The Caucasian. (Shreveport, La.) 1900-192?, 1907-10-31
ARTICLE, TIT.


ried on and the purposes for which this
corporation is established are as fol-
lows: / Q manufacture, buy and sell fer
tilizers and fertilizer ingredients and
perform such other acts as pertain TO the
fertilizer business
| ARTICLE ".
The corporate powers Of this corpora
ton shall be vested in a boarI OF lirec-
tors composed of five stockholders. The
directors shall elect a president, vice
president, and 4 secretary treasurer, and
shall prescribe the duties of each
Election Of directors shall take place
the second Tuesday of June in each year
| The first board of directors shall be as
follows: ]. ]. Green, Marks Meyer, c.
c. Herndon, ]. r. Herndon and J. F.
Cox, with J. J. Green, president; c. c.
Herndon, vice president; and J. T. Cox
secretary-treasurer All officers and Ii
rectors shall serve until ther successors
are elected. Service of all legal process
shall be made OH the president, or, in his
absence on the secretary. at the office of
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. 4 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-
poses of this corporation.
The president may employ such man
ayers, agents or sub-officers 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
hundred dollars each. This stock shall
be paid for in cash when issued.
The corporation may begin operations
when $I2,5oooo stock has been sub
scribed for and paid in. No stakeholder
shall be liable for more than the unpaid
! balance OH the stock subscribed for by
| him, nor shall any mere informally in
Organization have the effect of rendering
the charter null or of exposing 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
for that purpose or any meeting adj
journed 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 a quorum. A majority 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 in a
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, add 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 i'll writing, shall be
mailed to address of each stakeholder by |
the secretary, AMI by publication.
If dissolution be determined on, a ma
jority of the stock present shall select |
three liquidators at the meeting so de-
termining, and shall provide for filling
any possible vacancies among said |
liquidators.
In testimony of the above articles of |
in the presence of the at
testing witnesses and before me, notary,
the above named incorporators have
hereunto set their names
Done and passed at my office in
Shreveport, Louisiana, this 10Th day of
October A. d. 1907.
J. J. GREEN.
]. F. COX.
c. c. HERNDON.