The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-26

the corporation deem it advisable to es-
tablish commlssary, or commlssaries,
on such lands and plantations as may
be acquired by said corporation. The
lands to be purchased for converting
same into orchards and berry farms, or
other agricultural purposes, to be IN
Caddo parish. or such other parishes and
places in the State of Louisiana as may
ne selected by. the board Of directors.
The domicile of this corporation Is
hereby fixed IN Shreveport, Caddo Par
ish, Louisiana Citation and all other
legal process shall he served upon the
president. or in his absence at the Office
# the corporation. according to law
ARTICLE III.
The capital stock of this corporation
is hereby fixed at ten thousand dollars
tSto,ooo.oo), divided into one hundred
,hares of one hundred dollars ($Ioo.oo)
Zach: and this corporation Is authorized
% begin business when three thousand
dollars ($3.ooooo) of said capital stock
shall have been subscribed and paid for
IN cash, or its equivalent
All transfers of stock to be valid and
binding shall be made on the books OF
he corporation, and no transfer OF stock
hall be valid unless such stock be first
,ffercd to the corporation. and the indi-
.idual stockholders thereof, at its then
market price, aud the first option being
given them to buy at such price.
ARTI,LE ".
The corporate powers of this corpora
ion are hereby vested IN board of d-
ectors, consisting of three stockholders,
wo of whom shall constitute a quorum
or the transaction of business The
| ,oard of directors shall be elected an
iually by ballot by the stockholders oi
| he corporation at regular meeting to
| ,e held on the first Monday of October
# each year, beginning i'll the year
| 1907; and the directors shall elect the
other officers Of the corporation
Until such meeting shall be held ana
| heir successors there elected be quail
led. the board of directors shall be II
| ). Norton, B. U Jacob and b. d. Gray
with II S. Norton as president. b. l
Jacob vice president, and b. ID. GRAY
secretary and treasurer.
The board of directors shall have ait
hority to make all necessary regulations
nd bylaws for the conduct and govern
nent of the corporation. as well as t.
appoint such officers, agents and EN-
,loyes as may be considered proper b,
aid board.
ARTICLE V.
At all meetings Of stockholders, eac
share of stock shall be entitled to on
vote. to be cast in person by the holde
or by proxy. and .inajority of vote
cast shall elect.
At all meetings Of stockholders, eS
ept the regular annual meeting. sha
e notified to the stockholders by writ
eli or printed notice sent to the pos
,ffice address Of the stockholder by res
= istered mail at least ten days prior
such meeting.
ARTICLE VI.
y This act of incorporation may
amended or altered or the corporate
dissolved by vote of three-fourths
j amount of the capital stock Of said co
,oration at a special meeting to be call'
l. for such purpose, in the manner herei
after provided
ARTICLE VII.
's Whenever the corporation Is d
- solved, by limitation or otherwise,
fairs shall be administered and wou
10 by two liquidatcrs to be selected
L. he stockholders a. meeting called
r hat purposc in the manner provided
Z his act. These liquidators shall CO
Id inue in Office until the full liquldatl
se # the affairs of the concern. In case
Id the death. disability or resignation
ID these liuudators, or either of them.
f; vacancy may be filed by the stockho
to ers at a meeting regularly called; or,
nd the discretion of the stockholders.
IS affairs shall be conducted by the rema
all ing liquidator alone.
he ARTICLE VIII.
No stockholder in this corporal
shall ever be subjected to or liable
,r any debts, contracts or faults OF
he corporation in any sum in excess OF
nd unpaid balance, if any, due on his ST
OF therein nor shall any informality IN
Of ganization have the effect OF render
ng this charter null or Of exposing
MS, stockholder to any personal liability.
The This done and passed at my Office
1er said Parish Of Caddo, in the presence