The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1883-06-09
ARTICLE 21.-Non-electiOn Of Directors on
The DaN HLed

The failure from any cause to elect Direc
tors on the day when such election should
have been held shall not dissolve the Corpo
ration, but the Directors then In office shal
hold over, provided the usual notice be i'm
mediately given appointing another day fOI
such election, which notice shall continue to
be given from time TO time until the election
shall have been made.
ARTICLE 22.-Nuniber Of POtes; Que for
Each Share.
Each shareholder shall be entitled, direct
ly or by proxy, lat all elections for Directors
| or on any matter at any meeting Of the stock
| holdeTs) to one vote upon each share, pro-
Vided no stakeholder 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 28.-E1ectiOn Of Directors 10 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 a Director of any other bank, or his
partner, be Director of this Company.
ARTICLE 4.-AddhioHd B,cerS Qt' Board Of
Directors.
majority OF all IDe directors elected may
Professionally accept any additional power or
privilege that may hereafter be conferred on
this Corporation, either by amendment under
the acts by which II 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 privilege of amend
ment shall be by a vote Of stockholders IN the
manner provided by law.
ARTITI Il 9JueE Mites T. JIn,o IN h
SigSeed
The president and cashier shall sign all
contracts, notes, certificates of stock and eVi
dences of debt of this Corporation.
ARTICLE 26-MiHuteS 10 be Kept
Minutes of all proceedings by the Board of
Directors shall be kept by the cashier and
certified by the president
ARTICLE 27.-LtguiddtiOn Of C0rpOrdtiOn-
HO1 DOne
The liquidation of the affairs of the COTpO-
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 a citizen of the State, and not indebted to
the Cooperation, and at such meeting stock
holders may cede to such commissioners all
powers necessary 10 the liquidation Of the
affairs of the corporation, may fix their term
Of office, limit the period of liquidation, fix
their compensation, define their duties and
the manner in which said commissioners may
be removed and their term or Office renewed.
ARTICLE 2S.-Lidbiiity Of StockhOldGs.
The stockholders shall not be responsible
for losses or damage incurred by said COrpo-
ration beyond the amount of capital stock
held Or owned by him or them respectively.
ARTICLE 29.-F0Jeit,Wcs.
ANY stOckbOlder who shall fail or neglect
to pay any iB5tallmeut when ordered by the
Board Of Directors, shall forfeit to the Com
PaDy all previous payments and cease to
be a stakeholder in said Corporation.
This done and passed in the Town of Lake
Charles, Parish Of Calcasieu, State of LOuisi
ana, in my office, on the Eighth day Of May,
A. D., 1888, in presence of Harrison c. Drew
and William D. MeaTns, competent wit
nesses, who have signed with the parties and
me, Notary, after reading.
The words ssTeceiEing deposits" iRterlined
on second page, line nine, of this act is ap
proved before signing.
Original Signed.
J. ". BRYAN, ten shares.
WILL W. FLANDERS, ten shares.
DAN'L J. COOS, ten shares.
J.. KAUFMAN, ten shares.
+. A. GALLAUGIIER, ten shares
WIN. MEYER, ten shares.
GABRIEL a. F0URNET, ten shares.
Attest
II. C. DREW,
WILLIAM d. MEARNs.
]. BEN KIRKMAN,
lSeall Notary Public.