The Caucasian. (Shreveport, La.) 1900-192?, 1912-08-20
CHARTER
or the Shreveport Salvage Company

do: Be it remembered. that On this
day. before me. J. \. Thigpen, no
tary public III and tOr said Parish
and state, duly commissioned and
sworn, personally came and APP
ptarcd H. l.. HriIptrin, IsiuOrn HOl-
land, \. :. Chruet, Wheeler ShrOp-
shire and j. W. IiarrrI!. all residents
Of Shreveport. CaddO Parish, Louis
lana, who declared IT, me. notary,
that they have and to by these pres
tntS form and constitute Themselves
into a corporation and have adopt
ed as their charter the following,
to w.t.
ARTICLE |.
Tn" name and title of this cor
pOraliOn shall be "Shrevcport Sal
wage Company" with its domiciIc in
the City Of Shreveport, in the Par
ish of CaddO, State of Louisiana, and
under its corporate name it snail
have and enjoy succession for a pc
riOd Of fifty years. unless sooner dis
solved as hereinafter provided. All
legal process shall be- served on the
president, or, in his absence, on tn"
vice president Of the company at the
office Of the corporation.
ARTICLE II.
The purpose for which this cor
pOraliOn is organized and The nature
of It's business, is declared to be the
buying and selling OF all sorts of
Waste material, and also the right
to buy and sell oil we'll supplies of
all kinds, with the further right to
purchase and acquire such real rs-
tate as may be necessary in the con-
duct of the business Of the corpora
ton, with the right to dispose Of
same at pleasure.
ARTICLE III.
The capital stock Of this corpora
ton is fixed at the sum of twenty
five thousand dollars, divided into
two hundred and fifty shares of the
par value Of one hundred 800 dol
lars each. and ii shall commence
business and become a going con
Germ when 5000 Of its capital stock
is subscribed and paid for in cash
or property. at a valuation TO be
fixed by the board of directors, and
when issued shall be fully paid and
non aSScSSablp.
ARTICLE ".
The affairs of this corporation
shall be managed by board Of di-
rectOrs consisting of three stock
holders, to be elected at general
stockholders meeting on the first
Monday in July of each year, who
shall hold their offices for one year.
or until their successors are elected
and installed, and any vacancy Oc-
curing in said board of directors
shall be filled by an election OF the
board of directors Of stakeholder
for the uneXpired term. Until the
election of the first Monday in July
1913, the following shall constitute
the board of directors Of this cor
porali0n: H. l.. HeiIptrin, who shall
be president: IsidOre Holland, who
shall be vice president; Wheeler
SHROPSHIRE. who shall be secretary
and treasurer. The board of directors
shall have the right to make and
adopt all needful regulations or by
laws. and the same to alter or
change at pleasure, and to employ or
discharge all managers, superln
tendents, clerks or other employees
as may be needful in the manage
ment of the affairs of said corpora
ton.
ARTICLE Y.
This charter may be amended, or
this corporation dissolved, by the
vote of its capital stock at meet
ing held for that purpose after ten
days notice addressed to each stock
holder through the United States
mails, except when otherwise spe-
ciaIly provided by the laws of the
State of Louisiana, provided that
stockholders may by unanimous
consent waive notice of any meet
ing. At all stockholders meetings
each share of stock shall be entitled
to one vote to be cast by its owners
in person or by proxy. If this cor
pOration should be dissolved or the
charter expire, it shall be liquidated
by two commissioners appointed by
the stockholders for that purpose.
ARTICLE VI.
This corporation shall have the
power to contract, sue and be sued
in its corporate name; to make and
use a corporate seal; to hold, re
ceive, purchase and convey, to mort
gage, hypOthecate and lease under
its corporate name, both real anC
personal property: and to execute
AL nt fFp,r