The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-26
business of owning and operating
automobiles for hire.
AUTICT f. TIT

IautOmODlleS LOT nlFe,
ARTICLE III
The authorized capital stock OF
this corporation is hereby fixed IN
the sum of ten thousand $4,000,
dollars each. The corporation is au-
shares on one hundred (Si0000),
dollars each. The corporation is au~
| lhorized to commence business and
shall be n going concern whenever
forty (4Oj shares Of its capital
stock is subscribed and paid for,
The capital stock of this corpora
! ton shall be disposed of for not less
han It's par value, and all stock is-
sued by this corporation shall be
full paid and worcestershire, prOvi-
dcd, however, that the corporation
may issue stock in payment Of
property. to the extent of the cash
value thereof in the opinion OF The
board of directors of the company.
ARTICLE ".
The corporate powers of this cor
IpOratlon shall be vested in board
Of directors, consisting of not less
] than three or more than five stock
lholders, who shall be elected annu-
ally on the first Thursday in Janu-
larry. The first board of directors
lis declared TO be r. E. Allison, J. L.
j Allison, w. T. Moore and L. w. Pal
lis, who shall serve until the first
Thursday in January 1912, or until
their successors are elected. The OIL
Ulcers of this company shall be a
president, vice president, secretary
and treasurer, and the first of said
officers is declared to be r. f. Al
lison, president; J. T. Allison, vice
president and treasurer: w. i.
Moore, secretary.
The said officers shall be elected
annually on the first Thursday in
January. A majority of the stock
shall elect the directors, and i'll all
ELECTIONS or proceedings Of stock
E.holders each share Of stock pres
ient or represented by written
proxy shall be entitled to one vote.
Notice of all elections or meetings
Of stockholders shall be advertised
in a daily newspaper iii the city OF
Shreveport; provided, however, that
such notice may be waived by IN
animous consent Of the stockhoid-
ers.
ARTICLE V.
No stakeholder shall be liable on
account of any obligation to this
Incorporation i'll any other sum than
the amount Of the unpaid balance
! ldue by him on the stock subscribed
, for. No irregularity or any inform
!. alily in organization shall have The
: effect of rendering this charter null
j Tor of exposing any stakeholder to
!, any liability beyond such unpaid
. balance.
ARTICLE VI.
This charter may be amended
Except as to increasing or decreas-
q ing its capital stock by n two-thirds
O vote Of stock, represented ut a
r meeting of the stockholders conven
@ ed for that purpose,( after ten days
: previous notice by publication in
o any one OF the newspapers of the
d city of Shreveport, La.
a Whenever this corporation is dis
e solved by limitation or otherwise,
9 its affairs shall be liquidated by
three commissioners elected at a
stockholders meeting, who shall
have fun power to wind up its af-
@ fairs and settle its Indebtedness.
s. In testimony of all of which the
/ said above named parties have
r. hereunto affixed their signatures
e in the presence of c.. Keller and Isl
is dore Holland, competent witnesses
" on this the 18th day of October,
e 1914, lSigned1.
Of +. w. PALS,
- w. T. MOORE,
II. T.. ALLISON.
e. Attest: J.. T. ALLISON.
G.. KILLER,
ISTDORE HOLLAND.
j. A. THIGPEN.
Notary Public
no State of Louisiana, Parish Of Cad
do: | approve The above and fore
going charter of The T. w Pals
u Automobile & Machinery Company
on This The 2Sth day of October
y, 1911. JIM. FOSTER,
:, District Attorney, First Judi
= cial District Of Louisiana.
w Endorsed: Filed and recordeC
y October %, 1911. w. M. LEVY,
10 Deputy Clerk and ex-OfTici
no Deputy Recorder.