The Caucasian., 1913-05-25
CHARTER
OF The Htlmason Patent Holding
Company.

State of Louisiana, Parish Of Cad
do: Be it remembered that on this
the 10th day of April A. ID. 1919, be-
fore me, Edward Barnett a notary
public in and for the Parish Of Cad
do and State Of Louisiana, duly
commissioned and qualified, person.
ally came and appeared the several
persons whose names are hereunto
subscribed, who declared that avail
ing themselves Of the laws of the
State of Louisiana in such cases
made and provided, they by these
presents do constitute and form
themselves, as well as such other
persons as may be associated here
after with them, into a corporation
and body polite in law, for the
business and purposes as described
and set forth herein, and under the
following articles Of incorporation:
ARTICLE I.
The name and title Of this corpor-
alton shall be The HumasOn Patent
Holding Company. Its place Of DOM
icile shall be the City Of Shreveport,
Caddo Parish, State Of Louisiana.
II shall have and enjoy succession
for a period of fifty years from date
OF this act, unless terminated sooner
for causes other than that OF linn
itation. All citations or other legal
processes shall be served on the
president, or in his absence On the
vice president or secretary in the
order named. It shall have power to
make and use corporate seal. Un-
der its corporate name it shall sue
and be sued; plead and be implead-
ed, appear, answer and prosecute in
all courts of justice. It shall have
power to buy, acquire and own pat
ents and patent rights in and to any
and all useful inventions or devices
either in the United States of Amer
ica or any foreign countries. 1t
shall have power also to operate
any such patents; to lease, sell or
otherwise dispose of any such pat
ents or patent rights which it may
have acquired. 1t also shall have,
power to manufacture, buy, lease
and sell all or any of such devices,
patents or patent rights which it,
may have acquired. !, 1t shall have
power to own and hold real and
personal property, and to sell and
dispose of same; to contract and
to exercise all powers |
which are not prohibitive under the
laws of the State Of Louisiana to
such corporations.
ARTICLE II.
The authorized capital stock Of
This corporation is fixed hereby at
pne hundred thousand dollars, di-
vided into two thousand shares OF
Lhe par value of fifty dollars. 1t
shall be authorized to commence
business and shall be a going con-
,ern whenever the sum of fifty
thousand dollars or more Of its cap
tal stock shall have been sub
,cribed for. The capital stock may
,e issued for cash or its equivalent
II real or personal property or for
abor or services performed, as may
,e approved by the board of direc-
ors. All capital stock subscribed
or shall be paid for in the follow
ng manner and time: Fifty per cent
II more shall be paid for in cash or
n property or services or labor
and the remainder onl
he call Of the board of directors.
The shares of stock of this corpora
ion shall be transferable only on
he books of this company, and no
ransfer shall be binding on this
until the same shall
ave been entered on its books. No
took Of this corporation shall be |
old by any holder thereof in open
market except after ten days prior
lotice of intention to sell has been
iven the company, during which {
ime the other stockholders shall
ave the privilege Of purchasing the t
anne, and this clause shall be print I
on the face Of each certificate of :
lock issued by the company. Ii
ARTICLE III. 1t
The corporate powers Of this COR
Grafton shall be vested in and ex- 9
rcised by a board of directors con- s
sting Of seven-of its stockholders.
,ur of whom shall constitute a
uorum. The first board of directors
] hereby declared to be ]. l.. KIM $
ell, G. w. Robinson, J. c. Willis, w. !
. Young, A. D. Keeney, g. A. HUI g
lason, A. b. Nelson. OF this board G
C. Willis shall be president; G. A. e
umason, vice president; w. l.. lG
Dung, treasurer, and A. d. keeney d
,cretary. The said officers and di- h
sctors shall hold Office as such un- {
I II