The Caucasian. (Shreveport, La.) 1900-192?, 1909-04-08

this corporation is organized ard the ma
ture of the business to be carried on b,
it are declared to be: To conduct ane
carry on business OF wholesale grocer:
and commission merchants
ARTICLE III.
The capital stocr OF this corporation
shall be twenty five thousand dollar:
(S25 100000. divided INTO and represent
led BY two hundred and fifty shares
(25o) of the par value of one hundred
dollars (SIoooo) each, which stock shall
be paid for in cash or in property. rights
and credits actually received by sale
corporation at time of subscription OF
when called for by the board of dlrec-
tors of this corporation, provided that
no stock shall be issued until the con-
sideraton therefor has been received by
said corporation. This corpo1 alton is
authorized to commence business when
fifteen thousand ($15 ooooo) dollars OF
the stock shall have been subscribed and
paid for
ARTICLE ".
| The corporate powers of said eorpor-
alton shall be vested in and exercised by
a board of directors of three Cd stock
holders The following persons shall
constitute the first board of directors,
Wiz: W. F. Taylor, J. H. Jordan and
&c. l.. Nelson, with W. F. Taylor as
president and c. L. Nelson as secre-
tary and treasurer. The said officers and
directors shall hold their Office until the
second day of January A. D 1910, or
until their successors shall have been
duly elected and qualified On the said
day of January 1910, and annually
thereafter board of directors shall be
elected. unless said date shall be legal
holiday, in which event the first legal
day thereafter Notice of the said cleo
ton shall be given by ten days notice
sent by mail to each stakeholder. The
board of directors shall appoint one or
more stockholders to preside at such
election. Any failure, from any cause
whatever to hold such meetings or to
elect said board of directors on the day
named for that purpose, shall not dis
solve said corporation, but the directors
and officers then in office shall hold over
until their successors are chosen and
qualified At every election and stock
holders meeting each stakeholder shall
be entitled to one vote for each share OF
stock registered on the books of the cor
poration in his name Votes may be in
person or by proxy authorized in writ
ling. After each election the board of
directors shall elect from their number
the above named officers.
ARTICLE V.
This charter may be changed, altered
Or amended Except to increase or de-
crease the capital stock) or the corpora
ton may be dissolved at general meet"
ing convened for that urpose, with the
assent of thrse-fourths 90 of the
capital stock of this corporation repre-
scented at such meeting Ten days prior
|notice of such meeting shall be given by
publication as herein provided for. In
case of the dissolution of the corpora
ton by limitation Or otherwise, its at
fairs shall be liquidated by three com
missioners selected by and from among
the stockholders, at meeting called,
after due notice, for this purpose.
No stakeholder shall ever be held
liable or responsible for the faults OF
contracts of the corporation in any fur
ther sum than the unpaid balance due
the corporation on the shares Of stock
subscribed for or owned by him, nor
shall any infornlality in organization
have the effect of rendering this charter
null or exposing stakeholder to any
liability beyond the amount of his stock
| Done and passed at my office in said
Parish in the presence OF W. H. Wise
and S. O. Williams, competent wit
nesses, who signed these presents to-
gether with said apearers and me, no.
tary, after due reading of the whole.
i W. F. TAYLOR.
I G. L. NELSON.
\ J. H. JORDAN.
I HERMAN LOEB.
S. J. HARTMAN.
E. H. RANDOLPH.
r A. GRAY.
r. R. EMERY.
R. II. GRAY.
S. S. HUNTER.
Attest:
w. H. WISE.
S. O. WILLIAMS.
: 4. B. FREYER,
Notary Public Caddo Parish Louisiana
State of Louisiana, Parish Of Caado
After examining the above and forego
ing act of incorporation and fndin,
, nothing therein contrary to law, l here
bv approve the same. Done and signe'
officially on this the 18th day of Febrl
l,rv 1000 7. NJ. FOSTER.