The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-07

as the interest of such corporation may
require, and to make and establish such
bylaws, rules and regulations for the
proper management OF the affairs of said
corporation as may he necessary and
proper and the same 10 alter at pleasure
ARTICLE H.
The domicile OF this corporation shall
be in The City of Shreveport, Caddo Par
Sh State OF Louisiana, and all citations
and legal processes shall be served on
the president Of the corporation, or i'll
his absence. at the Office Of the corpora
ton. according to Article 1913, Code of
Practice OF louisiana
ARTICLE III
The purposes for which this corpora
tion is organized and the nature OF the
business to be carried on by it, are de
clarcd to be general mercantile bust
ness aud all business incident thereto.
ARTICLE ".
The capital stock of this corporation
IS hereby fixed at the sum of ten thous-
and l$Io,ooooo) dollars, to be divided
into one hundred (Ioo) shares of one
hundred t$Ioooo) dollars per share, and
the corporation may begin business
when three thousand (S3,ooooo) dollars
II the stock is subscribed. The stock
shall be paid for in cash, or its eq'liva-
lent. when subscribed for, or the same
may he issued al not less than par III
payment Tor the property purchased by
| The corporation
ARTICLE Y.
| All the corporate powers OF this cor
| DoratIon shall be vested in a board of
directors, to be composed of three stock
holders, which said board shall be elect
cd annually, commencing on the third
Monday i'll January 1907 and to serve
until the third Monday i'll January 1905.
| The first board of directors is declared
10 be Louis Heilperin, president; G. G.
| Nesbtt vice president and Ike Muslow
secretary and treasurer This said board
is to serve until the third Monday in
January 1908, as aforesaid or until their
successors are duly elected thereafter,
md such new board shall elect its pres
dent and secretary and treasurer. The
directors shall be elected by the stock
holders, each share of stock to be en-
| tiled to one vote to be cast by its owner
in person or by proxy, and majority
# votes shall elect. Three CD directors
,hall constitute quorum. The president
nay appoint from time to time, and dis
Mss. such clerks, agents and other emf
ployes as may be deemed necessary for
| he purposes and business of this cors
Grafton. The board of directors may
make all such rules and regulations for
he management OF the business as they
nay assecessary shall have power
o c~iect a y! A<eorrow money, issue
ils Of exchange, notes, eIecute mort
cages and generally to do all things in
,ident to the objects and purposes of
The corporation.
ARTICLE VI.
This charter may be modified, changed
II amended, and said corporation may
De dissolved with the consent of three
fourths III amount of the capital stock
represented at any general meeting OF
stockholders convened for the purpose
,fter FIVE days previous notice of SAID
Meeting shall have been published in one
i the daily newspapers of the City OF
shreveport. meetings of stockholders for
Jther purposes than change of the char
er or dissolution shall be called by no.
ice i'll Shreveport paper as aforesaid.
Whenever this corporation is dissolved
W limitation or otherwise, its affairs
shall be liquidated by two commission
: ers elected by the stockholders, who
shall have full power to wind up its at
: fairs, settle its liabilities and distribute
the proceeds among creditors and stock
holders
l ARTICLE VII.
No stockholder shall ever be liable fol-
: the contracts Or faults of this corpora
ton in any further sum than the unpai6
balance due to the company on shares Of
: stock SUBSCRIBED for. All sales or trans
fers of stock must first be made on tht
books of the company to be valid.
Done and passed i'll my Office i'll thu
presence of Jules Dreyfuss and Phili1
Licber, competent witnesses, this Iotl
day Of January 1907.