The Caucasian. (Shreveport, La.) 1900-192?, 1909-05-16

is hereby fixed at the sum of twenty-fv
| thousand ($2s,ooo.oo) dollars, divide
into five hundred (soe) shares of fit
dollars each, which shall be paid for il
| cash, and it shall commence bushes
whenever ten thousand dollars of it
capital stock is subscribed for and pal,
III full, and all stock issued by It shall
be fully paid and worcestershire.
ARTICLE ".
The affairs of this corporation shall
be managed and controlled by boarc
Of directors consisting of FIVE stock
holders, who shall be elected at {
stockholders meeting duly held at ths
Office of the company on the first Mon
day III 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 ir
all meetings of the stockholders a ma
iority of the stock shall control
Until the election be held in June 1905
the following persons shall constitute
the board of directors of this corpora
ton, to-wit: W. c. Wool, president and
secretary; c. w. Lemon, vice president
and treasurer; H. E. Lehman, B. G..
Dawes and w. M. Palmer, who shall
hold their Offices until their successors
are duly qualified Any vacancy occur
ring i'll the board of directors shall be
filed by an election by said board of a
stakeholder 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 meeting called for that
purpose after ten days written notice
to each stakeholder, 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 vi.
This corporation shall have and enjoy
all and any of the rights and privileges
conferred or authorizedsby the laws of
the State of Louisiana, and no stock
holder shall ever be held liable OF re-
sponsible for the contracts or the faults
thereof in any further sum than the UNI
paid balance due on his stock, and no
mere informally shall have the effect
of rendering this charter null or OF ex-
posing any stakeholder 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 G. w. Lemon.
B. 6. DAWES.
C. w. LEMON.
VIM. NJ. PALMER.
Attest:
E. D. McCALLY.
]. H. THATCHER.
S. Z. HERoLD,
Notary Public.
State of Louisiana, Parish of Caddo.
The foregoing charter having been ex-
amined BY me and finding nothing there
IN contrary to law, approve the same.
his the I2th day of April A. D. 1909.
]. NJ. FOSTER,
District Attorney First Judicial District.
Endorsed: Filed and recorded April
u, 1909. y. y. WILLIAMS,
Deputy Clerk and ex-Oficio Deputy Re-
corder.
State of Louisiana, Parish of Caddo:
hereby certify that the above and fore
yoing is a 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
eth day of April 1909.
S. o. WILLIAMS,
Deputy Clerk and ex-Ohicio Deputy Re-
corder. 4-I3.
SHERIFFs SALE.
No. Ia,o3o In the First Judicial Dis