The Caucasian. (Shreveport, La.) 1900-192?, 1907-05-05
CHARTER
OF THE BURT CONSTRUCTION
COMPANY.

parties whose names are hereunto sub
scribed, all OF full age, who declared
that, availmg themselves OF the provis-
ions OF the laws OF the State u Louis
lana, and especially Art. Is OF 1904, they
have covenanted and agreed, and by
these presents covtlant and agree and
bind themselves, as we'll as such other
persons who may hereafter become asso-
ciated with them, to form and constitute
a corporation and a body polite i'll law
for the purposes, objects, articles and
conditions following, to-wit:
ARTICLE I.
The nature and title Of the said cor
poration shall Jc TIE BURT CON
STRUCTION COMPANY, and its
1omicile IS hereby established in the
City Of Shreveport and State q Louis
lana, and, under is sad corporate name,
the said corporation shall have the pow
e. and authority 10 contract; sue and
be sued; to make and Use a corporate
seal, and the same to break and alter at
pleasure; hold, receive, convey, pur-
chase, improve, ulienate, convey, sell,
borrow, pledge, mortgage and hypothe-
cate, under its said corporate name,
property, real, personal and mixed; to
name and appoint such officers, directors,
agents, managers, or employees as the III
terests and convenience Of the said cor
poration may require; TO make and es-
tablish bylaws, rules and regulations
for the proper management Of its at
fairs, and to change and alter same at
pleasure, and 10 do all acts and things
permitted by law, Or shall be necessary
and proper to carry out the objects and
purposes OF the said corporation, The
said corporation, unless sooner dis
solved, in accordance with its charter,
shall exist and continue fer period OF
twenty-five years, from and after date
hereof
The president, or, in his absence, the
secretary, shall be the proper person
upon whom all citation and other legal
processes shall be served
ARTICLE II.
The object and purposes for which
this corpiration is organize and the
business to be carried on by it are de-
clared to be as follows, to-wit: To con-
tract, to build, to erect, and to construct
levees, embankments, railroad embank-
ments, and do any and all other work
usually done with teams and scrapers.
ARTICL III.
The capital stock of the said cirpora-
| ton shall be ten thousand (SIo,ooooo
dollars, divided into and represented by
one hundred (Ioo) shares of the sum Of
one hundred (SIoooo) dollars each,
which said stock shall be paid for i'll
cash at the time of subscription, or the
same may be issued at not less than par
| in ypament, or exchanged for property
! If rights, actually received or purchased
| by the said corporation, or the same
Indy NC iSouSu 1uliy pdlu III 4iioli>y az
vanced, or for such other valuable con-
sideration Or services, as the board OF
directors Of the said corporation may de-
termine provided that no stock shall be
issued until the consideration therefor
has been received by the said corpora
ton. Any stakeholder may sell, assign
or transfer his stock to this corporation
provided, thirty (5o) days prior notice
of such intention to sell, assign or trans
fer same be given the company, and the
other stockholders thereof shall have the
first privilege of purchasing same, after
which thirty (3o) days notice the salt
stock may be sold in open market The
stock of the said corporation may be
transferred under the above conditions
provided the said transfer thereof be
made on the books of the said company
in its office OH the surrender of the GER
tihcate therefor. No transfer Of any
fractional part of a share shall be made
This corporation shall commence doing
business as soon as seventy-tive hundred
($7,5oooo) dollars OF the capital stock
has been subscribed for and paid in HE
board of directors shall have the right
to determine how much stock shall 'be
issued
ARTICLE ".
The corporate powers Of this com
pany shall be vested iii, and exercised by
board OF three directors, consisting OF
the president, vice president and secre-
tary-treasurer. Two of the said board
shall constitute quorum for the trans
action of business, and their decisions