The Caucasian. (Shreveport, La.) 1900-192?, 1910-01-27
ARTICLE ".

- regulation OF its affairs as may be |
Necessary.
ARTICLE ".
The capital stock of this corporation
is hereby fixed at the sum of five thous- |
and dollars divided into fifty shares of
one hundred dollars each, and it shall
commence business as soon as said
amount Of stock is subscribed and paid
for. Stock may be issued and shalt be
paid for when issued, either in cash OF
for services rendered to or property
transferred to the corporation, and al
stock when issued shall be fully paid
The capital stock of this corporation
may be increased or diminished accord
ing to the laws of this State relating to
the same.
ARTICLE V.
All the powers of this corporation
shall be vested i'll board of directors
composed of three stockholders who
shall be elected on the first Monday in
February of each year, commencing in.
the year 1911, at general meeting con
vened for that purpose, after ten days
previous notice sent to each of said
stockholders through the mail to their
postoffice address, and until such cleo
ton in 1oII the following shall com
| pose the first board of directors and
shall hold their office until their success
sors are qualified, to-wit: L. Hanszen
| Sam w. Mason, D. p. Eubank, with
| Sam w. Mason as president, and D. 2.
Eubanw as secretary treasurer. Cacan
cies in the board of directors shall be
filled by the remaining directors by
election from among the stockholders,
and a majority of the board shall con-
stitute a quorum for the transaction Of
business. The board of directors shall
elect and employ any and all employees,
managers and clerks of the corporation
as they may deem necessary, fix their
compensation and remove them at will
| All legal process shall be served on the
president, or in his absence on the sec
rotary and treasurer of the company.
ARTICLE VI.
/ This charter may be amended or
changed, or this corporation may be
abolished by a vote of two-thirds of the
capital stock, represented at meeting
Of the stockholders convened for that
purpose after fifteen days printed no.
t;ra -, $50 ~ tI,c .,o,,rraoarc rtttjiCbe "A
in the City of Shreveport, and personal
4 notice given each stakeholder through
the mail At all such meetings, each
share of stock shall be entitled to one
vote, either by its holder or by written
proxy, and in all stockholders meetings
The majority of stock shall prevail. Pro-
yiding that nothing herein shall prevent
the stockholders by unanimous consent
holding a meeting without such notice
when such unanimous consent is giver
in writing and signed by ali of the
stockholders of the corporation.
ARTICLE VII.
Whenever this corporation is dis
, solved, either by limitation or by vote
of its stockholders, or otherwise, its af.
fairs GALL be liquidated and settled BY
one commissioner, appointed by tht
stockholders at meeting thereof, anc
such commissioner shall give such bone
and security and perform such duties
as may be designated by said stockhold
ers. and he shall proceed to wind up anc
liquidate the affairs of said corporation
as expeditiously as possible and occord
ing to law.
ARTICLE VIII.
No stakeholder shall ever be held LA
Bile or responsible for the contracts o
faults of this corporation in any further
sum than the unpaid balance due on tn,
shares of stock owned by him, nor shall
any mere informality in the organiza
7 ton render this charter null or expost
any stakeholder to any liability beyond
the stock owned by him.
In testimony whereof the said partie
l have hereunto subscribed their names il
presence Of the attesting competent wit
nesses and me, said notary, on the dat
FIRST in the beginning written.
L. HANSEN.
SAM w. MASON.
D. P. EUBANK.
I ~ TT 4