The Caucasian. (Shreveport, La.) 1900-192?, 1912-03-24

contract to do so and to buy and sell
or otherwise dispose of building
material or equipment of any and
all kinds.
ARTICLE III.
The capital stock of this corpor-
alton is hereby fixed in the sum of
One Hundred Thousand Dollars. d.
vided into one thousand shares of
the par value of One Hundred Dol
lars each, and it shall commence
business and become a going con.
Germ whenever Thirty Thousand
Dollars of its capital stock is sub
scribed for and paid, which stock
may be paid for in money, labor
or property Of any kind at a valu
alton agreed on by the Board of Di-
reCtOrs.
ARTICLE ".
The affairs of this CORPORATION
shall be managed and controlled bv
Ia board Of directors consisting OF
| min" stockholders, four of whom
shall constitute a quorum for the
transaction of business, and who
shall be elected by the Shareholders
| at an annual meeting held on the
first Monday of March Of each year.
| and who shall hold their offices for
ono year, or until their successors
are elected and installed.
Until the election on the first
Monday in March, 1913, the follow
ing stockholders shall constitute the
board of directors of this cOrpOr-
alton: J. B. Atkins, who shall be
President; J. -. Wilkinson, who shall
be vice president: F. Waylcs
Browne, who shall be secretary and
Treasurer; and S. H. BoIinger, R.
| R. Emery, J. NJ. TrOspcr Jr., L. R.
LaWhOn, l.. f. Thomas and n. C..
/ Blanchard. Any vacancy occurring
iii said board of directors from
Whatever cause shall be filled by
! the remaining directors electing a
stakeholder for the uncxDired term.
| Said board of directors shall have.
! authority to appoint such commit
tees, or name such agents and en-.
LIOyeS as may be necessary in the
prosecution of the business of this
corporation, prescribe their duties
and fix their salaries and may adopt
such rules and bylaws for the con.
duet of the business of this rOrpor-
alton as they may desire and the
same to change or alter at pleas
ure.
ARTICLE V.
This charter may be altered or
amended, or this corporation may
be dissolved at the vote of two
thirds of the stockholders thereof
cast in person or by written proxy
at stockholders meeting called for
that purpose, and when not other
wise provided by the laws of the
State of Louisiana it shall be suf-
ficient notice to all stockholders of
any and all stockholders meetings
to address to him a written COM
munication to his usual post office
address stating the time and objects
Of such meeting but nothing here
II shall prevent said stockholders
by unanimous consent from waiv-
ing notice of such stockholders
meeting. At all such meetings each
share of stock shall be entitled TO
one vote to be cast by its owner in
person, or by written proxy and in
all questions arising before the
stockholders meeting not otherwise
provided by law, or this charter, a
majority of the stock voting there
at shall prevail. Whenever this
corporation is dissolved either by
limitation or as herein provided
its affairs shall be liquidated and
settled by one or more liquidators
to be elected by the stockholders
and who shall perform such duties
and give such security as the stock
holders may prescribe.
ar ARTICLE vi.
No stakeholder of this corpora
ton shall ever be held liable for the
contracts or faults thereof in any
further sum than the unpaid bal
ance due on the stock subscribed
for by 'him, nor shall any mere in
Formally have the effect of rem
dering this charter null, or of expos
ing any stakeholder to any greater
loss than that Of his stock.
In testimony whereof said parties
have hereuntO signed their names
in presence of me notary and the
attesting Witnesses on this the
day of February, 1912.
J. B. ATKINS,
s. H. BOLINGER,
+. WAYLES BROWNE,