The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-19
ARTICLE If.

The purposes for which this corpora
ton is organized and the nature OF the
business to be carried on by it, are de-
clared to be a general mercantile busi-1
ness and all business incident thereto. "
ARTICLE ".
The capital stock of this corporation
is hereby fixed at the sum of ten thous-'
and ($Io,ooo.oo) dollars, to be divided
into one hundred (Ioo) shares of one
Sundred ($Ioooo) dollars per share, and
the corporation may begin business
when three thousand ($3ooooo) dollars
OF the stock is subscribed. The stock
shall be paid for in cash, or its eq',iva
lent, when subscribed for, or the same
may be issued at not less than par in
payment for the property purchased by
the corporation.
ARTICLE V.
All the corporate powers Of this cor
poration shall be vested in a board of
directors, to be composed of three stock
holders, which said board shall be elect
ed annually, commencing on the third
Monday i'll January 1907 and to serve
until the third Monday in January 1908.
The first board of directors is declared
to be Louis Heilperin, president; G. G.
Nesbitt, vice president, and Ike Musiow
secretary and treasurer. This said board
is to serve until the third Monday in
January 1908, as aforesaid, Or until their
successors are duly elected thereafter,
and such new board shall elect its pres
ident and secretary and treasurer. The
directors shall be elected by the stock
holders, each share of stock to be en-
titled to one vote to be cast by its owner
in person or by proxy, and majority
tof votes shall elect. Three CD directors
shall constitute quorum. The president
may appoint from time to time, and dis
miss, such clerks, agents and other en-
ployes as be deemed necessary for
the purposes and business of this cor
poration The board of directors may
make all such rules and regulations for
the management of the business as they
may deem necessary; shall have power
to 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, changed
or amended, and said corporation may
be dissolved with the consent of three
fourtlfs in amount of the capital stock
represented at any general meeting of
stockholders convened for the purpose
after FIVE days previous notice of said
meeting shall have been published in one
of the daily newspapers of the City of
Shreveport, meetings of stockholders for
other purposes than change of the char
ter Or dissolution shall be called by no.
tice in Shreveport paper as aforesaid.
| Whenever this corporation is dissolved
hv limitation or otherwise, its affairs
shall be liquidated by two commission
ers elected by the stockholders, who
shall have full power to wind up its af-
fairs, settle its liabilities and distribute
The proceeds among creditors and stock
holders.
ARTICLE VII.
No stakeholder shall ever be liable for
the contracts Or faults of this corpora
ton in any further sum than the unpaid
balance due to the company on shares of
stock SUBSCRIBED for All sales or trans
fers of stock must first be made on the
books of the company to be valid.
Done and passed in my Office in the
presence of Jules Dreyfuss and Philip
Lieber, competent witnesses, this Ioth
day of January 1907.
H. L. HEILPERIN.
G. G. NESBITT.
IKE MUSLOW,
per H. L. Heilperin
Witnesses:
JULES DREYFUSS.
PHILIP LIEBER.
DAVID T. LAND,
Notary Public
! hereby certify that | have examined
the foregoing charter and find nothing
therein contrary to law, and therefore
approve the same this 10Th day of Jan
uary 1907.
J. M. FOSTER,
District Attorney First Judicial District
Of Louisiana
Endorsed Filed and recorded Janu-
airy 70, 1907.
S. o. WILLIAMS,
putty Clerk and exrOfficio Deputy Re
corder
State of Louisiana, Parish OF Caddo.
| hereby certify that the above and fore
going is a true and correct copy of the
original act. as the scme now appears on
file and of record in my Office.
Given under my hand and seal of OF
fee this 10Th day of January 1907.
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