The Caucasian. (Shreveport, La.) 1900-192?, 1909-06-06
CHARTER
OF THE WE WATSON ELECTRI
CAL COMPANY. =

Be it known that this day before me,
E. B. Herndon, notary public IN and
for the Parish of Caddo, State OF Louis
lana, duly commissioned and qualified
came, in the presence of witnesses here
matter undersigned, the several persons
whose names are hereunto signed, who
declared that availing themselves of the
provisions of the laws of the State of
Louisiana relative to the organization
of corporations, they have formed and
do by these presents form and organize
themselves into a corporation for the
objects and purposes, and under the
stipulations hereinafter set forth, they
do hereby accept as their charter, to-
wit:
ARTICLE I.
The name and style of this corpora
ton shall be THE WE WATSON
ELECTRICAL COMPANY. By that
name it shall have power and authority
to have and enjoy succession for the
time of twenty-five years from and
after the date hereof; to contract, sue
and be sued, to make and use cor
porate seal, and same to change at
pleasure; to hold, receive, lease and pur-
chase. ALLEVIATE and convey, as well as
mortgage and hypothecate property,
real, personal and mixed; to name and
appoint such managers, directors, OF
hcers and agents as the interest of such
corporation may require, and to make
and establish such bylaws, rules and
regulations for the proper management
of affairs of said corporation as may
be necessary and proper, and the same
to alter at pleasure.
ARTICLE II.
The domici1e of this corporation shall
be in the City of Shreveport, Caddo
Parish, Louisiana, and all citations and
legal process shall be served on the
president of the corporation, or in his
absence at the office of the corporation
according to the laws of the State 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 electrical and gas
fitting supplies, novelties and contract
ors for electrical and gas fitting.
ARTICLE ".
The capital stock of this corporation
is hereby fixed at the sum of ten thous-
and ($1oooo) dollars, to be divided into
one hundred shares of one hundred
($Ioo) dollars each, and the company
may begin business when $1,000 of the
stock is subscribed. The stock shall be
paid in cash or its equivalent when sub
|scribed for, or the same may be issued
for not less than par. in payment of the
property 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
stockholders, which board shall be elect
ed annually on the first Tuesday in
June, beginning in the year 1910. The
first board of directors is declared to
be Ivie Watson, Frank M. Jones and C..
IC Miller, with Ivie Watson president
and treasurer, and Frank NJ Jones to
be vice president. and c. c. Miller to be
secretary The said board is to serve
until the first Tuesday in June 1910, or
until their successors are duly elected
thereafter, and such new board shall
elect its president, vice president and
treasurer. The directors shall be elected
by stockholders. Each share of stock
shall be entitled to one vote, to be cast
by the owner in person or by proxy, and
the majority of the votes shall elect.
Two directors shall constitute a quo
rum. The president may appoint from
time to time, and dismiss, such clerks,
agents and other employees as he may
deem necessary for the purpose of the
business of this corporation. The board
of directors may make all such rules
and regulations for the management Of
| the business as they may deem neces-
sary; shall have power to collect debts
borrow money, issue bills of exchange
notes, execute mortgages and generally
| to do all things instant to the objects
and purposes of the corporation
ARTICLE VI.
This charter may be modified
changed or amended and said corpora
| ton dissolved with the consent of three
fourths in amount of capital stock, rep
resented at any general meeting of stock
holders convened for the purpose, after
FIVE days previous notice of said meet
| ing shall have been published in a daily
newspaper of the City of Shreveport.
| Meeting of stockholders for other pur-