The Caucasian. (Shreveport, La.) 1900-192?, 1907-10-17

the management and regulation OF the
affairs of the corporation. If any va
cancics occur among the officers or d.
rectors, the remaining directors may,
select stockholders to fill the same. The
board Of directors shall have power to
borrow and lend money; to issue bills
of exchange, notes, bonds, drafts and
other negotiable paper; execute mort
cages and generally to do all things in
cdent to the object and purposes of this
corporation.
ARTIVLE V.
The capital stock of this corporation
shall be thirty thousand dollars, divided
into three hundred shares of the par
value Of. one hundred dollars each. This
stock shall be paid for in cash Or its
equivalent at the time OF its subscription.
At least one hundred shares of the
par valrA " ten THOUSAND dollars shall
be subscribed and paid for before hts
corporation shall commence business.
No stakeholder shall be liable for more
than the unpaid balance on the stock
subscribed for by him, nor shall any
mere informality i'll organization have
the effect Of rendering this charter null
or of exposing stockholder to any liza
bility beyond the amount of his stock.
ARTICLE VI.
The directors shall be elected by bal
lot at the regular annual meeting called
for that purpose or any meeting adj
journed from same.
At all stockholders meetings each
share of stock shall be entitled to one
vote; a stakeholder may vote by proxy.
4 majority of the stockholders shall
constitute a quorum. A majority of the
stock present shall elect the directors.
Special meetings may be called at the
pleasure of the president. or on demand
of three stockholders.
The stockholders of this corporation
at a general meeting called for that pur-
pose on demand of three stockholders
may modify, add to, alter Or amend, or
dissolve the corporation with the assent
of three fourths of the stock represented
at such meeting.
This shall not apply to increasing or
decreasing the capital stock. which is
done under ~pecial laws.
Ten days written notice of any meet
ing shall be given by the secretary.
If dissolution be determined on a ma
jority of the stock present shall select
three liquidators at the meeting so de-
ternining and shall provide for filing
any possible vacancies among said
| liquidators
In testimony of the above articles of
incorporation, in the presence of the at
testing witnesses and before me, notary,
the above named incorporators have
hereunto set their names.
Done and passed at my office in
Shreveport, La, this let day of Sep
TENDER A. d. 1907.
c. w. LANE,
L. r. LAWHON.
FRANK T. LOONEY,
MRS. Nj. L. CARTER,
By Frank J. Looney
NJ. VAN LEAR,
By Frank J. Looney
c. l.. NELSON.
w. F. TAYLOR.
Attest:
WILLIAM L. YOUNG
ELIAS GOLDSTEIN.
4 T. F. BELL, JR..
Notary Public
| certify that | have examined In
above and foregoing charter and finding
nothing therein contrary to law, | hereb
approve the same This 18th day G
September A. D. 1907.
ROLAND WILLIAMSON,
Acting District Attorney First Judicis
District of Louisiana
Endorsed: Filed and recorded Sef
f TENDER IA, 1907.
s F. A. LEONARD,
Clerk and ex-Officio Recorder.
= State of Louisiana, Parish of Caddo
r | hereby certify that the above and fore