The Caucasian. (Shreveport, La.) 1900-192?, 1907-07-23

directors the remaining directors ma,
select stockholders to fill the same
| The board of directors shall have
power to borrow and lend money, issue
bills of exchange. notes, bonds, drafts
and other negotiable paper. execute
mortgages and generally to do all things
incident to the object and purposes of
this corporation.
ARTICLE V.
The capital stock of this corporation
shall be thirty thousand dollars divided
into six thousand shares of the par
value of five $500 dollars each This
stock shall be paid for in cash or it's
equivalent at the time of its subscription
rnless other terms arc allowed by the
board of directors.
At least one thousand shares Of the
par value of five ($5ooooo) thous-
and dollars shall be subscribed and
paid for before this corporation
shall commence business. No stock
holder shall be liable for more
than the unpaid balance on the stock
subscribed for by him, nor shall any
mere informally i'll organization have
he effect of rendering the charter null
or Of exposing stakeholder to any
liability beyond the amount of his stock
ARTICLE VI.
he directors shall be elected bO bal
lot at the regular annual meeting called
for that purpose Or any meeting ad-
iourncd 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 majority
of the stock present shall elect the di
rectors
Special meetings may be called at the
pleasure of the president, or on demand
Of three stockholders.
The stockholders of this corporation at
general meeting called for that pur
pose on demand of three stockholders
may modidfy, add too, change, alter or
amend or dissolve the corporation with
the assent 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
days written notice of any meeting shall
be given by the secretary.
If dissolution be determined on. ma
jority 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 of 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 goth day Of June
A. d. 1907.
A. c. PITTS,
Subscribing for $40 shares.
Z. r. LAWHON,
Subscribing for 900 shares
FRANK J. LOONEY,
Subscribing for 800 shares.
c. l.. GAINES,
Subscribing for Is shares.
T. F. BELL, JR.,
Subscribing for one share.
J. A. THIGPEN,
Subscribing for % shares.
Attest:
ELIAS GOLDSTEIN.
A. c. STEERE.
S. L. HEROLD,
Notary Public
hereby certify that | 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. M. FOSTER,
District Attorney First Judicial District
of Louisiana.
Endorsed: Filed and recorded June
22, 1907.
+. 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