The Caucasian. (Shreveport, La.) 1900-192?, 1909-06-08
NUMBER -
ARTICLE III.

|
The capital stock of the corporation
Is hereby fixed at the sum of twenty -sye
thousand (S25,ooooo) dollars, divdee
into five hundred (5oo) shares of dfty
dollars each, which shall be paid for in
cash, and it shall commence business
whenever ten thousand dollars of itu
capital stock is subscribed for and paid
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 FIVE steck-
holders, who shall be elected at q
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 a 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
Jorlty 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
secretary; C. w. Lemon, vice president
and treasurer; H. E.. Lehman, B. G.
Dawes and w NJ. Palmer, who shall
hold their Offices until their successors
are duly qualified. Amy vacancy occur
ring in the board of directors shall Be
filled by an election by said board of
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 linn
itation Or by vote of the majority of the
stockholders at a meeting called for that
purpose after ten days written notice
to each stockholder, its affairs shall be
hquidated and settled by one or more
hquidators 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 VI.
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 ua-
paid balance due or his stock, and no
mere infornlafity shall have the effect
of rendering this charter null or of ex-
posing any stockhoider to any greater
liability than the unpaid balance due on
MS 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
irst in the beginning written.
w. C. WOOLF.
H. E. LEHMAN,
by c. w. Lemon.
B. G. DAWES
c. w. LEMON.
VIM. NJ. PALMER.
Attest:
E. D. McCALLY.
J. H. THATCHER.
S. l. HERoLD.
Notary Pubiic.
State of Louisiana, Parish of Caddo:
The foregoing charter having been ex-
lmined by me and finding nothing there
n contrary to 1aD. approve the same,
his the I2th day of April A. D. 1900.
]. M. FOSTER,
District Attorney First Judicial Disfrief.
Endorsed: Filed and recorded April
2, 1900. S. 0. WILLIAMS.
Deputy Clerk and esOficio Deputy Re-
corder.
State of Louisiana, Parish Of Caddo.
hereby certify that the above and fore
soing is true and correct copy of the
original act, as the same now appears on
lie and of record in my Office. Given
lnder my hand and seal of Office this
9Th day of April 1909.
S. O. WILLIAMS.
Deputy Clerk and ex-Oficio Deputy Re-
corder. A-xa.
g.