The Caucasian. (Shreveport, La.) 1900-192?, 1911-09-14
" hoard of directors consisting of

man thereof, the vice president dtI'l
OBSERVATION-DISCLOSURES. Two Of said
board shall constitute a quorum, and
their decisions shall be corporate
acts. The following persons shall
constitute the first board OF dlrec-
tors: w. O. Brice, R. A. Cram and
d. d. SWindle, with w. q. Brlce as
president and treasurer; r. A. Cram
as vice president, and ID. ID. SWlndl@
as secretary. No person shall be chg
ible as a director or officer VINO IS
not stakeholder. Said board OF d.
rectors shall continue in office until
the first Monday in September 1912,
on which date and thereafter an
nually a board of directors and OIL
ficers shall be elected, unless SAID
day shall be a legal holiday, when
the election shall be held on the next
legal day thereafter. Notice OF SAID
election shall be given by at least
ten days continuous notice in one OF
the daily newspapers OF Shreveport,
and the board of directors shall ap-
point one or more stockholders to
preside at such election as commits
siCners. Any failure to elect dlrec-
tors on the day named for that pur-
pose shall not dissolve the corpor-
alton, but the directors then in Of
flee, as we'll as the officers OF said
company, shall hold over until their
successors shall be chosen. In such
event the president shall call an
other election to be held within
thirty 800 days and shall give no.
tice thereof as hereinbefore provld-
cd The election for directors shall
be by ballot and the majority in
amount of votes cast, each share OF
stock voted to be counted as one
vote, shall elect the person for
whom it is cast. After each election
1.-The board of directors shall elect
from their own number the officers
of the company.
| ARTICLE V.
The board of directors shall have
full power to fill vacancies in their
number caused by death, resignation
or otherwise, from among the stock
holders of the corporation. They
shall have full control of the prop
crty of the company, and shall so
lconduct, manage and use the same
as in their discretion they deem fit,
land that is consistent wit hthe OBJ
ject of this company, or the welfare
of the same. They are authorized to
adopt such bylaws, rules and reg
luIations as the affairs of this cor
poration may require, and as it may
|deen1 necessary for the management
land conduct thereof, provided, the
same shall not conflict with this
lcharter or with the laws of the
/ United States or State. The presl-
dent is authorized to appoint such
officers, agents, employees, servants,
Iclerks as he may deem necessary
flor the conduct and management OF
1.-THE affairs of the corporation, fix
their compensation, term Of service
with the right to dismiss them; he
shall submit the names of all per-
lsons appointed by him and dismissed
by him to the board of directors, and
lsaid board may annul his action by
La two-thirds vote. The board shall
lhaVe the right to fix and determine
the salaries, terms, dues Of the Of
fieers herein provided for.
ARTICLE VI.
This charter may be changed
modified or amended, the capita
lstock increased or decreased, or this
corporation may be dissolved at
general meeting of the stakeholder:
convened for that purpose, with th'
assent of three-fourths of the entir.
leapital stock whether present o.
Represented at the meeting. Tel
: days prior notice shall be given il
any newspaper published in tsn
: city. In case of dissolution or Ter
: Inination of this corporation, eitile
10y limitation of its charter or 9TH
erwise, the liquidation Of its affair
: shall be conducted by three commits
t lsioners selected from the st)"khOlI
: lers with like assent, at a meetin
: called for that purpose, as set fort
d in this article. Said commissioner
: shall remain in Office until the al
|, fairs of said corporation shall hav
n been fully liquidated.
s ARTICLE VII.
oil No stakeholder of this corporatio
: lshall ever be held liable or respon
dIsible for the contracts or fault
: thereof in any further sum than til
S UNPAID balance due the company Q
d 1.-The above shares of stock subscribe
h flor or owned by him, nor shall an
ID informally in organization have tt
70 Ielle"t of rendering this charter IN
g OF exposing stakeholder to any liz
IS hihty beyond the unpaid balance,