The Caucasian. (Shreveport, La.) 1900-192?, 1907-08-15

after annually. a board Of director, shall
be elected on the rst day of July Of each
year. unless the same should be Il hul,-
day. when the election shall be held on
the next legal day thereafter.
| Notice OF such election shall be given
publication Immediately preceding each
election. III one Of the daily newspapers
Of this CITY. and the board of directors
| shall appoint one or more stockholders to
| he commissioners at such election In
| he event of the failure of any commits
| Sloner or commissioners to attend. the
presIdcn, shall by appointment fill the
vacancy. Any failure from any cause
whatsoever to elect directors the day
| solve the corporation. but the directors
| thcn III office. as we'll as the officers of
said company, shall hold over until their
successors are chosen. In such event
the president shall cause another election
70 be held within thirty days. and shall
give notice thereof as hcrcinhcforc pro
vided
AT every election and meeting. each
stakeholder shall be entitled 10 vote for
each share of stock registered IN his
| name. and may vote by proxy.
The election of directors shall be by
ballot. and the majority III amount Of
votes cast. each share Of stock voted on
to be counted as one vote. shall cleo. the
person or persons for whom they have
been cast.
After each election the board of direc-
tors shall elect from their own number
the officers Of said company.
The board of directors shall have full
power to fill vacancies IN their number
caused by death. resignation or other
wise. from among the stockholders of
the company.
The said board shall have full control
If the property Of the company. and shall
So conduct, manage ami use the same
u w tilNli 'hN'l'ti'il '|ltS 'iTtUl Ut, anu
hat IS consistent with the objects Of this
company, or the welfare Of the same.
The said board is further authorized
to frame and adopt such bylaws. rules
md regulations as the affairs and the
business of the corporation may require.
he said board shall elect or appoint
such officers. agents. employees. servants. |
and clerks as it may deem necessary for
The conducting Of the business Of the |
company, fix their compensation, term of
service, with the right to dismiss them
1t SAID boards pleasure. and the said
board shall have the right to fix and de
iermile the salaries Of the several Of |
hcers herein provided for.
ARTICLs VI
This charter may be changed, mod
fed. OF amended, the capital stock in
may be dissolved. at 4 general meeting
Of the stockholders convened for the
purpose. with the assent Of three fouIths |
Of the capital stock represented. at such |
meeting.
Ten days prior notice of such meeting |
shall he given in any daily newspaper
published IN the city.
In case of dissolution or termination
Of this corporation, either by limitation
# its charter or from any other cause.
the liquidation of its affairs shall be
conducted by three commissioners sci |
,cted from the stockholders, with the as
sent. and at a meeting called for that
purpose, as above set forth in this
article.
ARTICLE VII.
No stakeholder of this corporation
shall ever be held liable or responsible
for the contracts or faults thereof. in |
any further sum than the unpaid balance
due the company on the shares of stock
subscribed for or owned by him, nor
shall any informally in organization
have the effect of rendering this charter |.
null, or of exposing stakeholder TO any
liability beyond the unpaid balance, if
any, Of his stock.
1hus done and passed at my Office OF
the 10th day Of August 1907, in the pres
ence of A. A. LeRosen and Fl. c. Fisher,
competent witnesses, after reading the
whole
d. &. PETTY, SR.,
by ] ]. Marshall.
ID. G. PETTY, JR,
J. J. MARSHALL.
Attest:
A A. LeROSEN.