The Caucasian. (Shreveport, La.) 1900-192?, 1909-05-23

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 s NAV
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-
c1ared 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 ($Io,ooo) dollars, to be divided into
one hundred shares of one hundred
($1oo) 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 V.
All the corporate powers of this cor
poration shall be vested in 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
first board of directors is declared to
be Ivie Watson, Frank M. Jones and c.
C.. 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 daily
newspaper of the City of Shreveport.
Meeting of stockholders for other pur-
poses, and change of charter or disso-
luton, shall be called by notice in a
paper as aforesaid When
ever the corporation is dissolved by
Or otherwise, the affairs shall
be hquldated by two commissioners
elected by the stockholders, who shall
have full power to wind up its affairs,
settle all liabilities and distribute the
proceeds among creditors and stock
holders.
ARTICLE VII.
No stakeholder shall ever be held la
Die for the contracts or faults of this
in any further sum than the
unpaid balance due to the company on
shares of stock subscribed for. All
sales or transfers of stock must first be
made on the books of the company, to
De valid.
Thus done and passed in my office,
Il the presence of F. S. Lacy and E. B.
Herndon IT., both competent witnesses,
IN this the Goth day of May 1909.
I'VE WATSON.
F. NJ. JONES.
c. c. MILLER.
Witness:
F. S. LACY.
Z n