The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1896-05-16

.u absolute forfeiture Of such shsrs IN
favor Of the corporation. II
ARTICLE II.
All corporate powers. and the entire
man gemsnt Of is business shall DO
vested in q Board OF Directors. to be
composed Of Ten Stockholders, six OF
whom shall constitute quorum tor the
transaction OF business. and each OF
whom shall have. In his own name. 1t
least Three shares Of stock. From this
Board Of Directors shall b chosen the
President and vice President Of this cor
porstion, said choice to b made at tho
frst meeting Of each informing Board
Of Directors. All checks. or drafts for
money shall bs drawn BY the President,
shall be entered and oountersigned BY
the Secretary. and approved BY the IRE
asurer Of the corporation.
ARTICLE x.
The following named persons shall
constitute the asrt Board Of Directors.
ard 90 continue to remain until the
First Monday Of December A. D. 1885,
and until their SUCCESSORS shall have
been elected, a. herein provided. VIZ:
Albert woodlsy. Isidors Michel.
Tele. Thibodeaux. Philippe Dstiege.
s.P. Daniel, Geo. Phillip.
IL. Francois. Emanuel Jacqust.
Adol. williams, ]. B. Daniel.
and no failure to elect shall b regarded
as forfeiture Of this charter.
| ARTICLE XII.
The Board Of Directora shall b cleo
ted BY ballot. at any election 70 be held
for that purpose on the 6rst Monday OF
December OF each succeeding year. each
share to b entitled TO one vote. to be
, cast By the owner personally. OF under
his written proxis to another share mol
der, q majority Of the votes cast elect
ing. And all vacancies occurring on
the Board shall bs oiled By the Board
from among tho stock holders. with thu
approval Of majority Of the Associs-
tion to bs expressed Ut the meeting nex'
following said Board's action.
ARTICLE XII.
There shall DO Secretary and . Ire
] asurer. both Of whom to DO named ant
: appointed by majority Of tho Board o
: Directors. whom respective salary shall
II be fixed By bylaws OF regulations Of tn
% corporation; each Of whom shall b RI
u movable at the Boards pleasure. Tn
" Treasurer shall furnish Bond. with q
curity. for the faithful performance q
all duties incumbent on him - sucl
D. said Bond to be for such sum - may b
o nxed BY the Board. and the came to b
ID approved and accepted BY them.
o. Article XIII.
d This present Charter and Act Of II
70 corporation. may b changed. modi6e
Oh or altered. or this corporation may |
, dissolved BY and with the express a
sent Of three.fourths Of the stUck.ho
dsrs. at Q special meeting Of said stoc
N holders, called for that purpose. ten da.
a. previous notice BY mail. stating the o
D. ject Of the meeting. having been give
Y" to each stakeholder.
al ARTICLE XIV.
y; No informally In the organization
- this corporation shall have the effect
annulling this Charter. or expose q
:. liability beyond the unpaid balance d.
"a on bis stock.
ARTICLE Nv.
The several Offices. % shove msntio
~. ed In this Charter, shall b respective
!" oiled, until tho next regular election I
- same, by the following named incorI
:; rators, to wit:
70 That Of President BY Philippe Dstisl
tar That Of Vice President BY Thelespho
is. Thibodesux.
nv That Of SECRETARY BY Adol. Williams
ast That Of Treasurer By N. L. Francois
.. ARTICLE XVI.
Any member Of this corporation v
may hereafter wish to withdraw. Oh
NJ. communicate bic intention to that {
fact in WYitin1 n tia B0nY6 az Dir