The Caucasian. (Shreveport, La.) 1900-192?, 1910-01-16

regulations for the proper management
of its affairs as may be deeRed neces-
sary aud proper, and the same to alter
Or change at pleasure; and jgenerally to
do all other acts and Thugs 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-nine
| 900 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, or irS 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 sell lumber, wholesale ana
retail; build, operate, lease and &C
quire timber, timber lands, tramwaxs,
saw mills and planning mills, and to do
all things necessary to carry out the
objects and purposes of the corporation.
ARTICLE Ill
The capital stock of this corporation
shall be fifty thousand ($5oooooo) dol
lars, divided into and represented by
five hundred (5oo) shares of the par
value of 6ne hundred ($Ioooo) dollars
each, 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 Dus1-
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
occurs in the board of direc-
ors as hereinbefore named prior to the
expiration of the term, such vacancy
shall be filled~by the vote of the remain
ng directors Of said corporation. The
'aid officers and directors shall hold
office until January 10, 1911, or until
heir successors are duly elected and in
tailed which election shall take place
IN said Sgte and annually thereafter.
Notice of the election of directors shall
'e given by ten (Io) days prior notice
published in one of the newspapers
in said parish. The board of
directors shall appoint one or more
tockholders to preside at such election.
Vt all elections and stockholders meet
ngs each stakeholder shall be entitled
o one vote for each share of stock reg.
stored on the books of the corporation,
n his name. Votes may be cast in per-
on or by proxy authorized in writing.
The officers shall be taken from among
he board of directors.
ARTICLE VI.
Ibis charter may be changed, altered
II amended Except to increase or de-
rease the capital stocll) or the corpora
ion may be dissolved at general
Meeting convened for that purpose, with
he assent Of three fourths $50 of
he capital stock of this corporation
represented at such meeting. Ten DAYS
flor notice Of such meeting shall be
wen by publication, as herein provided
or; IN case of the dissolution of the
orporation by limitation or otherwise,
S affairs shall be liquidated by the
GARD of directors of the corporation
citing as commissioners. No stock
older shall ever be liable or respon-
bic for the faults or contracts of the
orporatlon in any further sum than the
npald balance due the corporation on
lie shares of stock subscribed for or
"ned by him, nor shall any informally
organization have the effect of rem
erlng this charter null or exposing a
ockholder to any liability beyond the
mount of his stock.
Done and passed at my office in said
irish in presence of Geo. G. Dimmit
I'd D. Rosentha1, competent witnesses,
no signed these presents together