The Caucasian. (Shreveport, La.) 1900-192?, 1907-11-07

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corporation is established are as fol
lows: 10 manufacture. buy and sell fer
tilizers and fertilizer ingredients and
perform such other acts as pertain to the
fertilizer business
ARTICLE ~.
| he corporate powers of this corpora
ton shall be vested in board of direc-
tors composed Of five stockholders. The
directors shall elect a president, vice
president, and a secretary-treasurer and
shall prescribe the duties Of each.
Election of directors shall take place
the second Tuesday of June in each year.
| he first board of directors shall be as
follows: ], ]. Green, Marks Meyer, C.
6, Herndon. J. X. Herndon and J +
Cox, with J. ] Green, president: c. C.
llerndon, vice president; and ]. +. Cox,
secretary treasurer. All officers and Ii
rectors shall serve until tlier Successors
are elected. Service of all legal process
shall be made on the president, or, in his
| Z,
the company.
| The board of directors may make and
| establish such bylaws as may be ncces-
Sary and proper for the management and
regulation of the affairs Of the corpora
ton. If any vacancies exist among the
officers or directors, a meeting of the
stockholders shall be called to fill the
same
The board Of directors shall have
power to borrow and lend money. issue
| bills of exchange, notes, bonds, drafts,
and all other negotiable paper, execute
mortgages, and generally to do all
things incident to the object AMI pur-
Iposes of this corporation.
The president may employ such man
ayers, agents or sub-oficers as the in
terests of the corporation may require.
subject to the approval of the board of
| directors
ARTICLE V.
The capital stock of this corporation is
fifty thousand dollars, divided into five
hundred shares of the par value of one
hun bred dollars each This stock shall
be paid for in cash when issued
The corporation may begin operations
when $I2,5oo.oo stock has been sub
scribed for and'paid in. No stakeholder
shall be liable for more than the unpaid
balance on the stock subscribed for by
him, nor shall any mere informally in
organization have the effect of rendering
the charter null or of exposing 4 stock
holder to any liability beyond the amount
of his stock
ARTICLE VI.
The directors shall be elected by bal
lot at the regular annual meeting called
tor that purpose or any meeting adj
ourned from same At all stockholders
meetings each share of stock shall be
entitled to one vote; a stakeholder may
vote by proxy.
A majority of the stockholders shall
constitute quorum. A ma ority Of the
stock present and voting shall elect
directors
Special meetings may be called at the
pleasure of the president or on demand
of three stockholders, due notice in writ
ing and ten days printed notice i'll
newspaper i'll the city Of Shreveport be
ing given
The stockholders Of this corporation
at general meeting called for that pur-
pose, on demand of three stockholders,
may modify, aid to, change, alter or
amend or dissolve the corporation with
the assent of three fourths of the stock
represented at such meeting This shall
not apply to increasing the capital stock
which is done under special laws.
Ten days written notice of any meet
ing shall be given in writing, shall be
mailed to address of each stakeholder by
the secretary, AMI by publication.
If dissolution be determined on, ma
jority of the stock present shall select
three liqudators at the meeting so de-
and shall provide for filling
any possible vacancies among said
iquidators
In testimony of the above articles of
in the presence of the at
estlng witnesses and before me, notary,
he above named incorporation. have
1ereunto set their names
Done and passed at my office in
Louisiana, this 10TH day of
October A. d. 1907.
J. ]. GREEN.
J. F. COX.
c. c. HERNDON.
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