The Caucasian. (Shreveport, La.) 1900-192?, 1913-04-22
ARTICLE ".

\
pany shall be vested in and eXer-
clsed by board of eleven ID d.
rectOrs consisting of the president
vice president, secretary-treasurer
and eight stockholders. SIX of SAT-
board shall constitute quorum fol
| the transaction of business, ant
! their decisions shall be valid cor
porate acts. The following persons
shall constitute the first board OF
directors: J. J. Hudson, +. NJ. Hall, f
+. Grain, J. w. PeytOn, J. r. Castle
berry, b. Cannon, w. b. Chenoweth
w. S. Thompson .. q. Richardson,
ii. L. Pence and r.. H. GueliCh, and
the first officers of said corporation
and body polite shall be as follows:
ii. J. Hudson, president; L. M. Hall,
vice president; and f.. f. Grain, sec
Rotary treasurer, who shall hold
their respective offices until their
Successors are duly chosen and
elected as hereinafter set forth. No
person shall be eligible as director
or an officer who is not stock
holder of this company. During the
absence of the president the vice
president shall act and preside. Said
board of directors shall continue in
)tIice until the second Monday in
January nineteen hundred and four
zen, on which date and thereafter
annually, the board of directors
shall be elected on the second Mon
Law of January of each year, unless
n same shall be a legal holiday,
when the election shall be held on
he next legal day thereafter. Notice
If such election shall be given by at
least ten U0) days continuous pub
icatiOn Immediately preceding each
election, in one of the daily English
newspapers of said corporation )
iomicile; and the board of directors
shall appoint one or more stock
holders to preside at such election
IS commissioners. In the event Of
he failure of any commissioner or
commissioners to attend, the presi-
lent shall, by appointment, fill the
acancy. Any failure from any cause
whatever to elect directors the day
FAMED for that purpose shall not
dissolve the corporation and body
jOlitic, but the directors then in Of
ice, as we'll as the officers of said
Ompany, shall hold over until their
successors are chosen, in such event
he president shall cause another
election to be held within thirty
30) days, and shall give notice
hereof as hereinbefore provided. All
very election and meeting each
,tockholder shall be entitled to one
-Ote for each share Of stock regis
cred in his name, and may vote by
roxy. The election Of directors
hall be by ballot. and the majority
n amount OF votes cast, each share
If stock, voted upon to be counted
or one vote, shall elect the person
persons for whom they have been
asst. After each election the board
I directors shall elect from their
.wn number the officers of said
Ompany. The board OF directors
hall have full power to fill vacan-
les in their number caused by
leath, resignation or otherwise,
rom among the stockholders Of the
orporatiOn and body polite. The
aid board shall have full control of
he property of this company, and
hall SO conduct, manage and U.S.
he same as in their discretion they
ieem fit, and that is consistent with
he objects of this company, or the
Welfare of the same. The said board
further authorized to frame and
dept such bylaws, rules and regu-
ations as the affairs and business of
he corporation and body 5Spolitic
nay require, and as it may deem
necessary for the conducting and
management thereof; provided the
anne shall not conflict with this
harter, or with the laws of the
State, or of the United States. The
aid board shall elect or appoint
UGH officers, agents, employees, SER
necessary for the conducting of the
BUSINESS of the corporation and body
'Olitic; fix their compensation, term
I service, with the right to dismiss
hem at said boards pleasure; and
aid board shall have the right to fix
md determine the salaries Of the
everal officers herein provided for.
ARTICLE v.
This charter may be changed
modified or amended, the increase
II decrease of the capital stock ex-
;epted, OF this corporation and body
,olitic may be dissolved, at gen.
raj meeting of the stockholders
convened for that purpose, with the
assent of three-fourths Of the en-
ire capital stock, whether present
)r represented at such meeting Ten
lays prior notice of such meeting
shall be given in any daily English
newspaper published at the domicile
If said corporation and body polite
case of dissolution or termination
# this corporation and body polite
either by limitation Of its charter OF
rom any cause, the liquidation of
Is affairs shall be conducted by
hree commissioners selected from
he stockholders, with like assent
md at a meeting called for that pur-
| ,ose, as above set forth in this artl-
lie. Said commissioners shall remain
n Office until the affairs Of said
corporation and body polite shall
ave been fully liquidated. In case
If the death Of one or more of said
commissioners, the survivors OF
survivor shall continue to act
/ II W