The Caucasian., 1913-08-12


by written notice mailed not less
than ten nor more than twenty days
/ prior to the date for holding such
election, which notices shall bt
4 mailed to each stoCkholder at has
last known place Of address, as
shown by the books of the corpora
ton. AnyofaiIure 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
their 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. Al
every election and meeting each
/ stakeholder 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 1or
whom they shall have been cast.
After each election the board of di-
rectors shall elect from their own
number the officers of the corpora
ton. 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
charter or with the laws of the
State 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 saii
board shall have the right to fix and
determine the salaries of the sev-
eral officers herein provided.
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
assent of two-thirds of the entire
capital stock, whether present or
represented at such meeting. Notice
of such meeting shall be given in
the same. manner as herein pro-
vided for other meetings of the
stockholders. In case of dissolu-
| ton or termination OF this cOrpOr-
ation either by limitation of its
charter or from any cause, the
liquidation of its affairs shall be
conducted by three commissioners
selected from the stockholders, at a
meeting called for that purpose as
set forth in this article. Said COM
missioners shall remain in office
until the affairs of this corporation
shall have been fully liquidated. In
case of death Of one or more Of
such commissioners, the survivors
or survivor shall continue to act.
ARTICLE VII
No stockholder of this corporation
shall ever be held liable or respon-
sible for the contracts or faults
| thereof in any further sum than the
unpaid balance due the company on
the shares of stock subscribed for
or owned by him, nor shall any in
formality in organization have the
effect of rendering this charter null
or of exposing stockholder to any
liability beyond the unpaid balance,
if any, of his stock.
Thus done and passed at my no
tarial office in the City of Shreve-
port, Caddo Parish, Louisiana, on
the day, month and year herein first
above written, in the presence OF
T. w. Coffey and John McAleyy,
competent witnesses, Of lawful age,
and residents of this parish, who
hereunto subscribed their names,
together with said parties and me,
i 4 4 L.