The Caucasian. (Shreveport, La.) 1900-192?, 1909-05-30

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 corporation for the
objects and purposes, and under the
stipulations hereinafter set forth. they
do hereby accept as their charter, to-
wit
ARTICLE /.
The name and style of this corpora
ton shall be THE I'VE WATSON
ELECTRICAL COMPANY. By that
name it shall have power and authority
to have and enjoy succession for the
time of twenty 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
fcers 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 domicile 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 I
Is. hereby fixed at the sum of ten tnous-
and ($Io,ooo) dollars, to be divided into
one hundred shares Of one hundred
l$Ioo) dollars each, and the company
may begin business when 5000 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 Y.
All the corporate powers Of this cor
poration shall be vested i'll a 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
irst board Of directors is declared to
,e lIvie Watson, Frank M. Jones and c.
:. Miller, with Iyie Watson president
md treasurer, and Frank NJ. Jones to
,e vice president, and c. G. Miller to be /,
secretary. The said board is to serve
1ntil the first Tuesday in June 1910, or
Until their successors are duly elected
hereafter. and such new board shall
lect ifs president, vice president and
reasurer The directors shall be elected
u Stockholders Each share Of stock
hall be entitled to one vote, to be cast
Il the owner in person or BY proxy, and
he majority of the votes shall elect.
Ewo directors shall constitute quo
nm The president may appoint from !
irne to time, and dismiss, such clerks, I,
gents and other employees as he may
eem necessary for the purpose Of the ]
usiness Of this corporation. The board :
{ directors may make all such rules :
nd regulations for the management Of !
IL business ais they may deem neces-
Try; shall have power to collect debts,
orrow money, issue bills of exchange,
otes, execute mortgages and generally
) do all things instant to the objects I,
I'D purposes of the corporation.
ARTICLE VI.
This charter may Be modified,
hanged or amended and said corpora
oh dissolved with the consent of three
surfis III amount Of capital stock, rep n
scented al any general meeting Of stock e
a1sers convened for the purpose. after !
Ee days previous notice Of said meet is
& shall have been published in a daily 10
.wspaper of the City Of Shreveport Al
eeting Of stockholders for other pur- d
sses, and change Of charter or DISCO is
ton, shall be called By notice in a fc
areveport paper as aforesaid When
ter he corporation is dissolved by :
nitation OF otherwise, The affairs shall Il
Iiquidated by two commissioners 4,
seted by the stockholders. who shall Il
.ye full power to wind up its affairs, 4