The Caucasian. (Shreveport, La.) 1900-192?, 1911-02-26

wood, and the purchase and sale of TIM
Der lands
ARTICLE ".
The capital stock of this corporatiof,
is hereby fixed at the sum of twentv-fiy
Thousand dollars, to be divided into two
hundfed and fifty shares of the par
value OF one hundred each, the corpora
ton to begin business when three thous-
and dollars of the capital stock is sub
scribed and paid in. Said stock to be
paid for in cash or in property of its
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-
AIRY, beginning with the year 1912. The
first board of directors and officers shall
be as follows: II. P. Dance, president;
j. NJ Jones, vice president; c. B. Jones,
secretary-treasurer, and Mrs. Louise A.
Dance, he president, vice president
and secretary treasurer shall constitute
the officers of the corporation, and their
duties shall be the same as usually de-
volve on such officers. The directors
shall be elected by the stockholders,
each share ofsstock to be entitled to. enc
vote, to be cast by its owner or proxy,
and the majority OF votes shall elect.
The beard OF directors shall make all
rules and regulations for the manage
ment of the business of the corporation
as il may deem necessary or expedient
ARTICLE VI.
The charter may be modified, changed
or amended, or this corporation dis
solved with the consent Of three fourths
OF the amount of the capital stock. rep
resented at meeting of the stockllold-
ers convened for that purpose There
shall be ten days notice OF all meetings
of stockholders published in one of the
daily papers of the City of Shreveport,
OF notice OF such meeting mailed to
each member by the secretary ten days
before the date of the meeting, provided
such notice may be waived by written
consent of all stockholders. Whenever
this corporation is dissolved by linita-
ton or otherwise, its affairs shall be
Tquidated by two commissioners elected
~ stockholders, who shall have full
power to wind up its affairs, settle is
liabilities and distribute the proceeds
among the creditors and stockholders.
ARTICLE VII.
No stockholder shall ever be liable
For the contracts or faults of this cor
Doration in any further sum than the
unDaid balance due to the company on
sAares of stock subscribed for, nor shall
s4Is possible iIfegality or infornality in
organization have the effect Of render
inc this charter null or exposing a
stockholder to any liability beyond the
amount of his stock due by him as
aforesaid. All sales or transfers of stock
to be valid must first be made on the
hooks IF this company, and no sale OF
stock TO an outsider shall be valid unless
the stock is first offered the other mem
bers of the corporation at its market
value
Done and passed at my office in the
Parish Of Caddo, State Of Louisiana, III
the presence Of w. P Hall and R. NJ.
Norton, competent witnesses, on this
the 2srd day Of February 1911.
II. P. DANCE.
MRS. LOUISE Az DANCE,
authorized BY H. P. Dance
j. M. JONES.
C. b. JONES. JR.,
Witnesses BY ]. NJ. Jones.
RI w NORTON.
w. p. HALL
GEO. WHITFIELD JACK,
Notary Public.
State Of Louisiana. Parish Of Caddo:
Having examined the foregoing act Of
incorporation and finding nothing there
III contrary TO law, hereby approve the
same this a4tl day of February 1911
NJ. FOSTER,
District Attorney First Judicial District
Of Louisiana
Endorsed. Filed and recorded Febru-
ary II 1911. u = iofA4sl1'
Deputy Clerk and ex-0flioio Deputy rs
cofder
State Of Louisiana, Parish OF laddos-
hereby certify that the above ana ioIe-
going il a true and correct copy Of the
original act as the same now appears q
file and of record in my office. tlivef1
under my hand and seal OF ofilee tills
18th day Of February 1917
ID. p. EUBANK,
Deputy Clerk and ex-ofieio Deputy Re
corder.
SUCCESSION NOTICE
No 4Aoza-First District Court, Parish