The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1893-05-13

! pleasure such officers, clerks or agents as
may be deemed necessary for the purposes ant
business OF said corporation.
salu Board OF Directors may make ant
establlsh as well as alter and amend from
| time to time any and all bylaws, rules and
| regulations that they may deem requisite
1or the government, support and manage
ment of the business and affairs of SAID Co,.
poratlon-Said Board shall have the power
! and authority to contract debts, borrow
| money. issue notes, bills of exchange accep
tances orlb0nds execute, mortgages and gen
orally do all things incident to the objects
and purposes of the said corporation, and
moreover, shall have power and authority to
| issue and deliver full paid shares of stock or
| bonds or obligations OF said corporation in
| payment for labor done, or money borrowed,
or property or rights actually received or
purchased by said corporation.
ARTICLE vi.
Whenever this corporation is dissolved
either by Limitation or from any other cause,
it affairs shall be liqudated or settled by
thfee commissioners to be appointed for that
purpose by the stockholders of said corpora
ton from among themselves at general
meeting to be convened for that purpose bv
The Board of Directors or the President or
by Stockholders 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 ..afourche /;
said commissioners shall remain in office un
I'll the affairs of said corporation shall have
oeen fully settled and liquidated, and in case
OF the death OF one or more of said ccmmis-
sioners, the survivor or survivors shall con-
tinue to act until successor shall be elected
by the stockholders AT special meeting
called for that purpose after ten days. adj
yertlsement IN one OF the newsp apers of the
Parish Of Latourehe.
ARTICLE VII.
This act of incorporation may be changed.
modlhed 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-
senting One-tenth of the stock, after thirty
days previous notice of said meeting sha |
have been published in one of the uewspa.
pers of the Parish of Latourcle
ARTICLE VIII,
No stockholder shall ever be held liable Or
responsible for the contracts or faults of the
said corporation in any further sum than the
unpaid balance due the corporation on the
shares OF stock owned by hiln nor shall any
mere inlormality in organization have the
effect of rendering this charter null or of
exposing a stakeholder to any liability be.
yond the amount of his stock.
ARTICLE TX
Wilson Lepine. Frank Barker and Alexan
DIRE Theriot have been selected and chosen
as the first Board Of Directors of said corpo-
ration to serve as such until the first Monday
Of May 1894 or until their successors shall
have been elected and OF them Wilson Lepine
is chosen as President and General Manager,
and Frank Barker as Secretary aad Treasur-
er to serve for the same time.
Thus done and passed at my office in the
Town OF Thibodaux, Parish of Lafourche
the day and month and year first above writ,
ten IN the presence of Messrs. Hercules Dan
scream and Taylor Beattie, good and compe-
tent witnesses, residing in the said parish
who have hereunto signed their names with
appearers and me the Deputy Clerk, Ex-Of
ticlo Notary, after due reading hereof, the ap-
pearers affixing to their aames statement
OF the number of shares subscribed for by
them.
"Origlnal signed"
VII SON LEPINE 73 shares
FRANK BARKER 70 shares
E. G. ROBICHAUX share.
ALEX THERlOT share
J. l.. LEBLANC share
G. j. BARKER share.
Witnesses:
H. DANSEREAU.
TAYLOR BEATTIE,
2. f. LEGENDRE.
D'y Clerk. Ex Ottio Not'y Pub.