The Caucasian. (Shreveport, La.) 1900-192?, 1913-04-29
ARTICLE, Nv.

The corporate powers OF this COM
pany shall be vested in and eXer-
| cised by a board of eleven (1f) d.
| fectors consisting of the president
vice president, secretary-treasurer
and eight stockholders. Six OF sane
board shall constitute quorum Tor
the transaction Of business, and
their decisions shall be valid cor
| porate acts. The following persons
shall constitute the first board OF
directors: j. j. Hudson, I. NJ. Hall, h.
E. Grain, J. w. Peyton, J. II. Castle
perry, b. Cannon, w. b. ChenoWeth,
w. s.. Thompson, o. q. Richardson,
J. L, Pence and r. II. Guelich, and
The first officers of said corporation
and body polite shall be as follows:
J. j. Hudson, president; t. M. Hall,
| vice president; and Z. E. Grain, sec
| retary-treasurer, who shall hold
their respective offices until their
successors are duly chosen and
elected as hereinafter set forth. No
person shall be eligible as director
| or an officer who is not stock
holder of this company. During the
absence of the president the vice
president shall act and preside. Said
board Of directors shall continue III
office until the second Monday III
January nineteen hundred and four
teen, on which date and thereafter
| annually, the board of directors
| shall be elected on the second Mon
| law of January of each year, unless
tn same shall be legal holiday,
when the election shall be held OF
the next legal day thereafter. Notice
| Of such election shall be given by al
least ten (10) days continuous pub
lication Immediately preceding each
election, in one Of the daily English
newspapers of said corporations
iomicile; and the board of directors
| shall appoint one or more stock
holders to preside at such election
| IS commissioners. In the event OF
he failure of any commissioner
commissioners to attend, the presl-
| Dent shall. by appointment, fill tn
Vacancy. Any failure from any cause
| whatever to elect directors the day
| FAMED for that purpose shall no
dissolve the corporation and body
| 1olitic, but the directors then in OF.
| Ice, as we'll as the officers of sale
company, shall hold over until then
successors are chosen, in such even
| he president shall cause another
election to be held within thirty
30) days, and shall give notice
hereof as hereinbefore provided. A
| very election and meeting eact
stakeholder shall be entitled to ont
| eote for each share of stock regis
.ered in his name, and may vote b..
,rOxy. The election Of directors
hall be by ballot, and the majorlt.
n amount of votes cast, each share
VI stock voted upon to be counte:-
Tor one vote, shall elect the person
Dr. persons for whom they have beer
asst. After each election the boare
If directors shall elect from thelI
,wn number the officers of safe
company. The board Of director
shall have full power to fill vacan
cies in their number caused by
ieath, resignation Or otherwise
from among the stockholders of the
corporation and body polite. The
,aid board shall have full control o:
the property Of this company, anC
shall SO conduct, manage and us
he same as in their discretion they
ieem fit, and that is consistent witt
The objects of this company, or the
welfare of the same. The said bOarC
s. further authorized to frame ami
adopt such bylaws, rules and regu
.ations as the affairs and business o.
he corporation and body polite
nay require, and as it may deem
necessary for the conducting anC
management thereof; provided tn,
anne shall not conflict with thi.
harter, or with the laws of ths
State, or of the United States. Tbs
| aid board shall elect or appoint
:uch officers, agents, employees, ser
ANTS and clerks as it may deem
i necessary for the conducting of thu
business of the corporation and body
inolitic; fix their compensation, tern
tof service, with the right to dismiss
hem at said boards pleasure; an(
laid board shall have the right to fil
md determine the salaries Of tn
everal officers herein provided for
i ARTICLE V.
i This charter may be changed
: modified or amended, the increas
,r decrease of the capital stock ex
s;epted, or this corporation and bod.
.olitic may be dissolved, at gen
; ,ral meeting Of the stakeholder
, convened for that purpose, with tn
assent of three-fourths of the EN-
ire capital stock, whether presen
: or represented at such meeting. TIE
, days prior notice of such meetin
,, shall be given in any daily Englis
newspaper published at the domicii
!. Of said corporation and body polite
I'm case of dissolution or Termination
: Of this corporation and body politi
: either by limitation of its charter 0
from any cause, the liquidation Q
: its affairs shall be conducted b
three commissioners selected froT
! she stockholders, with like ,assen
and at a meeting called for that pnr
!, ipose, as above set forth in this arh