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

liOu Is hereby iAtu at yin HiA
ten thousand (sl0,000001 dollars, d.
vided into and represented by one
hundred 400 shares of the par
value of one hundred $4,000 dot
lars per share, which shall be pald
for in cash or its equivalent at the
time of its issuance. This corpora
ton shall be authorized to com
mence business as soon as three
thousand dollars of its capital stock
shall have been subscribed and paid
for in cash or its equivalent.
ARTICLE ".
The corporate powers OF tins cor
poration shall be vested in and eXer-
cised by a board of three directors,
chosen from the stockholders, two
of whom shall constitute quorum
for the transaction of business. The
board of directors shall be vested
with power and authority to make
all contracts, purchases, leases,
sales, etc, in the prosecution of the
business of the company, and to
adopt a code of bylaws, rules and
regulations for the management of
the business and affairs of the com
pany, and may alter, amend and
change the same at pleasure. The
board of directors shall elect the
officers of this corporation, and ap-
point, hire and discharge all Off
cials, agents and employees, fix their
compensation, and generally do and
perform all things and acts neces-
sary in the prosecution OF the en-
terprise of the company. Vacancies
occurring in the board of directors
by death, resignation or Otherwise.
shall be filled for the unexpired
time by the remaining directors.
The same person may be elected
secretary and treasurer. The first
board of directors of this corpora
ton shall be composed of w. G.
Woolf, C. d. Keen and r. w. Norris.
The officers of this corporation shall
be as follows: William C. Woolf,
president; r. w. Norris, vice presi-
dent, and Cornelius d. Keen, secre-
tary and treasurer. This board OF
directors and the officers shall re-
main in Office until the first Mon
day in April 1914, or until their sue
cessors shall have been elected and
qualified. On the first Monday III
April and annually thereafter
in election of directors shall be held
It the Office of the company in
Shreveport, La, notice of which
meeting shall be given in any one OF
he newspapers published in the
City of Shreveport for ten (i0) days
prior to the date of the meeting
Should for any cause this meeting
not be called or advertised at the
lime mentioned, then it may bt
called and advertised for later
late, and a meeting held at such
later date shall have the same eff
icacy and force as though held or
he first Monday in April. At al
stockholders meetings each share oil
stock shall be entitled TO one a.
vote, either in person or by proxy IL
writing. The term of Office Of no Of
icial, agent or employe shall extend
beyond the term of office of the
BOARD of directors which elected
chose or appointed him. If no tern
be fixed during which an officfal OF
cmploye is to hold office, then hi;
tenure of the place shall be at the
discretion of the board of directors
ARTICLE v.
This act of incorporation may b'
amended, or the corporation itsel
dissolved, by and through the assen
md action of three-fourths (3-4 o
he stock present or represented a
| any general meeting of the stock
holders convened for that purpos'
after thirty 800 days prior notice
of such meeting shall have beer
given by publication in one of tn
daily newspapers published in thu
City of Shreveport, La, by five %
insertions during said period o
thirty 800 days. Should changes b
contemplated in reference to tn
capital stock, besides the thirty go
days notice as above, ten (t0) day
written notice by mail OF otherwls
to each stakeholder shall be giveT