The Caucasian. (Shreveport, La.) 1900-192?, 1911-04-09
S may determine.

| pdlu lot III CdSn OF Ill properly u us
equivalent in such manner as the board
of directors may determine
ARTICLE V.
All the corporate powers of this cor
poration shall be vested in a board OF
directors to be composed of five stock
holders, which board shall be elected
annually on the first Monday in Janu-
ary,. beginning with the year 1912. The
first board of directors and officers shall
be as follows: H. P. Dance, president
J. NJ Jones, vice president; c. B. Jones,
secrctary-treasurer, and Mrs Louise A
Dance. The president, vice president
and secretary treasurer shall constitute
the officers of the corporation, and their
duties shall be the same as usually de
UoIve on such officers. The directors
shall be elected by the stockholders
each share Of stock to be entitled to one
vote, to be cast by its owner or proxy
and the majority of votes shall elect
The board of directors shall make al
rules and regulations for the manage
ment of the business of the corporation
as it may deem necessary or eXpedlent
ARTICLE VI.
The charter may be modified, changed
or amended, or this corporation dis
, solved with the consent of three-fourth:
of the amount of the capital stock rep,
resented at a meeting of the stoCkhold-
erS convened for that purpose. There
shall be ten days notice of all meeting;
Of stockholders published in one of the
daily papers of the City Of Shreveport
Or notice Of such meeting mailed tc
each member by the secretary ten day!
before the date Of the meeting, provided
such notice may be waived by writer
: consent Of all stockholders Whenever
this corporation is dissolved by limita
ton or otherwise its affairs shall bt
liquidated by two commissioners elected
by stockholders, who shall have full
power to wind up its affairs, settle It;
liabilities and distribute the proceeds
among the creditors and stockholders.
ARTICLE VII.
No stakeholder shall ever be Fable
for the contracts or faults of this cor.
poration in any further sum than the
unpaid balance due to the company or
shares of stock subscribed for, nor shall
any possible illegality or informally il
organization have the effect of render.
ing this charter null or exposing a
stockholder to any liability beyond tht
amount of his stock due by him a:
aforesaid Ali sales or transfers of stocl
to be valid must first be made on The
books of this company, and no sale o:
stock to an outsider shall be valid unless
the stock is first offered the other mem
bers of the corporation at its marke
value
Done and passed at my Office in the
Parish of Caddo, State of Louisiana, II
the presence of w. P. Hall and R. w
Norton, competent witnesses, on thi
the 23rd day of February 1911.
:. H. P. DANCE.
MRS. LOUISE A. DANCE,
authorized by H. P Dance
]. NJ. JONES. .
c. B. JONES, JR,
| Witnesses: by J. NJ. Jones
R. w NORTON.
/ w. P. HALL.
/ GEO WHITFIELD JACK,
Notary Public
| State of Louisiana Parish of Caddo
/ Having examined the foregoing act 0:
incorporation and finding nothing there
in contrary to law, | hereby approve the
same this 24th day of February 1911.
/ J. M. FOSTER,
District Attorney First Judicial Distric
of Louisiana
| Endorsed: Filed and recorded Febru-
airy a. 1911. DIP. EUBANK,
| Deputy Clerk and ex-Officio Deputy Re
corder.
State of Louisiana, Parish of Caddo
hereby certify that the above and fore
going is true and correct copy of the
original act as the same now appears or
file and of record in my Office Given
j under nv hand and seal of Office this