The Caucasian. (Shreveport, La.) 1900-192?, 1907-07-18

directors the remaining directors ma,
select stockholders to fill the same
The board of directors shall hav,
|poWer to borrow and lend money, ISSUE
bills of exchange, notes, bonds, draft:
and other negotiable paper, execut,
mortgages and generally to do all things
incident to the object and purposes ID
| this corporation.
| ARTICLE Va
The capital stock of this corpor;,for
shall be thirty thousand dollars divided
into six thousand shares of the par
value of five ($5oo) dollars each. This
stock shall be paid for i'll cash or its
equivalent at the time of its subscription
| ,nless other terms arc allowed by the
board OF directors.
At least one thousand shares Of the
Ear value of five (S5.ooo.oo) thous-
md dollars shall be subscribed and
'aid for before this corporation
shall commence business. No stock
holder shall be liable for more
han the unpaid balance on the stock
| subscribed for by him, nor shall any
mere informally i'll organization have
the effect of rendering the charter null
or Of exposing a stakeholder 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
tor that purpose Or any meeting ad
ourned for same. At all stockholders
meetings each share OF stock shall be
entitled to one vote. A stockholder may
vote by proxy. A majority of the stock
shall constitute a quorum. A ma jority
Of the stock present shall elect the di-
rectors.
Special meetings may be called at the
pleasure of the president, or on demand
IF three stockholders.
The stockholders of this corporation at
4 general meeting called for that pur-
pose on demand of three stockholders
may modidfy, add too, change, alter or
amend or dissolve the corporation witt,
the asseatI of three fourths of the stock
present. This shall not apply to increas-
ing or decreasing the capital stock,
which is done under special laws. Ten
lays written notice of any meeting sell
be given by the secretary
If dissolution be determined on, a ma
iority 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
incorporation, in the presence df the
attesting witnesses and before me, NO
tary, the above named incorporators
have hereunto set their names
Done and passed at my office in
Shreveport, La, this 10th day of June,
"A. D. 1907.
A. c. PITTS,
Subscribing for $40 shares.
Z. R. LAWHON,
Subscribing for 800 shares.
FRANK J. LOONEY,
Subscribing for 800 shares.
C. L. GAINES, 4
Subscribing for Is shares.
T. F. BELL, JR.,
Subscribing for one share.
]. A. THIGPEN,
Subscribing for 06 shares
Attest:
ELIAS GOLDSTEIN.
A. c. STEERE. !
S. I~ HEROL3
Notary Public.
hereby certify that 7 have examined
the above and foregoing charter and
finding nothing therein contrary to law,
hereby approve the same. This 22nd
day Of June, A. d. 1907.
J. NJ. FOSTER,
District Attorney First Judicial District
of Louisiana
Endorsed: Filed and recorded June
p, 1907.
F. A. LEONARD,
Clerk and ex-Officio Recorder.
State of Louisiana, Parish of Caddo
hereby certify that the above and fore
going is true and correct copy of the
original act as the same now appears