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


and the number of shares, held by
each OF the subscribers hereto are
given in the handwriting OF eacl
Ia. the end OF this act and the same
shall serve a. the original list OF
subscriptions 10 the capital stock OF
this corporation. This corporation
shall be authorized TO open its doors
for business whenever One Hundred
Thousand (SiOOOOO Dollars Of its
capital stock shall have been sub
scribed and paid for in lawful noo-
ey of the United States.
ARTICLE ".
All OF Che corporate po~9s o.
this corporation shall be vested IN
a board OF directors. all o! whom
shall be citizens OF the United States
and the majority @ereof citizens OF
the State Of Louisiana. Fhe said
board shan be composed Of not less
than five noP IDre Dan fifteen
stockholders 10 be elected as herein
|aftey crowded FOR. Tee number ne
cessary 90 form . quorum is hereb,
Iixee at one-third % the entire
board. TR firsb board IL directors
shaa consist of the following per.
sons: Henry Florshein, We 7. CraW-
ford. w. S. Penick. J. G Simon, VIM.
Winter. James S. Noel. q. H. Jordan,
w. F. Dillo& S. T. Hartman, Wrs.
Walter b Jacobs, Andrew Queries,
VIM. j. Bamsdortfer. all OF wl9m
shalt hold office as such unt1 beir
|successors AZ elected and quaNi
led.
The neIabess q % subsequent
boards Of directors Of this Corpora
ton shall be elected by the stock
holders Annually 81 the second
tuesday d the montn Of January
each year. All such elections shall
De by ballot and conducted at the
principal office of this corporation,
under the supervision OF three COM
missioners to be appointer by tho
board of directors for that purpose
Notice of such electioo shall be
given by publication in a newspaper
regularly issued in the PariSh OF
Caddo, for not less than ten days
prior to such election. At all such
elections each Stockholder shall be
entitled to one vote for each share
If stock standing in his name on the
books of the corporation, to be cas-.
in person or by written proxy. A
majority of the shares so voted shall
elect.
Any vacancy on the board of di-
rectors occurring by death, resigna-
lion or Otherwise, shall be filled by
election for the remainder of the
term SO vacated, by the remaining
directors. Any failure to elect direc-
tors annually shall not dissolve the
corporation, but the directors then
in office shall hold over and con
iinua to serve as directors until
their successors shall have been du-
ly elected and qualified.
The board of directors name0
herein shall elect a president, one
or more vice presidents a cashier
and such other officers and employ
es as they may deem Necessary.
Each succeeding board of direct
ors shall do the same Immediately
after having qualified as such. The
board of directors also is empower
ed to appoint from its members such
committees as it may deem proper,
and vest same with any OF its pow
ers to be exercised when the boaro
is not in session and subject to any
requirements which the board ma,
prescribe. All of the officers, EN-
ployes and committees shall hold
office at the pleasure of the board OF
directors.
The board of directors may make
and establish, as Well as alter and
amend, any and all bylaws, rules
and regulations necessary to tn,
proper conduct of the business af
fairs of this corporation.
ARTICLE V.
This act of incorporation may bs
altered, amended, or changed by {
vote of two-thirds of the capital
stock of the corporation at stock
holders meeting held for that pur
pose after thirty days previous NJ
tice by publication in daily news
paper published in the City O
Shreveport, and by written NOTES
lduly addressed and mailed or deliv
Tered to every stakeholder, OF RECORD
at his last known address.
This corporation may be dissolv
led at vote of three-fourths of tht
stock present or represented at ;
general meeting of the stakeholder
convened for that purpose by orde
fof I, 90 a.