The Caucasian. (Shreveport, La.) 1900-192?, 1912-07-11

have been subscribed lof anu PAU
in cash or its equivalent.
ARTICLE ".
The corporate powers OF TINS cor
pOratiOn shall be vested III and eA-
ercised by a board of ten directors,
six of whom shall constitute a quo
rum for the transaction of business.
and their acts shall be valid and cor
pOrate acts, and all of the directors
shall be stockholders Of the com
pany. The 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 code Of bylaws, rules
and regulations for the management
of the business and affairs of the
company, and may alter, amend and
change the same at pleasure. The
board of directors shall elect the OF
ficers of this corporation, and ap-
point, hire and discharge all Off
cials. agents and employees, fix Their
compensation, and generally 10 and
perform all things and acts neces
sary in the prosecution Of the en-
terprises 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 OF
directors of this corporation shall
be composed of J. B. Aswe!i. S. \.
Guy, Charles Hardesty, W. II. Ncr-
nar, N. G. Blanchard, J. z. Ferguson.
w. X. Henderson. L. M. Howard, C.
w. Page and C.. L. Campbell. The
officers Of this corporation shall be
as follows: J. E. AsWelI, president;
w. Il. Henderson. first wee presl
ient: c. L. Campbell, second Vice
president; L. M. Howard. treasurer:
and C. ". Page, secretary. This
board of directors and tho Officers
shall remain in office until che fist
Monday in June 1913, or untll them!
Successors shall have been elected
md qualified. On the first Monday
in June and annually thereafter. al
lection OF directors shall be held
It the office of the company IL
shreveport, Louisiana, notice o.
which meeting shall be given III am
nne of the newspapers published IL
nc City of Shreveport for ten 60
iays prior so the date OF the meet
ing. Should for any cause this
meeting not be called or advertised
| It the time mentioned, then it ma<
| q called and advertised for a-later
date, and a meeting held at such
later date shall have the same ef
r;cacy and force as though held or
The first Monday in June. At ali
| stockholders meetings each share OF
| took shall be entitled to one vote
| :ther in person or by proxy in writ
| ing The term of office of no Off
| cial, agent or employee shall extend
beyond the term of office of the
| board of directors which elected,
rose or appointed him. If no term
e fixed during which an official or
mploye is to hold office, then his
.cnure of the place shall be at the
discretion of the board Of directors
| ARTICLE V.
This act of incorporation may be
amended, or the corporation itself
dissolved, by and through the as
sent and action of three-fourths OF
the stock present or represented al
any general meeting Of the stock
| holders convened for that purpose
after thirty days prior notice o
such meeting shall have been giveI
by publication in one of the dali,
newspapers published in the city o
Shreveport, Louisiana, by five in
, sertions during said period of thlrt,
days. Should changes be contem
-. plated in reference to the capita
took. besides the thirty days motto
above, ten days written notice b.
nail or otherwise to each stock
! holder shall be given. This ten day
written notice may be given durln
6 I he time the thirty days publishe
I office is running.
ARTICLE VII.
= Whenever this corporation Is Oh:
: solved, either by limitation OF II
e charter, or from any other cause, il
: affairs shall be liquidated by thrt
d commissioners chosen by the stool
; holders at a meeting of the stool
# ,,G lders convened for that purpo:
IS ifter- thirty days prior notice sha
], nave been given by publication IN
II newspaper as hereinbefore set for
IS for meetings called to amend tn
l. charter, or to dissolve the corpOr
r lion. The commissioners thus CHI
J. zen shall remain in office until Il
Ie affairs of the corporation shall ha'
" cen liquidated. In case of death