The Caucasian. (Shreveport, La.) 1900-192?, 1910-09-22

shall be advertised ten days in daily
Shreveport paper; directors to be chosen
at Office of company.
ARTICLE VI.
Failure to hold an election for direc-
tors on the day named shall not dissolve
the corporation but the incumbent di-
rectors shall hold over until their sue
cessors are duly qualified and elected.
Any vacancy in the board shall be filled
by the remaining directors. The board
of directors shall have the power to con-
tract debts, borrow money and do all
things necessary to carry out the objects
and purposes of this corporation.
ARTICLE VII.
No sale of stock shall be valid or
binding on the corporation until the
same has been transferred on the books
of the company; no transfer or sale of
stock shall be made by any stakeholder
of this corporation without his giving
the company ten days notice of his in
tention to sell and giving the said cor
poration the preference of purchasing
same. No stakeholder shall be liable
on any obligation of this corporation in
any further sum than the amount of
unpaid balance on his stock. On failure
of stakeholder to pay for stock SUBJ
scribed it shall be optional with the
board of directors either to declare the
delinquent shares forfeited to the cor
poration or to sue the subscriber for
the price due on all stock TO be sold for
not less than par.
ARTICLE VIII.
This corporation is authorized to in
Fcrease its capital stock by two-thirds
vote of all the stockholders at a meeting
held according to law, said original
stockholders shall have right to par
ticipate in said increased issue of stock.
in proportion to holdings of original
stockholders, and in default thereof the
other stockholders shall first have a
right to purchase said stock before it is
offered to third persons.
ARTICLE TX.
This charter may be modified, changed
or dissolved or amended in any way
Except to increase or diminish its capt.
tai stock, which shall be done by vote of
two-t thirds of all stock presently with
the assent of three-fourths of the stock
represented at a general meeting of the
stockholders convened, for this purpose
after thirty days previous notice pub
1ished in a Shreveport paper. Whenever
this corporation is dissolved by limita-
| ton or otherwise, its affairs shall be
| liquidated by three commissioners elect
ed at stockholders meeting, who shall
have full power to wind up its affairs,
settle its Indebtedness and distribute
among its stockholders.
Done and passed at my office in Caddo
Parish, Louisiana, in the presence of B.
F. Peyton and H. E: McCutchen, this
September 5, 1910.
R.V. COOK.
A. R. C0OMBER.
G. T. TALBOT.
]. B. EMBREY.
o. C. CARTHEY.
J.W. LANGSTON.
| J. NJ. WATSON.
L. E. STOKES.
A. A. CAMPBELL,
per l. E. Stokes
]. w. PEYTON,
/ per L E. Stokes.
]. Q. killer,
| Attest: per R. V. Cook.
/ B. F. PEYT0N.
H. E. McCUTCHEN.
T. F. BELL JR.,
Notary Public.
i 1 J. M. Foster, district attorney in
and for the Parish of Caddo, State of
Louisiana, having examined the above
and foregoing charter, finding nothing
therein contrary to law, herbey approve
tsame this 9th day of September 1910.
]. M. FOSTER,
District Attorney tor the First D1strict
of Louisiana.
Endorsed: Filed and recorded Sep
TENDER 6, 1910.
i S. @. WILLIAMS,
Deputy Clerk and ex-Oficio Deputy Re
corder.
4 State of Louisiana, Parish of Caddo;
, hereby certify that the above and fore
going is a true and correct copy of the
original act, as the same now appears or
, file and of record in my Office. Giver
under my hand and seal of Office this
9th day of September 1910.
S. o. WILLIAMS,
Deputy Clerk and ex-OAicio Deputy Re.
corder. 90.
II BIDS INVITED.
!, Bids are hereby invited for building