The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-02

Ireal estate or other property or
right of way as may be necessary to
leffectually carry out its purposes
And, further, to engage in the bust
ness or public service of supplying
natural gas to consumers in any
towns, villages or cities that the
board Of directors may desire, or to
CONSUMERS i'll the country: and to
that end to acquire such franchises
and rights of way and other prop
erty as may be proper for such pur-
poses; and to build pipe lines and
maintain necessary distributing sta
tons, lines and machinery incden-
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 no 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 ".
The affairs of this corporation
lshall be managed and directed by a
board of directors consisting of five
stockholders, who shall be elected
annually at 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
iicers and shall hold their Office I'M
til their successors are duly elected
and installed. Until the election on
the first Monday in February 1913
the following shall compose the
board of directors Of this corpora
ticn, to-wit: II. l.. Heilperin. whoI
shall be president; S. l.. Herold, who
shall be vice president; w. b. Nc
CorInick, who shall be treasurer,
and Wheeler Shropshire and J. II.
Thatcher. Any vacancy in saidI
board Of directors shall be filled by
the remaining directors eleeting a |
stakeholder for the unexpired term. |
ARTICLE V.
Whenever this corporation is dis |
solved, by limitation or otherwise,
rs affairs shall be liquidated by twoj
persons selected for that purpose at
a stockholders meeting duly held t
and said liquidators shall perform
sue hservices and give such security |
as said stockholders meeting may
ARTICLE VI.
This act of incorporation may he
and the capital stock in
creased or diminished, or this COR
poration may be dissolved by a vote
of three-fourths Of its stockholders
III amount at a stockholders meet
ing called for that purpose i'll ac-
cordance with the laws of the State
Ct Louisiana, and at all stoekhold-
ers 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;.. toll
them to their usual postofflee al
dress, but nothing herein contained
shall prevent said stockholders from
waving notice of such meeting and
ronsenting to the holding thereof at
an earlier day.
ARTICLE VII.
No stakeholder of this corporation
shall ever be held liable or RESPONSE
Die for the contracts or faults there
Of in any further sum than the I'M
paid balance due on his stock, nor L
shall any mere informally have thel
fleet of rendering this charter null Il
If of exposing a stakeholder to any II
ess beyond The amount of his stock.
In testimony whereof said parties
lereunti signed their names in pres
enee of me, notary, and the under Il
signed attesting witnesses on the II
late first in the beginning written as
he date hereof.
w. B. MCCORMICK. l.
]. H. THATCHER,
per w. B. McCirmeck
II. L. HEILPERIN. Ii
WHEELER SHROPSHIRE.
J. A. THIGPEN. /,
& uEpOI II Z