees as the interest or convenience
of the corporation may require; to make
and establish bylaws, rules and regua
tons for the proper management and
regulation of its affairs, as may be
deemed necessary and proper, and the
same to alter and change at pleasure;
mitted by law, or as shall be necessary
and proper to carry out the objects and
purposes of this corporation.
Said corporation unless sooner dis
solved i'll accordance with its charter,
shall exist and continue for period of
nincty-nine years from and after the
date hereof
The president, or i'll his absence the
vice president. shall be the proper per
son upon whom citation or other legal
process shall be served.
ARTICLE II.
The objects and purposes for which
this corporation is organized, and the
nature and business to be carried on by
it, are declared to be the following to-
Wit: To manufacture, buy and sell rail
road tinlbers and ties, and generally all
such material as is used in the construc-
ton of railroad work, and for this pur-
pose to acquire lands and property; to
construct, purchase. or otherwise acquire
such buildings, factories or machinery or
implements as may be necessary and
proper for the carrying out of such OBJ
ectS.
ARTICLE III.
The capital stock of this corporation
shall be one hundred thousand dollars
divided into and represented by one
thousand shares of one hundred dollars
each. which stock shall be paid for at the
time of its subscription in cash or in
property or for other valuable consid
erations or services as the board of di-
rectors may determine.
Any stockholder zlay sell, assign or
transfer his stock in this corporation
provided thirty 600 days prior notice
If such intention be given the company
and the stockholders thereof shall have
the first privilege of purchasing the
same. after which ten days notice the
stock may be sold i'll open market. All
transfers of stock must be made on the
books of the company at its office IN
Shreveport, Louisiana.
This corporation shall commence bus
mess as soon as fifty thousand dollars
Of its stock shall be subscribed and paid
for in cash or its equivalent.
ARTICLE ".
he corporate powers of this corpora
ton shall be vested in board of three
directors, two members of which shall
constitute a quorum for the transaction
of business, and their decision shall be
corporate acts. The following persons
shall constitute the first board of direc
tors: G.. w. Signor, Charles w. Bill
letter and Frank Fonville, with George
w. Signor as president, Charles w. Bill
letter as vice president, and Frank Fon
vile as secretary and treasurer. No per
son shall be eligible as director or of
ficer who shall not be a stakeholder.
Said board and officers shall continue
in office until the first Monday in Feb
ruary 1908. on which date and thereaf
ter annually board of directors and
officers shall be elected, unless said day
shall be legal holiday. when the cleo
ton shall be held on the next legal day
thereafter Ten days written notice OF
said election must be given each stock
holder. Any failure from any cause TO
elect directors on the day named for
that purpose shall not dissolve the cor
poration, but the directors and officers