The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1896-04-25

no dine and exigible on any share, shall
sub;ect the owner of said share to an
additional liability of Five cents on
S,ia unpaid instalment; and any such
four successive failures shall operate as
an absolute forfeiture of such share in
favor of the corporation.
ARTICLE TX.
Am corporate powers, and the entire
management of its business, shall DE
vested in a Board of Directors, 10 dc
composed of Ten Stockholders, SIX OF
whom shall constitute quorum for the
transaction of business, and each Ol
whom shall have, in his own name, at
least Three shares of stock. FROM tnis
BOARD of Directors shall he chosen the
President and ice-President of this cor
poration, said choice to be made at the
first meeting of each in corning Board
lof Directors. All checks. or drafts fOr
money shall be drawn by the President,
shall be entered aud cOuntersigned by
the Secretary, and approved by the ire
asurer Of the corporation.
ARTICLE X.
The following named persons shall
: constitute the fisrt Board OF Directors
!. and 10 continue to remain until the
= First Monday of December A. ID. 1885,
g and until their successors shall nave
been elected, as herein provided, viz;
J, Albert Woodley, Isidore Michel.
n Tele. Thibodeaux, Philippe Detiege.
d S. p. Daniel, Geo. Phillip,
NIL. Francois, Enamel Jacquet,
Adolf. Williams, J. B. Daniel.
~ and no failure to elect shall be regarded
n as forfeiture of this charter.
= ARTICLE ri.
D. The Board of Directors shall be cleo
" ted by ballot. at any election to he held
T. for that purpose on the first Monday o.
IN December of each succeeding year, eacf
10 share to be entitled to one vote. to b
u cast by the owner personally. or unde
IL his written prOxie to another share mol
" der, a majority of the votes cast elect
vi ing. And all vacancies occurring OF
E. the Board shall be filled by the Boar
No from among the stock holders, with tn
u approval of majority of the Associa
q ton to be expressed at the meeting mex
IT. following said Boards action.
ARTICLE XII.
There shall be Secretary and q Ire
all asurer, both of whom to be named an
IT. appointed by majority of the Board
81 Directors. whom respective salary sha
gal be fixed by bylaws or regulations of Il
me corporation; each of whom shall be
OF movable at the Boards pleasure. III
Oh Treasurer shall furnish Bond, with
curity, for the faithful performance
all duties incumbent on him as sue
no. said Bo6d to be for such sum rs may
to fixed by the Board. and the same to
red approved and accepted by them.
no ARTICLE XIII.
vi This present Charter and Act OF
i"u corporation. may he changed. modif
vi or altered. or this corporation may
SIS dissolved by and with the express ;
sent of three-fOurths of the stOck-h
ders. at special meeting OF said stO
ion holders, called for that purpose. ten d;
ou- previous notice by mail, stating the
I'M ject of the meeting. having been civ
rty" to each stakeholder. ..
ital ARTICLE XIV.
~ No infOrmality in the organization
p" this corporation shall have the effect
annulling this Charter. or expose
!, liability beyond the unpaid balance {
on his stock.
ARTICLE XIV.
The several offices, as above menti
-, ed i'm this Charter, shall be respectiy
WV" filled, until the next regular election
~ same, by the following named incOr
49,; ratOrs, to wit:
n to That Of President by Philippe Detie
lfter mat vi 'lce-rresiueh' ny ihe'e'p''
dis. Thibodeaux.
nv That of Secretary by AdOl. William
hest That of Treasurer by NJ. L. FraDcOi
liza ARTICLE XVI.
Any member of this corporation '