The Caucasian. (Shreveport, La.) 1900-192?, 1910-01-23

or change at pleasure; and generally to
do all other acts and things necessary
and proper to carry out the objects and
purposes of said corporation This
corporation, unless sooner dissolved, as
hereinafter provided for, shall exist and
continue for a period of ninety-t1ine
(eo) years from and after the date
hereof All citation and other legal
processes shall be served upon the
president, or in his absence Upon the
vice president, OF in their absence upon
the secretary-treasurer, at the domicile
of the company, which is hereby fixed
to be in the City of Shreveport, Caddo
Parish, Louisiana.
ARTICLE II.
The objects and purposes for which
this corporation is organized and the
nature of the business to be carried on
by it are declared to be: To manufac-
ture, buy and SCI lumber, wholesale and
retail; build, operate, lease and &C
quire timber, timber lands, tramways,
saw mills and planning mills, and to do
all things necessary to carry out the
objects and purposes of the corporation
ARTICLE III.
The capital stock of this corporation
shall be fifty thousand ($5oooe.oo) dol
lars, divided into and represented by
five hundred (5oo) shares of the par
value of one hundred ($1oooo) dollars
eacff1, which stock shall be paid for in
cash or in property, rights and credits
actually received by said corporation
when called for by the board of direc-
tors, provided that no stock shall be is
sued until the consideration therefor
has been received by said corporation.
The said corporation shall begin busl-
ness when forty (4o) shares of the
capital stock shall have been subscribed
and paid for. No transfer of stock shall
be binding on the corporation unless
made on its books at its office.
ARTICLE ".
The corporate powers of said cor
poration shall be vested in and exer-
cised by board of directors of three
CD stockholders. The following per-
sons shall constitute the first board of
directors: Messrs. r. S. Ayers, L, N.
Crisp and A. Bodenheim, with Mr. R.
S. Ayers, president; Mr.. L. N. Crisp,
vice president, and Mr.. A. Bodenheim,
secretary treasurer. In case of any
vacancy occurs in the board of direc-
tors as hereinbefore named prior to the
expiration of the term, such vacancy
shall be filled by the vote of the remain
ing directors of said corporation. The
said officers and directors shall hold
Office until January 10, 1911, or until
their successors are duly elected and in
stalled, which election shall take place
on said date and annually thereafter.
Notice of the election Of directors shall
be given by ten (Io) days prior notice
published in one .of the newspapers
published in said parish. The board of
directors shall appoint one or more
stockholders to preside at such election
At all elections and stockholders meet
ings each stakeholder shall be entitled
to one vote for each share of stock reg
te4a% Il
in his name. Votes may be cast in per-
son OF by proxy authorized in writing.
The officers shall be taken from among
the board of directors
ARTICLE VI.
This charter may be changed, altered
or amended (except to increase or de-
crea@ 1.-THE capital stocls) or the corpora
ton may be dissolved at a general
meeting convened for that purpose, with
the assent of three-fo urths (3-4) of
the capital stock of this corporation
represented at such meeting. Ten days
prior notice of such meeting shall be
given by publication, as herein provided
for; in case of the dissolution of the
corporation by limitation or otherwise,
its affairs shall be liquidated by the
board of directors of the corporation
acting as commissioners No stock
holder shall ever be liable or respon-
sible for the faults OF contracts of the
corporation in any further sum than the
unpaid balance due the corporation on
the shares of stock subscribed for or
owned by him, nor shall any infornality
in organization have the effect of rem
dering this charter null or exposing a
stakeholder to any liability beyond the
amount of his stock.
Done and passed at my office in said
parish in presence of Geo. G. Dininit
and d. Rosentha1, competent witnesses,
who signed these presents, together
with said appearers and me, notary,
after due reading of the whole.
r. S. AYERS.
L. N CRISP.
A