The Caucasian. (Shreveport, La.) 1900-192?, 1907-05-02

ton is established and the nature of the
business to be carried on by it are de-
clared to be to weigh and store cotton
and other produce, as vegetables, fruits,
goods. wares and merchandise, and gen
orally to hold and exercise all such Incl
dental powers. The affairs Of this cor
poration shall be managed and CONTROLLED
by board of directors consisting of FIVE
60 stockholders, who shalt be elected by
the stockholders at a meeting held for
that purpose on the third Monday i'll Au-
gust of each year, and said board of dl-
rectors shall hold their office until their
successors are dul y elected and installed.
The first board of directors shall be S.
B. Burney, chairman; P. NJ. Williams,
secretary; w. P. Pearson, O. M. Lewis
and W. A. Daniels; and the officers Of
the company for the first year shall be
K. +, l.. Huckabay, president; O. q,
Garner, vice president; J. D. Lewis, sec
rotary treasurer All legal process shall
be served on the president, or in his alb
sence OH the vice president, or i'll the
absence of both on the secretary-treaS-
urer.
The capital stock of this corporation
is hereby fixed at the sum of three thOus-
and dollars, divided into 600 shares OF
five dollars each, and shall commence
business when $Iooo.oo of the capital
stock is subscribed. for; all stock s'b
scribed for shall be paid in cash. or labor
performed for the corporation before the
issuing OF the stock.
ARTICLE ".
In all meetings of the stockholders
each stakeholder shall be entitled to one
vote for all the stock owned by him
either i'll person or by proxy, and at all
meetings of the stockholders the presi-
dent, or in his absence, the vice presi-
dent, shall preside, provided that in the
absence of both, the stockholders shall
elect one of their number to act as chair
man of the meeting. All vacancies oc-
curing in any office by death, resigna
ton or otherwise shall be filled by cleo
ton at the vote of the stockholders foI
the unexpired term
ARTICLE V.
This charter may be amended or abol-
ished by a vote of two-thirds of tht
stockholders at meeting called for ths
purpose, or the capital stock herein may
be Increased or decreased in the manner
provided by law Whenever this corpora
ton is dissolved, either by vote of the
stockholders, or by limitation. or other
wise, its affairs shall be liquidated by
| Two commissioners appointed for tht
purpose, who shall give such bond an(
| security and perform such duties as the
stockholders may prescribe at the stock
holders meeting called for that purpose
ARTICLE VI.
No stakeholder of this corporation
shall ever be held liable for the contracts
Dr faults of such corporation in any fur
her sum than the unpaid balance due te
The company on the shares of its stocl
| owned by him. Nor shall any mere in
| formality in organization have the eff
feet of rendering this charter null or o
| exposing a stakeholder to any liability
| Beyond the balance due on his stock.
! In testimony whereof the said partie:
have hereunto fixed their names in tn,
| presence OF competent witnesses on thu!
the and day of February 1907.
| R. E. L. HUCKABAY,
| o. G. GARNER.
p. NJ. WILLIAMS.
| BEN BURNEY.
J. D. LEWIS,
| per Ben Burney
w. A. DANIEL.
o. NJ. LEWIS,
per R. F. L. Huckabay
w. P. PEARSON.
Attest:
w. w. COCKEREL. ~
w. E. THOMASON.O)
C. E. DUNSON,
Notary Public, Caddo Parish, La
State of Louisiana, Parish of Caddo
Having examined the above and forego
ing act of incorporation and finding
\ pofb;,n +harein cortrar VITO law I hereh,