The Caucasian., 1913-02-13


of this company shall be sold by
any holder thereof in the open mar
ket except after ten days prior no
tice of intention has been given,
during which time the other stock
holders shall have the privilege OF
/ purchasing the same, and this
clause shall be printed OH the face
of each certificate Of stock issued
by this company. No further stock
shall be issued except upon a two
thirds vote Of stock at a meeting
held for that purpose.
ARTICLE ".
The affairs of this corporation
shall be vested in and exercised by
a board of directors consisting OF
| three stockholders to be elected at
general stockholders meeting to
be held on the first Friday after the
first Monday in January of each
year. who shall hold their offices for
one wear or until their successors
are appointed, and any vacancy In
| the board of directors from what
ever cause may be filled by the re-
naming directors electlng a stock
| holder to such vacancy. Until the
election in January 1914 the follow
ing shall compose the board OF di-
rectors of said company: w. e.
Glover, president; Marx Levin, vice
president; Hardy Hearne, secretary
| treasurer. The said board shall have
the authority to adopt such rules
and regulations as they deem ad-
visable and to alter and change the
same at their pleasure, and to en-
plcy all such help or assistants as
ma, j. Iscessary in managing the
affairs of the company, fix their SAL
aries and discharge them at pleas
| ure. At all elections each share OF
stock shall be entitled to one vote,
and each shareholder may vote
either in person OF by proxy, said
proxy to be in writing. The major
ity of votes cast shall elect. Notice
of all stockholders meetings except
as otherwise provided by law shall
be given by mail, addressed to the
last known address of each stock
holder at least ten days before the
date fixed for the meeting.
ARTICLE V.
This charter may be amended OF
altered or. abolished by vote OF
three-fourths capital stock cast al
a meeting after due notice accord
| ing to the laws of Louisiana; when
dissolved as herein provided, or by
imitation, its affairs shall be llqul-
dated by two liquidators elected by
The stockholders at general stock
holders meeting, and who shall
have such authority and perform
such duties as the stockholders may
determine.
ARTICLE VI.
No stakeholder of this corporation
shall ever be held liable for the con-
tracts or faults thereof in any fur
them sum than the unpaid balance
of his stock, nor shall any mere IN
formality have the effect of render
ing this charter null and void or OF
exposing a stakeholder to any los:
greater than the amount OF nj:
, stock.
In testimony whereof the sal(
parties have hereunto signed thell
names and have set opposite thell
names the number of shares O
stock subscribed for by them IL
!. said corporation, which shall con
stitute a subscription list, in pres
ence of me, notary, and attestln'
witnesses, on this the 18th day o
January A. d. 1913.
! MARX LEVIN, Is shares.
W.. GLOVER, Is shares.
> H. N. HEARNE, share.
Attest:
J. H. STEPHENS JR.
y M. F. BLUMBERG.
Il D. C. SCARBOROUGH JR.,
Notary Public
I, w. A. Mabry, district attorne
for the First Judicial District in an
j for Caddo Parish, La, certify tha
| have examined the above and fore
{ going charter, and finding nothin
therein contrary to law, l hereb
u approve same. Thus done and signe
this t7th da yof January A. ID. 1871
w. A. MABRY,
District Attorney First Judicial Dl:
Is trict of Louisiana.
o Endorsed: Filed and recorded jar
uary II, 1913. SO WILLIAMS,
1t Deputy Clerk and ex-Officio Depu1
ID Recorder.
: State of Louisiana, Parish OF Cai
$ do: | hereby certify that the abo,
l. and foregoing is true and corre'
rs copy of the ariginal act, as the san