The Caucasian. (Shreveport, La.) 1900-192?, 1912-12-03

L utsudy Ill November Oh edcll year ,
unless the same should be a holl-
day, when the election shall be held
On the next legal day thereafter
Notice Of such election shall be
given by at least ten no. days con-
Llnuous publication immediately
preceding each election in one OF
the daily newspapers Of Shreve-
port, and the board Of directors
shall appoint one or more stock
holders to preside at such election
as commissioners. In the event of
the failure of any commissioner or
commissioners to attend, the preSl-
dent shall by appointment fill the
vacancy. Any failure from any
cause whatever to elect directors
on the day named for that purpose
shall not dissolve the corporation,
but the directors then in office, as
we'll as the officers of said company,
shall hold over until their success
ors are chosen. In such event the
president shall cause another cleo
ton to be held within thirty days,
and shall give notice thereof as
hereinbefOre provided. At every
election and meeting each stock
holder shall be entitled to one vote
for each share of stock registered
in his name, and may vote by
proxy. The election Of directors
shall be by ballot. and the majority
in amount of votes cast, each share
Of stock voted upon to be counted
for one vote. shall elect the person
Or persons for whom they have
been cast. After each election the
board Of directors shall elect from
their own number the officers Of
said company.
ARTICLE '.
The board of directors shall have
full power TO fill vacancies i'll their
number caused by death, reslgna-
ton or otherwise, from among the
stockholders of the corporation.
The said board shall have full con-
troll of the property Of this COM
pany, and shall so conduct, manage
and use the same as in their dlscre-
ton they deem fit, and that is con-
,iSten4 with the objects Of this
company or the welfare Of the
same. The said board is further au-
thorized to frame and adopt such
bylaws, rules and regulations as
the affairs and business of the cor
pOratiOn may require, and as it may
deem necessary for the conducting
and management thereof: provided
The same shall not conflict with this
charter or with the lawas of the
State or of the United States. The
said board shall elect or appoint a
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 compen-
sation, term of service, with right
to dismiss them at said boards
pleasure: and said board shall have
the right to fix and determine 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 general meeting of the stock
holders convened for the purpose
with the assent of three-fourths of
the entire capital stock, whether
present or represented at such
meeting. Ten days prior notice of
such meeting shall be given in any
iaily newspaper published in the
.ity of Shreveport. In case OF dis
solution or termination OF this cor
ooration either by limitation of its
charter from any cause, the llqul-
dation of its affairs shall be con-
Quoted by three commissioners sell
ected from the stockholders, with
like assent, and at a meeting called
'or that purpose, as above set forth
in this article, Said commissioners
shall remain in office until the at
fairs of said corporation shall have
)een fully liduidated. In case Of the
leath of one or more of said COM
nissioners the survivors or surviv-
n shall continue to act.
ARTICLE VII.
No stakeholder of this corpora
ion shall ever be held liable or
responsible for the contracts or
faults thereof in any further sum
han the unpaid balance due the
company on the shares of stock
| subscribed for or owned by hlnr;
nor shall any informally in organ
ization have the effect of rendering
this charter null or of exposing a