The Caucasian. (Shreveport, La.) 1900-192?, 1912-12-01
ARTICLE ".

ARTICLE ".
The amount of the authorized capital
stock Of this corporation is hereby fixed
| in the sum of Two Hundred Thousand
Dollars 5000 100000, the same to be
divided into and represented by 1900
shares Of the par value OF One Hundred
Dollars each, and fifty shares thereof,
which are now subscribed by the five
original incorperators. shall be paid for
| from time to time and in such amounts
and in such manner as the Board Of
| Directors may require, and the balan 20
of the shares Of said capital stock may
be issued by the Board Of Directors
either for money received by this cor
poration or fer labor done in its behalf
or for property actually by 1t received.
This corporation shall become going
concern and be authorized to do bust
ne@s as soon as Five Thousand Dollars
| Isl. 500 o). or more. of it's capital
|
ARTICLE V.
Sectiou |. All Of the corporate pew
| ers Of this corporation shall be vested
| in and may be exercised by Board of
Directors te consist Of five members
all of whom shall be stockholders, and
three of whom shall constitute a quo
run for the transaction of all business.
Said Board shall be vested with full
power and authority to direct and pro
vide for the making of contracts. pur
rules. regulations and resolutions for
| the government of the business and at
fairs of the corporation, and to amend.
alter or repeal such. ami shall have fu!'
power to fill all vacancies which may
occur in the membership of the Board.
Sec. = An annual meeting of the
stock holders for the election Of
Board Of Directors shall be held on the
first Monday after the third Tuesday
in November in each year. beginning
with the wear 1918; and if the same be
not held at that time. then as soon
thereafter as may be deemed expedient;
failure to elect Directors on the date
above specified shall not dissolve the
corporation nor impair its corporate
management, but the directors then in
office shall remain in office until their
successors shall be elected and quail
fed; at the time of the annual meeting
for election of said directors there shall
be transacted such either business as
NAV be properly brought before such
meeting; provided. however. the date
of annual meeting may be changed and
fixed by the Bylaws.
Sec. s. The officers Of the corpora
ton shall be at least President a
Vice. President, a Secretary and a
Treasurer. In addition the BYLAWS
or Resolutions of this corporation may
provide for two or more VicePresi-
dents and an Assistant Secretary.
and an Assistant Treasurer, or
more than one. The President shall be
a director, but no other officer need
be either a director nor stakeholder.
Each Board of Directors shall elect of
fcers of the corporation, and the pow
ers of such officers shall be shown in
the Bylaws of the corporation or by
resolution of the Board. and all off
GERS shall hold office at the pleasure of
the Board and the tenure of all other
employees shall be subject to definition
and control by the bylaws or resou
ton of the Board.
See t. All elections and other ques
tions submitted at stockholders meet
iugs shall be by ballot, if demanded by
any stoc kholder. and each stakeholder
shall be entitled to one vote for every
share of stock held by him. the same
to be east either in person or by
proxy, and majority of all the votes
east shall prevail except in sucil iE-
stances as the; statute or this charter
may otherwise provide.
Secs. The Board of Directors. may
appoint committees. and such commit
tees shall have and may exercise such
powers as shall be conferred or author
lied by the Bylaws or the resolutions
of the Board. ....4.
Sec g. Every member of the Board
Of Directors: in case of his absence from
the State of Louisiana or the City of
Shreveport at any time. shall have the
right to name and appoint in writing a
proxy to represent him and to sit in his
place and name and act for him at all
meetings of the Board which may be
held during his absence from the State
of Louisiana or City Of Shreveport.
ARTICLE VI.
This act of incorporation may be
chapopa altared amended or modifeD