Madison times. (Tallulah, Madison Parish, La.) 1884-1???, 1884-07-12

.,a I.;uca.,.. restr..: lie dvt.'s AMI p"W"'' .
nT all officers OF the Company. ihr'e "i tn'
Directors shall consulate a quorum i"E ti'
transaction Of business and any NA'I"'H
which may occur in any Board from "e'," W
resign alton shall be filed by the EA''u'NI
to,nnittre They shai! nj regular annual
meetings elect one Oi the Riart ot pilctt"i]
to lac Pres drnt u; the Corporation an" 9';''
ais, eject y Secretary and TREASURER wa"
sh,l rive. such bonds a. the Executive Tom
uittce shall require g.,
bol,irrs Shall at the same meeting elect three
of said Directors To serve as an Executive !
Committee and This Executive COMMITTEE
shall exercise between the meetings 'i 'hr
Directory all the powers 81 ire Dr'r,ih
itself. All officers of the Corporation shaii
hold heir offices until their Successors afc
duly elected and Qualified
ARTICLE, V.
No stockLolcr shall ever be liable or
| responsible for The contracts or iaIii's
/ of said corporation in amy further sum
than the unpaid balance due inc
company on the shares owned by nm
nor shall any mere informally Ill or
yauization have the effect of render
| inv This Charter null. or of exposing
any stakeholder to any liability be-
youd the amount Of his unpaid stock.
y
ARTICLE,VI
No stock, bonds, notes, contracts
and similar obligations ofthis conpa--
nv shall be binding and of force and
effect against the company unless sign
ed by the President, oounterslgned Dy
the Secretary, and stamped with the
seal of the company.
ARTICLE, VII.
This act of incorporation may be
changed. modified. or altered. or said
COMPANY NAV be dissolved with the
assent of two-thirds. in amount, OF the
capital stock thereof, at any general
meeting convened for such purpose
after three months notice given In the
principal or official newspaper pub
: iished in the parish Of Madison, Lou
r isiana.
= ARTICLE, VIII.
e Books ofsubscription shall be open
u cd by some one of the said lncOrpo
n rators, within ninety days from tn
i. date hereof, at the dOmicile of tn
company, and said Corporation shal
he authorized 10 commence busi
ness when so much rs Fifty Thousan,
II Dollars shall have been subscribed
= and ten per centum thereof paid II
l. and said Corporation shall have tn
V right to receive in payment for sue
subscription to its Capital stock, ltes
or Personal property, or work don'
ARTICLE, TX.
Whenever this Company shall b
dissolved either by limitation or frol
any other cause, its affairs shall
Inundated under the superintendent
oftwo Stockholders, to he appointc
by the board OF Stockholders, for thu
purpose to be governed by SUCH ruiz
and regulations rs said Board
Stockholders hall impose at the tin
ID of their selection and appointment
\. ARTICLE, Y.
IRE Murray +. Smith; Geo. &. Waddi
lid J. III. ID. Bowman, Albert L. Gibso
he Geo. A. Waddill and ALI. Ii. Pittnl,
~ have been selected and named as Il
I'm first Board of Directors of said Coz
Nv panv and shall serve a. such until 4
nh. fifteenth dav ofJuly \. ID. 1891 or un
ing their successors shall have been ele'
I've ed.
t rks This done and passed at Tallula
do in the Parish of Madison. state
her Louisiana, in presence of John L. II
ted gan and Rob't Il. Scott competent "
IRA. nesses who sign with said part
=, and me said Notary ON the day a
80 date first herein written after d
reading hereof. ,,,
MURRAY f. SMITH,
it's jill. ID. BOWMAN,
atc E.C CARROLL.
the GEO. &. WADDILl.,
70 EUG. MARTIN,
'"e ALI. i. PTrTMAN,
and I'm. DAWSON.
ars. NOTARY PUBLIC.
"hn Attest.
zen. JIG. Raglan,
, OF r.. Il. SCOTT,
are