The Caucasian. (Shreveport, La.) 1900-192?, 1912-03-26

RCiNe Hullufeu IuOuSdnO N9OUU,UUU)
dollars, divided into and represented
by Five Thousand $4,000 shares of
stock of the par value of One Hun
dred (Si00) Dollars each.
| The subscribed capital stock of
this corporation shall be paid for. on
icall of the directors, at the price of
One Hundred Dollars per share in
cash. The capital stock of this cor
pOratiOn and the number of shares
thereof, may be increased or de-
Icreased in accordance with the pro-
visions of the laws of The State OF
Louisiana. Shares of stock in this
corporation shall be represented by
certificates Of STOCK signed by the
president and cashier. and sealed
with the seal of the corporation. In
1.-The absence of the president they
shall be signed by tire vice president
who is acting as president and in
1.-THE absence of the cashier they shall
be signed by the assistant cashier
or other persons acting as such.
Transfers of stock shall be made
Ionly on the books of the corporation,
by stockholders in person or by
written proxy, under such rules and
Regulations as it's board 81 directors
lmay prescribe.
i No stakeholder of this corporation
lever shall be held liable or respon-
tsible for any of it's debts, contracts
Tor obligation, nor shall any inform
atty in its organization have the
leffect of exposing any stakeholder
tof this corporation, to any liability
beyond the unpaid balance which
lmay be due on his stock subscrip-
Ition. The Names, places of residence
land the number of shares, held by
leach of the subscribers hereto are
Igiyen in the handwriting of each
, lat the end of this act and the same
shall serve as the original list OF
, subscriptions to the capital stock of
/, this corporation. This corporation
tshall be authorized to open its doors
,, lfor business whenever One Hundred
Thounsand (siO0,0OO) Dollars of its
Icapital stock shall have been sub
described and paid for in lawful mon
ley of the United States.
Il ARTICLE ~.
al All of the corporate powers OF
e lthis corporation shall be vested in
board of directors, all OF whom
: Ishall be citizens of the United States
: land the majority thereof citizens OF
1.-The State OF Louisiana. The said
4 board shall be composed of not less
Q THAN five nor more than fifteen
h lstockholders to be elected as herein
latter provided for. The number ne,
alcessary to form a quorum is hereby
,,lfixed at third of the entire
. board. The first board of directors
tshall consist of the following per.
! lsons: Henry Florsheim, w. T. Craw-
: ford, w. s. penick, J. G. Simon, VIM
q Winter, James S. Noel, J. H. Jordan
stW. F. Dillon, S. J. Hartman, Mrs
h walter B. Jacobs, Andrew Queries
rIWm. J. Bayersdorffer, all of whom
ishall hold office as such until thelI
successors are elected and qualifi
led.
The members of all subsequent
!. iboards of directors of this corpora
ltion shall be elected by the stock
!, tholders annually on the secont
: Thursday of the month of January
. leach year. All such elections shall
!, Ibe by ballot and conducted at the
= principal office of this corporation
:, under the supervision of three com
\ missioners TO be appointer by thu
Hoard of directors for that purpose
Il Notice of such election shall bt
lgiven by publication in newspaper
Regularly issued in the Parish o
. Caddo. for not less than ten day,
to such election. At all sucl
ELECTIONS each stakeholder shall b,
tentitled TO one vote for each share
!, tof stock standing in his name on tn,
:. books of the corporation, to be cas-
lin person or by written proxy.
= majority of the shares so voted shall
$ Ielect.
Any vacancy on the board of di
Irectors occurring by death, resigna
ltion or otherwise, shall be filled b,
|, ELECTION for the remainder of tn,
: term so vacated, by the remainin,
!. directors. Any failure to elect direc
: tors annually shall not dissolve tn,
: corporation, but the directors thei
!. lin office shall hold over and con
,sl tinue to serve as directors unit
their successors shall have been du
tly elected and qualified.
al The board of directors namet
al herein shall elect president, on
81 Tor more vice presidents "a cashie