The Caucasian. (Shreveport, La.) 1900-192?, 1911-10-24

dnu lniS corporation Is authorized
To begin business when tweniy-three
thousand live hundred 1922. 10000
collars OF It's capital stock shall
have been subscribed and paid in
cash ar lis equivalent.
ARTICLE ".
The corporate powers of this cor
| pnralIOn shall be vested in "A board
81 directors, consisting OF three
stockholders. two of whom shall
constitute a quorum for the trans
action of business. This board shall
be elected annually by ballot by the
shareholders at meeting to be held
Oh the first Monday in December of
each year, beginning with the year
ljli. and the directors shall nIact
The other officers of the corporation
until such meeting shall be held
and their successors elected an
qualified. The directors of this cor
poralion shall be V. l.. McCarty.
who shall be president; G.. +. Davis.
who shall be vice president, and T..
W. Browne, who shall be secretary
and treasurer. The board of diree-
tors shall have authority TO make
such regulations for the conduct aGt.
management of the corporation and
shall have the right TO appoint such
officers and agents and employ as
they may deem proper and neCcs-
-ary in the conduct Of the business
ard affairs of the corporations.
ARTICLE V.
This corporation shall have poW,r
10 sue and be sued; to buy, sell and
mortgage any and all kinds Of prop
erty; 10 contract and be contracted
with: to make any have corporate
seal and the same 10 change and al
Ter al pleasure: TO make donations
such may be TO The evil
dent interest of The corporation, and
to do and perform any
and everything that may be neces-
sary in the promotion of The objects
and'purposes for which it is formed.
ARTICLE VI.
At all meetings Of stockholders
each share Of stock shall be entitled
10 one vote to he cast in the person
Of the holder. or by proxy, and the
majority of votes east shall elect;
public notice Of The meetings OF
shall be given by print
q notice i'll one of the newspapers
published in The city Of Shreveport.
II hy personal notice mailed 10 the
10 his posloflice adj
dress, provided the stockholders
may waive notice or may meet by
consent without notice.
ARTICLE VII.
This charter or act of incorpora
ton may be changed, amended, al
tered or abolished except as 10 in
rrcasing or decreasing its capital
stock or the corporation dissolved
by vote Of tlree-fourths of all the
stock outstanding at special meet
ing called for that purpose after ten
days notice, as above provided.
ARTICLE VIII.
Whenever the corporation is dis
solved by limitation or otherwise, lis
affairs shall be administered and
wound up by two liquidators, TO he
by the stockholders at
called for that purpose in
The manner provided in this act
These liduidators shall continue in
office until the full liquidation Of
The affairs Of the concern. In ease
of death. disability or resignation of
these liquidators or either Of them,
The vacancy may be filled by the
at a meeting regularly
called: or. in The discretion Of the
The affairs shall be
by The remaining liqui-
daloP alone.
ARTICLE *.
No stakeholder in this corporation
shall ever be subjected TO or liable
for any debts, contracts or faults Of
This corporation in any sum in ex-
cess of The unpaid balance. if any.
due on his stock therein; nor shall
any informally i'll organization have
the effect Of rendering this charter
null or of exposing any stakeholder
10 any personal liability
Thus done and passed at my Of
flee in said parish Of Caddo. in The
presence Of Lucy Lacy and +. +.
Bell Jr., competent witnesses. on
this the 9th day Of October 1911.
V. l.. MCCARTHY.
CLIFTON +. DAVIS.
f. WAYLES BROWNE.
Attest:
LUCY LACY.
r. +. BELL JR.
PERCY N. BROWNE,