The Caucasian. (Shreveport, La.) 1900-192?, 1907-07-25

directors the remaining directors may
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 ($s.oo) dollars each. This
stock shall be paid for IN cash or its
equivalent at the time Of its subscription
Unless other terms arc allowed by the
board of directors.
At least one thousand shares Of the
par value Of five ($s.ooooo) 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 in organization have
the effect of rendering the charter null
or of exposing stakeholder to any
liability beyond the amount Of his stock,
ARTICLE VI
The directors shall be elected by bal
ot at the regular annual meeting called
ior that purpose or any meeting ad-
onrncd for same. Al all stockholders
meetings. each share of stock shall be
untitled To one vote. A stakeholder may
vote by proxy A majority Of the stock
hall constitute a quorum. A majority
If the stock present shall elect the di
.ectors.
Special meetings may be called at the
pleasure Of the president, or on demand
If three stockholders.
The stockholders of this corporation at
general meeting called for that pur-
,ose on demand of three stockholders
may modidfy, add too, change, alter or
1mend 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
lays written notice of any meeting shall
bc given by the secretary.
T., Info
iority Of the stock present shall select
three liquidators at the meeting so de
termi,,ing, and shall provide for filling
any possible vacancies among SAID
! liquidators.
In testimony Of the above articles OF
incorporation, in the presence Of the
,ttesting witnesses and before me. no
tary, the above named mcorporators
have hereunto set their names
| Done and passed at my office IN
Shreveport, La, this 10th day Of June,
A. d. 1907
A. c. PITTS,
Subscribing for $40 shares.
T. r. LAWHON.
Subscribing for 300 shares.
FRANK J. LOONEY,
Subscribing for 900 shares
! C. l.. GAINES,
Subscribing for Is shares
r. F. BELL, JR.,
Subscribing for one share
]. A. THIGPEN.
Subscribing for Oh shares
| Attest:
| ELIAS GOLDSTETN
| A. G. STEERE.
| S l. HEROLD,
Notary Public
| | hereby certify that have examined
the above and foregoing charter an'
finding nothing therein contrary to law
II hereby approve the same. This 22n'
day Of June, A. ID. 1907.
J. NJ. FOSTER,
district Attorney First Judicial Di>trIc
of Louisiana.
Endorsed: Filed and recorded Jun'
, 22, 1907.
F. A. LEONARD,
i. Clerk and ex-Officio Recorder
: State of Louisiana, Parish of Caddo
hereby certify that the above and fore
, Igoing is true and correct copy Of tn
! original act, as the same now appear