The Caucasian., 1913-08-05

1.-The first legal day thereafter, No
Itice of such election shall be given
by written notice mailed not less
than ten nor more thaa twenty days
prior TO the date for holding such
election, which notices shall be
l )maiIed TO each stockhesder at his
last known place Of address, as
shown by the books Of the corpora
ton. Any failure from any cause to
elect directors 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
|the'r successors are chosen. In
such event the president shall cause
another election to be held within
thirty days, and shall give notice
thereof as hereinabove provided. At
every election and meeting each
stockholder shall be entitled to 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 votes
cast, each share of stock voted upon
/ to be counted for one vote, shall
elect the person or persons for
whom they shall have besn cast.
After each election the board of di-
lrectors shall elect from their own
number the officers of the corpora
tlOn. ARTICLE Y.
! The board of directors shall have
full power to fill all vacancies in
their own number caused by death,
resignation or otherwise, from
among the stockholders of the cor
poration. The said board shall have
full control of the property of this
company, and shall so conduct,
manage and use the same as in their
discretion they deem fit, and that is
consistent with the objects of this
company or the welfare of the same.
The said board is further author
lied to frame and adopt such by
laws, rules and regulations as the
affairs and business of the corpora
ton may require, and as it may
deem necessary for the conducting
and management thereof; provided
the same shall not conflict with this@
Icharter or with the laws of the
Estate or the United States. The said
board shall elect or appoint such
other officers, agents, employees,
servants Or clerks as it may deem
necessary for the conducting of the
business of the corporation; fix
their compensation, term Of SER
vice, with the right to dismiss them
at the boards pleasure; and the said
Il board shall have the right TO fix and
determining the salaries of the sew
J eral officers herein provided.
4 ARTICLE VI.
This charter may be changed,
modified or amended in any respect
| except as to the increase or de-
crease of the capital stock, or this
corporation may be dissolved at a
general meeting Of the stockholders
; convened for that purpose, with the
l assent of two-thirds Of the entire
capital stock, whether present or
represented at such meeting. Notice
2 of such meeting shall be given ip
q the same manner as herein pro-
: vided for other meetings OF the
: stockholders. In case of dissolu-
ton or termination of this corpor-
81 alton, either by limitation OF its
: charter or from any cause, tho
7 liquidation of its affairs shall be
8 conducted by three commissioners
n selected from the stockholders, at
Injecting called for that purpose as
Iset forth in this article. Said COM
Imissioners shall remain in office
-funtil the affairs of this corporation
Il shall have been fully liquidated. In
e lease of death of one or more OF
4 such commissioners, the Survivors
h Tor survivor shall continue to act.
|, ARTICLE VII.
1T No stockholder of this corporation
: lshall ever be held liable or respon-
-isible for the contracts or faults
d thereof in any further sum than the
= UNPAID balance due the company on
d the shares of stock subscribed for
i or owned by him, nor shall any IN
u formality in organization have the
y effect of rendering this charter null
X tor of exposing a stockholder to any
= liability beyond the unpaid balance,
y if any, of his stock.
+ Thus done and passed at my no.
IS tarial office in the City OF Shreve-
IS port, Caddo Parish, Louisiana, on
n the day, month and year herein first
rs above written, in the presence OF
le t. w, Coffey and John McAlevy
competent witnesses, Of lawful age
land residents of this parish, who