The Caucasian. (Shreveport, La.) 1900-192?, 1910-06-30
CHARTER
OF THE MINERAL WELLS ELBC-
TRIO COMPANY.

OulLeQ states OF AlIlCllSd, Sto1S ~
Louisiana, Parish of Caddo, City OF
Shreveport: Be it known, that on this
the 18th day of May A. D. in the year
nineteen hundred and ten, before me,
L. C. Blanchard, notary public, in and
for the Parish of Caddo, State of Louis
lana, and in the presence of the wit
nesses hereinafter named and under
signed, personally came and appeared
the persons whose names are hereunto
subscribed, who severally declared that
awaiting themselves of the provisions of
the general laws of the State of Louis
lana relative to the organization OF cor
porations for works of public improve
ment, and for other purposes, they have
agreed and by these presents do cove
nant, agree and bind themselves, and
those whom they represent, to form
themselves into and constitute a cor
poration under the following agree
ments and stipulations, which they
hereby adopt as their charter.
ARTICLE I.
The name and title of this corporation
shall be MINERAL WELLS ELEC-
TRIO COMPANY, and by that name
it shall enjoy succession for the term
of ninety-nine (oo) years from the date
hereof, unless sooner dissolved. 1t shall
have power to sue and be sued; to Dor
row money, hold, purchase, lease, sell
and hypothecate real and personal prop
erty, to make and use a corporate seal;
to name and appoint directors, man
ayers and agents, and to establish such
| bylaws, rules and regulations for the
management of the business and affairs
of the corporation as may be necessary,
the same to alter at pleasure. Also to
make and issue bonds and other evil
dences of debt, and to secure same by
mortgage or otherwise.
ARTICLE II.
The domici1e of this corporation shall
be in the City of Shreveport, Parish OF
Caddo, State of Louisiana, and all cita-
tons or other legal process shall be
served on the president, or in his abb
sence on the vice president, or in his abb
sence as the law directs.
ARTICLE III
| The objects and purposes for which
this corporation is established, and the
mature of the business to be carried on
by it, are declared and specified to be
I'D The construction or acquisition
|, and operation of street railways ant
suburban railways within or near any
city, town OF village, for the transpor
tation of freight and passengers, ans
the operation of same with electric OF
other motive power.
(2). The construction or acquisition
and operation of electric plants, TO
the purpose of the manufacture of cleo
!, trio current, and the sale of same to tn
public.
(3) The construction or acquisition
and the operation of ice and refrigerat
ing plants for the manufacture of ice
: and the storage of articles for the pub
lie, the doing of all of which thing
may be done and carried on at any plac
or places within the limits of the State
of Louisiana and Texas.
ARTICLE ".
The capital stock of this corporation
J. is hereby fixed at the sum of three hun
bred and fifty thousand ($35o,ooc.oo
o dollars, divided into thirty-fve hundre
i (3soo) shares of the sum of one hur
i, bred ($roooo) dollars each; the con
d pany to begin operations as soon as or
I hundred thousand ($Ioo,ooooo) dollar
IS shall have been subscribed and paid TO
If Said stock shall consist of one % 81
; ries, to be known as common stocl
Said stock shall be paid for at sue
times as the board of directors may d.
n termine, but any part of same may
# issued by said board of directors at nj
# less than the par value thereof, in pa,
. ment of labor done or property actual
e received by said corporation Sto'
# books and stock registers for said sto'
lie shall be kept by the corporation.
Il ARTICLE ".
ID All of the corporate powers of sa
ty corporation shall be vested in and e
e ercised by board of directors, to
lie composed of five 50 stockholders, to
ne elected annually, on the FIRST Monday
r July of each year, unless such first Mo
er day shall be the first day of July,
which event said election shall ia
g, place on the Tuesday following 81
of first Monday, majority of which 50
OF board shall constitute quorum at
d. meetings. All such elections shall ia
Of place by ballot, at which each stoc
he holder shall be entitled to cast one
ay vote for each share of stock held
dit hkirn, and which stakeholder shall
lid either in person or by proxy in WI
nd ing, and at which majority of