The Caucasian. (Shreveport, La.) 1900-192?, 1913-05-04

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divided into one thousand shares OF
The par value of one hundred dol
lars per share. This corporation is
authorized to commence business
whenever ten thousand dollars OF
capital stock is subscribed tor ana
maid in cash OF its equivalent. NO
stock shall be issued until the same
is fully paid for, but stock may peAI
issued in payment of property, rev
or personal, or for services rendered.
to the corporation, as may be deter
mined by the stockholders. NO SAFE
of stock by any stockholder III tnls
corporation shall be valid unless the
same shall have first been offered
to the remaining stockholders for
neriod of ten days at price equal
to any bona fide offer made for
same. or, in lieu thereof, at its book
value; such offer to be made IN
writing addressed to the president
of this corporation. And this limlta-
ton as to the sale of stock shall be
incorporated in all certificates OF
stock issued by this company.
ARTICLE ".
All of the corporate powers OF
this corporation are hereby vested
in the president, who shall manage
the affairs of the corporation with
out let or hindrance on the part OF
any stakeholder thereof; being vest
ed with full power and authority to
do any and every act which board
of directors of the corporation
should perform under the laws OF
the State of Louisiana. The presi-
dent shall hold office at the pleasure
of the stockholders. Until his sue
cessor shall have been elected and
qualified, H. L. Heilperin shall be
president of this corporation. The
president shall have power to select
and appoint such other officers as
he may desire, all of whom shall
hold office subject to his pleasure.
ARTICLE V.
Whenever this corporation is dis
solved by limitation or otherwise,
its affairs shall be liquidated by two
persons selected for the purpose at
a stockholders meeting duly held;
and said liquidators shall perform
such services and give such security
as the stockholders may require.
ARTICLE vi.
At all meetings of the stockhold-
ers each share of stock shall be en-
titled to one vote, to be cast in per-
son or by proxy. When not other
wise provided by law, all stock
holders to be notified ten days prior
to any meeting of stockholders by
letter addressed to them at their
usual postoffice address.
ARTICLE VII.
No stakeholder of this corpora
ton shall ever be held liable or re-
sponsible for the contracts or faults
thereof in any further sum than the
unpaid balance due the company on
their stock; and no informally in
organization shall have the effect.o e
rendering this charter null or of
posing it's stockholders to any loss
beyond the amount of their capital
stock.
In witness of which the parties
have signed this instrument in the
presence of me, notary, and }. A.
Thigpen and Miss C.. Keller, COM
petent witnesses, on this the goth
day of April 1913.
H. L. HEILPERIN,
WHEELER SHROPSHIRE.
M. BLUESTEIN.
Attest:
C. KELLER.
j. A. ,THIGPEN.
S. L. HEROLD,
Notary Public.
!. Endorsed: Filed and recorded May
z, 1913. s. o. WILLIAMS,
Deputy Clerk and ex-Officio Deputy
Recorder.
State of Louisiana, Parish of Cad
DO: | hereby certify that the above
and foregoing is a true and correct
copy OF the original act as the same
now appears on file and of record in
my office. Given under my hand and
seal Of office this End day of May
1913. S. o. WILLIAMS,
Deputy Clerk and ex-Officio Deputy
Recorder. IA.