The Caucasian. (Shreveport, La.) 1900-192?, 1910-03-29

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year. The board of directors shall have
authority to adopt set of bylaws TO
the regulation of the business of thi
corporation, to adopt corporate seal
to hypothecate or dispose of any portion
of the property of said corporation fol
such consideration and on such terms o.
payment as it may deem advisable, tc
direct and control the officers and EN-,
ployes of the corporation, to pass al
rules and regulations which it may deem
necessary for the conduct of the affairs
of said corporation.
ARTICLE VIII.
The officers of this corporation until
the first annual meeting of the board of
directors on the second day OF
March 1911, are: W. A. Jones, presi-
dent; R. B. Williamson. vice president,
and ]. B. Stump, secretary, who shall
constitute its first board of directors.
At the end of their term of office, the
officers of said corporation shall be elect
ed by the board of directors. The regu-
lar annual meeting of the stockholders
shall be held on the second day of
March of each year.
ARTICLE TX.
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 the company on the shares of
stock subscribed for or owned by him,
nor shall any mere informally in or
ganization have the effect of rendering
this charter null or of exposing any
stockholder to any liability beyond the
unpaid balance, if any, due on his stock
ARTICLE x.
In the event of the dissolution of this
corporation by expiration of time, or by
resolution of its stockholders passed in
accordance with law, the stockholders
shall elect from among their number
two liquidators to dispose of the assets
of the corporation, pay its debts and
distribute the remainder of the proceeds
the stockholders according to
to be given by the stock
holders at the meeting appointing them.
When said liquidators shall have com
pleted their duties, they shall prepare
and file process verbal of same, have it
recorded in the mortgage books of Cad
DO Parish, and give notice thereof by
registered mail to heach stakeholder.
Thus done and passed at Shreveport,
Louisiana, in thu presence of w. W.
Jones and L. B. Young, competent
witnesses, who hereunto sign as such,
together with said appearers and me,
notary, on the day and date hereinbe-
fore written
w. A. JONES.
J. B. STUMP.
Attest: R. B. WILLIAMSON. |
w. w. JONES.
L. B. YOUNG.
JOHN D. WILKINSON, |
Notary Public.
State of Louisiana, Parish of Caddo:
Having carefully examined the provis
ons of the foregoing charter of the
1oggy Bayou Lumber Company, and
hiding nothing contained therein con-
rary to law, hereby approve same.
Done and signed officially on this 9th
lay of March A. D. 1910.
J. M. FOSTER,
District Attorney First Judicial Dis
trict of Louisiana.
Endorsed: Filed and recorded March
j 1910. W. M. LEVY,
Deputy Clerk and ex-Officio Deputy Re
corder.
State of Louisiana, Parish of Caddo
hereby certify that the above and fore
roing is true and correct copy of the
'riginal act, as the same now appears
m file and of record in my Office. Given
lnder my hand and seal of Office this
til day of March 1910.
w. NJ. LEVY,
Deputy Clerk and ex-oficio Deputy Re
corder. gro.