The Caucasian. (Shreveport, La.) 1900-192?, 1913-09-28
and nifty shares Of one hundred
mi dol lars each 10 stock shall

aud Iifty shares 81 one hundred
$500. O0 dollars each no stock shall
be issued until fully paid for; no \
transfer of stock shall be binding on
the corporation until transferred
on the books Of the corporation.
Stock subscriptions shall be paid
for in cash, service OF property,
provided the service and property
be. fixed at a value placed by the
board of directors. The corporation
shall commence doing business
when three thousand ((ss3,00o00l dol
lars Of stock has been subscribed
and paid for.
r ARTICLE v.
The corporate powers of this corr
pofalion shall be vested in and its
affairs shall be managed by board
of directors, three in number, to be
elected by ballot by the stockhofd-
ers at meeting to be held at the
domieile Il The company on the
second Tuesday of November ON,
each year, beginning in. 1913 Until
such election the following shall
compose such board Of directors: s
w. L. Carter, president; Alex Pour
teau, vice president; and j. j. OAR
by, who shall be secretary treasur-
er. The officers shall be elected
viva voce at a meeting of the di-
|rectors called for that purpose. Va
cancies on the board may be filled
for the unexpired term by the re-
manning directors The board MEM
-bers may by written proxy act for
leach other at board meetings.
THE board Of directors may emf
play a general manager and
such other agents as the in
1terests Of the company may re-
quire, and discharge them at pleas
ure; each director shall own at least
one share OF stock in the corpora
9tion. Three directors shall constl-.
tute a quorum of the board for the
transaction of business, who shall s
attend in person or proxy. The
}. board of directors shall be increased
4 or decreased at the will of the j
J. stockholders as evidenced by vote
! of three-fourths of the stock at Q
I meeting called for the purpose.
ARTICLE VI.
The corporation may be dissolved
!. at any time by three-fourths vote
of the stockholders, and when it IS
dissolved, three commissioners shall
be elected for that purpose at 81
general meeting Of the stockholders.
Such cornmissio on shall liquidate the
affairs, sell the property, pay its
debts and distribute the surplus
! among the stock olders.
ARTICLE VII.
d At all meetings of stockholders
each share Of stock represented BY
the owner ii person or by proxy
shall be entitled to one vote. Stock
holders shall be notified Of meet
@[liflgs by publication for thirty days
q in weekly newspaper at Shreye-
!, port, La, and also by written notice
8 BY mail to each stockholder ten das
prior to such meeting but 1neetinsa
: may be- held without such notice
|. and delays upon waiver thereof II
: writing Of each stakeholder.
i ARTICLE VIII.
~ No stakeholder shall ever be held.
y liable for. the contracts or faults
e the corporation in any further sun
q than the unpaid balance owing on
g the shares of stock subscribed for
! by him, nor shall any mere infer
5 rnality in rganizing have the effect.
= of rendering this charter null and
y void or of exposing any stockholder|
I to any liability beyond such unpaid
3 balance.
lone and signed at Shreveport,
81 Caddo Parish, Louisiana, on this
Il .25th day of September a. d. 1913, in
d the presence Of s. q. Meyers and b.
il WayIes Browne, competent wit
# nesses and residents OF this Parish
Il and State, who shall sign with said
g appearers before me, notary, after
e due reading Of the whole.
Ii w. E GARTER.
Ell ALEX pORTEAU,
ri by w. E. Carter.
if Attest: j. j. DARBY.
e. WAYLEs BROWNE.
Sc. MEYERS.
ii ROLAND WILLIAMSON,
d Notary Public.
= Endorsed Filed and recorded
E, Sept. IS, 9f3. A.. S. HARDIN
a Deputy Clerk and ex-of1icio Deputy
,oI Recorder.
8 g1fafn sof#I at1irinua pariab re lYaff.