The Caucasian. (Shreveport, La.) 1900-192?, 1912-01-28
e held on the next legal day there


after. Notice of such election shall
be given by at least ten (l0) days
continuous publication immediately
preceding each election in one OF
the daily newspapers of shreveport,
Louisiana: and the board Of dlr"r-
tors shall appoint ON" or NOR"
>t0ckh0ldrrS tn prrsid" at such "I"r-
tiun as commissioners. In tn" event
Of the failure Of any commissioner
or commissioners to attend. the
president shall, by appointment, Ill
the vacancy. Any failure from any
cause Whatever to elect directors
the day named for that purpos"
shall not dissolve tn" corporation;
but the directors then in office. as
we'll as the officers of said company,
shall hold over until their success
0rS are chosen. In such event the
president shall cause another cleo
ton to be held within thirty days,
and shall give notice as llcrpinahoNc
provided. At every election and
meeting each stOrkhOliCr shall b"
entitled to vote for each share of
stock registered in his name. and
may vote by proxy. The election of
directors shall he by ballot. and the
majority in amount Of votes cast.
each share Of stock voted upon to
he counted for ON" vote, shall elect
the person or persons for whom
they have been cast. After election
the board Of directors shall elect
from their own number tn" officers
of said company.
ARTICLE Y.
The board of directors shall have
fun power to III vacancies in their
numDcr. caused by death. rrsigna-
ton or otherwise, from among the
stockholders of The corporation.
The said board shall have full con-
troI Of the property Of this company
and shall 50 conduct, manage and
use the same as in their discretion
they deem fit. and that is consistent
with the objects of this company or
the welfare Of the same. The said
board is further authorized to frame
and adopt such bylaws. rules and
regulations as the affairs and bust
ness Of the corporation may require,
land as il may deem necessary for
the conducting and management
thereof: provided, the same shall
not conflict With this charter or
with the laws 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 for the conducting of the
business of the corporation. fix their
compensation, term of service, with
the right to dismiss them at said
boards pleasure: and said board
shall have the right to fix and de-
termine the salaries of the several
officers herein provided for.
ARTICLE VI.
This charter may be changed,
modified or amended, the capital
stock increased or decreased, or this
corporation may be dissolved at a
general meeting of the stockholders
convened for the purpose, with the
assent of three-fourths of the en-
tire capital stock, whether present
or represented at such meeting.
Ten days prior notice of such meet
ing shall be given in any newspaper
published in the city of Shreveport.
In case of dissolution or termination
of this corporation, either by limita-
ton of its charter or from any
cause, the liquidation of its affairs
shall be conducted by three COM
missioners selected from the stock
holders, with like assent, and at a
meeting called for that purpose, as
above set forth in this article. Said
commissioners shall remain in office
until the affairs of said corporation
shall have been fully liquidated. In
case of the death of one or more of
said commissioners the survivors or
survivor shall continue to act.
ARTICLE VII.
No stakeholder of this corpor1tio
shall ever be held liable or respon-
slbh: for the contracts or faults
thereof in any further sum than the
unpaid balance due the company on
the shares of stock subscribed for
or owned by him; nor shall any in
Formally in organization have the
effect of rendering this charter null,
or OF exposing a stakeholder to any
liability beyond the unpaid balance,
if any, Of his stocks.
This done and passed at my no
tarial office on December so. 1912,
in the presence of Joseph GraebCr