The Caucasian. (Shreveport, La.) 1900-192?, 1910-04-14
mixed, either in or out of the State Of
ARTICLE ".

stock of this, corporation is hereby fixed
in the sum of FIVE hundred thousand dol
j lars ($5oo, 10000, che came to be dlv1d-
ed into and represented by 5000 shares
I of the par value of one hundred dollars
each, and 30 shares thereof are now sub
scribed and paid for, and the balance
of the shares of the said capital stock
may be issued by the board of directors
either for money received by this cor
poration or for labor done in its behalf,
or for property actually by it received.
This corporation shall become going
concern, and be authorized to do bust
ness as soon as three thousand dollars
i ($3,ooo.oo) of its capital stock shall
have been subscribed and paid for.
i ARTICLE V.
II Section I. All of the corporate powers
of this corporation shall be vested in
and exercised by board of of directors
i to consist of FIVE members, all of whom
shall be stockholders, and three of
whom shall constitute quorum for the
transaction of all business. Said board
shall be vested with full power and au-
thority to direct and provide for the
making of contracts, purchases and
sales, to adopt all bylaws, rules, regula-
II tons and resolutions for the govern
ment of the business and affairs Of the
corporation, and to amend, al'tr or re-
peal such, and shall have full power to
fill all vacancies which may occur in the
membership of the board.
i Sec. 2. An annual meeting of the
stockholders for the election Of board
), of directors shall be held on the first
+ Monday in April in each year, begin
, ming with the year 1911, and If the same
be not held at that time, then as soon
thereafter as may be deemed expedient
failure to eelct directors on the date
, above specified shall not dissolve the
corporation nor impair its corporate
management, but the directors then in
Office shall remain in office until their
i successors shall be elected and qualified
at the time for the annual meeting for
election of said directors there shall be
transacted such other business as may
be properly brought before such meet
ing provided, however, the date of an
nual meeting may be changed and fixed
: by the bylaws.
Sec. 3. The officers of the corporation
n shall be at least president, a vice pres
ident, a secretary and a treasurer. In
! addition the bylaws or resolutions o.
this corporation may provide for two OF
: more vice presidents and an assistant
secretary, or more than one, and an as
sistant treasurer, or more than one.
The president and each vice president
!. shall be a director, but no other Officer
need be either a director or stakeholder
Each board of directors shall elect Of
ficers of the corporation, and the pow
!. ers of such officers shall be shown IL
I the bylaws of the corporation, or b.
resolution of the board, and all officer:
shall hold office at the pleasure of TIL
board, and the tenure of all other EN-
ployes shall be subject to definition AM
control by the bylaws or by. resolution
of the board.
Sec. d. All elections and other ques
tons submitted at stockholders meeting
shall be by ballot, and each stockholde
? shall be entitled to one vote for ever.
share of stock held by him, the same t
! be cast either in person or by proxy
: and a majority of all the votes cas-
! shall prevail, except in such instances a
:. the statutes or this charter may other
i wise provide.
n Sec. 5. The board of directors ma
appoint committees, and such commit
2 tees shall have and may exercise sue
powers as shall be conferred or author
dfized BY the bylaws or the resolution
!, of the board
Sec. 6. Every member of the board Q
II directors, in case of his absence fror
al the State of Louisiana or the City Q
II Shreveport at any time, shall have th
: right to name and appoint in writing
Al proxy TO represent him and to sit in HI
= place and name and act for him at a
s meetings of the. board which may /
held during his absence from the Stat
81 of Louisiana or City of Shreveport.
I'll ARTICLE VI.
tsI This act of incorporation may !
MS changed, altered, amended or modife
or or this corporation may be dissolve
,ctI with the assent and approval of tire
gel fourths of the issued and outstandir
erI shares of the capital stock present
ayI represented at meeting of stockhol
DIS ers called for that purpose after giyiI
n of such notice as the bylaws may pr
nj scribe. and changes as to the capt.
in stock shall only be made upon such n
he tice as the law and the bylaws of Il
nyI corporation may require.