The Caucasian. (Shreveport, La.) 1900-192?, 1913-06-26

one hundred and twenty-five thous-
and dollars, div ided into six thouS-
| and two hundred and fifty shares OF
| the par value of twenty dollars each,
| and it shall commence business and
| become going concern whenever
| twenty-five thousand dollars Of It's
capital stock is paid in, and no stock
| shall be issued until fully paid for,
| and when issued shall be fully pad
and on-assessable and may be paid
for in money, property or labor
| done for the corporation, and the
valuation placed by the board of d.
reeiors on property. or labor done,
| shaft be final and conclusive.
ARTICLE ".
| The affairs of this corporation
shall be managed and controlled by
a board of directors consisting OF
| nine stockholders, of which three
shall be a quorum, to be elected at
a general stockholders meeting held
| on the first Monday in June of each
| year, and who shall hold their once
| for one year, or until their success
| sors are elected and installed. Until
| the election in June 1914 the follow
| ing shall constitute the board Of di-
| rectors, to-wit: L. R. MOOring, who
| shall be president; G.. w. Hardy, who
| shall be vice president, j. h. Nail,
who shall be secretary and treasnr-
| er, and Albert Nj. Keen, Joseph b.
Long. C.. w. Breech, J. ID. Wilkinson,
IL. p. French and w. +. Shaw The
| board of directors shall have power
and authority to make such rules,
regulations and bylaws as to them
seem best, and same to change or
alter at pleasure, and with power to
employ and discharge at will any
clerks, managers or other employees
as may be needed in the administra-
ton of the company Any vacancy
occurring in said board shall l'e
filled by the remaining directors
electing a stakeholder to fin the un-
expired term.
ARTICLE V.
The charter may be amended, al
tered, or this corporation may be
dissolved on a vote of three-fOurths
of the stock voted at meeting
called for that purpose, in the man.
ner required by law, and at all
!, stockholders meetings each share Of
stock shall be entitled to one vote
70 be cast by its owner in person, or
by written proxy; provided that
nothing herein shall prevent said
stockholders by unanimous consent
waving such notice and holding a
Injecting without any notice at all,
except as otherwise provided by law.
, Whenever this corporation is dis
solved by limitation or otherwise its
, affairs shall be settled and liquidat-
ed by two liquidators elected for
that purpose, who shall give such
q bond and perform such duties as
t may be prescribed by the stockhold-
e ers electing them.
Il ARTICLE vi.
d No stakeholder of this corporation
y shall ever be held liable for the con-
tracts or faults thereof in any other
\ sum than the unpaid balance due on
his stock, nor shall any mere infOr-
mality have the effect of rendering
this charter null or exposing any
stakeholder to any greater loss than
'. the value of his stock.
Done and signed on this the t4th
l. day of June 1913, in presence OF the
Il attesting witnesses, and after the
r., name of each stakeholder is stated
r the number of shares of stock sub
I'd scribed for by him, which shall con-
F. stitute a subscription list to the
1T capital stock of this corporation.
B. ALBERT M. KEEN.
1e w. F. SHAW.
Id J.P. FRENCH.
a.. ]. r. NAIL.
o. JOS. B. LONG.
ne C. w. BREECH.
tie f. r. MOORING
al CHARLES w. HARDY.
ely Attest: J. d. WILKINSON.
n B. BUCKLEY.
us T. ALEXANDER.
ash ALBERT L. ALEXANDER,
ayl Notary Public
TN Having examined the foregoin
dy charter and act of incorporation all
'r- finding nothing therein contrary
OF law, | hereby approve the sam
Il, Given under my hand officially o
this t4th day Of June 1913.
Or w. A. MABR1,
ort District AttOrne
Or Endorsed: Filed and recorded Jul
ioy AZ 1914 s. O. WILLIAMS,
fly Deputy Clerk and ex-Officio Depu
18th Recorder.
of o,,iuinna DorIgh nj Tat