The Caucasian., 1913-08-26

tice Of such election shall be glVel
by written notice mailed not les
than ten nor more than twenty day
| prior to the date for holding suct
election, which notices shall bt
mailed to each stOckhOder at hi:
| last known place of address, a:
shown hy the books of the corpora
ton. Any failure from any cause tC
Alcct directors the day named fol
that purpose shall not dissolve the
corporation, but the dlrcc orS tltl
in Office, as we'll as the officers Ol
said company, shall hold over unit
their successors are chosen. In
such event the president shall cause
another election to be held within
yhrty days, and shall give notice
hereof as hcreinabove provided AT
every election and meeting each
,tockhoIlcr shall be entitled to vote
for each share of stock registered
u bis name, and may vote by proxy.
I'he election of directors shall be
Dy ballot, and the majority in votes
,'aSt, each share of stock voted upon
to be counted for one vote, shall
elect the person or persons for
whom they shall have been cast
After each election the board of di-
rcctors shall elect from their own
number the officers of the corpora
ion. ARTICLE V.
The board of directors shall have
full power to fill all vacancies in
their own number caused by death,
resignation or otherwise, from
,mong the stockholders of the cor
poration. The said board shall have
full control of the property Of this
company, and shall 50 conduct,
manage and use the same as in their
discretion they deem fit, and that is
consistent with The objects of this
.ompany or the welfare Of the same
Ihe said board is further author
zcd to frame and adopt such by
laws, rules and regulations as the
affairs and business of the corpora
zion may require, and as it may
leem necessary for the conducting
and management thereof; provided
he same shall not conflict with this
,IaFtrr 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
heir compensation, term Of SER
s'ice, with the right to dismiss them
Vt the boards pleasure; and the said
board shall have the right to fix and
determine the salaries of the sew
,ral 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
he same manner as herein pro-
vided for other meetings OF the
stockholders. In case of dlssOlu
ton or termination of this corpor-
alton, either by limitation OF lts
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-
sibIe 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
formaIity in organization have the
effect Of rendering this charter null
or Of exposing a stockholder to any
liability beyond the unpaid balance,
# any, Of his stock
Thus done and passed at my no.
tariaI office in the City of Shreve-
port, Caddo Parish, Louisiana, on
The day, month and year herein first
above written, in the presence OF
Nv. Goffcy and John McAlevy
competent witnesses, Of lawful age
and residents 0of this parish, who
hereunto subscribed their names
together with said parties and me