The Caucasian. (Shreveport, La.) 1900-192?, 1907-08-18

De eleCteu oli liS lH' hdy % t@'s ~ each
wear. unless the same shpuI he a holi-
day, when the election shall b. reld on
the next legal day thereafter.
Notice of such election shall ,.a given
| by at least ten (Io) lae~ c.1.jnuous
publication Immediately p:ccetNas each
election, in one Of the daily ucv papers
of this city; and the board o.: directors
shall appoint one or more stocll'ierS to
| be commissioners at such election In
the event Of the failure OF amy meus-
sioner or commissioners T. atent Ne
president shall by appointment ill the
vacancy. Any failure from airy cause
whatsoever to elect directors lie day
named for that purpose Shall. not dis
solve the corporation, but the directors
then in office, as well as the officers of
said company, shall hold over until their
successors are chosen In >uch event
the president shall cause another election
to be held within thirty days, ani shall
give notice thereof as hercinbefp-e pro-
vided.
At every election and meeting each
stakeholder shall be entitled t. 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 IN amount of
votes cast, each share of stock voted on
to be counted as one vote, shall elect 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
of the property of the company, and shall
so conduct, manage and use the same
as in their discretion they deem fit, and
that is consistent with the objects of this
company, or the welfare of the same. j
The said board is further authorized
to frame and adopt such bylaws. rules
and regulations as the affairs and the
business of the corporation may require.
The 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
at said boards pleasure; and the said
board shall have the right to fix and de
termlnc the salaries of the several Of
hcers herein provided for.
ARTICLE VI. 4
This charter may be changed, nt3di-
fed, or amended, the capital stock IN.
creased or decreased, or this corporation
may be dissolved, at a general meeting
OF the stockholders convened for the
purpose, with the assent of three fourths
Of the capital stock represented at such
meeting
Ten days prior notice of such meeting
shall be given in any daily newspaper
published in the city
In case Of dissolution or termination
of this corporation. either by Limitation
of its charter or from any other cause,
the liquidation of its affairs shall be
conducted by three commissioners, sell
ected from the stockholders, with the as
sent, and at 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 d stakeholder to any
liability beyond the unpaid balance, if
any. of his stock.
Thus done and passed at my Office on
| the 10th day Of August 1907 in the pres
ence of A. A. LeRosen and H. G. Fisher,
competent witnesses, after reading the
whole
| ID & PETTY SIR