The Caucasian. (Shreveport, La.) 1900-192?, 1907-03-03

| and telephone lines as may be incident
thereto, and to conduct in connections
Herewith general mercantile business
| with full power to buy, sell Or exchange
timber and timber lands necessary in the
| conducting of a general saw mall and
| lumber business i'll the States of Louis
lana and Texas and elsewhere rs the
| BOARD OF directors may determine
ARTICLE III.
The capital stock of this corporation
| is hereby fixed at six hundred thousand
| dollars, divided into six thousand shares
o. one hundred dollars each, and shall
! thousand shares of said capital stock
| shall be paid for in cash or property &C
tually delivered or services rendered to
| the corporation, and shall be due and
payable in such amount and at sucts
time as the board OF directors may de
termine.
ARTICLE "
The affairs of this corporation shall
be managed by a board of directors
composed of seven stockholders, who
shall be elected annually ethe third
Tuesday in March 1908 and annually
thereafter, as a meeting of the stock
holders called for that purpose after ten
days printed notice III newspaper pub
lished in the City of Shreveport, Louis
lana; provided, that said stockholders
may, by unanimous consent in writing,
waive such notice of such meeting OF
stockholders, except when otherwise
provided by law. Until said election on
the third Tuesday in March 1908, the
board of directors of this corporation
shall be E, A Frost, who shall be presi-
dent; H. H. Wheless who shall be first
vice president; G. S. Prestrldge, who
shall be second vice president; R. D.
Collins, who shall be secretary, and F.
T. Whited, who shall be treasurer, with
G. A. Kelly and w: J. Townsend, who
shall serve until their successors are
duly elected and installed.
In all stockholders meetings each
share of stock shall have one vote, to
be cast by its owner in person or
through and by written proxy, and In
all such meetings majority of the stock
present and represented shall control.
ARTICLE ".
This charter may be amended or abol-
ished and this corporation may be ter
minated at any time by vote of three
| fourths of the capital stock of said cor
poration at meeting called for SAID
purpose, after notice in the time and
manner provided by law and whenever
| SO dissolved by the vote of the stock
| holders, Or when terminated by limita-
ton, its affairs shall be wound up by
three liquidators, who shall be selected
| by the stockholders and who shall give
such bond and perform such duties as
the said stockholders may prescribe, and
in the case of death or failure to act ON
the part of said liquidators, the remain
ing liquidators shall appoint a successor
to fill such vacancy,I and the liquidator,
or liquidators, so appointed shall con-
form to all of the duties and require
ments specified by the said stockholders
at said meeting wherein said liquidators
were originally elected.
ARTICLE VI.
| No stakeholder of this corporation
shall ever be held liable or responsible
for the contracts or faults of this cor
poration in any further sum than the
unpaid balance due the corporation On
the shares owned by him, nor shall any
mere informality in the organization
have the effect of rendering this charter
null or of exposing stakeholder to any
liability beyond the amount of his stock
This corporation shall have all of the
power and authority vested in corpora
tons under the laws of the State of
Louisiana and especially under Section
6S4 of the Revised Statutes of said
State.
In testimony whereof said parties
have hereunto signed their names in
presence of the undersigned attesting
competent witnesses and me, notary, af-
ter due reading on the day and date first
in the beginning written.
| E. A. FROST.
F. T. WHITED.
G. S. PRESTRIDGE.