The Caucasian. (Shreveport, La.) 1900-192?, 1912-04-23

sRundred $4,000 Dollars each: said
capital stock to be paid for in cash
or les equivalent, but shall not be
issued and sold for less than its Oar
value; this corporation is authorize
ted 70 commence business Whenever
!TeN Thousand lSI0,OD0.OOr Dollars Of
its capital stock shall be Subscribed
iOr alsd paid for in full.
ARTICLE ~.
/ The rOrVOrat. powers of this cor
Is0ration shal! be vested in board
log directors, consisting Of four 4
jSe1ckhOAdefS, who shall be annually
Iklected ON the first Tuesday in April
IOS each year. The first board of di.
ftecsors II hereby declared to be: ID
y. Hollis. /. I. &. Pcarcc, E. A. rabbi,
inod Mira Lucy l. Rabb, who shall
serve {" the first Tuesday in April,
B1As Or until their successors are
|esscsed Or qualified. The officers of
1hls corporation shall be, a presi-
!dGs8s vice president, and Sec
IfetaIy treasurer. and the first Off
ktis u said company are hereby
Declared 10 be d. p. Hollis, prpsi-
Dent: L. +. C.. pearce, vice president;
sa9 l.. A. Rabb secretary treasurer.
IA majority of the stock shall elect
the directors and in all elections or
Of stockholders each
hagt Of stock present or represent
j By proxy shall be entitled to one
vote. Notice Of all elections or meet
'Ngs OF stockholders shall be given
|bS wvieten notice to each stock
holder ten days before such election
Oe meeting of stockholders; the di-
|rectofs OF said corporation shall be
chosen and elected at the office of
|the company.
ARTICLE V.
No stakeholder shall be liable on
|aceCunt of any obligation of this
cooperation in any further sum than
the amount of the unpaid balance
due by him on the stock subscrib-
ed for and no irregularity nor any
lNfOrmality in organization of this
corporation shall have the effect OF
rendering this charter null or of ex-
posing any stakeholder to any liza
bi!ity beyond such unpaid balance.
ARTICLE VI.
This charter may be amended lex
cept as 10 the increasing or dccreas-
liz OF its capital stock by two-thirds
vote of the stock represented al
meeting of the stockholders, cOnven-
ed fos such purpose after ten days
written notice, as above provided.
Whenever this corporation is dis
solved by limitation or otherwise, its
affairs shall be liquidated by two
commissioners elected at a stock
holders meeting, who shall have full
power to wind up it's affairs and set
tie its Indebtedness. --.+
I'm testimony of which the said
above parties have affixed their sig
natures, together with undersigned
competent witnesses, on this the q
day of March, 1912.
D. P. HOLLIS,
L. F. C.. PEARCE,
By d. P. Hollis.
E. A. RABB,
By d. p. Hollis.
MpS TITCJE RARR
By d. p. Hollis.
Attest:
E. B. HERNDON,
Is. @. WILLIAMS,
E. B. HERNDON JR.
Notary Public in and for Caddo Par
ish, Louisiana.
Endorsed: Filed and recorded
March 81, 1912. S. o. WILLIAMS,
Deputy Clerk and ex-Officio Deputy
Recorder.
State Of Louisiana, Parish of Cad
DO: l hereby certify that the above
and foregoing is a true and correct
Icopy OF the original act as the same
naw appear on file and of record in
my office:
Fiven under my hand and seal of
losfice, this 9th day of March, 1912.
S. o. WILLIAMS.
Deputy Clerk and ex-OfficiO Deputy