The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1894-09-08

| this chartcras herein provided. che follow
Ing named persons shall serve as Directors.
lviz: Jos. Il. Ransdell ae President. las. S.
Milljkin rs Vice President, Edward J. Ham
ley as Secretary and Treasurer. Said III.
rectors shall serve and hold Office until
their successors shall have been.elected and
qualified at the first annual meeting OF the
share holders as hereinahoye provided. In
case OF vacancy from death. resignation or
otherwise. the Board OF Directors shall
| elect u successor.
ARTTCL. VII
| The Board of Directors shall 1t their first
| meeting alter their own election. choose
| from their own members President. Vice
! President. Secretary. Treasurer &C., and
] shall have power 10 ill any vacancies from
any cause IN their own nnmber4 or In any
Of the offices of this Corporation; 10 make
as " ell as change, alter or repeal all such
bylaws or rules aud regulations for the
conduct and management of the business of
the Corporation as they may deem best; to
appoint from time to time such officers,
agents. clerks or other employees as they
may see fit, and the same 70 dismiss them at
! pleasure; 10 make generator special proyis-
ion for the filling of any office during the
temporary absence or Inability TO act of it's
incumbent; to borrow money; to buy
lands or timber; TO execute mortgages or
pledges; to Issue bonds or notes, ard gen.
orally 70 make all contracts whatsoever;
and TO do all things. matters and acts per-
tainine to the objects and purposes Of said
Corporation. and which may be permitted
by the laws applicable to CORPORATIONS.
And in exercising these powers the said
| Board Of Directors NAV act either sdirectly
I or through such officers or agents as they
may appoints with general or special au-
sthorlty in what relates to the administers
Ition oil the affairs aud contracts OF said cor
portion. Two members shall constitute
| q quorum OF said Board Iii case Of the alb
sence of any member of said Board he shall
have the night to choose from ansorgst the
stockholders OF this Cerporatiosl proxy to
act and vote In his stead said proxy to act
under written pro1s.raiion. s
article yrfr.
When this t,ornuraf,en IL df.en1vea NV
Limitation OF froni other causes. the affsirs
oftbe Coinpauv eball be HuI,idafed ana Il
debts and liabilities paid. and the balance
Of its funds If anv. shall be 1;yjded nrorafa
among the Shareholders irt3er The charge
AID siiperiyfeuflence II three co,nYnjssis.,-
err to lie eIec, Cd bv the r,a.,iorifr IN asnonnt
Of stockholders. 1T general lneeetinr Of
he stock holders held, Tor that nurnose.
convened after thirty DAYS, prior notice
served In. writing on eacIio Of Nnid stock.
holders by the secretary OF this Corpora
ton. Said commissioners shall remain in
Office unit. the affairs OF said Corporation
shall have beeu fifllv Hn1,f,iafcds and ~
ease Of the death Of one or more 81 said
commissioners. or any other vacancy oc-
curing in their number. those who remain
shall continue To act. Such vacancies NAV
be filed at ! general ,neefinv heIf fnr that
purpose as hereinbefore provided.
ARTICLE TX.
mod. Cd or aitere,3 ar the cnrnorasinn nav
- - I" st1f -. "sSesst ~ ttfc hstdtofft.