The Caucasian. (Shreveport, La.) 1900-192?, 1909-09-14

and requisite and 1ncldental 10 LIE az
complishment, carrying out and execut-
ing of the general uses, objects and
purposes of said corporation, IN the
State of Louisiana, or in other States
of the United States, or in foreign coun--
tries, as above stated.
ARTICLE III.
The authorized capital stock of said
corporation is hereby fixed at one mil
lion dollars ($I,oooooo.oo), consisting
Of and divided into, ten thousand
(Io,ooo) shares of one hundred dol
lars (SIoo.oo) each; and said corpora
ton NAV. commence business when four
hundred thousand dollars ($4oo,ooo.oo)
of its capital stock is subscribed for and
actually paid to said corporation; and
the capital stock of said corporation
shall be paid in cash or its full equlVa-
lent in value by the transfer of property
to said corporation, or by the rendition
of services thereto, as may be author
lied and provided by the board of direc-
tors of said corporation; but no ceru-
fcate of stock of said corporation shall
ever be issued until said corporation
shall have first received the full face
value thereof, and the board OF d1rec-
tors of said corporation shall determine
the time when, and the manner IN
which, payment of capital stock of said
corporation subscribed for shall be paid
| No transfer of stock of said corpora
ton shall ever be made except on the
books Of said corporation at its offlce
at the domicile of said corporation at
the City of Shreveport, Caddo PARISH
Louisiana. No stakeholder shall ever
sell or transfer his stock to any person
except to said corporation and the
other stockholders thereof until after
ten (Io) days previous notice OF his IN
tention to sell or transfer same, shall
have been given to said corporation and
the other stockholders thereof, by post
ling said notice at the Office of said cor
poration, and pending said delay SAID
corporation and the other stockholders
thereof shall have the preference right
to buv and acquire said stock at its full
market value, and the secretary OF said
corporation shall have no right to trans
/ fer the stock on the books of said cor
poration until evidence of such previou:
posting and offering Of the same to saic
CORPORATION and other stockholders
thereof, shall first have been produced
ANY person purchasing stock which ma:
'fnot been SO previously posted and OF
fered for said period of time to SAFE
corporation and the other stockholder'
: thereof, shall take the same subject t
the right of said corporation or OF tn
! other stockholders thereof, to claim AM
!, purchase same on paying him the mar
!, ket price for same. Any stockholde
: shall have the right at any time to sci
S and transfer his stock to said corpora
4 ton or another stockholder thereof. A
! all meetings of stockholders each shar
), lof stock shall be entitled to one Il
d vote. and at such meetings the stock
d holders may vote either in person or b
! proxy.
e ARTICLE ".
i Said corporation under said name an
d title. shall have the power and author
itv to- sue and be sued, to plead and b
d impleaded,t and to make, execute, an
g sign, and endorse, transfer, and assigi
L contracts, bills of exchange, checks an
G promissory notes and all other oblig;
lie lions; to purchase, own and sell, re-
If estate. buildings, timber lands, t1mD,
J. and timber rights, machinery, person
J. property and rights and credits whlf
Il, lnav be necessary, relative and neidei
s, tai for the general uses, objects al
h purposes of said corporation, as abo'
r stated. and the same to pledge, NOR
a, gage, hypothecate, cucumber, aliena
s, sell and dispose of and to employ al
n, discharge all necessary agents, represe
II, tatiyes, managers, contractors, servar
I'd and employees; to borrow money a
1g contract debts and to secure the sar
b. by mortgage, pledge or deed of trust
Of the property of said corporation; a
he to make and use common seal w
nd such device and inscription as may
ne necessary, and the same to break, ali
all or amend at pleasure; and to make
or- necessary rules, regulations bylaws a
ct, ordinances, and to do everything, ne'
IN, full for the good government, condt
ng maintenance, operation and support
Ill said corporation for its general US
Ill objects and purposes as above stat
lph not repugnant to law.
nd ARTICLE "
lis The corporate powers of said corp
ted alton are hereby vested in its offlc
in and a board of directors. Until the
of, ond Tuesday in October A. D. 1909,
I'M board Of directors shall be three Cd
ing number with president, vice pr
it'll, dent and secretary who shall be