The Caucasian. (Shreveport, La.) 1900-192?, 1913-09-30

| houses ami other structures nnttS-
sary for carrying Oh It's business
and in general to do all acts ne,es-
| saly or eXpedlrnt for The operation
of its affairs.
ARTICLE "
The powers of this torporatlT3
shall! be vested in a board oi ,irrC-
tors composed OF nine stockholders
four of whom Shall constitute 4
quorum to transact business. hf
directors shall elect Il pres 'irllI. =
vice president. q treasurer, i >rcl'g-
tary and general manager. ttr last
two offices may be filled by one per
son. The time for the election 81
directors shall be the second Mon
day in May each year. after ten days
written notice to each sturkh0|dar.
The first board Of dirrcIn rs shall hV
as follows: Judge j. s. Steel. prrSl-
dent, b. L. Malon, Vice president:
|. L. Hale, treasurer: ). X, I.lppln-
colt, secretary and general man
ager; j. r. Morrci, O. *. Lewis, L,
H. Todd, R. f. Brown, T. G.. West.
All officers and directors shall serve
until their successors are elected.
If any vacancies occur among lil"
officers or directors the remaining
directors may fill such Vacancies.
The board of directors shall have
power to do generally all things i'll
cident to the objects and purposes
Of this corporation.
ARTICLE Y.
The capital stock of this corpur-
alton shall be one hundred and fifty
thousand $3.50, .Oo) dollars. ivld-
ed into thirty thousand shares OF
the par value Of five dollars each.
The stock shall be paid for in cash.
or upon such terms as may he fixed
by the board OF directors al the
time of subscription, Of. il may D."
issued for property, leases Or ser
vices, the value OF which shall E,A
determined by The board Of dlrer-
tors. At least one thousand shares
of the par value Of five dollars each
shall be subscribed and paid for ht,-
fore this corporation shall begin
business. No stakeholder shall he
liable or responsible for The con
tracts or faults of this corporation
in any further sum than the unpaid
balance due Oh the shares of stock.
owned by him, nor shall any mere
informally i'll organization have THE
effect of rendering this charter nnlI
and void.
ARTICLE VI. I'll.
At all elections each share CT
stock shall be entitled TO one Vote.
stockholders may vote by proN,,
duly authorized in writing; the rep
resentatlVes OF a majority Of the
stock present shall constitute (.
quorum. r. .., 4. z,a
ARTICLE VII.
This charter may be changed, al.
tered or amended, or; dissolved at J
meeting convened for that purpose
with the consent OF three-iullrttls OF
the subscribed stock OF The coin-
pany represented at such meeting.
Forty days notice in writing Of SIirh.
meeting and the purpose for Which
it is called shall BE- given each
stakeholder by mail, TO be directed
to his last known postotfice. Not!r"
of such meeting shall be published
in a newspaper published at ShrcNe7.
port, La In case Of dissolutIun OF
this corporation by limitation or
otherwise, it's affairs shall be Ii1ui-
dated by three commissioners Sc
lected by and from the Stockholders
of said corporation at a meeting
K allied after due notice for that Dt:!'-
pose.
Done and signed at my Office. II
said Parish and State, in the pres
ence of the undersigned legal we
nesses, who sign with me, said no.
tary, and said appearers, on this DE
day and date first above written. Ss'
JUDGE J. S. STEEL.
B. L. NATION.
j. w. LONG.
I. I. HALE So.
j. R. MORRILL,. ss.,.ss
O. X. LEWIS. ss.s..
T.. II. TODD.
r. f. BROWN, j,
T., G. WEST, - e,,s
by S.sRsLdppincott.
Attest: s. r LIPPINCIFT.
". A. STEPHENS. = >
F. NJ. CLINE. -.'
OTIS w. BULLnIk.t
-. Notary Public Gadtlo Parish, l.a!
Having examined the foregoing
act of Incorporation and 1indine