The Caucasian. (Shreveport, La.) 1900-192?, 1912-08-11

vallN Of fifty 5000 dollars PEI
share. which shall be pat loF II.
cash or lis equivalent at tn" time "t
ii, I~-.Hl!cr. This corporation >'I'''
he authorized to conncHce BUSINESS
~ soon a> !hrr' Thousand S3.oW'.0'
dollars TT lis capital stock SHAH la\'
n,.rn ,lG ~rIii,rH for and pHIj III cas-
or its equivalent.
ARTICLE ".
The cu"ru.ui' puNrrS VI 'a:S f''
t:n"a,t,... .4i:.!l IT vested III ana eA
rrriStd uy {, il ard 81 1I,r director
,ny,r uf N.. slHlI constitute :;
uuul}lnu -; inc transaction OF pCS
mess. AID i of thr directors SI'd
ue Siuc. il Iners of tn" company. II
board of directors shall be vested
with power and authority to make
all contracts, purchases, leases
sales, etc. in the prosecution OF the
business of the company, and to
adopt a code of bylaws, rules and
regulations for the management OF
the business and affairs OF the COM
pany, and may alter, amend ana
change the same at pleasure. Inc
board of directors shall elect the OF
ficers of this corporation, and ap-
point, hire and discharge all OIL
Gals, agents and employees, fix their
compensation, and generally DO ana
perform all things and acts neces-
sary in the prosecution Of the enter
prises of the company. Vacancies
occurring in the board of directors by
death, resignation or otherwise,
shall be filled for the uneXplred
time by The remaining directors.
The same person may be secretary
and treasurer. The first board oil
directors rf this corporation shall
be composed Of J. ". Danner
J. y. banner, W. + Ratson. John
+. Grur!rr and Joseph Ton>auy. The
u!r!crrs Ct this cor. Grafton shall be
."S ruIIoN's, =. W. banner. PRESIDENT:
J. u. banner, vice president. W. +.
BotSon. secretary and treasurer.
This board of directors and the off
GERS shall remain in office until tn"
first Monday in July, 1913, or until
their successors shall have been
elected and qualified. On the first
Monday in July and annually there
after, an election Of directors
Be held in the office of the company
in Oil City, Louisiana, notice OF
which meeting shall be given in any
enc Of the newspapers published III
the City OF Shreveport for ten 40
days prior to the daip OF the meeting
Should for any cause this meeting
not be called or advertised at the
time mentioned, then it may be call
ed and advertised for later date,
and a meeting held at such later
date shall have the same efficiency
and force as though held on the first
in July. At all stockholders
each share of stock shall
be entitled to one vote either in per
son or by proxy in writing. The term
Of office of no official, agent or en-
ploye shall extend beyond the term
IF office of the board of directors
which elected or appointed him. If
no term be fixed during which an
or employee is to hold office,
hen his tenure of the place shall be
1t the discretion of the board of di,
'ectOrs.
ARTICLE V.
This act of incorporation may be
or the corporation itself
dissolved, by and through the assent !
md action of three-fourths of the
tock present or represented at any
general meeting of the stockholders
for that purpose after 80
lays prior notice of such meeting
hall have been given by publication
n one of the daily newspapers pub
ished in the City Of Shreveport. La,
~ five insertions during said period
II thirty days. Should changes be
in reference to the
apital stock, besides the thirty days
letice as above, ten days written
Iotice by mail or otherwise 10 each
tockholder shall be given. This ten
lays written notice may be given
Turing the time the thirty days pub
ished notice is running.
ARTICLE vi.
Whenever this corporation is dis
Owed. either by limitation of it,
barter, or from any other cause. it,
fairs shall be liqudated by three
chosen by the stock
oIdcrs at a meeting Of the stock,
olders convened for that purpose
fter thirty days notice shall have
cen given by publication in a news
aper as hereiRbefore set forth for
leetings called to amend this char
ar. or to dissolve the corporation.
he commissioners thus chosen
,o II oFF;,, ,,.@;1 tho &c |