The Caucasian. (Shreveport, La.) 1900-192?, 1911-08-22

ton shall be ten thousand dollars,
divided into and represented by four
hundred shares of the par value OF
twenty-five dollars each, this cor
poration being authorized to COM
mence business when four thousand
dollars of said corporate stock shall
have been subscribed and paid for.
ARTICLE V.
The management of the affairs Of
this corporation shall be vested in a
board of directors composed of three
stockholders, two of whom shall
compose a quorum for the transac-
ton of all business. Until the next
regular meeting for the election OF
a board of directors, which shall not
be prior to September 4, 1912, the
following shall constitute the board:
L. P. Kidd, F. E. Russ and r. A. Kidd,
with B. P. Kidd as president, R. A.
Kidd as vice president, and F. E..
Russ as secretary-treasurer. These
officers shall hold their office until
September 1, 1912, on which date and
annually thereafter a stockholders
meeting shall be hold for the pur-
pose of electing a board of directors.
Should the said date be legal holi-
day, the meeting referred to shall
be held on the first secular day
thereafter; and at such election each
share of stock present or represent
ed by written proxy shall be entitled
to one vote, majority of votes cast
electing. The board of directors
shall elect from amongst their num-
Der the officers for the year. Notice
of all elections shall be given by
mail, letter being sent to the adj
dress or last known address of each
stakeholder ten days prior to hold
ing said meeting, provided, however
that by unanimous consent of the
stockholders this notice may be dis
peEsed with.
ARTICLE VI.
This charter may be modified OF
amended or this corporation dis
solved or it's capital stock increased
or decreased by a majority vote of
its stockholders at a meeting regu-
larly called as above mentioned, ex-
ccpt in those cases where the law
requires a greater number or diff
ferent manner of notice. Should this
corporation be dissolved its affairs
shall be liquidated by one commits
sicner elected at the meeting voting
the dissolution, who shall have such
powers and shall give such security
for the faithful performance of his
duties as the said stockholders may
deem proper. No stakeholder here
in shall ever be held liable or re-
sponsible for the contracts or faults
of this corporation in any greater
sum than the unpaid balance due on
his stock, nor shall any informally
in the formation hereof have the
effect of rendering the charter null
OF of exposing the membership
thereof liable in any further sum
than the unpaid portion of stock
subscribed for by him.
Thus done and signed in the City
of Shreveport, Caddo Parish, Louis
lana, this the Goth day of July A. d
1911.
B. P. KIDD.
R. A. KIDD,
per F. E. Russ.
Attest: F. E. RUSS.
D. C. SCARBOROUGH JR.
D. G.. FRANTZ.
JOHN F. SLATTERY, i
Notary Public.
Having this day examined the
foregoing act of incorporation and
finding nothing therein contained
contrary to law, l hereby approve
the same this 9th day of July 1911
J. M. FOSTER, District Atty.
Endorsed: Filed and recorded July
81, 1911. S. o. WILLIAMS,
Deputy Clerk and ex-Officio Deputy
Recorder.
State of Louisiana, Parish of Cad
do: I hereby certify that the above
and foregoing is a true and correct
copy of the original act, as the same
now appears on file and of record in
my office. Given under my hand and
seal of office this 9th day of July
1911. S. O. WILLIAMS,
Deputy Clerk and ex-Of1icio Deputy
Recorder. 7-30.
To w. w. WalIing, Nonresident.