The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1893-06-17
THIBODAUX, La, SATURDAY, JUNE IT, 1s93

regulations that they may deem requisite
Tor the government. support and manage
ment OF the husineSS and affairs OF SAID Cor
p"ration-Said Board shall have the power
and authority To contract debts, borrow
money. issue notes. bills of exchange. acceu-
tances or bonds. execute mort cages and gpu-
orally do all things incident to the objects
and purposes of the said corporation. and
moreover, shall have power and authority t.
ISSUE and deliver full paid shares of stock OF
bonds or obligations OF said corporation in
payment for labor done, or money borrowed.
or property or ghts actually received or
purchased by said corporation.
ARTICLE vi.
Whenever this corporation is dissolved
either by limitation or from any other cause
t. affairs shall be- liquidated or settled by
three commissioners to be appointed for that
purpose by the sto, khOlders of said corpora
tion from among themselves at general
meeting To be convened for that purpose bv
the Board OF Directors or the President. or
by stockhoders representing one tenth OF
the stock, after thirty days public notice
shall have been given in ono of the newspa
pers published in the Parish of ..alourche !;
said commissioners shall remain in office un
I'll the affairs of said corporation shall have
been fully settled and iqnidated. and in ease
OF the death OF one or more OF said ccIumis-
sionerS, the survivor or survivors shall CON
tinue to act until successor shall he elected
by the Stockholders at a special meeting
called for that purpose after ten days adj
vertisement in one of the newspapers OF the
Parish of Laiourche.
ARTICLE VII.
This act OF incorporation may be clangtd d,
modified Or altered or said corporation may
be dissolved with the assent OF three tourths
OF the stock repi esented at any general
meeting of the stockholders convened for
that purpose by the Board of Directors. or
the President or by the stockholders repre-
sentlng One-tenth OF the stock, after Thirty
days, previous notice of said meeting shall
have been published in one of the uewspa-
pers OF the Parish OF Latourche.
ARTICLE VIII
No stOckhOlder shall ever he held liable or
responsible for the contracts or faults of the
said corporation in any further SUN than the
unpaid balance due the coIporati )u ON th,.
shares of stock owned by him, nor shall any
mere iniormaity i'll "rsanzatiOn have the
effect of rendering this charter null or of
exposing stockho!der to any liability be-
yond the amount of his stock.
ARTICLE
Joseph w. Libby of New Orleans, Louis
Blouin and Henry Boell both of Latour-
che have been selected and chosen lis the
first Board of Directors of said corporation,
tn serve as snch until the first Monday OF
May, 1894. or until their successors shall
have been elected and OF them Joseph w.
Libby is chosen as President aud Louis A.
Blouin az General Manager and Henry
Boell as Secretary and Treasurer to serve
for the same time.
Thus done and passed at my office in the
town of Thibo.laux. Parish Of Lafourche,
the day and month and year first above
written in the presence of Messrs John NJ.
Guardia aud Evariste Maronga two good
and competent witnesses, residing in the
said Parish, who have hereuntO signed their
names with appearers and me, Notary, after
due reading hereof. the appearers atfixing to
their names a statement of the number of
shares subscribed tor by them.
(Signed.l
JOSEPH w LIBBY 400 shares.
LOUIS A. BLOUlN 200 shares,
HENRY BOELL share.
DAVID SCALLY share.
EDWARD DOHERrY share.
EARNEST A. DEAUVAIS ! share
Witnesses -
(Sign.d) j, NJ. GUARDIA,
f. MARONGE.
(Signed) EARLE KNOBLOCH,
Notary Public.