The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-10

directors, tsvo members of which shall
1constitute quorum for the transaction
! Of business, and their decision shall be
Incorporate acts. Che following persons
7 shan constitute sle FIRST board of direc-
TOYS: C., ". Signors Charles W. Bill
leites ana Feank Fonviles with George
w. Signos as PRESIDENT Charles ". Bill
leites as. vice presidents ana Frank Fon-
Vile as secretary and treasures. Mo per-
son stlaH be eligible as o airectoe or Of
ices who shall noe De a stakeholder.
Said board and officers shaw continue
10 office antH che Rrst Monday in Feb
ruary 1908, ca which dase and thereaf-
tee aanualls a board ~ dlgectors and
otficees shall be elected anless said day
!Shall be iega9 Holiday, when the cleo
ton shan BE held on Che nexs legal Gay
tshereaftee Xea days writsen aoeice of
said election must be givea each stock
Nodes Any faiiuse frorn any causeoto
4 elect directors on che dag aamed for
chat purpose shan got dissolye Che coz
porasion btR che di1ecaors and officers
then in Office shall hold osee until theis
! Successes shall BE elected
The elecaion % directors SHAY be by
balhs, ana the majority in amount Of
vCtts cast. each >h1Se % Stock voted 90
be counted as one vote, shall elect the
pe9son FOR whoa they are cast. After
each election the beard OF directors shaE
eiece 'from their own members the OF
fcerS Of the desperation,
ARTICLE =.
The hoard of directors shall have full
power to fill all vacancies in their mum
be caused by death, resignation or 9TH
erWl,e, from among Che stockholders of
|. the corporation. They shall have iull
conteo1 OF the property Of tie company,
and shall conduct and manage and use
shc sane as in thciT discretion they deem
best. The board of directors Is author
lied to adopt such bylaws, rules and
regulations as Che business OF the cor
porasua may require and It may deem
necessary. provided same shall not con-
ttict with thiS charter % with the laws
\ OF Che State or Gnfeed States Said
board shall cleo or appoint such Off
Gees. agertss, employees servants and
clerks as 10 may deem necessarr Cor con-
ducs % Che affairs OF Che corporation,
fix Gheir compensation eth the right to
dismiss them 40 peas1se and shall fix
the salaries of she Offices herein pro-
Wided tus
ARTICLE vi.
Yhe Charter may be amended. except
as to increasing % decreasing its CAPT
taf stock. os shis corporation dissolved
u a general meeting % the ssocEhold
COS convened for thae purpose with the
assent OF one-half OF the entire stock.
Each saoc9holder muse be notified OF
such meeting by written notice mailed
o. him 40 Lease ten days prior to the
holding % such meeting. Should meet
ing be held for Che purpose OF inceras-
ing or decreasing the capital stock of
|ths corporation, notice of such meeting
shall be given by publication and to the
Stockholders in the manner as specially
provided by the laws OF the State Of
Louisiana.
In case OF dissolution of this corpora
zion. either by limitation or otherwise,
the affairs shall be liquidated by two
commissioners appointed for that pur
pose from among the stockholders to be
elected at meeting called as above
stated. Said commissioners shall give
such bond and receive such salary as
may be fixed by the stockholders.
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 ii stock sub
ScribSd for or owned by him, nor shall
any mere formality i'll the organization
null or OF exposing any stakeholder to
any liability beyond the unpaid balance
due on his stock
Done and passed at my Office in this
City OF Shreveport Louisiana, on the
day, month and year hereinabove writ
ten, in the presence of the tgo under
signed witnesses. who sign hereunto
with said appearers. and me, notary, at
ter due reading
GEO. w. SIGNOR.
F. FONNILLE.
c. w BILLEfTER.
Attest: