The Caucasian. (Shreveport, La.) 1900-192?, 1907-03-05
wit
ARTICLE |.


COMPANY, Limited. By that name it
shall have power and authority to have
and enjoy succession for the term of
fifty (5o) years from and after the date
hereof; to contract, sue and be sued; to
make and use corporate seal and same
to change at pleasure; to hold, receive,
Ie; e and purchase, alienate and convey,
Is we'll as mortgage and hypothecate
pl operty, real and personal and mixed;
90 name and appoint such managers, di
rectors, officers and agents as the inter
st of such corporation may require, and
o make and establish such bylaws,
r4e es and regulations for the proper
i Anagement of the affairs Of said cor
)oration as may be necessary and prop
r, and the same to alter at pleasure.
ARTICLE II.
The domicile of this corporation shall
ne at Shreveport, Caddo Parish, State
If Louisiana, and all citations and legal
processes shall be served on the pres-
lent OF the corporation, or in his alb
,ence at the Office of the corporation ac
:ording to Article 1913, Code of Practice
If Louisiana.
ARTICLE Ill.
The purposes for which this corpora
ion is organized and the nature of the
business to be carried on by it are de-
;lared to be a general mercantile and
planting business and all business Incl
lent thereto-
ARTICLE ". .f
The capital stock of this corporation
S hereby fixed at the sum of fifty thous
md ($5o,eoo dollars, to be divided
nto five hundred (5oo) shares Of one
hundred .($Ioo.oo) dollars per share, and
he corporation may begin business when
Eighteen thousand dollars of the stock is
subscribed. The stock shall be paid for
IL cash or its equivalent when subscribed
for, or the same may be issued at not
ess than par IN payment for the prop
.rty purchased by the corporation.
ARTICLE V.
All the corporate powers of this cor
)oration shall be vested in a board of
directors. to be composed of three CD
stockholders, which board shall be elect
ID annually on the second Monday i'll
January, beginning in the year 1908.
I'he first board of directors is declared
be w. H. Williams, president; J. H.
Jordan, vice president; and J. {. Foster,
secretary and treasurer. This said board
S to serve until the second Monday i'll
January 1908 aforesaid, or until their
successors are duly elected thereafter,
md such new board shall elect its presi-
lent and secretary and treasurer. The
lirectors shall be elected by the stock
holders; each share of stock to be en-
tiled to enc vote to be cast by its own
# in person Or by proxy, and majority
of votes shall elect. Three directors
shall constitute quorum The president
nay appoint from time TO time, and dis
Miss such clerks, agents and other e1n- =
>loyes as may be deemed necessaryAfor
he purposes and business Ct thIs4Cor-
roration.. The board <of directors may
make all such rules and regulations for
he management of the business as they
nay deem necessary: shall have power
10 collect debts, borrow money, issue
bills of exchange, notes, execute mort
cages and generally to do all things in
cident to the objects and purposes of the
corporation.
ARTICLE VI
This charter may be modified, chang
ed or amended and said corporation dis
solved with the consent of three-fourths
n amount of the capital stock repre-
;ented at any general meeting Of stock
lolders convened for the purpose after
i've days' previous notice of said meet
ng shall have been published in one OF
he daily newspapers of the City OF
Shreveport; meetings Of stockholders
ior other purposes than change of The
charter or dissolution shall be called BY
notice in a Shreveport paper as atore
aid. Whenever this corporation is dis
solved, by limitation or otherwise, III
,fairs shall be liquidated by two com
mssioners elected by the stockholders
who shall have full power to wind up 1t:
affairs, settle its liabilities and distribute
the proceeds among creditors and stock
| holders.
ARTICLE VII.
No stockholder shall ever be held LA
| Bile for the contracts or faults OF thr
corporation in any further sum than tn
| unpaid balance due to the company Oh
| shares of stock subscribed for.
| All sales or transfers of stock mus