The Caucasian. (Shreveport, La.) 1900-192?, 1907-01-24
CHARTER
or THE HOssTON GIN COMPANY
LIMITED.

after named personally appeared I1elifE
T. I.enoir, Alexander r. Thompson, Will
liam A. Thompson and Jesse ii. Doipr,
all of Caddo Parish. Louisiana, who de-
clared that availing themselves of the
provisions of Act No. 60 of the General
Assembly of the State OF Louisiana, OF
the State of 9ouisiana, of the year 1888,
As we'll as those of the general laws OF
his State relative o. the organization OF
corporations, they have formed, and do
by these presents form and organize
themselves into a corporation for the OBJ
je1 ana Che purposes hereinafter set
forth, which el1ey do hereby a9elA as
their charser, en-wit:
ARTICLE 0
The same and sitle of said corporation
shall be THE HOSS1DN GIN COM
PANY. lIMlTED." and by that name
t shall have BOWER ana authority to Aave
nd enjoy succession for the Germ OF
twenty-five yeags Grom date heredf
ARTICLE TO.
The domicie' of this corporation sbah
be at Hosston, Gaddo Parish, louisiana
and all citations and Legal process shall
be served on Che president Of SAID cdR-
poration. ana in case of his absense upon
the vice president, an9 liz the absence OF
both, upon Nae treasurer uA said corpora
toe
ARTICLE gIL
This corporation shall have eowee and
authority O. eontsacs sue ana Dc suede
o make ana use a corporate sel and
The same to alteB az pleasures Co Aold,
.-eeeive, have, purAassS Lease convey
and selb as we'll as mortgage ana ny.
pothecatS andS its corporate aames
property, both seG ana personass to
name and appoint such Offices ana man.
tgers as the interest a such corporation
may require; to make ana establish a,lies
md regulations for ehe management and
regulation d lbs affairs as eng Se
deemed necessarys and Che same %
change at pleasure; to Sorrow anS end
money on reap estate. Or otAer securitys
and o. do all other acts anu things per-
mitted by lave 90 as shall De necessary
and proper % carry out the objects and
purposes Of said corporation.
ARTICLE 10.
The objects and purposes for whicA
ibis corporation is Organizea and the IA
lure Of its business are declared O. be
operating OF public gin for the ginning
of cotton.
ARTICLE V.
The capita9 stock of this corporation
is hereby fixed at six thousand 10000
dollars. to be divided into sixty shares
Of the par value of one hundred dollars
each, which shall be paid in cash at ele
lime of subscription, Or stock cray be
issued. at not less than par. in payment
" exchange for property sights actually
received or purchased by said corpora
ton.
ARTICLE 20
| All COL pcIdtt poWClS OI Sdid wi pofo
ton shall be vested in a board of direc-
tors, to be composed of the stockholders,
which board shall be elected annually on
the first Tuesday in January of each
year, the first election to be held on the
first Tuesday in January 1908, major
ity of whom shall constitute a quorum.
The first board is declared to be Hen
~ J. Lenoir, Alexander R. Thompson,
William A. Thompson and Jesse H.
Dolph, with Henry ]. Lenoir as presi-
dent w. A. Thompson as vice presi-
dent; A. R. Thompson treasurer, and
]. H. Dolph as secretary and general
manager; said board to serve until the
first election in January 1908. or until
their successors are duly elected; pro-
rided said board may be increased by
i vote of the stockholders after due no.
tice.
The directors shall be elected by the
stockholders, and no one shall be eligible
as director unless he be the. owner OF
stock-each share of stock shall be en-
titled to one vote to be cast by its owner
in person, or by proxy, and majority
Of the votes shall elect
/ This charter may be modified, changed
or altered, or said corporation dissolved
with the consent of two-thirds If
amount of the capital stock, represented
at any general meeting of the stockhold
ers convened for that purpose. after ter
days previous notice of said meeting
shall have been published i'll one of the
newspapers of the city of Shreveport
Louisiana.
In case of dissolution Or termination
of this corporation, either by limitation
of its charter or from any other cause
the liquidation of its affairs shall be con
Quoted by two commissioners, selected
by majority of the stockholders, and a
a meeting called for that purpose, a!
above set forth i'll this charter
ARTICLE VII.
No stakeholder of this corporation
shall ever be held liable or responsible