The Caucasian. (Shreveport, La.) 1900-192?, 1910-10-27

change the same dL pleasure. lit DooA
Eof directors shall elect the officers o
the corporation, and appoint, hire an
discharge all officials, agents and EN-
ployes, fix their compensation, and gen
orally do and perform all things AM
acts necessary in the prosecution OF tn
/ enterprise of the company. Nacancle
occurring in the board of directors b,
death, resignation or otherwise, shall
/ be filed for the unexpired time by thu
. remaining directors The first board O
directors of this corporation shall b
composed of w. E. Green, ]. B. Rey-
nolds, R. P. Borough, J. 0. Striking
and J. D. Wilkinson, WHO shall, at their
first meeting following the adoption OF
. the charter, elect from their number
! president, vice president, secretary anc
treasurer. The same person may be
chosen as secretary and treasurer. The
first meeting of the board of directors
shall be called by J. B. Reynolds This
board of directors and the officers so
chosen shall remain in office until the
first Monday in October 1911, Or until
their successors shall have been elected
and qualified. On the first Monday in
October and annually thereafter, an
election of directors shalt be held at the
office of the company in Shreveport,
Louisiana, notice of which said meet
ing shall be given in any one of the
newspapers published at the city of
Shreveport, for ten (Io) days prior to
the date of the meeting. Should for
any. cause this meeting not be called or
advertised at the time mentioned, then
it may be called and advertised for
later date, and meeting held at such
later date shall have the same efficiency
and force as though held on the first
Monday in October At all stockhold-
ers meeting each share of stock shall
be entitled to one CD vote, either in
person or by proxy in writing. The term
of office of no official, agent or employee
shall extend beyond the term of office
of the board of directors which elected,
chose or appointed him. If no term be
fixed during which an official or en-
ploye is to hold office, then his tenure of
the place shall be at the discretion of
the board of directors.
ARTICLE v.
This act of incorporation may be
amended, or the corporation itself dis
solved, by and through the assent and
action of three-fourths go of the
stock present or represented at any gen
eral meeting of the stockholders CON
yened for that purpose, after thirty (3o) |
days prior notice of such meeting shall
have been given by publication in one of
the daily newspapers published in the
city of Shreveport, Louisiana, by five |
50 insertions during said period of
thirty (3o) days. Should changes be
contemplated in reference to the capital
stock, besides the thirty (3o) days no
tice as above, ten (Io) days written no
tice to each stockho1der shall be given
This ten (Io) days written notice may
be given during the time thirty (3o) |
days published notice is running.
ARTICLE VI.
Whenever this corporation is dis
solved, either by limitation of its charter
or by any other cause, its affairs shall
be liquidated by three (3l commission
ers chosen by the stockholders at a
meeting of the stockholders convened
for that purpose after thirty (3o) days
prior notice shall have been given by
publication in a newspaper, as hereinbe-
fore set forth, for meeting called to
amend this charter or to dissolve the
corporation. The commissioners thus
chosen shall remain in office until the
affairs of the corporation shall have
been liquidated In case of death or
of either commissioner the
shall continue to act.
ARTICLE VII.
No stockholder shall be held liable
for the contracts or faults of thisScom
pany in any further sum than the unpaid
balance due the company on the shares
owned by him, nor shall any informally
in organization have the effect of rem
dering this charter null, or of exposing
stockholders to any liability beyond the
amount of their stock, or any unpaid
balance that may be due thereon
In testimony whereof, the said parties
have hereto signed their names in my
presence and in the presence Of Bula
Dillingham; and E. E. Beheler, compe-
tent witnesses.
w. E. GREEN.
per ]. D. Wilkinson, Attorney.
]. B. REYNOLDS.