The Caucasian. (Shreveport, La.) 1900-192?, 1907-09-08
til July I. 1908 on which date and there

after annually. board of directors shall
be elected on the rst day Of July Of each
lvcar. unless the same should he \ holi-
day. when the election shall be held on
the next legal day thereafter.
Notice of such election shall be given
by at least ten Go) lays continuous
publication Immediately preceding each
election. N one of the daily newspapers
shall appoint one or more stockholders to
he commissioners at such election. In
The event of the failure Of any conn,s
soner or commissioners to attend. the
president shall by appointment fill the
vacancy. Any failure from any cause
whatsoever 10 elect directors the day
named for that purpose shall not dis
solve the corporation. but the directors
then in office rs well as the officers Of
said company. shall hold over until their
successors arc chosen. In such event
the president shall cause another election
to be held within thirty days. and shall
give notice thereof as hereiubefore pro-
vided
| At every election and meeting, each
stakeholder shall be entitled to vote for
each share Of stock registered III his
name. aud may vote by proxy
! he election Of directors shall he by
ballot. and the majority III amount of
votes cast. each share Of stock voted on
to he counted as one vote. shall elect the
person or persons for whom they have
been cast
tors shall elect from their own number
the officers Of sai company
The board Of D.' rtors shall have full
power to FIJI re.r 5 III their number
caused ly I-ati go ,nation or other
wise. from among the stockholders of
the company
The said board shall have full control
of the property Of the company, and shall
SO conduct. manage and Use the same
as III their discretion they deem fit. and
that is consistent with the objects of this
company, or the welfare of the same
The said board is further authorized
to frame and ADOPT such bylaws, rules
and regulations as the affairs and the
business of the corporation may require.
The said board shall elect or appoint
such officers. agents. employees. servants.
and clerks as it may deem necessary for
the conducting Of the business of the
company, fix their compensation, term of i
service, with the right to dismiss them
at said boards pleasure; and the said
board shall have the right to fix and de
termine the salaries of the several of
hcers herein provided for.
ARTICLE V.
This charter may be changed, mod
fed, or amended, the capital stock in
creased or decreased, or this corporation
may be dissolved, at a general meeting
of the stockholders convened for the
purpose, with the assent of three fourths
of the capital stock represented at such
meeting.
len days prior notice of such meeting
shall be given in any daily newspaper
published in the city
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
conducted by i''ree commissioners. sell
ected from L. stockholders, with the as.
sent, and ., meeting called for that
purpose, u, ,b1ve set forth in this
article.
ARTICLE VI.
No stakeholder of this corporation
shall ever be held liable or responsible
for the contracts or faults thereof, in
any further sum than the unpaid balance
due the company on the shares Of stock
subscriber for or owned by him. nor
shall any informally in organization
have the effect of rendering this charter
null. or of exposing a stakeholder to any
liability beyond the unpaid balance, if
any. of his stock
hus done and passed at my office on
the 10th day of August 1907, i'll the pres
ence of A. A. LeRosen and H. C. Fisher,
competent witnesses, after reading the
whole.
ID. G.. PETTY, SR.,
by J. J. Marshall
ID. 6. PETTY, JR,
J. ]. MARSHALL.