The Caucasian. (Shreveport, La.) 1900-192?, 1912-12-05

day, when the election shall DO held
Oh the nsxt lsgal day thereafter
Notice Of such election shall be
given by at least ten (1O) days con-
tinuous publication Immediately
preceding each election in one Of
the daily newspapers Of Shreve-
port, and the board of directors
shall appoint one or more stock
holders to preside at such election
as commissioners. IN the event of
the failure of any commissioner or
commissioners to attend, the presi-
dent shall by appointment fill the
vacancy. Any failure from any
cause whatever to elect directors
on the day named for that purpose
shall not dissolve the corporation,
but the directors then in office, as
we'll as the officers Of said company,
shall hold over until their success
ors are chosen, In such event the
president shall cause another cleo
ten TO. be held within thirty days,
and shall. give notice thereof as
hereinbefere provided. At every
election and meeting each stock
holder shall be entitled to one vote
for each share of stock registered
in his name, and may vote by
proxy. Tho election. Of directors
shall be by ballot, and the majority
in amount Of votes cast, each share
of stock voted upon to be counted
for enc vete, shall elect the person
or persons for when they have
been cast, After each election the
board Of directors shall elect from
their own number the officers of
said company.
ARTICLE Y.
The board Of directors shall have
full power to fill vacancies in their
number caused by: death, resigna-!
ton or otherwise, from among the
stockholders Of the corporation.
The said beard shall have full COR
troll Of the property of this CON-
pany, and shall Sc conduct, manage
and use the same as in their discre-
ton they deem fit, and that is con-
sistent with the objects of this
or the welfare of the
same. The said board is further au-I
thorized to frame and adopt such
bylaws, rules and regulations as
the affairs and business of the cor
poratien may require, and as it may
deem necessary for the conducting
and management thereof; provided
the same shall not conflict with this,
charter or with the lawas OF the;
State or of the United States. The
said board shall elect or appoint
secretary and such other officers:
agents, employees, servants and
clerks as it may deem necessary fer
The conducting of, the business Of
the corporation, fix their cempen-
sation, term of service, with right!
to dismiss them at said boards
pleasure; and said beard shall have
he right to fix and aetermins the
salaries of the several safeers.
herein previaed for.
ARTICLE VI.
This charter may be changed,
modified or amended, the capital
stock increased or decreased, or,
this corporation may be dissolved
al a general meeting of the stock
holders convened fer the purpose
with the assent Of thGee-fourths OF
the entire capital stock, whether
present or represented at such
meeting. Ten days prior notice of
such meeting shall be given in any
daily newspaper published in the
city. Of Shreveport. In case of dis
solution Or termination Of this cor
eoration either by limitation of its
charter from any cause, the liqui-
dation of it's affairs shall be con-
Quoted by three commissioners sell
ected from the stockholders, with
like assent, and at meeting allied
for that purpose, as above set forth
in this article. Said commissioners
shall remain in Office until the af-
fairs Of said corporation shall have
been fully liquidated. In ease OF the
death Of one or more of said COM
nissieners the survivors or surviN-
,r shall continue to act.
ARTICLE VII.
No stakeholder of this corpora
lion shall ever be held liable or
responsible fer the contracts or
faults thereof in any further sum
than the unpaid BALANCE due the
company Oh the shares Of stock
subscribed for or owned by him
nor shall any informally in organ
izatioR have the effect of rendering
this charter null or Of exposing. a
stakeholder to any liability beyond
the unpaid balance, if any, OF, his
St0ck