The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1893-05-20

pleasure such officers, clerks or agents as
may be deemed necessary for the purposes aud
business of said corporation.
Said Board of Directors may make and
establish as well as alter and amend from
time to time any and all bylaws. rules and
regulations that they may deem requisite
Tor the government, support and manage
meht OF the business and affairs OF SAID Cor
poration-Said Board shall have the power
and authority to contract debts. borrow
money. issue notes. bills of exchange. accep-
tahees orlbonds execute mortgages and gen
orally do all things incident to the objects
and purposes of the said corporation, and
moreover, shall have power aud authority to
issue and deliver tnll 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,
1T affairs shall be Hquidated or settled by
thfee commissioners to be appointed for that
purpose by the stoc kholders of said CORPORA
tlon from among themselves at general
meeting to be convened for that purpose by
the Board of Directors or the President or
hy Stockholders representing one tenth OF
the stock, after thirty days public notice
shall have been given in one OF the newspa
pers published IN the Parish of .-afuurche :;
sad commissioners shall remain in Office un
til the affairs of said corporation shall have
been fully settled and liquidated, and in ease
of the death OF one or more of said ccmmis-
s:oners, the survivor or survivors shall con-
tinue to act until ii successor shall be elected
by the stockholders at IL special meeting
cGlled Tor that purpose after ten days. adj
vertlsement In one OF the newsp 4pers of the
Parish of La1ourche
ARTICLE VII
This act of incorporation may be changed,
modified or altered or said corporation may
be dissolved with the assent of three -fourths
OF the stock repl esented at any general
meeting of the Stockholders con VeneG for
that purpose by the Board of Directors. or
the President or by the 81 tock holders rep e.
senting one-tenth OF the stock, after thilty
days previous notice of said meeti shall
have been published in one of the ncw>pa,
pers of the Parish nt Latontche.
ARTICLE VIII,
No >tOckholder shall ever he held liable or
respnnslbe for the contracts or faults of the
said corporation III any turther sum than the
unpaid balance due the corporation on the
shares of stock owned by him. nor shall any
mere lnforinality in organization have the
effect of rendering this charter null or of
exposing il stakeholder to any liability be-
you'd the amount OF his stock.
ARTICLE IN.
Wilson Leplne. Frank Barker and Alexan
DIRE Theriot have been selected and chosen
as the first Board Of Directors of said corpu-
ration to serve as such until the f}rst Monday
of May 1894 or until their successors shall
have been elected and OF them Wilson Lepine
is chosen as President and General Mana GER
and Frank Barker as Secretary and Treasur-
er to serve for the same time.
Thus done and passed at my Office in the
Town of ThibOdaux. Parish OF Latourche
the day and month and year first above writ
ten III the presence of Messrs. Hercules Dau-
sereau and Taylor Beattie, good and coupe
tent witnesses, residing in the said parish,
who have hereunto signed their names with
appearers and Inc the Deputy Clerk, EX-Of.
tclo Notary, after due reading hereof, the ap-
pearers affixing to their :Iames a statement
of the number of shares subscribed for by
them.
Original signed
WIS SON LEPINE 13shares.
FRANK BARKER 73 shares
E. G. ROBICHACX ] share.
ALEX THERlOT share
il. LEBLANC !. share
C.. BARKER |. share.
Witnesses
II. DANSEREAU,
TAYLOR BEATTIE,
r. f. LEGENDRE.
D'y Clerk, Ex Ofiicio Not'y Pub