The Caucasian. (Shreveport, La.) 1900-192?, 1913-05-01
CHARTER
OF The HumasOn Patent Holding
Company.
Receivers
Caucasian, April 20, 1913.

| State of Louisiana, Parish OF Cad
do: Be it remembered that on this
the 10th day of April A. d. 1913, be-
fore me, Edward Barnett, notary
lpublic in and for the Parish of Cad
do and State of Louisiana, duly
commissioned and qualified, person.
ally came and appeared the several
persons whose names are hereunto
subscribed, who declared that avail
ing themselves of the laws of the
State of Louisiana in such cases
made and provided, they by these
presents do constitute and form
themselves, as we'll as such other
persons as may be associated here
after with them, into a corporation
and body polite in law, for the
business and purposes as described
and set forth herein, and under the
following articles of incorporation:
| ARTICLE I.
| The name and title of this corpor-
|ation shall be The Humason Patent
Holding Company. It's place of DOM
icile shall be the City of Shreveport,
Caddo Parish, State of Louisiana.
1t shall have and enjoy succession
for period of fifty years from date
of this act, unless terminated sooner
for causes other than that of linn
itation. All citations or other legal
processes shall be served on tn"
president, or in his absence On the
vice president or secretary in the
order named 1t shall have power to
make and use corporate seal. Un-
der its corporate name it shall sue
and be sued; plead and be implead-
ed, appear, answer and prosecute in
all courts of justice. 1t shall have
power to buy, acquire and own pat
ents and patent rights in and to any
and all useful inventions or devices
either in the United States of Amer
lea or any foreign countries. 1t
shall have power also to operate
any such patents; to lease, sell or
otherwise dispose of any such pat
ents or patent rights which it may
have acquired. It also shall have
power to manufacture, buy, lease
and sell all or any of such devices,
patents or patent rights which it
may have acquired. It shall have
power to own and hold real and
personal property, and to sell and
dispose Of same; to contract and
otherwise to exercise all powers
which are not prohibitive Under the
laws of the State of Louisiana to
such corporations.
ARTICLE II.
I The authorized capital stock oil
this corporation is fixed hereby at |
one hundred thousand dollars, di-
vided into two thousand shares OF |
the par value of fifty dollars. 1t
shall be authorized to commence /
business and shall be going con-
Germ whenever the sum of fifty I
thousand dollars OF more of its cap
ital stock shall have been sub
scribed for. The capital stock may
be issued for cash or its equivalent
in real or personal property or for
labor or services performed, as may
be approved by the board of direc-
tors. All capital stock subscribed
for shall be paid for in the follow
ing manner and time: Fifty per cent
Or more shall be paid for in cash or
in property or services or labor
performed, and the remainder on
The call of the board Of directors.
The shares of stock of this corpora
lion shall be transferable only on
The books of this company, and no
transfer shall be binding on this
until the same shall
have been entered on its books. mol
stock of this corporation shall bel
sold by any holder thereof in open
market except after ten days prior
notice of intention to sell has been
given the company, during which
lime the other stockholders shall
lave the privilege Of purchasing the
anne, and this clause shall be print
d on the face of each certificate of
took issued by the company.
ARTICLE III. |,
The corporate powers of this cor
,oration shall be vested in and ex- t
rcised by board of directors con-
listing of seven of its stockholders,
our of whom shall constitute a
uorum. The first board of directors
5 hereby declared to be J. L. KIM
'ell, G. w. Robinson, J. C. Willis, W..
;. Young, A. D. Keeney, G. A. HUI
mason, A. B. Nelson. OF this board
C. Willis, shall. be president; G. A.
lumason, vice president; w. L.
'oung, treasurer, and A. D. Keeney t
ecretary. The said officers and di- +