The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-23

MAINTAIN necessary uISLGiDuLiifS Std
tons, lines and machinery inciden-
tai thereto.
ARTICLE III.
The capital stock of this corpora
ton is fixed at the sum Of one hun
dred thousand dollars, divided into
one thousand shares Of the par
value of one hundred dollars each,
and it shall become fully subscribed
for and one-third thereof is paid in
full. But 10 stock shall issue until
the same is fully paid, and may be
issued for cash for labor or for
property received at a valuation to
be fixed by the board of directors.
ARTICLE II.
The affairs of this corporation
shall be managed and directed by a
board of directors consisting Of five
stockholders. who shall be elected
annually at a general stockholders
meeting called for that purpose on
the first Monday in February OF
each year. and the said stockholders
so elected shall elect their own Of
ifcers and shall hold their office un-
til their successors are duly elected
and installed. Until the election on
he first Monday i'll February 1913
the following shall compose the
board Of directors Of this corpora
lien. tO-Wil: H. L. Hcilperin. who
shall be president; S. l.. Herold, who
shall be vice president: w. b. Nc
Cormick who shall he treasurer,
and Wheeler Shropshire and J. II.
Thatcher. Any vacancy iii said
board of directors shall he filled by
The remaining directors electing a
stakeholder for the uneXpired term.
ARTICLE Y.
Whenever this corporation is dis
solved, by limitation or otherwise,
its affairs shall be liquldated by two
persons selected for that purpose at
stockholders meeting duly held,
and said liquidators shall perform
sue hseryices and give such security
as said stockholders meeting may
determine.
ARTICLE VI.
This act Of incorporation may be
amended and the capital stock in
creased or diminished, or this cor
operation may be dissolved by vote
Of three-fourths Of its stockholders
III amount at a stockholders meet
| ing called for that purpose i'll ac
c0rdance with the laws of the State
| Ct Louisiana, and at all stockhold-
trs meetings each share of stock
shall be entitled to one vote. to be
cast by its owner, either in person
CT by proxy. When not otherwise
provided by law, all stockholders
shall be notified at least ten days
prior TO any meeting Of stockholders
by a letter addressed to the;@ to
them to their usual postoffice adj
dress, but nothing herein contained
shall prevent said stockholders from
waving notice of such meeting and
conserving to the holding thereof at
an earlier day.
ARTICLE VII.
No stockholderof this corporation
shall ever be held liable or RESPONSE
BILE for the contracts or faults there
of in any further sum than the I'M
paid balance due on his stock, nor
shall any mere informally have the
effect of rendering this charter null
or of exposing a stakeholder to any
loss beyond the amount of his stock.
In testimony whereof said parties
hereunti signed their names in pres
cree of me, notary, and the under
signed attesting witnesses on the
date first in the beginning written as
the date hereof.
W. B. MCCORMICK.
J. II. THATCHER,
per w. B. McCirmock.
Fl. L. HEILPERIN.
WHEELER SHROPSHIRE.
J. A. THIGPEN.
s. l.. HEROLD.
Attest:
ROLAND WILLIAMSON.
S. p HARRELL.
SC. FUILHOVE,
Notary.
Having examined the foregoing
charter and act Of incorporation,
and finding nothing therein contrary
to law, | hereby approve the same.
Done and signed officially on this
the 10th day Of October 1911.
J. Nj. FOSTER,
District Attorney.
Endorsed: Filed and recorded Oc-
toher II, 1911. so. WILLIAMS,
Deputy Clerk and ex-Oflicio
Deputy Recorder.
State Of Louisiana, Parish Of Cad
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