The Caucasian. (Shreveport, La.) 1900-192?, 1910-09-08
CHARTER
OF THE cAVETT CARRIAGE COM.
PANY.

Iol SdduO FaflSH, SLate or LOUISIANA,
personally came and appeared W. R.
Cayett, S. B. Hicks, A. N. Cavett and
K. N. Patterson, all residents of Caddo
Parish and State of Louisiana, who de-
clared to me that they do hereby form
for themselves and such other persons
as may hereafter boone associated with
them, a corporation under the laws of
the State Of Louisiana, made and pro-
vded for the formation of corporations,
Tor the purpose and objects and under
the stipulations and agreements as fol-
lows, to-Wit:
ARTICLE /.
The name and style of this corpora
ton shall be CAVETT CARRIAGE
COMPANY, and its dolnicile shall be
m the City of Shreveport, Caddo Par
ISL, Louisiana. Under its said name it
shall have power and authority to exist
and enjoy succession for fifty years from
and after this day
ARTICLE II.
The objects and purposes for which
this corporation is formed and the ma
ture of the business to be carried on by
it is hereby declared to be to buy and
sell buggies, surries, farm and delivery
wagons and vehicles of all kinds, haying|
tools, farm implements and machinery,
road machines, gasoline engines, etc, and
to that end to borrow money, give notes
and mortgages and do any and all things
necessary to carry on the objects. for
which this corporation is created, sue
cessfully.
ARTICLE III.
This corporation shall have the right
to sue and be sued, citation to be served
on the president, and in his absence on
any officer of the said company at its of
fee.
ARTICLE ".
The capital stock of this corporation
is hereby fixed at the sum of twenty-five
thousand ($25, 100000 dollars, divided
into two hundred and fifty (25o) shares
of one hundred ($Ioo.oo) dollars each,
to be issued for cash paid the corpora
ton, or for property conveyed, and for
services rendered, provided, however,
that no stock shall be issued at less than
par, and provided further that this cor
poration may begin business as soon as
one hundred and twenty five (I25)
shares of its capital stock shall have
been subscribed and paid for in full,
either in cash or its equivalent
ARTICLE v.
The corporate powers of this corpora
ton shall be vested in and exercised by
a board of directors consisting of three
two of whom shall con-
stitute quorum for the transaction of
business. The board of directors shall
make all bylaws, rules and regulations
for the management of the business and
affairs of the company, and may amend
and change the same at pleasure. The
board of directors shall elect the officers
of this corporation All vacancies Gre
ated in the board of directors by death,
or otherwise. shall be filed
by the remaining directors. The first
board Of directors of this corporation
shall consist of ". R. Cavett, president
S. B. Hicks, vice president, and R. NJ.
Patterson, secretary which
said board of directors shall remain in
office until the first Tuesday in August
1911, or until their successors shall have
been duly elected and qualified; on the
first Tuesday in August 1911 and an
nually thereafter. election of directors
shall be held at the Office of the corpor-
alton in this City Of Shreveport, Caddo
Parish, Louisiana, notice Of which said
meeting shall be given in any one of the
published III the City OF
Louisiana, for ten days prior
10 the said meeting At all stockholders
meeting each share shall be entitled to
one vote, either in person or by proxy
in writing. In the event of failure to
elect directors as specified above. the
directors then in Office shall serve until
their successors shall have been elected,
and a meeting for such election may
then be held at any time after ten days
written notice to each stockholder.
ARTICLE VI.
This charter may be modified or
except as to the increase or
decrease of its capital stock, and this
corporation may be dissolved with the
assent of the majority of the stock at a
general meeting Of the stockholders for
sgnch purpose after thirty days notice
published in any Of the newspapers il
the City Of Shreveport, Louisiana.
ARTICLE VII.
Whenever this corporation is dis
solved, either BY limitation of its char
Ter or any other cause. its affairs shall
be liquidated by two commissioners
elected by the stockholders at meet
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