The Caucasian., 1909-04-27

and establish such bylaws for th'
proper management of the affairs of tn,
corporation as may be necessary ane
proper. and to do such other acts as the,
may deem necessary to carry out thu
purpose of this corporation
ARTICLE ".
The capital stock of this corporation
is fixed at the sum of four hundred
thouhand $500, 100000 dollars, repre-
sented by four thousand shares of one
hundred dollars each, payable in cash
or property or services rendered. All
transfers of stock shall be made Oh the
books of the company and shall be
signed by the stockholder Or his attor-
ney.
ARTICLE V.
The corporate powers of this corpora
ton are hereby vested in and shall be
exercised by board of directors COM
posed of five stockholders, each OF
whom shall own in his individual name,
or in that of the firm of which he is a
member, one share of stock thereof
Said board shall be elected annually on
the fourth Monday in March Of each
year. Each share of stock shall be en-
titled to ono vote, to he cast in person
or by proxy at all elections and at any
meetings of stockholders a majority of
votes cast shall elect Twenty days
prior notice of all elections shall be
given to all stockholders, by written or
printed notices mailed to each stock
holder by the secretary addressed to
each stakeholder at his usual postoffice
address,
The board of directors at their first
meeting shall elect annually, out of their
own number, president, vice president
and secretary-treasurer (and the
SAID secretary treasurer need not be a
or member of the board)
who shall serve for the ensuing year
and until their successors, are elected.
Citations and all other legal pocess to
be served on the president, or in event
Of his absence on the vice president.
Vacancies in above board of direc
tors and all other boards shall be filled
by election by the remaining members
Of the board. Three members shall con-
stitute quorum for the transaction Of
business. On failure to elect the officers
at the date fixed above, the incumbent
officers shall hold over until such time
as their successors have been duly elect
ed and installed
ARTICLE VI.
Whenever this corporation is dis
solved by limitation Or otherwise its af-
fairs shall be liquidated under the su
of three stockholders
selected for that purpose by majority
of the stockholders convened at meet
ing that may be called for the purpose
of dissolution In case of death of any
liquidator the vacancy to be filled by the
in same way as the original
selections.
ARTICLE VII.
All meetings of stockholders for other
purposes than the election of directors
may be called by the president in his
and shall be called by him On
the written request Of three stocksold-
ers. Said meetings to be notified as
above described for election of directors
and in addition by ten days publication
in one of the daily papers of the City of
ARTICLE VIII.
No stockholder shall be liable or re-
sponsible for the contracts or faults Of
this corporation in any further sum than
the unpaid balance on shares due by
him. Nor shall any informally in or
ganization have the effect of rendering
this charter null or exposing stock
holder to any liability beyond the
amount of his stock unpaid.
All of the stockholders present, hold
ing and representing the entire capital
stock of the company, voting i'll favor
Of the motion proposing the above re-
cited amendments to articles three, four,
FIVE, six, seven and eight, the chairman
declared that the motion was carried
and the amendments as proposed unani-
mously adopted
The secretary was requested to pre-
pare a copy of the proceedings of the
meeting for publication and for filing
with the secretary of State as required
by law.
There being no further business, the
meeting adjourned (Signed)
]. B. ARDIS, Chairman.
R. FURMAN, Secretary
| hereby certify that the foregoing is
true and correct copy of the proceed
ings of the stockholders meeting of the
Louisiana Gas Company held this day
for the purpose set forth, as shown by
the minutes of the meeting.
r. FURMAN, Secretary
Sworn to and subscribed before me
% o[<t,