The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1896-04-11

an absolute forfeiture Of such share in
favor of the corporation.
ARTICLE TX.
All corporate powers, and the entire
management of its business, shall be
vested in a Board Of Directors, to be
composed OF Ten Stock holders, six OF
whom shall constitute quorum for the
transaction Of business, and each OF
whom shall have, in his own name, al
least Three shares of stock. From this
Board of Directors shall he chosen the
President and vice-P President of this cor
pOratiOn. said choice to be made at the
first meeting of each in corning Board
OF Directors. All checks. or drafts for
money shall be drawn by the President,
shall 10 entered and cOuntersigned by
the Secretary, and approved by the Ire
asurer Of the corporation.
ARTICLE
The. following named persons shall
constitute the fisrt Board of Directors,
and 30 continue to remain until the
First Monday of December A. d. 1896,
and until their successors Shall have
been elected, as herein provided. viz:
Albert Woodley, Isidors Michel,
Tele. Thibodeaux, Philippe Detiege.
S. P. Daniel, Geo. Phillip,
nj. L. Francois. Enamel Jacquet,
Adolf. Williams, J.B. Daniel.
and NO failure to elect shall be regarded
as forfeiture of this charter.
ARTICLE XII.
The Board of Directors shall be cleo
ted by ballot. at any election to he held
for that purpose on the first Monday of
December of each succeeding year, each
share to be entitled to one vote, to be
cast by the owner personally. or under
his written prOxie to another share hol-
der, a majority of the votes cast elect
ing. And all vacancies occurring on
the Board shall be filled BY the Board
from among the stock holders, with the
approval of a majority of the Associa-
ton to be expressed at the meeting next
following said Boards action.
ARTICLE XII.
There shall be Secretary and Ire
asurer. both of whom to be named and
appointed by majority of the Board of
Directors. whom respective salary shall
be fixed by bylaws or regulations of the
corporation; each of whom shall be re-
movable at the Boards pleasure. The
Treasurer shall furnish Bond, with Sc
curity, for the faithful performance of
all duties incumbent on him as such.
said Bond to be for such sum as may be
fixed by the Board, and the same to be
approved and accepted by them.
ARTICLE XIII.
This present Charter and Act of In
corporation. may be changed. modified
or altered. or this corporation may be
dissolved by and with the express as
sent of three-fourths of the stock hol-
ders. at special meeting of said stock
holders, called for that purpose. ten days
previous notice by mail. stating the OBJ
ject Of the meeting. having been given
to each stock holder.
ARTICLE XIV.
No infOrmality in the organization of
this corporation shall have the effect of
this Charter. or expose any
liability beyond the unpaid balance due
on his stock.
ARTICLE XIV.
The several Offices. as above mention.
ed in this Charter, shall be respectively
filled, until the next regular election for
same, by the following named incorpo-
ratOrs, to wit:
That Of President by Philippe Detiege.
That of Vice-President by Thelesphore
Thibodeaux.
That of Secretary by Jos. Delacroix.
That of Treasurer by NJ. L. Francois.
ARTICLE XVI.
Any member Of this corporation who
may hereafter wish to withdraw, shall
communicate his intention to that eff
feet, in writing. to the Board of Direc-
tors, at least thirty days in advance,