The Caucasian. (Shreveport, La.) 1900-192?, 1907-05-16
CHARTER
OF THE BURT CONSTRUCTION
COMPANY.


scribed, all of full age, who declared
that, availing themselves of the proyis-
ions of the laws of the State of Louis
lana, and especially Art, Is of 1904, they
have covenanted and agreed, and by
these presents covtnant and agree and
bind themselves, as well as such other
persons who may hereafter become asso-
ciated with them, to form and constitute
a corporation and body polite in law
for the purposes, objects. articles and
conditions following, towit:
ARTICLE |.
The nature and title OF tie said corr
-poration shall be THE BURT CON-
.STRUCTION COMPANY, and its
domicile is hereby established in the
City of Shreveport and State of Louis
lana, and under its said corporate name,
the said corporation shall have the pow
er and authority to contract; sue and
be sued; to make and use corporate
seal, and the same to break and alter at
pleasure; hold, receive, convey, pur-
chase, improve, ALLEVIATE. convey, sell,
borrow, pledge, mortgage and hypothe-
cate, under its said corporate name,
property, real, personal and mixed; to
name and appoint such officers, directors,
agents, managers, or employees as the in
terests and convenience of the said cor
poration may require; to make and es-
tablisf bylaws, rules and regulations
for the proper management of its. at
fairs, and to change and alter same at
pleasure, and to do all acts and things
permitted by law, or shall be necessary
and proper to carry out the objects and
purposes of the said corporation. The
said corporation, unless sooner dis
solved, in accordance with its charter,
shall exist and continue for period OF
twenty-five years, from and after date
hereof
The president, or, in his absence, the
secretary, shall be the proper person
upon whom all citation and other legal
processes shall be served.
ARTICLE II.
The object and purposes for which
this corpiration is organize and the
business TO be carried on by it are de-
clared to be as follows, to-wit: To con-
tract, to build, to erect, and to construct
levees, entertainments, railroad enbank-
ments, and do any and all other work
usually done with teams and scrapers.
ARTICL III.
The capital stock of the said cirpora-
ton shall be ten thousand ($Io,ooo.oo)
dollars, divided into and represented by
one hundred (Ioo) shares of the sum of
one hundred ($Ioo.oo) dollars each,
which said stock shall be paid for in
cash at the time of subscription, or the
same may be issued at not less than par
in ypament, or exchanged for property,
If rights, actually received or purchased
by the said corporation, or the same
may be issued fully paid for money adj
vanced, or for such other valuable con-
sideration Or services, as the board of
directors of the said corporation may de-
termine, provided that no stock shall be
issued until the consideration therefor
has been received by the said corpora
ton. Any stakeholder may sell, assign,
or transfer his stock to this corporation,
provided, thirty (3o) days prior notice
of such intention to sell, assign or trans
fer same be given the company, and the
other stockholders thereof shall have the
first privilege of purchasing same, after
which thirty (3o) days notice the said
stock may be sold in open market. The
stock of the said corporation may be
transferred under the above conditions,
provided the said transfer thereof be
made on the books of the said company
in its Office on the surrender of the GER
tifcate therefor No transfer of any
fractional part of share shall be made.
This corporation shall commence doing
business as soon as seventy-fve hundred
l$7,5oooo) dollars of the capital stock
has been subscribed for and paid in. The
board of directors shall have the right
to determine how much stock shall be
issued.
ARTICLE ".
The corporate powers of this COM
patay shall be vested in, and exercised by,
a board of three directors, consisting of
the president, vice president and secre-
tary-treasurer. Two OF the said board
shall constitute quorum for the trans
action of business, and their decisions
shall be valid corporate acts. The fol-
lowing persons shall constitute the first
board of directors S. B. Hicks, w. G.
Burt, and R. E. Comegys. No person
shall be eligible as director or officer
who is not stakeholder of this COM
pany. During the absence of the presi-
dent, the vice president shall act and
preside. The said board shall continue
in Office until the first Tuesday in April