The Caucasian. (Shreveport, La.) 1900-192?, 1909-06-01

stock, that may be held by the company,
as treasury stock, with the full power to
sell such treasury stock, to fix the price
at which the same shall be sold, and
False the condition, manner and provis-
ions for the sale thereof; stock paid UP
and not subject to assessment may be
issued by said board of directors, at not
less than par value, in payment of labor
done or property and rights actually re-
ceived by the said corporation.
ARTICLE V.
All the corporate powers of said cor
poraton shall be vested in and exer-
cised by board of directors, to be
composed of seven CD stockholders,
each of whom must be the owner of at
least ten (Io) shares of the capital stock
of said company, who shall be elected
annually on the second Thursday of
May of each year. All such elections
shall be by ballot and conducted at the
office of said corporation under the su-
perintendence of three commissioners,
to be appointed by the board of direc-
tors, ard of which election ten days
prior notice shall be given in one or
more newspapers published in the cities
of Leesville, State of Louisiana, and
Kansas City, State of Missouri, and
each stockholder shall be entitled to one
L IL Il, L. eI1.
| his name on the books of the company,
| to be cast by proxy OF in person, and a
majority of votes shall elect. Ali vacan-
| cies occurring among the directors by
death, resignation or otherwise, shall be
| filled for the remainder of the year by
| the remaining directors; failure to
fled shall not dissolve the corporation,
| but the directors then in office shall re-
main in office until their successors are
elected and qualified, and shall cause to
be had another election as soon as pos
sible thereafter, aften ten days prior
notice thereof shall have been given in
one or more newspapers published in
the cities of Leesville, State Of Louis
lana, and Kansas City, State of Mis-
souri,. Said board of directors shall
have full power and authority to bor-
row money, execute mortgages, issue
uqtess hepfsreeforffs rffsalee-. rr-lsyuc
Ideliver full paid shares of stocks or.
bonds or obligations Of said corporation
at not less than par, in payment Of labor
ldone or money borrowed, or property
ior rights actually received by said cor
lporation: and to acquire and sell 1nyeri-
ltions and letters patent pertaining to its
business, or license TO use such inven-
Itions and letters patent.
ARTICLE VI.
The following named persons, toeWif
e IT. M. Gore, J. D. Justice, w. B. Betty
al II. S. Love, H. NJ. Harrison, S. 6. War
S ner and S. P. Shope, have been ehosei
:, and selected as the first board OF dtrec
e tors of said company, to serve as sue
e until the first annual meeting or as here
(, in provided for, to-wit, the secon
/; Thursday in May, nineteen hundred an
r four, or until their successors have bee
10 telected.
D J. NJ GORE.
a F. S. LOVE.
lie w. B. BETTY.
n Witness.
lg B. E. LINE.
r G. A. JOHNSON.
- - Thus done and passed in my office
said city of Kansas City, State OF MI
souri,, in the presence of Messrs. b.
Line and G. A. Johnson, competent W
~ lneses of lawful age, both Of this ca
who heretnto sign their nanes WI
!. - said appearers, and myself, comm
~ ~ sioner. on the day and date aforesaid.
~ H. R. LEAVENS
:, Commissioner for the State of Lou
- lana in Missouri.
an Endorsed: Filed and recorded NJ
rat Ia ,ooa F. A. LEONARD
to Clerk and ex-Officio Recorc
'wn Recorded in Conveyance Book
MS page 28a, of the records of Caddo 7
~" ish, Louisiana.)
n a
said State of Louisiana, Parish OF Cad
tive I hereby certify that the above and tt
$50 going is a true and correct copy OF
own original act, as the same now apps
tate, on file and of record in my office III
oses under my hand and seal of Office
2zth day of May 1909.
A. S. HARDIl
Deputy Clerk and ex-Offieio Deputy
. .'Aoi corder.
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craC.KIInI DERS MEETING