The Caucasian. (Shreveport, La.) 1900-192?, 1909-09-05

on which date and thereafter aflnuafy
a 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
fee, 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-
vided The election fot directors shall
be by ballot, and the ajority in amount
of votes cast, each share of stock voted
| to be counted as one vote, shall elect
the person for whom cast After each
election the board of directors shall
elect from their own number the officers
of this company.
ARTICLE V.
The board of directors shall have
! full power to fiji vacancies in their
number catfsed by death, resignation or
otherwise, from among the stockholders
of 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
of the same They are authorized to
adopt such bylaws, rules and regula-
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 OF United
States The president is authorized to
! appoint such officers, agents, employees
servants OF clerks as he may deem
necessary for the conduct and affairs oil
the corporation, fix their compensation
term of service, with the right to dis.
$ aaiss them; he shall submit the name:
of all persons appointed by him ant
q dismissed by him to the board of direc.
q tors and said board may annul his &C
I ton by a two-thirds vote. The boart
! shall have the right to fix and deter
$ mine the salaries, terms and duties O.
the officers herein provided for,
ARTICLE VI.
This charter may be changed, mod
fled or amended, the capital stock in
!, creased or decreased, or this corpora
:, ton 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
! meeting Ten DAYS prior notice shall b
given III any newspaper published Il
!, this city. In case of dissolution or ter
= mination 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
Z like assent, at meeting called for tina
!, purpose, as above set forth in this ar
!. ticle. Said commissioners shall remai
in Office until the affairs of this corpora
ton shall have been fully liquidated
ARTICLE VII. '"@~e
n No stockholder Of this eorporatio
:, shall ever be held liable or responsible
lie for the contracts or faults thereof /
d any further sum than the unpaid bal
k ance due the company on the shares c
l. stock subscribed for or owned by hin
lie nor shall any informality in organize
r, ton have the effect of rendering thi
# charter null or of exposing stock
y holder TO any liability beyond the ur
De paid balance, if any, on his stock.
ID Thus done and passed at my fiotari;
IF Office in the City Of Shreveport, Louis
T. lana, on the day, month and year here
ID in first above written, in the presenc
lie of r. P. Moore and Walter H. Pol
ID competent witnesses, together with al
er bearers and me, notary, after reading
in the whole.
j w. O. BR1CE.
De R. A. GRAIN.
rs F. G. FULKERsoN.
Of Witnesses:
ty r. P. MOORE.
Id WALTER H. POLK.
r ROLAND WILLIAMSON.
he Notary Public Caddo Parish, L