The Caucasian. (Shreveport, La.) 1900-192?, 1910-07-31

The capital stock of this corporation
shall be three thousand ($3,ooo.oo) dol
lars, divided into and represented by
thirty (3o) shares of one hundred dol
lars ($Ioooo) each, which stock shall be
paid for in cash or in property; provid-
ed that no stock shall be issued until the
consideration therefor has been received
by said corporation.
ARTICLE ".
The corporate powers of said corpora
ton shall be vested in and exercised by
a board of directors composed of three
stockholders. The following persons
shall constitute the first board of direc-
tors, viz: Forest Baker, Charles An
derson and J. S. Welsh, with Forest Ba-
ker as president, Charles Anderson as
vice president, and J. S. Welsh as sec
retary-treasurer The said officers and
directors shall hold their offices until the
first Tuesday in August A. D. 1911, or
until their successors are duly elected
and qualified on the said day in August
1911, and annually thereafter, board of
directors shall be elected, unless said
date shall be legal holiday, when the
said election shall be held on the first
secular day following the said holiday.
Notice of the said election shall be given
by ten days 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; any failure, from any cause
whatever, to hold such meeting or to
elect said board of directors on the day
named for that purpose shall not dis
solve said corporation, but the directors
and officers then in office shall hold over
until their successors are chaser and
qualified. At every election and stock
holders meeting each stakeholder shall
be entitled to one. vote for each share
of stock registered on the books of the
corporation in his name. Votes may be
cast in person or by proxy, authorized
in writing. After each election the board
of directors shall elect from their num-
Der the above named officers. 49,.
ARTICLE V. -
This charter may be changed, altered
or amended Except to increase or de-
crease its capital stock Or the corpora
ton may be dissolved at a general meet
ing convened for that purpose, with the
assent of three-fourths (3-4) of the
capital stock of the corporation repre-
sented 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 corpora
ton by limitation or otherwise, its af-
fairs shall be liquidated by two commits
sioners selected by and from among the
stockholders at meeting called, after
due notice, for this purpose. No stock
holder shall ever be liable or responsible
for the faults Or contracts of the cor
poration in any further sum than the
unpaid balance due the cooperation on
the shares of stock subscribed for or
owned by him, nor shall any informally
in organization have the effect of rem
derirg 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 w. P. Eakin and
D. Rosentha1, competent witnesses, who
signed these presents, together with ap-
bearers and me, notary. after due read
ing OF the whole.
FOREST BAKER.
c. B. ANDERSON.
JOHN S. WELSH.
Attest: (Signed)
w. P. EAKIN.
D. ROSENTHAL.
ALLEN Kendall,
Notary Public Caddo Parish, La.
State of Louisiana, Parish of Caddo:
After examining the above and forego-
ing act of incorporation, and finding
nothing therein contrary to law, I ap-
prove the same. Done and signed off
cially on this the 10Th day of July A. D.
1910. DC. SCARBOROUGH JR.,
Acting District Attorney First Judicial
District of Louisiana.
Endorsed Filed and recorded July
20, 1910, at $40 am.
A. S. HARDIN,
Deputy Clerk and ex-Oficio Deputy Re
corder.
State of Louisiana, Parish of Caddo:
hereby certify that the above and fore
going is true and correct copy of the
original act, as the same now appears
on file and of record in my office Given