The Caucasian., 1909-06-17
CHARTER
OF THE I'VE WATSON ELECTRI-
CAL COMPANY.

be 1t known that TINS day befOre me,
E. B. Herndon, notary public in and
for the Parish of Caddo, State of Louis
lana, duly commissioned and qualified,
came, in the presence of witnesses here
matter undersigned, the several persons
whose names are hereunto signed, who
declared that availing themselves Of the
provisions of the laws of the State of
Louisiana relative to the organization
OF corporations, they have formed and
do by these presents form and organize
themselves into corporation for the
objects and purposes, and under the
stipulations hereinafter set forth, they
do hereby accept as their charter, to-
wit:
ARTICLE I.
The name and style of this corpora
ton shall be THE WE WATSON
ELECTRICAL COMPANY. BY that
name it shall have power and authority
to have and enjoy succession for the
time Of twenty-five years from and
after the date hereof; to contract, sue
and be sued, to make and use cor
porate seal, and same to change at
pleasure; to hold, receive, lease and pur-
chase. ALLEVIATE and convey, as well as
mortgage and hypothecate property,
real, personal and mixed; to name and
appoint such managers. directors, of
6cers and agents as the interest OF such
corporation may require, and to make
regulations for the proper management
Iof affairs of said corporation as may
be necessary and proper. and the same
Ito alter at pleasure.
All the corporate powers of this cor
poration shall be vested in board OF
directors, to be composed Of three
stockholders, which board shall be elect
ARTICLE II.
The domicile of this corporation shall
be in the City of Shreveport, Caddo
Parish, Louisiana, and all citations and
legal process shall be served on the
Ipresident of the corporation, or in his
absence at the Office of the corporation
according to the laws Of the State OF
Louisiana.
ARTICLE III.
The purposes for which this corpora
Ition is organized and the nature of the
business to be carried on by it are de-
lclared to be a general electrical and gas
fitting supplies, novelties and contract
| ors for electrical and gas fitting.
ARTICLE w.
The capital stock of this corporation
| is hereby fixed at the sum of ten thous.
and ($1oooo) dollars, to be divided into
lone hundred shares of one hundred
($Ioo} dollars each, and the company
imay begin business when 5000 of the
lstock is subscribed. The stock shall be
Ipaid in cash or its equivalent when sub
scribed for, or the same may be issued
for not less than par, in payment of the
property purchased by the corporation
ARTICLE "
and establish such bylaws, rules and
led annually on the first Tuesday ir
lJune, beginning in the year 1910. The
first board of directors is declared te
lbe Ivie Watson, Frank NJ. Jones and c
IC. Miller, with Ivie Watson presiden1
and treasurer, and Frank NJ. Jones te
Ibe vice president, and C. G. Miller to bs
lsecretary. The said board is to servs
luntil the FIRST Tuesday in June 1910, oi
until their successors are duly elected
thereafter, and such new board shall
|elect its president, vice president ans
treasurer The directors shall be elected
1 by stockholders. Each share of stool
shall be entitled to one vote, to be cas-
by the owner in person or BY proxy, ant
1.-THE majority of the votes shall elect
Two directors shall constitute quo
rurn. The president may appoint iron
Itine to time, and dismiss. such clerks
lzgenss and other employees IS he ma