The Caucasian. (Shreveport, La.) 1900-192?, 1909-06-13

and in the absence of said officers of the
company, then upon the general super
intendent, manager or any other officer
or agent thereof
ARTICLE III.
The object and purposes for which
| this corporation is established, and the
nature of the business to be carried on
| by it are declared and specified to be as
| follows, to-wit: To set out, cultivate,
operate and maintain orchards in the
State of Louisiana and elsewhere for the
raising of all kinds of fruits; to pack,
| ship, market and sell all products raised !;
to engage in, operate and carry on gar
dening; to raise garden products, to
pack, market, ship and sell all such pro-
ducts; to construct and erect all man
ner of buildings necessary or advisable
| to conduct the business of said COM
pany; to erect and operate canning
factory for the purpose of canning gar
| den and orchard products. To erect and
operate an evaporator for the purpose
| OF manufacturing evaporated fruits of
all kinds; to construct and own, lease
and rent houses and dwellings for the
employees of said company, and for all
persons connected with the company !;
to purchase and own, to operate and
| sell, lease or otherwise dispose of ap-
paratus, instruments, system patents and
patented rights, inventions and trade
marks pertaining to the bushes of rails
| ing fruits and products, preserving, ham
lding, shipping, canning and evaporat-
ing garden and orchard products; to
construct or have constructed, to own
and run refrigerator cars for the trans
portation of the products of said COM
pany; to build, operate and maintain a
cold storage plant for the use of said
company; to generate and supply motive
power, and for the employees and asso-
ciates thereof; and also to hold, own
and possess, rent and lease real estate,
necessary or advisable for the purposes
and objects of said company.
ARTICLE ".
The capital stock of said corporation
is hereby fixed at the sum of seven hum
bred thousand $780, 100000 dollars, di-
vided into or represented by seven
thousand (7ooo) shares, of the sum OF
one hundred ($Ioooo) dollars each.
Said stock shall consist of what is known
as common stock, divided into or rep
resented by seven thousand (7ooo)
shares at one hundred ($Ioooo) dollars
each. When issued, the same shall be
paid up stock, and not subject to any
assessment.
Section I. Said stock shall be paid
for at such times and in such manner as
the board of directors may determine.
| The board of directors shall have full
power and control over the sale of all
stock, that may be held by the company,
as treasury stock, with the full power to
sell such treasury stock, to fix the price
at which the same shall be sold, and
also the condition, manner and provis-
ions for the sale thereof stock paid UP
and not subject to assessment may be
Issued by said board of directors, at not
/ less than par value, in payment of labor
done or property and rights actually re
Iceived by the said corporation.
! ARTICLE v.
| All the corporate powers of said cor
poration shall be vested in all exer-
cised by board of directors, to be
composed of seven Cd stockholders
each of whom must be the owner of at
l1east ten (Io) shares of the capital stock
lof said company, who shall be elected
annually on the second Thursday Of
May of each year. All such elections
/ shall be by ballot and conducted at the
office of said corporation under the SUI
lperintendenee OF three commissioners,
to be appointed by the board of direc-
tors. and of which election ten days
prior notice shall be given in one OF
more newspapers published in the cities
of Leesville, State of Louisiana, and
Kansas City, State OF Missouri, and
each stakeholder shall be entitled to one
vote for each share of stock standing ii
This name on the books of the company,
to be cast by proxy or in person, and a
majority of votes. shall elect. All yacan-
Icies occurring among the directors by
death, resignation or otherwise, shall be
filled for the remainder of the year by
the remaining directors; failure te
elect directors on the day above speci-
fled shall not dissolve the corporation
but the directors then in office shall re-
main in Office until their successors are
detected and qualified, and shall cause te
be had another election as soon as pos
sible thereafter, aften ten days prior
Inotice thereof shall have been given in