The Caucasian. (Shreveport, La.) 1900-192?, 1907-10-24

same.
| ] he board of directors shall have
power To borrow and lend money. ISSUE
bills of exchange, notes. bonds. drafts
and all other negotiable paper. execute
mortgages, and generally to do al
things incident to the object AMI pur-
poses of this corporation
| The president may employ such man
ayers. agents or sub officers as the in
tereSts of the corporation may require
subject to the approval of the board of
| directors
ARTICLE V.
| The capital stock Of this corporation is
| fifty thousand dollars, divided into five
| hundred shares of the par value of one
hun lrod dollars each This stock shall
| he paid for III cash when issued.
The corporation may begin operations
when SI2. 10000 stock has been sub
scribcd for and paid in No stakeholder
| hall be liable for more than the unpaid
| balance on the stock subscribed for by
| him, nor shall any mere inforn,ality i'll
organization have the effect of rendering
| the charter null or of exposing stock
holder to any liability beyond the amount
| Of his stock
ARTICLE VI
The directors shall be elected by bal
lot at the regular annual meeting called
tor that purpose or any meeting adj
iourned from same. At all stockholders
meetings each share of stock shall be
entitled To one vote: a stakeholder may
vote by proxy.
\ majority of the stockholders shall
constitute a quorum. A majority Of the
stock present and voting shall elect
directors
Special meetings may be called at the
pleasure Of the president or on demand
of three stockholders, due notice in writ
ing aud ten days printed notice in a
newspaper i'll the city OF Shreveport be
ing given.
The stockholders of this corporation
| at a general meeting called for that pur
pose, on demand of three stockholders.
! may modify. Id to- change, alter or
| amend or dissolve the corporation with
the assent of three fourths of the stock
represented at such meeting. This shall
not apply to increasing the capital stock
which is done under special laws.
Ten days written notice of any meet
| ing shall be given in writing. shall be
mailed to address Of each stakeholder b,
the secretary, AMI by publication
If dissolution be determined on. a 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
| liq,lidators
In testimony Of the above articles Of
| incorporation, in the presence Of the at
testing witnesses aud before me, notary.
| the above name1 lncorporators have
| hereunto set their names
Done and passed at my office III
| Shreveport. Louisiana, this roth day OF
October \. u. 1907.
J. J. GREEN.
J. +. cox.
| {. E. HERNDON.
J. r. HERNDON.
| hINED
| Attest:
| \. g. BRIDWELL
+. e. BAKER.
LEVEL E. BUTLER,
Notary Public
State Of Louisiana, Parish Of Caddo
| certify that | have examined the above
and foregoing charter, and finding moth
ing therein contrary to law, hereby ap
prove the same. this dav Of October 1907
J. NJ. FOSTER.
District Attorney, First Judicial Dis
trict OF Louisiana.
Endorsed Filed and recorded Octo
Der u, 1907.
+. A. LEONARD,
Clerk and tx-Officio Recorder
State Of Louisiana, Parish Of Caddo
| hereby certify that the above and fore
going is a true and correct copy OF thu
original act, as the same now appears OF