The Opelousas courier., 1882-10-21

granted corporations under the avs of the
State OF Louisiana.
SEC. 2.-Its domicil shall be the town Of
Opelousas, and process or citation shall be
served there on the President of the Ass0cia,
ton, and in his absence, on one of the Vice
ART. Ill.
Sec. 1.-The capital stock of this Associa-
ton is hereby fixed at $40, 900. 90 tten thousand
dollars) represented by -four hundred shares
of $25. 90 (twenty-five dollars) each, with tho
right to increase said capital stock to 500, 000.0
twenty thousand d~ollars) with representation
by eight hundred shares.
SEC. 1.-The manner of subscription shall be
as follows, to-wit: One-fifth of the shares
taken to be paid October the first 1882; one
fifth to be paid January tho first 1888; one
fifth to be paid April first 1888; one-fifth to be
paid July first 1883, and the remaining one
fifth to be paid October the first 1883; said
shares to bear eight per cent per annum inter
est from the first day of October, A. D., One
Thousand Eight Hundred and Eighty-three,
and secured by special mortgage and privilege
on all property of tho Association, which is
hereby granted all shareholders by the incor.
poratOrs hereof.
ART, ".
SEC. 1.-The Officers and Directors of this
Association to serve until March nineteenth,
1888, being the third Monday thereof, shall be
as follows, to-wit: Leonce Sandoz, President:
Claudius Mayo and w. Charles Perrault, Vice.
Presidents; H.. r. Estorge, Remi Mornhinveg,
E. nj. Boagni, Alphonse Levy, Sol. Bloch, Jas.
o. Chacher6, Walton A. Sandoz, M. Vilaseca.
Directors; and from the eight last named Di-
rectors there shall be elected by the Board of
Directors, @ Secretary and d Treasurer, who
shall serve with the President and Vice-Presi-
dents until said third Monday of March, 1883.
Sec. Pit shall be the duty of the Board of
Directors to meet once every month, and con-
ri CtrnI f &c TNn Io bray% -
them by the Fire companies composing this
Association, and for all business within their
jurisdiction
SEC. Sat all general, stated or Icalled
meetings of the Association, every member in
good standing present shall have one vote on
all questions, except when voting for Presi-
dent or on a tax either on the shares or on the
members for any purpose whatever; when, in
such cases, every member present shall have
one vote for every share he holds personally !:
proxies in nc case shall be recognized.
e Amy member of the Fire Association
whe, for any cause whatsoever, shall be sus-
pended by his own company, shall also be sus-
pended in the Association until reinstated by
his own company; and in case of his expu1-
sion therefrom, said member sha1l also forfeit
his membership in the Firemen's Association !;
and in such case, he shall be notified by the
Secretary to present his shares to the Treas
urer within thirty days, who shall redeem the
SdIuo u VI OILY uAu Ill UuC AEttbSuEf.
Sec. 5.-The Firemen's Association shall
meet semi-annually for the transaction of it's
regular business, and to receive the reports of
the Board of Directors, and at any or all other
times that the Board of Directors may deem a
meeting of the Firemen's Association neces-
sary.
SEC. 6.-The Board of Directors shall call
special meetings whenever they deem it neces-
sary, by notifying the Secretary of each COM
pany composing this Association of the object
and time of such meeting at least one week
before such meeting and it shall be the duty
of each Secretary of said companies to give
timely notice to every member of the said
companies belonging to this Association of
such meeting, time and place.
ART. v.
GENERAL PROVISIONS.
Sec. 1.-The property acquired ty this Asso-
citation shall remain its property during its
existence, and should it forfeit its charter it's
property shall become the property of the
Town of Opelousas, La, provided all it's debts
are ~liquidated and paid.
Sec. 2.-This Association shall set aside all
money accruing from the rent of the Hall
and other such revenues as may hereafter be
for the purpose of paying the interest
on the shares, said interest to be paid semi
annually at the Office of the Treasurer of this
Association.
Sec. 3.-In case of failure on the part of any
to pay the installments on the stock
or shares owned by him, as required in Article
III, the Beard of Directors shall have the op-
ton, after thirty days written notice to the
delinquent, of FORGETTING his shares and the
amount previously paid thereon and no mem
Der of the Association shall, when delinquent
Or in default, have the right to vote.
Sec. AL rules relative to the declaration
Of dividends, as we'll as the bylaws, rules and
regulations for the government of the Associa-
lion, shall be created by the Board of Direct
,rs but said bylaws, rules and regulations
shall be subject to repeal, modification or
by a majority of the stock and men,
Ders of the Association.
E 5.-No stakeholder shall be held liable
II responsible for the contracts or faults of
he Association in any further sum than the