The Caucasian. (Shreveport, La.) 1900-192?, 1909-08-17

on which date and thereafter annually
board of directors and officers shall be
elected, unless said day shall be legal
holiday, when the election shall be held
on the next legal day thereafter. Notice
of said election shall be given by at least
ten days continuous notice in one OF
the daily newspapers of Shreveport; and
the board of directors shall appoint one
or more stockholders to preside at such
election as commissioners. Any failure
to elect directors on the day named for
that purpose shall not dissolve the cor
poration, but the directors then in of
6ce, as we'll as the officers of the cor
poration, shall hold over until their sue
cessors shall be chosen. In such event
the president shall call another election
to be held withia thirty days, and shall
give notice thereof as hereinbefore pro-
Iyided. The election for directors shall
be by ballot, and the majority in amount
of votes cast, each share of stock voted
Ito be counted as one vote, shall elect
the person for whom cast. After each
lelection the board of directors shall
elect from their own number the officers
Iof this company.
ARTICLE v.
4 The board of directors shall have
full power to fill vacancies in their
number caused by death, resignation or
otherwise, from among the stockholders
Iof the corporation. They shall have full
control of the property of the company
and shall so conduct, manage and use
, the same as in their discretion they
deem fit, and that is consistent with the
objects Of this company, or the welfare
: Iof the same. They are authorized to
z adopt such bylaws, rules and regula-
J tons as the affairs or business of this
corporation may require, and as it may
: deem necessary for the management and
!, conduct thereof; provided the same
shall not conflict with this charter or
: with the laws of the State or United
States. The president is authorized to
] appoint such officers, agents, employees,
r servants or clerks as he may deem
r necessary for the conduct and affairs OF
y the corporation, fox their compensation
term of service, with the right to dis
$ miss them; he shall submit the names
of all persons appointed by him anc
a dismissed by him to the board of direc-
d tors, and said board may annul his ac'
T Ition by a two-thirds vote. The board
u shall have the right to fix and deter,
= mine the salaries, terms and duties OF
c the officers herein provided for.
ARTICLE VI.
This charter may be changed, n1odi
fed or amended, the capital stock III
Icreased or decreased, or this corpora
ltion may be dissolved at general meet
ing of the stockholders convened TO
that purpose, with the assent OF three
fourths of the entire capital stock
whether present or represented at tn
!, Injecting. Ten days prior notice shall b
!" given in any newspaper published i
|; this city. In case of dissolution or ter
limitation of this corporation, either b
!, limitation of its charter or otherwise
!, THE liquidation of its affairs shall b
:. conducted by three commissioners, SCI
= ected from the stockholders with tn
Il like assent, at meeting called tor tia
4, purpose, as above set forth in this al
. ticle. Said commissioners shall RENAL
. in Office until the affairs of this corpora
= ton shall have been fully liquidated.
ARTICLE VII.
No stockholder of this corporate
= shall ever be held liable or responsible
= for the contracts or faults thereof
- any further sum than the unpaid ba
I. ance due the company on the shares
stock subscribed for or owned by hir
!. nor shall any informality in organic
ltion have the effect of rendering tn
charter null or of exposing stec
=. Iholder to any liability beyond the u
:. paid balance, if any, on his stock.
al Thus done and passed at my notarl
- office in the City of Shreveport, LOU
!. lana, on the day, month and year her
'.alin first above written, in the presen
- of r. P. Moore and Walter H. POI
- competent witnesses, together with a
- lpearers and me, notary, after reading
:, the whole.
m w. o. BRICE.
- r. A. GRAIN.
: F. G. FULKERS0N
I'll Witnesses: