The Caucasian. (Shreveport, La.) 1900-192?, 1913-09-04
ARTICLE TIT.

slOn.OONOOl dollars, divided into
and represented by one thousand
shares Of the sum Of one hundred
$4,000 dollars each, which said
stock shall be paid for at the time
Of subscription, or the same may be
issued at not less than par in ex-
change for property or rights ac-
tllally received or purchased by the
corporation, or the same may be is
sued full paid for money advanced
OF other valuable consideration, as
the board of directors may deter
mine. This corporation shall COM
mence business as soon as fifteen
thousand 100000 dollars of the
capital stock shall have been sub
scribpu.
ARTICLE ".
The corporate, powers OF this
company shall be vested in and eX-
ercised by a board Of three direc-
tors who shall for the present be
W. G. Burton. w. H. Harris and T.
R. Afford, Of which board w. G..
Burton shall be president, 7. R. Al
ford vice president, and w. H. Har-
ris secretary and treasurer, and who
shall hold their offices until the
next regular meeting Of the stock
holders for the selection Of the
board Of directors, which shall be
held not later than the list day Of
October 1914, and annually thereaf-
ter stockholders meetings shall be
held and Of which meetings written
notice shall be given and directed
to the last known place of residence
Of each of the stockholders.
ARTICLE Y.
The board Of directors shall have
full power to fill vacancies in their
number caused by death, resigna-
ton or otherwise, and from the
stockholders of the company; they
shall have full control of the prop
erty Of the company and shall so
conduct, manage. and use the same
as they may deem best and as is
consistent with the objects and pur-
poses Of this company; they are au
thoriZed and empowered to frame
and adopt such bylaws and regula-
tons as the affairs and business Of
the company may require, and en-
ploy all officers, agents, employees,
servants and clerks as they may
deem necessary, and fix the salaries
Of such employees as we'll as the sal
aries of the officers provided for by
the stipulations of this charter.
ARTICLE VI.
This charter may be amended, al
tered or abolished Or the capital
stock thereof increased or dimln-
ished by a vote of two-thirds Of the
stockholders cast at a meeting
called for that purpose in accord
ance with the laws Of the State of
Louisiana; provided that the notice
of any meeting may be waived by
the unanimous consent of all the
At each stockholders
each share of stock shall
be entitled to one vote to be cast by
its owner in person or by written
proxy, and when not otherwise pro-
Vided by law, ten days notice OF
every stockholders meeting shall be
given by letter addressed to the
stockholders, through the mail, to
his postot1ice address as recorded on
the books Of the company, and no
stock shall be permitted to be voted
by any person other than its owner
as shown by the books of the COM
pany. When this corporation is dis
solved. by limitation or otherwise,
its affairs shall be oliquidated and
settled by one or more liquidators
elected by the stockholders at the
called for the dissolution
thereof. and said liquidator or liqui-
dators shall! have such power and
and give such bond and
security as the stockholders may
determine.
ARTICLE VII.
No stakeholder Of this corporation
Shall ever be held liable or respon-
sible for the obligations or faults Of
his company in any further sum
Than the unpaid balance due the
company on the shares Of stock