The Caucasian. (Shreveport, La.) 1900-192?, 1913-04-10

|Stock may be paid for i'll cash, or III
property, rights and credits, in such
! manner as the board Of directors
may determine, provided no stock
shall be issued until it is paid for.
! ARTICLE V.
| The powers of this corporation
are hereby vested in board of dl-
reGtors to be9composcd OF three
| stoCkholdcrs, who shall be elected
i annually on the first Monday in
January, beginning with the year
Ii9i4, and the directors so elected
i shall hold Office until their success
sors are elected and qualified. The
u first board of directors shall he
lCharles Reed, J. A. Stephenson and
IL b. Knighton. The officers of this
Incorporation shall be a presidents
vice president and secretary
treasurer, who shall be elected an
lnuaIIy by the board of directors
from among their number, and
whose power and authority shall be
fixed and established by bylaws to
be adopted by the board of direc-
TORS. The first officers are hereby
declared to be Charles Reed, presl-
dent J. Is. knighton, vice president;
land J. A. Stephenson, secretary
treasurer, and said officers shall
: servc until their successors are
, elected and qualified. The board OF
directors shall have full power to
, fill all vacancies among the officers
OF on the board itself. At all meet
linCs of stockholders for the election
of directors, or for any other pur-
pose Except to increase or TO de-
= crease the capital stock three
lfOurths of the stock present or rep
! Presented at such meeting sha@ con-
ltrol, each share of stock to be en-
i Titled to one vote, which may be
cast in person or by proxy in writ
Ing. Notice of all elections and OF
> 1.-The meetings of stockholders shall
! be published ten days in advance In
q any one of the newspapers pub
, ishcd in the City Of Shreveport, La,
4 lexcept where otherwise required by
h law. which shall be taken as fun
notice.
Y ARTICLE vi.
, This charter may be altered or
amended, or the corporation dis
solved, by vote Of three-fourths
lof the capital stock at a stock
holders meeting called for that pur-
pose, after due notice given, as
above provided, and according TO
law. Whenever the corporation Is
, dissolved by limitation or otherwise,
: it's affairs shall be hquidated by two
: commissioners elected by the stock
: holders, who shall have full power
to wind up Its affairs and TO dlstrl-
. butte the proceeds among its credit
, ors and stockholders.
:, ARTICLE VII.
al No stakeholder of this corporation
/, shall ever be held liable for the
>, contracts OF faults of the corpora
:, liion in any further sum than the
lrnpaid balance due the corporation
- on shares of stock owned by him
~, lnor shall any informally or irregl-
= larity in organization have the ell
-, feet of rendering this charter null
~ or of exposing any stakeholder Il
:. any liability beyond such unpal'
Of balance.
-. Done and passed at my office i
the City of Shreveport, Caddo Par
ish, La, in the presence OF the nn
II dersigned legal and competent VIII
ed nesses, OH the day and date frs
~, labove written.
nd CHARLES REED.
he J. A. STEPHENSON.
ie Attest: }. b. kNiGhlON.
u G.. b. PROTHRO.
20; T.. b. HERNDON JR.
al, OTIS w. BULLOCK,
re; Notary Publ
ell, State of Louisiana, Parish OF Gao
lge do: Having examined the fOregoir
er- charter of the Charles Reed Realt
ip- and Assurance Company, and iinf
aus, ing nothing therein contrary TO lay
IN hereby approve the same. This 81
or day of March 1919.
and w. A. MABRY,
and District Attorne
OF Endorsed: Filed and records
es- March 8, 1913. so. WILLIAMS.
To Deputy Clerk and ex-Ofllcio Depu
10 Recorder.
'Ses State of Louisiana, Parish OF Ca
lido: | hereby certify that The aDo
and foregoing is a true and CORE
ton copy Of the original act, as the saT
ort, now appears on file and of record
and lmy Office. Given under my hand a
be seal of Office, this 9Th day OF Mar
=, ,o.o G n VIII HAMS