The Caucasian. (Shreveport, La.) 1900-192?, 1910-09-01
CHARTER
OF THE cAVETT CARRIAGE CON-.
PANY.

-
Be it known that this dav before ~
Jonn r. Slattery, notary public in AMI
Tor Caddo Parish, State of ,orisiano
personally came and appeared w R
oavett, s. B. Hicks, A. N. Cavett and
\ M, Patterson, all residents of Caddo
Parish and State of Louisiana Who de-
fiared to me that they do hereby form
lor themselves and such other persons
as may hereafter boone associated with
them, corporation under the laws az
the State of Louisiana, made and nro-
vlded for the formation of corporations
Tor the purpose and objects and under
the stipulations and agreements as fol-
lows, to-wit:
ARTICLE I.
The name and style of this CORPORA
ton shall be CAVETT CARRIAGE
COMPANY, and its domicile shall be
IN the City of Shreveport, Caddo Par
ISL, Louisiana. Under its said name it
shall have power and authority to exist
and enjoy succession for fifty years from
and after this day.
ARTICLE II.
The objects and purposes for which
this corporation is@formed and the ma
ture of the business to be carried on by
It is hereby declared to be to buy and
sell buggles, surries, farm and delivery
wagons and vehicles of all kinds, haying
tools, farm implements and machinery,
road machines, gasoline engines, etc, and
to that end to borrow money, give notes
and mortgages and do any and all things
necessary to carry on the objects for
which this corporation is created, sue
cessfully.
ARTICLE III.
This corporation shall have the right
TO sue and be sued, citation to be served
on the president, and in his absence on
any officer of the said company at ifs of
fee.
ARTICLE ".
1 s. +
The capital stock of this corporation
is hereby fixed at the sum of twenty-five
thousand ($25,ooooo) dollars, divided
into two hundred and fifty 125o) shares
of one hundred ($Ioo.oo) dollars each,
to be issued for cash paid the corpora
ton, or>for property conveyed, and for
services rendered, provided, however,
that no stock shall be issued at less than
par, and provided further that this cor
poration may begin business as soon as
one hundred and twenty-five (I25)
shares of its capital stock shall have
been subscribed and paid for in full,
either in cash or its equivalent.
ARTICLE v.
The corporate powers of this corpora
ton shall be vested in and exercised by
board of directors consisting of three
stockholders, two of whom shall con-
stitrte a quorum for the transaction OF
business. The board of directors shall
make all bylaws, rules and regulations
4 : { 4
for the management of the business and
affairs of the company, and may amend
and change the same at pleasure. The
hoard If directors shall elect the officers
of tl,is corporation. All vacancies ere
ated in the board of directors by death,
restoration or otherwise, shall be filled
nv the remaining directors. The frst
hoard of directors of this corporation
sball consist of w. R. Cavett, president
s. b. Hicks, vice president, and +. ~,
Patterson. secretary-treasurer, W1le1
said board of directors shall remain z
Office until the first Tuesday in August
Ior1. or until their successors s1alt nave
been duly elected and qualified; on inc
| first Tuesday in August 1911 and an
nually thereafter, election Of director:
shall be held at the Office of the corpor-
alton in this City of Shreveport, Caddo
Parish. Louisiana, notice Of which said
meeting shall be given in any one Of the
newspapers published in the City o
Shreveport, Louisiana, for ten days prior
to said meeting. At all stakeholder:
meeting each share shall be entitled t.
one vote, either in person or by proxy
| in writing. In the event Of failure {
elect directors as specified above, tn
directors then in Office shall serve unit
their successors shall have been elected
and a meeting for such election ma
then be held at any time after ten day
written notice to each stakeholder.
ARTICLE VT.
/ This charter may be nodihed Q
amended, except as to the increase Q
decrease Of its capital stock, and TIN
corporation may be dissolved with II
assent Of the majority of the stock at
general meeting of the stockholders 70
sguch purpose after thirty days motto
published in any Of the newspapers
1.-The City Of Shreveport, Louisiana
! ARTICLE VII
| Whenever this. corporation IS GU
solved, either by limitation OF ITS ellai
ffaIrC cf11