The Caucasian. (Shreveport, La.) 1900-192?, 1911-08-15
and thew shall serve

members OF this. QOafu SAdlA SonSti
tute quorum. The majority OF the
stock present shall elect the direc-
tors, and in all elections or proceed
ings of stockholders each share OF
stock present or represented by
written proxy shall be entitled to
one vote. Notice of all elections or
meetings of stockholders shall be
advertised ten days in Shreveport
daily paper. Directors to be chosen
at the office of the company.
ARTICLE vi.
Failure to hold an election for the
directors on the day named shall not
dissolve the corporation, but the in
Cumbent directors shall hold over
until their successors are duly quail
flied and elected Any vacancy in the
board shall be filled by the remain
ing directors. The board of direc-
tors shall have the power to con-
tract debts, borrow money, buy and
lease property, and do all things
necessary to carry out the objects
and purposes of the corporation.
ARTICLE VII.
No sale of stock shall be valid or
binding on the corporation until the
same has been transferred on the
books of the company; no transfer
or sale of stock shall be made by any
stakeholder of this corporation
without his giving this company ten
days notice of his intention to sell,
and giving the said corporation the
preference of buying same. No
stakeholder shall be liable ON any
obligation of this corporation in any
further sum than the amount of I'M
paid balance on his stock. On failure
of stakeholder to pay for stock
subscribed, it shall be optional with
the board of directors to declare the
delinquent shares forfeited to the
corporation or to sue the subscriber
for the price due them on all stock
to be sold for not less than par.
ARTICLE VIII.
This corporation is authorized to
increase its capital stock by two
thirds (2-3) vote of all the stock
holders at meeting held according
to law; said original stockholders
shall have right to participate in
said increased issue of stock in pro-
portion to holdings of original stock |
holders, and in default thereof the
stockholders shall have the right to |
purchase said stock before it is of
fered to third persons.
ARTICLE TX.
This charter may be modified, |
changed or dissolved or amended in
any way Except to increase or di-
minish its capital stock with the as
sent of three-fourths (3-4) of the
stock represented at general meet
ing of the stockholders convened for
this purpose after thirty days pre-
vious notice published in Shreve-
port paper. Whenever this corpora
ton is dissolved by limitation OF
otherwise it's affairs shall be liqui-
dated by three commissioners elect
I'd at stockholders meeting, who
shall have full power to wind up its
affairs, settle its indebtedness, and
llquldate the proceeds among the
Done and passed at my office in
iaddo Parish, Louisiana, in the pres-i
ence of H. L. Andrews and s. C. Full
llove, competent witnesses, on this
18th day of August A. D. 1911.
w. K HENDERSON. JR.
R. L. STRINGFELLOW.
w. K. HENDERSON, SR.
per w. K. Henderson. Jr.
SAM WIENER, JR.
K. w. & C. w. BROWN.
T. S. HUTCHINSON.
C. M. HUTCHINSON. II
by T. S. Hutchinson.
]. M. ROBINSON.
G. w. ROBINSON, IL
by J. M. Robinson.
w. V. ROBSON.
Attest:
H. L. ANDREWS.
S. C. FULLILOVE.
J. A. THIGpEN,
Notary Public.
|, E. Barnett, acting district attor- z
ey in and for the Parish of Caddo
tate OF Louisiana, having examined
ne above and foregoing charter. and
ndlng nothing contrary to law.
ereby approve the same this 18th
ay OF August A. d. 1911.
Z. BARNETT,
citing District Attorney for First
District of Louisiana.
Endorsed: Filed and recorded Au-
ust 10, 1911. ID. P. EUBANK
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