The Caucasian. (Shreveport, La.) 1900-192?, 1912-04-21

two hundred and fifty shares of One.
Hundred $4,000 Dollars each; said
capital stock to be paid for in cash
or its equivalent, but shall not be
issued and sold for less than its par
value; this corporation is authorize
ed to commence business whenever
Ten Thousand (SI0,000.0O} Dollars Of
its capital stock shall be subscribed
for and paid for in full.
ARTICLE ".
The corporate powers of this cor
pOratiOn shall be vested in a board
of directors, consisting Of four "a
stockholders, who shall be annually
elected On the first Tuesday in April
Of each year. The first board of d.
rectors is hereby declared to be: D.
P. Hollis, L. F. C. Pearce, E. A. Rabbi,
and Mrs. Lucy I. Rabb, who shall
serve to the first Tuesday in April,
1913, or until their successors are
elected or qualified. The officers of
this corporation @shall be, a presi-
dent, a vice president, and a Sec
rotary treasurer, and the first Off
GERS of said company are hereby
declared to be D. P. Hollis, presi-
dent; L. F. C. Pearce. vice president;
and E. A. Rabb secretary treasurer.
A majority Of the stock shall elect
the directors and in all elections or
proceedings of stockholders each
hare of stock present or represent
d by proxy shall be entitled to one
vote. Notice of all elections or meet
ings of stockholders shall be given
by written notice to each stock
holder ten days before such election
or meeting of stockholders; the di-
rectors of said corporation shall be
chosen and elected at the office of
the company.
ARTICLE V.
No stakeholder shall be liable on
account of any obligation of this
corporation in any further sum than
the amount of the unpaid balance
due by him on the stock subscrib-
ed for and no irregularity nor any
informally in organization of this
corporation shall have the effect OF
rendering this charter null or of ex-
posing any stakeholder to any liza
bility beyond such unpaid balance.
ARTICLE vi.
This charter may be amended lex
cept as to the increasing or decreas-
in, of its capital stock by two-fhirds
vote OF the stock represented at a
meeting of the stockholders, conven-
ed for such purpose after ten days
written notice, as above provided.
Whenever this corporation is dis
solved by limitation or otherwise, its
affairs shall be liquidated by two
commissioners elected at a stock
holders meeting, who shall have full
power to wind up it's affairs and set
tie its Indebtedness.
In testimony Of which the said
above parties have affixed their sig
natures, together with undersigned
competent witnesses, on this the q
day of March, 1912.
D. P. HOLLIS,
L. F. C. PEARCE,
By D. P. Hollis.
E. A. RABB, ~
By D. P. Hollis.
MRS. LUCIE I. RABB,
By d. P. Hollis.
Attest:
E. B. HERNDON,
Is. o. WILLIAMS,
E. B. HEHNDON JR.
Notary Public in and for Caddo Par
ish, Louisiana.
Endorsed: Filed and recorded
March 81, 1912. S. O. WILLIAMS,
Deputy Clerk and ex-Officio Deputy
Recorder.
State of Louisiana, Parish of Cad
do: l hereby certify that the above
and foregoing is true and correct
copy of the original act as the same
now appear On file and of record in
my office:
Fiven under my hand and seal of
Ioffice, this 9th day of March, 1912.
S. o. WILLIAMS.
Deputy Clerk and ex-Officio Deputy
Recorder. March %,