The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-07

JectS ana purposes and under the StIpu-
latlons hereinafter set forth, which the,
do hereby accept as their charter, to,
wit:
ARTICLE I.
The name and title of this corporation
shall be the HAYTI PLANTING
COMPANY, Limited. By that name il
shall have power and authority to have
and enjoy succession for the term OF
fifty (5o) years from and after the date
hereof; TO contract, sue and be sued; to
make AID use corporate seal and same
to change at pleasure; TO hold, receive
lease and purchase, ALLEVIATE and convey,
as well as mortgage and hypothecate
property, real and personal and mixed
to name and appoint such managers, di-
rcctors, officers and agents as the inter
est of such corporation may require and
to make and establish such bylaws,
rules and regulations for the proper
management of the affairs of said cor
poratlon as may be necessary and prop
er, and the same to alter at pleasure
ARTICLE II.
The domicile of this corporation shall
be at Shreveport, Caddo Parish, State
of Louisiana, and all citations and legal
processes shall be served on the presi-
dent of the corporation, or in his abb
Sence at the Office of the corporation &C
cording to Article 1913, Code of Practice
of Louisiana
ARTICLE III.
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 and
planting business and all business Incl
dent thereto
ARTICLE ".
The capital stock of this corporation
is hereby fixed at the sum of fifty thous-
and ($5o,ooo.oo) dollars, to be divided
into five hundred 5000 shares of one
hundred ($Ioooo) dollars per share, and
the corporation may begin business when
eighteen thousand dollars of the stock is
subscribed. The stock shall be paid for
in cash or its equivalent when subscribed
for, or the same may be issued at not
less than par in payment for the prop
erty purchased by the corporation.
ARTICLE V.
All the corporate powers of this cor
poration shall be vested in board Of
directors, to be composed of three CD
stockholders, which board shall be elect
ed annually on the second Monday in
January, beginning in the year 1908.
The first board of directors is declared
to be w. H. Williams, president; J. H
Jordan, vice president; and ]. c. Foster,
secretary and treasurer. This said board
is to serve until the second Monday in
January 1908 aforesaid, or until their
successors are duly elected thereafter,
and such new board shall elect its presi-
dent 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 own
er in person or by proxy, and majority
of votes shall elect Three directors
shall constitute quorum The president
may appoint from time to time, and dis
miss such clerks, agents and other e1u
Dloyes as may be deemed necessary for
the purposes and business of this cor
Doration. The board of directors may
make all such rules and regulations for |
he management of the business as they |
nay deem necessary; shall have power |
% collect debts, borrow money, issue
bills of~exchange, notes, execute mort
cages and generally to do all things in
;ident to the objects and purposes of the /
ARTICLE VI.
This charter may be modified, chang
d Or amended and said corporation dis
olved with the consent of three fourths
II amount of the capital stock repre-
ented at any general meeting of stock
folders convened for the purpose after
i've days previous notice of said meet
ng shall have been published in one of
he daily newspapers of the City of
shreveport; meetings of stockholders
or other purposes than change of the
harter or dissolution shall be called by
Iotiee i'll a Shreveport paper as afore-
aid. Whenever this corporation is dis
olved, by limitation or otherwise, its
fairs shall be liquidated by two com
1ssioners elected by the stockholders,
tho shall have full power to wind TIP its
fairs, settle its liabilities and distribute
he proceeds among creditors and stock
olders
ARTICLE VII.
No stakeholder shall ever be held la
lie Tor the contracts or faults of this