The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1883-05-19
LAKE CHARLES CALCASIEU PARISH LOUISIANA MAY 49, 1885,
ARTICLE 21.-NoR-electi0n Of Directors on
the Dan Fired.

Inc IallufG from any cause 10 eject Dlfec-
tors on the day when such election should
have been held shall not dissolve the Corpo-
ration, but the Directors then in Office shall
hold over, provided the usual notice be i'm
mediatcly given appointing another day for
such election, which notice shall continue to
be given from time to time until the election
shall have been made.
ARTICLE 22.-Nmber Of Votes; Oue for
Each Share.
Each shareholder shall be entitled, direct
" or by proxy (at all elections for Directors
or on any matter at any meeting of the stock
holders) to one vote upon each share, pro-
yided no stockholder shall vote in his own
name over fifty votes, and provided, also,
that after the first election he shall have
owned the stock at least three months pre-
vious to voting.
ARTICLE 23.-Election Of Directors to be By
Ballot.
Every election Of Directors of this Corpo-
ration shall be by ballot and conducted by
three inspectors, to be appointed by the
Board from among the stockholders, and no
two partners shall be eligible at the same
time as Directors of this Company, nor
shall q Director of any other bank, or his
partner, be Director of this Company.
ARTICLE 24-Addttonal Raccrs Of Board Of
Directors
A majority of all the Directors elected may
Professionally accept any additional power or
privilege tnat may hereafter be conferred on
this Corporation, either by amendment under
the acts by which IL was formed or by any
new act or enactment, and may amend
these articles of Association or Corporation;
but the final adoption and acceptance OF
such additional powers orprivilege of amend
ment shall be by vote of stockholders in the
manner provided by law.
ARTICLE 25.-8toek, Notes, DC, Hon to be
Signed
The president and cashier shall sign all
contracts, notes, certificates of stock and evil
dences of debt of this Corporation.
ARTICLE 26-Htnutes to be Kept.
Minutes of all proceedings by the Board of
Directors shall be kept by the cashier and
certified by the president.
ARTICLE 27-Ltq,ddGtion Of Corp0ration-
Hour Dome
The liquidation Of the affairs of the Corpo-
ration shall be made by three commissioners
elected by the stockholders at a meeting
convened for that purpose, after three months
previous notice by publication in one or more
newspapers published in the Town of Lake
Charles, at the discretion of the Board of
Directors Each of said commissioners shall
be q citizen of the State, and not indebted to
the Corporation, and at such meeting stock
holders may Cedc to such commissioners all
powers necessary to the liquidation of the
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tnelr compensation, ueiIe tleli uuVleS anu anu
the manner III wnicn salu may
De remover ana their LeIln VI oillcc rehc"cu'
ARTICLE 2S-Lidbiiitg Of St0ckh0ticrs.
The stockholders shall not be responsible
for losses or damage incurred By said C0rpo-
ration beyond the amount of capital stock
held or owned by him or them respectively.
ARTICLE 29.-F6rJGitures.
Any st0ckholder VINO shall fail or neglect
TO pay any lhstAllment Wheh ordefe1 ny Ihe
Board OF Directors, shall forfeit to the Com
Pany all previous payments and cease to
be stockholder IN SAID Corp9ratloh'
This done and passed in the Town Of Lake
Charles, Parish of CalGasieu State Of k0gist-
ana, in my 0lhce, on the Eighth day OF May,
and William D. Mearnsg competent wit
Desses, who have signed with the parties and
me, Notary, after reading.
The words receiving deposits interllhed
on second page, line nine, OF this act Is ap-
proved before signing.
Original Signed.
J. W. BRYAN, ten shares.