The Caucasian. (Shreveport, La.) 1900-192?, 1911-10-26


and This corporation is authorized
tu begin business when fvrntv-lhrap
thousand fNe hundred 5&23 10000
dollars If It's capital stock shall
iiuNr been subscribed and paid in
cash or it, equivalent
ARTICLE ~.
The rorpuratr powers Of This cor
pofalion shall be- vested in a board
Of directors, consisting OF thrr,.
shareholders, NO OF whom shah
constitute It quorum for HE trans
action Of business This board shall
be elected annually by ballot by the
stockholders al a meeting 10 be held
on HE first Monday i'll December of
each year. beginning with the year
| t3ii, and the directors shall nl,et
| The other officers Of the corporation
until such meeting shall be held
and their Successors elected an.
qualified. The directors of This cor
poratien shall be Y. l.. McCa"lN,
who shall be president: C.. f. Davis.
who shall be vice president. and f.
w Browne. who shall be secretary
and treasurer. The board of direr-
tors shall have authority to ,ldke
such regulations for The conduct anG
management Of The corporation and
shall have the right to appoint such
officers and agents and cmpllvaS a.
they may deem proper and neces-
,1rN in The conduct Of the husicrss
ard affairs Of the corporations.
ARTICLE V.
This corporation shall have poH,r
10 sue and be sued; TO buy, sell and
mortgage any and all kinds Of prop
erly: 10 contract and be contracted
with: 10 make any have a corporate
seal aud the same 10 change and al
ter al pleasure; to make donations
whenever such may be to the evil
dent interest of The corporation, and
generally 10 do and perform any
and everything that may be neceS-
y
and purposes for which it is formed.
ARTICLE VI.
Al all meetings of stockholders
each share Of stock shalt be entitled
to one vote 10 be cast in the person
Of the holder. or by proxy, and the
majority of votes east shall elect;
III, IF -
stockholders shall be given by print
al notice in one of the newspapers
published in the city Of Shreveport,
or by personal notice mailed to the
Stockholders to his postoflice ad
dress, provided the stockholders
may waive notice or may meet by
unanimous consent without notice.
ARTICLE VII.
This charter or act of incorpora-
lion may be- changed, amended, al
tered or abolished Except as to in
rrcasing or decreasing lis capital
stock or the corporation dissolved
by vote Of lIree-fourihs of all the
stock outstanding at special meet
ing called for that purpose after ten
days notice. as above provided.
ARTICLE VIII.
Wherever the corporation is dis
solved by limitation or otherwise, its
affairs shall be administered and
wound up by two liquidators, to be
selected by The stockholders at
meeting called for that purpose in
The manner provided in this aeL.
These li,pidatofs shall continue in
office until The full liquidation of
the affairs Of The concern. In case
Of death, disability or resignation Of
these liQuidatOrs or either Of them.
the Vacancy may be filled by the
stockholders al meeting regularly
called; or. III the discretion of the
stockholders The affairs shall be
conducted by the remaining liqui-
dator alone
ARTICLE TX.
t No stockholder in this corporation
shall ever be subjected to or liable
| for any debts. contracts or faults OF
this corporation in any sum i'll ex-
cess Of the unpaid balance, if any
| due on his stock therein; nor shall
any informally in organization have
HE effect OF rendering This charter
EulI or Of exposing any stakeholder
! 10 any personal liability.
Thus done and passed al my Of
lice in said parish Of Caddo, in the
presence of Lucy Lacy and +. F.
Bell Jr competent witnesses. on
This thc Gill day of October 1911
/ Y. L. MCCARTHY.
1 CLIFTON f. DAVIS.
f.. WAYIES BROWNE.
Attest:
i LUCY LACY.