The Caucasian. (Shreveport, La.) 1900-192?, 1907-06-11

and shall also appoint such other of
hcers, agents and employees as may to
said board seem necessary; majority
thereof shall constitute a quorum for
the transaction of any and all business.
Until election hereinabove provided
for, and until the officers shall have
been elected and qualified, the follow
ing shall constitute the first board of
directors and officers of said corpora
ton: H. B. Scofeld, president; H. w.
Scoheld, vice president; and Sterling
Palmer. secretary and treasurer.
Notice of said election shall be given
by ten days notice in any one of the
public newspapers published in the city
of Shreveport At all meetings of stock
holders, upon all questions, majority
of all stock voting shall prevail, and
each share shall be entitled to one vote.
ARTICLE VI.
This act of incorporation may be al
tered and amended by vote of three
fourths in amount of the capital stock
of said corporation, Or said corporation
may be dissolved by vote of three
fourths in amount of said stock, at a
general meeting of the stockholders
convened for that purpose, after ten
days of prior notice of such meeting
shall have been published in one of the
daily newspapers of the city of Shreve-
port and copy of said notice mailed to
each stockholder at his last known place
of residence
ARTICLE VII.
Whenever said corporation shall be
dissolved by expiration of its charter,
or sooner, by vote of the stockholders,
two hquidators shall be elected by the
stockholders at a general meeting held
after ten days notice, as above pro-
vided These liquidators shall continue
in office until the full liquidation of the
affairs of said corporation, and in case
of the death or disability of either or
them, the stockholders may elect sue
cessor, or, if they do not elect sue
cessor, the powers of both liquidators
shall be vested in the surviving liqui-
dator.
ARTICLE VIII.
No stockholder of this corporation
shall ever be held liable or responsible
| for the contracts or faults of the cor
poration in any further sum than the
unpaid balance due the corporation on
the shares of stock owned by him; nor
shall any informality in organization
have the effect of rendering this char
fer null or of exposing a stockholder
beyond such unpaid balance, if any.
Done and passed at my office in the
city of Shreveport, on this the 9th day
of May 1907, lin the presence of ].
{. Pugh and P F. Townsley, competent
witnesses, and me, notary, the said in
corporators subscribing for the number
of shares of the capital stock of this
corporation set opposite their names
| H. B. SCOFIELD,
| Subscribing for 30 shares
| STERLING PALMER,
| Subscribing for S shares
| H. w. SCOFIELD,
| Subscribnp for I share
/ Attest:
J. c. PUGH.
| P. E. TOWNSLEY.
| J. A. THIGPEN,
Notary Public
/ State of louisiana, Parish of Caddo
II hereby certify that | have examnet
the above and foregoing charter Of In
corporation of Scofeld Drug Company
Limited, and finding nothing contrar,
Ito law therein, | hereby approve tn
same
| Witness my signature on this the 6tl
day of May 1907.
/ J. NJ FOSTER,
| District Attorney First Judicial Dis
trict of Louisiana.
d Endorsed Filed and recorded Ma
10, 1907.
/ W. NJ. LEVY,
!. deputy Clerk and exoficio Deputy Re
/ corder.
i State of Louisiana, Parish of Caddo