The Opelousas courier. [volume] (Opelousas, La.) 1852-1910, 1883-09-29

manded by installments, any subscriber to
the capital stock who shall fail to pay such
instalments within thirty days after the date
fixed for such payments, shall forfeit all IN
stallments previously paid without any iur-
ther notice or default.
Art Fifth The business affairs OF SAID cor
poratien shall be under the superintendent
and management of a President, Nice-Presi-
dent, Treasurer, Secretary, and three mem.
hers. who together shall constitute Beard OF
Directors, and be elected annually on the first
Monday in September of each year. Each
shall own in his own name enc share OF the
capital stock OF said corporation, and they
shall hold their offices until their successors
are duly elected and qualified. All elections
shall be by ballot, and conducted under the
/ supervision of three members to be appointed
! by the President for such purpose. And IN
| the event of any of said commissioners OF
election declining or failing to attend such
| election the President'shall appoint others to
/ fill their places. A failure to elect Board OF
| Directors on the day named for that purpose
shall not dissolve this corporation or forfeit
it's charter; but the directors in office shall
continue to exercise their duties until their
successors shall have been elected and lnduct,
| ed into office; and new election shall be held
within thirty days after the hereinafter specl-
| fed date fixed for such annual election, and
| ten days notice shall be posted in the rooms
! of the Exchange. Each member of the EX-
change shall be entitled to one vote, and the
majority of votes cast shall be requisite ter
| an election. Four of the said directors shall
| constitute a quorum for the transaction OF
business. Any vacancy that may occur III the
Board, from any cause whatever, shall be filled
| by election by the members OF the Exchange.
| Art. Sixth. - Whenever this corporation
| shall be dissolved, whether by limitation, for
feiture, act, or otherwise, its affairs shall be
liquidated under the superintendence OF ~
three stockholders to be appointed for such
purpose by the Exchange, who shall remain
| in office until the affairs of said corporation
shall have been finally settled and liquidated;
and in case OF any vacancy from any cause
| whatever the remaining members shall con
| tinue to act.
| Art. Seventh. - This act of incorporation
may be modified, changed, or altered, or said
corporation may be dissolved, with the assent
of three-fourths of the members of the Ex
| change at general meeting, convened for
such purpose, after thirty days previous no
tice Of such meeting shall have been given in
| the newspapers published in the town OF
| Opelousas.
Art. Eighth. No stockholder shall ever
| be held liable or responsible for the contracts
or faults of said corporation in any further
| sum than the unpaid balance due to the eerpo
ration on the shares of stock owned by him
nor shall any mere informalty in organizing
| have the effect of rendering this chartor null
or of exposing any stockholder to any liability
beyond the amount of his stock.
Art. Ninth.-The first Board of Directors, to
serve until the first Monday in September
| 1884, Tor until their successors shall have been
elected and inducted into office,l shall be com
posed of the following named persons, to-wit
Joseph Bloch, as President; Chas. N. Ealel
as Vice President; Etienne Latreyte as Treas
urer Henry E. Estorge as Secretary; together
with Joseph Lassalle, Theodore Chachere and
AIphonse Levy.
| Thus done and passed at my Office, in the
town of Opelousas, La, in presence OF JAS. Y
| Chachere and Jules Gil, competent witnesses
| who sign hereunto with said parties and me
| said notary, on the day and date aforesaid.
| Original signed) r. MoRNHINyEG,
| SOLOMON LOEB,
| H. E. EsToRGE,
THEODORE CHACHERE,
CHAs. N. EALER,
E. LATREYTE,
! j. LAsALLE,
ALPHoNsE LEVY,
j. BLOCH,
| C.. DIETLBIN.
Witnesses: James o. Chachere, Jules Gil.
w. G. PERRAULT, Not. Pub.
Having carefully examined the foregoing
act of Incorporation and finding all its pro
visions legal, and not contrary to the lawt
and Constitution of Louisiana, / approve the
Same. Opelousas, La. Sept. oath, 1888.
f. FERREoL PERRoDIN, District Attorney
Thirteenth Jud. Dist. of Louisiana
State of Louisiana, Parish of st. Landry.-I
Gustave E. Fentenot Dy. Clerk and ex. officit
Dy. Recorder, in and for the above State ant
parish, do hereby certify that the above and
foregoing is true and correct copy of the eri
ginaI act of incorporation sn file and of recorC
in nay office, duly recorded September Oath
1888, in Miscellaneous Book No. 8, at page!
%, %, "a and IS. Witness my hand and sea-
of office at Opelousas, La, this 25th Sept. 1888
Gus E. FoNTsNoT, Dy. Clerk,
se29-5t & eX-officio DIV. Recorder.