The Caucasian. (Shreveport, La.) 1900-192?, 1909-05-18

is hereby fixed at the stnn of twenty-five
thousand ($a5,ooo.oo) dollars, divided
into FIVE hundred (5oe) shares Of fifty
dollars each, which shall be paid for in
cash. and it shall commence business
whenever ten thousand dollars of its
capital stock is subscribed for and paid
in full, and all stock issued by it shall
be. fully paid and worcestershire.
rn ARTICLE ".
/ The affairs of this corporation shall
be managed and controlled by board
of directors consisting of FIVE stock
holders who shall be elected at a
stockholders meeting duly held at the
office of the company on the first Mon
day in June of each year, by the stock
holders, at meeting called for that
purpose, and at all such meetings each
share of stock owned or controlled by
him, shall be entitled to one vote, and IN
all meetings of the stockholders ma
jority of the stock shall control.
Until the election be held in June 1909
the following persons shall constitute
the board of directors of this corpora
ton, te-wit: w. C. Woolf, president and
secretary; c. w. Lemon, vice president
and treasurer H. E. Lehman, B. G.
Dawes and w. M Palmer, who shall
hold their offices until their successors
are duly qualified. Any vacancy occur
ring in the board of directors shall be
filed by, an election by said board of a
stakeholder for the unexpired term.
ARTICLE V.
This corporation shall have and enjoy
succession for the period of fifty years
unless sooner dissolved, and whenever
dissolved for any cause, either by linn
itation or by vote of the majority of the
stockholders at meeting called for that
purpose after ten days written notice
to each stakeholder, its affairs shall be
liquidated and settled by one or more
liquidators elected for that purpose, who
shall give such bond and security and
perform such duties as may. be pre-
scribed by said stockholders. Provided,
that whenever not otherwise provided
by the laws of this State, the stockhold-
ers may waive notice of any meeting OF
stockholders and the same may be held
at less than ten days notice thereof.
ARTICLE VI.
This corporation shall have and enjoy
all and any of the rights and privileges
conferred or authorized by the laws OF
the State of Louisiana, and no stock
holder shall ever be held liable or re
sponsible for the contracts or the faults
thereof in any further sum than the I'M
paid balance due on his stock, and nc
mere informally shall have the effect
of rendering this charter null or of ex-
posing any stakeholder to any greater
liability than the unpaid balance due or
| his stock.
In testimony whereof said partie!
have hereunto affixed their names in ths
Ipresence Of me notary and the under.
Isigned attcsting witnesses on the dat
first in the beginning written.
| w. C. WOOLF.
H. E. LEHMAN,
| by C. w. Lemon
B. G. DAWES.
C. w. LEMON.
VIM. M. PALMER.
Attest:
/ E. D. McCALLY.
/ ]. H. THATCHER.
S. L. HERoLD,
/ Notary Public
i State of Louisiana, Parish of Cadde
/ The foregoing charter having been ex
anlined by me and finding nothing there
in contrary to law, approve the same
this the 18th day of April A. D. 1909
/ J. NJ. FOSTER,
District Attorney First Judicial District
1 Endorsed: Filed and recorded Apr
LIZ, 1900. S. o. WILLIAMS,
!. Deputy Clerk and ex-Oflcio Deputy Re
i ass corder.
State Of louisiana Parish of Caddo
i j hereby certify that the above and fore
3 going is a true and correct copy of tn
original act, as the same now appears o
file and of record in my Office. Give
under my hand and seal of Office thi
I2th day of AprilIooe.
Il S. O. WILLIAMS,
Deputy Clerk and ex-Oficio Deputy R
) - corder. 4-I3
sHERIFFs SALE.
I No. Ia,o3o-1n the First Judicial Di
] IL. trict Court Of Caddn .Parish I a