The Caucasian., 1909-06-17

in full, and all stock issued by it shall
be fully paid and non-assessable.
ARTICLE ".
The affairs OF this corporation shall
be managed and controlled by board
of directors consisting Of Ave 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, to-wit W. c. Woolf president and
Isecretary; c. w. Lemon, vice president
and treasurer; Fl. 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
filled by an election by said board of a
stockholder 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 lin
litation or by vote of the majority of the
stockholders at meeting called for that
purpose after ten days written notice
to each stockholder, 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 VT.
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 un
paid balance due on his stock, and no
mere informality shall have the effect
of rendering this charter null or of ex-
posing any stockholder to any greater
liability than the unpaid balance due on
his stock.
In testimony whereof said parties
have hereunto affixed their names in the
presence of me notary and the under
signed attesting witnesses on the date
first in the beginning written.
w. c. WOOLF.
II. E. LEHMAN,
by c. w. Lemon
B. G. DAWES.
c. w. LEMON.
VIM. NJ. PALMER.
Attest:
E. D, McCALLY.
J. II. THATCHER.
S. L. HERoLD.
Notary Public.
State of Louisiana, Parish of Caddo:
The foreoging charter having been ex-
anined by me and finding nothing there
in contrary to lav, I approve the same,
this the 18th day Of April A. D. 1909.
]. M. FOSTER,
District Attorney F4st Judicial District
Endorsed: Filed Ind recorded April
II, 1909. S. O. WILLIAMS,
Deputy Clerk and ex Ohicio Deputy Re
corder.
State of Louisiana, Parish Of Caddo:
hereby certify that the above and fore
going is true and correct copy Of the
original act, as the same now appears on
file and of record in my Office. Given
under my hand and seal Of Office this
18th day Of April 1900.
S. O. WILLIAMS, =
Deputy Clerk and ex-Of6cio Deputy Re-
corder 4-I3.