The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-01
til July I, 1908, on which date and there

/ dlter dllHudliy, a BOARD OF directors shall
be elected on the Ist day Of July Of each
year, unless the same should be holt
day, when the election shall be held on
the next legal day thereafter.
Notice of such election shall be given
| by at least ten (IoD lays continuous
publication Immediately preceding each
election, in one of the daily newspapers
of this city; and the board of directors
shall appoint one or more stockholders to
be commissioners at such election. In
the event of the failure of any com1nis-
sloner Or commissioners to attend the
president shall by appointment fill the
vacancy. Any failure from any cause
whatsoever to elect directors the day
named for that purpose shall not dis
solve the corporation, but the directors
then in 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
to be held within thirty days, and shall
vided.
At every election and meeting, each
stakeholder shall be entitled to 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
company, or the welfare of the. same
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
ter1nine the salaries of the several of
fcers herein provided for.
ARTICLE V.
his charter may be changed, modi-
ned, or amended, the capital stock in
creased or decreased, or this corporation
may be dissolved, at 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 q ven 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 a meeting called for that
purpose, as above set forth in this
article
ARTICLE VI.
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.
for Or owned by him, nor
shah any informally III organization
AVE the effect of rendering this charter
lull, or of exposing a stakeholder to any
liability beyond the unpaid balance, il
my, of his stock.
hus done and passed at my office on
he 10th day of August 1907, in the pres
nee of A. A. LeRosen and H. C. Fisher,
competent witnesses, after reading the
whole.
d. G. PETTY, SR,
by J. ]. Marshall
d. G. PETTY, JR,
J. J. MARSHALL.
Attest: