The Caucasian. (Shreveport, La.) 1900-192?, 1910-11-10


i change the same at pleasure. The boar
of directors shall elect the officers o
the corporation, and appoint, hire an
discharge all officials, agents and EN-
ployes, fix their compensation, and gen
orally do and perform all things AM
acts necessary in the prosecution Of tn
enterprise of the company. Vacancle
occurring in the board of directors b!
death, resignation or otherwise, shal
be filed for the unexpired time by TIT
remaining directors. The first board O.
directors of this corporation shall b.
composed of w. E. Green, J. B. Rey-
nolds, R. P. borough, ]. 0. Stribling
and ]. D. Wilkinson, who shall, at their
first meeting following the adoption OF
the charter, elect from their number q
president, vice president, secretary and
treasurer. The same person may be
chosen as secretary and treasurer. The
first meeting of the board of directors
shall be called by J. B. Reynolds. This
board of directors and the officers so
chosen shall remain in office until the
first Monday in October 1911, or until
their successors shall have been elected
and qualified On the first Monday in
October and annually thereafter, an
election of directors shall be held at the
office of the company in Shreveport,
Louisiana, notice of which said meet
ing shall be given in any one Of the
published at the city of
Shreveport, for ten ,(Io) days prior to
the date of the meeting. Should for
any cause this meeting not be called or
advertised at the time mentioned, then
it may be called and advertised for a
later date, and a meeting held at such
later date shall have the same efficiency
and force as though held on the first
Monday in October At all Stockhold-
ers meeting each share of stock shall
be entitled to one ca vote, either in
person or by proxy in writing. The term
Of office of no official, agent or employee
shall extend beyond the term of office
If the board of directors which elected,
chose or appointed him. If no term be |
liked during which an official or en-
oloye is to hold office, then his tenure of
he place shall be at the discretion of
he board of directors.
ARTICLE V.
This act of Incorporation may be |
amended, or the corporation itself dis
solved, by and through the assent and
action of three-fourths (3-4) of the
stock present or represented at any gen
eral meeting of the stockholders con-
tened for that purpose, after thirty (3o) /
lays prior notice of such meeting shall |
AVE been given by publication in one of
he daily newspapers published in the
,ity of Shreveport. Louisiana, by FIVE
(5) insertions during said period of
hirty (3o) days. Should changes be
in reference to the capital
;tock, besides the thirty (3o) days no
ice as above, ten (Io) days written no.
ice to each stakeholder shall be given.
This ten (Io) days written notice may
oe given during the time thirty (3o) /
lays published notice. is running.
ARTICLE VI.
Whenever this corporation is dis
o1ved, either by limitation of its charter
# by any other cause, its affairs shall /
le liquidated by three Cd commission
RS chosen by the stockholders at
Meeting of the stockholders convened
or that purpose after thirty (3o) days
,rior notice shall have been given by
publication in a newspaper, as hereinbe-I
ore set forth, for meeting called to
mend this charter or to dissolve the
The commissioners thus
hosen shall remain in office until the
fairs of the corporation shall have
,een liquidated. In case of death or
of either commissioner the
survivors shall continue to act.
ARTICLE VII.
No stakeholder shall be held liable
or the contracts or faults of this COM
amy in any further sum than the unpaid
oalance due the company on the shares
,wned by him, nor shall any infornality
n organization have the effect of rem
lering this charter null, or of exposing
stockholders to any liability beyond the
mount of their stock, or any unpaid
,a1ance that may be due thereon.
In testimony whereof, the said parties
AVE hereto signed their names in my
presence and in the presence of Bula
and E. E. Beheler, compe-
ent witnesses.
w E. GREEN.
per J. D. Wilkinson, Attorney.
J. B. REYNOLDS.