The Caucasian., 1913-05-08

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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. e.
WOolf, C.. ID. 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 ID. 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 IN
April and annually thereafter
an election of directors shall be held
at the office of the company in
Shreveport, La, notice of which
meeting shall be given in any one of
the newspapers published in the
City of Shreveport for ten (10) days
prior to the date of the meeting
Should for any cause this meeting
not be called or advertised at the
time mentioned, then it may be
called and advertised for later
date, and meeting held at such
later ,date shall have the same eff
ticacy and force as though held on
the first Monday in April At all
stockholders meetings each share Of
stock shall be entitled to one u)
vote, either in person or by proxy in
writing. The term of office of no Of
ticlal, agent or employe shall extend
beyond the term of office of the
board of directors which elected,
chose or appointed him. If no term
be fixed during which an officral or
employe is to hold office, then his
tenure of the place shall be at the
discretion of the board of directors.
ARTICLE V.
This act of incorporation may be
amended, or the corporation itself
dissolved, by and through the assent
and action of three-fourths (3-4) of
he stock present or represented at
my general meeting of the stock
holders convened for that purpose
after thirty 800 days prior notice
Of such meeting shall have been
given by publication in one of the
1aily newspapers published in the
City of Shreveport, La, by five l5)
insertions during said period OF
thirty 800 days. Should changes be
contemplated in reference to the|
'apital stock, besides the thirty (3O)
days notice as above, ten (t0) days
written notice by mail or otherwise
to each stockholder shall be given.
This ten (10) days written notice
may be given during the time the
thirty 500 days published notice isl
running.
ARTICLE vi.
Whenever this corporation is. dis-l
solved, either by limitation of itsI
charter, or from any other cause, its
tffairs shall be liquidated by three
(3) commissioners chosen by the
stockholders at a meeting of thel
stockholders convened for that pur-
pose after thirty l30) days prior no
tice shall have been given by publi-
alton in newspaper as hereinbe-
fore set forth for meetings called tol
amend the charter, or to dissOlvel
The corporation. The commissioners
thus chosen shall remain in Office
until the affairs of the corporation
shall have been liquidated. In case|
Of death or resignation of either
commissioner, the survivors shall
continue to act.
ARTICLE VII.
No stakeholder shall be held liza
Die for the contracts or faults of
his company in any further sum
han the unpaid balance due the
company on the shares owned by
him, nor shall any informality I'M
organization have the effect of rem
dering this charter null, nor Of ex-
posing stockholders to any liability
beyond the amount of their stock.
)r any unpaid balance that may be
1ue thereon.
In testimony whereof the said
parties have hereunto signed their
lames in my presence and in the
presence Of S. S. Hunter and Isidore
Holland, competent witnesses.
w. C. WOOLE.
G.. ID. KEEN.
r. w. NORRIS.
M. VANDERSLIP.
F. VAN CLEVE.
MRS. BEN WHARTON.
Authorized by me.-B. F. Wharton.
Attest:
S. S. HUNTER.
ISIDORE HOLLAND.
WHEELER SHROPSHIRE.