The Caucasian. (Shreveport, La.) 1900-192?, 1912-07-04
CHARTER
OF the Hercules Rail Joint Com
pany.

tduuO PaIlSl, Louisiana, QulN cOnl-
mlsSiOned, qualified and acting,
personally came and appeared the
parties whose names are hereuntO
subscribed, residents of Caddo Par
lSh, La, who declared to me, notary,
that aNailing themselves of the pro
visions of the laws of the State of
Louisiana governing the formation
Of corporations in general, and cs-
peclally of Act No. 70 of 1904 of the
General Assembly of Louisiana, they
have formed and constituted them
selves, as we'll as such other per
sens as may become associated with
them, into corporation AID body
polite in law, and have adopted
and ordained as their charter and
act of Incorporation the following,
to-wit:
ARTICLE |.
The name and style Of this cor
poration shall be Hercules Rail
Joint Company, under which name
it shall enjoy corporate existence
for and during the term Of ninety
nine 800 years from the date of
this charter, with power and au-
therity to contract, sue and be sued;
to make and use a corporate seal
and the same to change at pleasure;
to receive, have, purchase. hold,
sell, transfer, convey, pledge, mort
gage and hypothecate, property.
real, personal and mixed; to name
and appoint such directors, officers,
agents, managers and employees as
the interest or convenience of the
corporate may require; to make and
establish such bylaws, rules and
regulations for the management of
it's affairs as may be deemed neces-
sary or proper, and the same to
change at pleasure: and generally to
do all acts and things necessary to
carry out the objects and purposes
of this corporation.
ARTICLE II.
The domicile of this corporation
shall be in the city of Shreveport,
CaddO Parish, La, and citation and
all other legal process shall be
served upon the president, or in his
absence on the vice president, OF in
the absence of both president and
vice president, upon the secretary
at the office Of the company accord
ing to law.
ARTICLE III.
The purpose for which this cor
poration is organized and the nature
of the business to be carried on by
it are hereby declared to be the
manufacture, purchase and sale of
rail joints and other railway sup
plies.
49,. ARTICLE ~.
The capital stock of this corpora
ton is hereby fixed at fifty thous7
and dollars, to be divided into and
represented by five hundred shares
of the par value of one hundred dol
lars each; the corporation to begin
business whenever ten thousand
dollars shall have been subscribed.
[Stock may be paid for in cash, or
its. equivalent, in such manner as
the board of directors may deter
mine, provided that no stock shall
be issued until it is fully paid for.
ARTICLE V.
The affairs of this corporation
shall be managed and controlled by
a board Of directors to be composed
of not less than five nor more than
nine stockholders, who shall be
elected annually on the first Tues
day in June, beginning with the year
1913, and the directors so elected
shall hold office until their success
sors are elected and qualified. The
first board of directors shall be G.
w. Robinson, G P. Munday, I. e.
Williams. J. C. Willis, P. C. Butler
and b. E. Carl The officers of this
corporation shall be a president, a
vice president, secretary and treas
urer, who shall be elected annually
by the board of directors from
among their number. The powers
and authority Of said officers shall
be fixed and established by bylaws
to be adopted by the board Of direc
tors of the corporation. The first
officers of the corporation shall be
g. w. Robinson, president; P. c.
Butler, vice president; G. P. Mum
day, secretary; and I. E. Williams,
treasurer, who shall serve until
their successors are elected and
qualified. The board of directors
shall have full power to fill all va
cancies among the officers and on
the board itself. At all meetings of
the stockholders for the election of
directors, or for any other purpose
Except to increase or decrease the
capital stock, the majority of stock