The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-28
ARTICLE III.

! ton is fixed al the sum oil Ten thous-
and dollars fSi0000JGO), divided INTO
ten thousand shares Of one dollar
per share, par value, and this COR
poration shall be going concern
when fifty per cent of the said eapl-
tai stock shall have been subscribed
for and paid in. No stock shall be
issued until same is fully paid for,
and it may issue for cash, for labor
or for property received AT valua-
ton deemed reasonable by The board
Of directors.
ARTICLE Ill
The affairs of this corporation
shall be managed and directed by a
board Of directors consisting of three
stockholders, who shall be elected
ANNUALLY at a general meeting of The
stockholders called for that purpose
on the third Monday in November OF
each year hereafter, and the said
stockholders shall elect their own
officers and shall hold their office
1until their successors are duly elect
ed and Installed. Until the said cleo
ton on said second Monday in No
vember hereafter The following shall
compose the board Of directors OF
this corporation, lo-wit: John Bird
we'll Jr, president Of said board i.
Il. Birdwell, who shall be vice presi-
dent: and n. II. Holmes, who shall be
secretary-treasurer. Any vacancy in
said board Of directors shall he filed
by The remaining directors. electing
| q stockholder for tho unexpired
term.
ARTICLE V.
This act Of incorporation may be
amended and the capital stock ln-
creased or decreased. or this rorpor-
alton may be dissolved by vote Of
three fourths Of its stockholders in
amount at Il Stockholders meeting
called for that purpose IN accord
lance with The laws of The State Of
Louisiana, and nj all stockholders
meetings each share Of stock shall
be entitled TO one vote, 10 be cast by
Its owner either in person or by
lproxy, when not otherwise provided
by law: all stockholders shall be no.
Titled al least ten days prior to any
injecting Of stockholders by letter
addressed TO them at their usual
postoflice address, but nothing here
lin contained shall prevent said
stockholders from waving notice OF
such meeting ana consenting to the
holding thereof at an earlier date.
ARTICLE VII.
No stakeholder Of this corporation
shall ever be held liable or respon-
|sible for the contracts or faults
thereof In any further sum than the
UNPAID balance due on his stock, nor
shall any mere informality have the
effect of rendering this charter null
or OF exposing a stakeholder TO any
loss beyond the amount paid for his
stock and subscribed by him.
In witness whereof the said parties
hereunto signed their names in the
presenee OF me, notary, and the un-
| dersigned competent witnesses on
This 22nd day Of November 1911.
JOHN BIRDWELL.
p. n. BrnDWELL..
Attest: n. r. HOLMES.
r. J. Ross.
ID. II. DOYLE. JNO. b. FILES,
/ Notary Public in and for Cad
i do Parish, Louisiana.
Endorsed: Filed and recorded Nov
l2s, 1911. s. O. WILLIAMS,
Deputy Clerk and ex-0tllcic
Deputy Recorder.
State of Louisiana, Parish of Cad
lido: hereby certify that the above
ian dforegoing Is true and correct
|copy OF the original act, MS The same
now appears on flle and of record in
(my office. Given under my hand and
seal of Office this 18th day of Novem-
Eber 1911. so. WILLIAMS,
! Deputy Clerk and ex-Ot1ieio
/ Deputy Recorder. ii-2s
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