The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-24
ARTICLE III.

The objects and purposes tor which
this corporation is organized, and the
nature of the business to be carried on
by it, are declared to be: to conduct
general collection business, to solicit and
collect accounts to do a general COM
mercial reporting business anywhere in
the United States: to establish and
maintain branch offices anywhere in the
United States, and to do and perform
all things incident to such collection and
reporting business.
ARTICLE ".
The capital stock of this corporation
shall be five thousand dollars ($5ooo.oo)
divided into fifty shares of stock at one
hundred dollars ($Ioooo) each; said
corporation shall begin business when
all of said shares of stock are subscribed
and paid for. Any stakeholder shall
have the right to dispose of his stock
but same shall not be binding on said
company until entered in the books of
this corporation, and shall be preceded
by ten (Io) days written notice to the
secretary and treasurer hereof, and any
shareholder shall have the privilege of
buying same at its cash value.
ARTICLE V.
The business of this corporation shall
be managed by board of directors,
three 80 in number. The first board of
directors shall be composed OF Ponder
S. Carter, w w. Campbell and w. B.
Stille The first officers of said corpora
ton shall be Ponder S. Carter, presi-
dent; w. w Campbell, vice president );
Dora H. Carter, secretary and treas
urer Said officers and directors shall
hold their Office for the term of one
year from date hereof, but no vacancy
shall operate the forfeiture OF this char
ter, or affect any of the corporate rights,
but the officers shall continue in office
until their successors are elected and
qualified at the end Of each term, or as
soon thereafter as elections may be held.
A majority of stock shall decide all cleo
tons for directors or officers, and each
share of stock shall represent one vote.
All elections shall be under the super
vision of two (2) commissioners select
ed by the board of directors of this cor
poration, after ten (1o) days publica-
ton in a newspaper in Shreveport. La.
and said board of directors shall choose
said officers from among their number.
Two (2) directors shall constitute
quorum for transaction of business;
said board of directors shall fix the sal
aries of the officers, agents and en-
ployes.
ARTICLE VI
This act of incorporation may be al
tered Or amended, or the capital stock
increased or decreased, or this corpora
ton may be dissolved by the consent of
of the capital stock, at any
meeting convoked for that purpose, &C
cording to law, after thirty days notice
III Shreveport newspaper, and when
ever this corporation shall be dissolved,
by limitation or otherwise, its affairs
shall be liquidated by three commission
ers chosen for that purpose by the stock
holders at general meeting called for
that purpose after thirty days public
notice as above provided, and who. shall
continue in office until the affairs are
finally liquidated.
ARTICLE VII.
No stakeholder shall be liable for the
contracts or debts of this corporation
beyond the unpaid balance due the cor
poration on the shares of stock held by
him, nor shall any mere informally in
organtzaticn hereof have the effect of
rendering this corporation or charter
void or of exposing any stakeholder to
any liability beyond the amount of his
capital stock.
Thus done and signed on the Ist day
of February A. D. 1907, in the presence
of J. M. Rollosson and ]. L. Breath
witt, competent witnesses, after reading
the whole.
PONDER G CARTER.