The Caucasian. (Shreveport, La.) 1900-192?, 1907-03-05

by declared to be to manufacture, buy
and sell lumber and GmbeF and to build
and operate saw mills and planning mills,
together with such failroads, telegraph
and telephone lines as may be incident
thereto, and to conduct in connection
Herewith a general mercantile business
with full power to buy.sell or exchange
timber and timbT lands necessary in the
conducting of general saw mall and
lumber business i'll the STATES Of Louis
lana and Texas and elsewhere as Che
board CO directors may determine
ARTNIE IT.
The capital stock If this corporation
is hereby fixed 40 SIS hundred thousand
dollars divided into six thousand shares
o. one hundred dollars ench and shall
commence business as soon as Ulree
thousand shares &C said capital stock
shall Be paid for ill cash or property &C
tually delivered or services renderd to
the Corporation, and shall Be due and
payable in such amount and &c such
time as Che boar1 Of DIRECTORS may de
termire
article ~
The affairs Of this coreoratio1 DAD
BE managed ty board % directors
composed of sevea stockholders whoI
shaN be elected annually on Che third
Tuesday in Mardfs aooS and annually
thereafter, as meeting of the sock
holders called for fhat purpose after Gen
days printed notice 10 newspaper pub
lished i'll the City of Shreveport, Louis-
lana !; provided, Chat said stockholders
may, by unanimous consert in writing,
waive such notice Ct such meeting of
stockholders, except wheu other@isel
provided by Aw Until said election on
the third Tuesday in March 1908, Che
board of directors of CHS corporation
shall be E. A. Frost, who shall be presi-i
dent4) H. H. Wheless. who shall be first
vice presidents o S. Prestridgs wko
| shall be second vice president; R I'D
Collins, who shall be secretary, and F.
T. Whited, who shall be treasurer, with
G. A. Kelly and w. J. Townsend, who
shall serve until their Successors are
! duly elected and installed
In all stockholders meetings each
,, share of stock shall have one vote, to
be cast by its owner in person or
! through and by written proxy, and in
all such meetings majority of the stock
present and represented shall control.
ARTICLE v.
This charter may be amended or abol
ished and this corporation may be ter
minated at any time by a vote of three
fourths of the capital stock of said cor
poration at meeting called for said
purpose, after notice in the time and
manner provided by law, and whenever
SO dissolved by the vote of the stock
holders, Or when terminated by limita-
ton, its affairs shall be wound up by
three liquidators who shall be selected
| by the stockholders and who shall give
such bond and perform such duties as
the said stockholders may prescribe, and
| in the case of death or failure to act on
the part of said liquidators, the remain
ing liquidators shall appoint successor
to fill such vacancy, and the liquidator.
or liquidators, so appointed shall con-
form to all of the duties and require
lnents specified by The said stockholders
at said meeting wherein said liquidators
were originally elected
ARTICLE VI.
No stakeholder of this corporation
shall ever be held liable or responsible
! for the contracts or faults of this cor
poration in any further sum than the
unpaid balance due the corporation on
the shares owned by him, nor shall any
mere informally in the organization
have the effect of rendering this charter
null or of exposing stakeholder to any
liability beyond the amount of his stock
This corporation shall have all of the
power and authority vested in corpora
tons under the laws of the State of
Louisiana and especially under Section
684 of the Revised Statutes n said
State.
In testimony wherea9 saia parties
have hereunto signed their names in
presence Of the undersigned attesting
competent witnesses and me, notary, at
ter due reading on the day and date first
in the beginning written.
E. A. FROST.
n WHITFIELD