The Caucasian. (Shreveport, La.) 1900-192?, 1910-05-12

opcHGS, ~ y. DySIIupy T. W. OduCASI
and B. U. Jacob, with A. A. Mahle as
president, S. B. Spence as vice president,
and A. c. Dystrup as secretary-treasur-
er who shall hold their Offices until the
first Friday in February A. D. 1911, or
until their successors are duly elected
and qualified. On the first Friday in
February 1911, and annually thereafter,
an election for directors shall be held
at the Office of the company, under the
supervision of two (2) commissioners
to be appointed by the president, and
the directors then elected shall take theiI
seats Immediately, and shall hold Office
until their successors are duly elected
and qualified. Each board shall elect its
own officers, which shall consist of a
president, vice president and a secre-
tary-treasurer. All corporate elections
shall be by ballot, and a majority of the
votes cast shall elect, and each share of
stock shall be entitled to one % vote,
either in person or by proxy. Written
notice of elections shall be given to
each stakeholder by the secretary-treas-
urer at least thirty (3o) days prior to
elections
ARTICLE V.
This act of incorporation may be
changed, altered or modified, or this
corporation dissolved, with the assent of
three-fourths (3-4) of the stock present
or represented at any general meeting of
the stockholders convened for that pur-
pose after thirty (3o) days prior no.
tice of such meeting shall have been
given by publication in one of the daily
newspapers published in the City OF
Shreveport, Louisiana, by FIVE go pub
LEGATIONS during said period, and such
changes as may be made in reference, to
the capital stock shall require in addi-
ton ten [Io) days notice in writing to
each stakeholder.
ARTICLE VI.
Whenever this corporation is dis
solved, either by limitation of its char
ter or from any cause, its affairs shall
be hquidated by three 60 commission
ers to be appointed from among the
stockholders at meeting of the
stockholders convened for that purpose
after thirty (3o) days prior notice shall
have been given by the secretary to each
stakeholder. Said commissioners shall
remain in Office until the affairs of said
corporation shall have been fully hqui-
dated. In case of the death of either
commissioner, the survivor shall con-
#tinue to act.
ARTICLE VII.
No stakeholder of this corporation
shall ever be held liable or responsible
for the contracts or faults thereof in
any further sum than the unpaid bal
|ance due to the corporation on the
shares owned by him, nor shall any mere
informally in organization have the eff
feet of rendering this charter null, or of
exposing stakeholder to any liability
beyond the amount of his stock. The
subscribers hereto have each written op-
posite their names the number of shares
subscribed for, so that this act may also
serve as the original subscription list.
Thus done and passed at my office in
the City of Shreveport, Caddo Parish,
State of Louisiana, in the presence of
[. c. Butler and ]. NJ. Dikob, competent
witnesses, Of lawful age and residing in
said city, who hereunto subscribe their
names, together with said parties and
me, notary on the said nth day of
April "A. D. nineteen hundred and
ten (IoIo).
A A MAHIF