The Caucasian. (Shreveport, La.) 1900-192?, 1909-09-28
ARTICLE II.


to en- Joy succession for ninety
nine years from and after the date
hereof; to contract, sue and be sued;
make and use a corporate seal; hold,
receive lease, charter, purchase and
sell, as well as mortgage and convey
real and personal property; operate
steamboats,, vessels and other vehicles
for the transportation of freight, pas
sengers, mail, etc, by water; name and
appoint such managers, directors and
officers as its interests may require, and
make as we'll as alter, such bylaws as
may be deemed proper.
ARTICLE II.
The donicile of said corporation shall
be in the City of Shreveport, Caddo
Parish, Louisiana, and citation and
other legal service shall be made upon
the president, or in his absence, upon
the vice president or secretary.
ARTICLE III.
The objects and purposes for which
said corporation is established and the
nature of the business to be carried on
are to procure and maintain sufficient
number of steamboats, or other vessels
for the transportation of freight, pas
sengers, mail, etc, for compensation,
and the transaction of any and all bus
mess connected with the running, char
tering and maintaining one or more
lines of steamboats, from the City of
Shreveport to any and all points on the
Mississippi and Red rivers or their
tributaries, and the creation Of freight
express, with the further right to carry
on such things as are incident to the
conduct of said business.
ARTICLE ".
The capital stock of this corporation
is hereby fixed at the sum of one hun
dred thousand ($Ioo,ooo.oo) dollars
divided into four thousand shares OF
the par value of twenty-five ($25.oo)
dollars each, to be issued at not less
than par, for cash or for property ac-
tually received or purchased by the cor
poration; the corporation, however, may
begin business and become a going. CON
Germ whenever four hundred and eighty
| (48o) shares of its stock has been sub
scribed and paid for in cash or in prop,
erty, as above provided.
ARTICLE ".
| The powers of this corporation shall
lbe vested in a board Of directors COM
Iposed of seven % stockholders; sait
stockholders shall be elected annually
on the first Monday in September o
each year, at meeting of the stock
holders, which shall be held at the of
fee of the company, Shreveport, Louis
lana, after ten days notice in any on
of the newspapers published in the Cit,
:. of Shreveport. Each share of stock shall
be entitled to one vote, and the major
ity of the stock present and voting a
such meetings shall elect. Stock ma.
be voted at all meetings either by tn
owner in person or by proxy. The frs
board of directors, hereinafter named
or any board of directors that may b
heeafter elected by the stockholders
shall remain in office until their success
sors are elected. Any vacancy occurring
in the board of directors shall be hllec
by the remaining directors. The frs
board of directors of said corporation
which shall continue in Office until tn
first Monday in September 1910, or TN
til their successors shall have bee
elected, are hereby declared to be F. Z
I Lee, J. B. Ards, c. D. Ka1nbach, w
T. Crawford, w K Hendersos, Sey
mour Florsheim and H. M We'll. Th
directors shall elect the officers of tn
corporation, and until the first Monda
in September 1910 or until their sue
cessors shall have been elected, the of
hcers of said corporation shall be a
follows F. D. Lee, president; ] 3
Ards, vice president; c. D. Kalmbacf
secretary-treasurer. The board of di
rectors shall appoint and remove at an
time such agents and employees as ma
be necessary in the conduct of the bus
mess of the corporation; shall max
such necessary bylaws as they may Sc
proper for the management of the bus
mess, with full power to manage an
control all vessels owned, run, lease
or chartered; to engage such vessels il
trade or to lay up such boats and yes
sells or any of them, as they may Sc
proper; and to sell such boats as tn
company may purchase and to acquir
others. all on such terms and for sucl
prices and on such conditions as tn