The Caucasian. (Shreveport, La.) 1900-192?, 1911-07-06

ence for and during the period OF
(99) years from the day'I
and date hereof, unless sooner dis
solved in the manner hereinafter
provided. It shall have the power
and authority to contract; to sue
and be sued: to make and use a cor
porate seal, and the same to break,
alter or amend at pleasure; to hold,
receive, purchase, convey, deliver,
mortgage, hypothecate and pledge
property, both real and personal,
subject only to the conditions and
restrictions imposed by law; TO issue
notes and other obligations, negotla-
BILE instruments. or other evidences
of debt; to have and employ such
managers, directors, trustees, Oh
ficers. employees and committees as
the interests of the corporation may
demand or require; and to make and
establish through its board of dlrec-
tors such bylaws, rules and regula-
tions for the corporate management
and control of the affairs of the cor
poration, as may be deemed neces-
sary.
ARTICLE II.
The domicile of this corporation
shall be in the city of Shreveport,
parish of Caddo, State of Louisiana,
and all citations and other legal pro-
cess shall be served upon the presi-
dent. and, in his absence. upon the
vice president, and, in the absence
of both of these, upon he secretary
and managers of this corporation.
ARTICLE III.
The objects and purposes FOL
which this corporation is organized
and the nature of the business to bt
carried on by it are hereby declared
TO be. to insure against loss or dam
age to property sby fire, lightning
lwind storm or tornadoes; the salt
business to be conducted upon tn
mutual plan, as herein provided, ant
lall policies or contracts of insurance
Ishall be issued in the manner pre-
lscribed and subject to the charges
liabilities, rates of premium, terms
instructions and conditions, fixed b.
: the bylaws of this corporation, ant
bv its board of directors.
ARTICLE ".
All of the corporate powers oil thi
corporation shall be vested In, an
the management and control OF 1t
affairs shall be exercised by boar
of seven (7) directors, to be electe
ANNUALLY by ballot at a general meet
ing of the members and policy hold
ers of this corporation, to be held q
the principal office of the co<ora
lion in The city of Shreveport ate
I thirty days notice by publication
-lleast three times in a neWspape
e unfinished in the city of Shreveport
I and by written notice mailed to eac
member to his last known address
Ileast ten days in advance Thereon
1.-The first meeting for an electlo
: shall be convened on the fourt
= Tuesday in January 1916, and al
d lnuaUy thereafter ON that day an
:. month: each member and polic
holder shall have one vote Tor eac
ten thousand dollars OF lnsurant
or fraction thereof carried by sa
b member and policy holders; but
s firm or corporation, or any numD'
WIof individuals jointly insured sha
as one member only; absel
# members may vote by proxy und'
j. such rules and regulations as ma
is be fixed by the board of director
% and it shall require majority OF u
# members and policy holders prese
% or represented to elect. The dire
TORS thus elected shall continue
lofice for one year or until their su
cessors shall have been elected al
ldualified; any failure TO elect dire
p tors shall not be regarded as 10
fixture of this charter. ana any
cancy occurring in the board OF c
Irectors shall be filled by the remaI
W ling members for the unexpired ter
Of THE officers of this corporation sh;
I'd he a president, a vice president,
&c executive committee OF three mer
le lhers, treasurer, secretary a
re managers, who shall be elected a
&c, nually by the board of directors.
in of the said officers shall be membe
of of the board of directors, except t
in treasurer, the secretary and
e. managers; and the latter shall
r competent underwriters and tn
v Ishall have active charge OF condu'
e. ing the business of the corporate
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