The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1896-05-23

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favor Of the corporation.
ARTICLE X. Il
All corporate powers. and the entire
management OF It's business, shall be
vested in q Board Of Directors. to be
composed Of Ten Stockholders. six OF
whom shall constitute quorum for the
Transaction Of business. and each OF
whom shall have, in his own name. at
least Three shares Of stock. From this
Board of Directors shall be chosen the
President and vice. President Of this cor
poration, said choice to be made at the
flrst meeting Of each incoming Board
of Directors. All checks. or drafts Tor
money shall be drawn by the President,
shall be entered and couutersigned by |
the Secretary, and approved by the IRE
asurer Of the corporation
.. .... ARTICLE
The following named persons shall
constitute the Hsrt Board Of Directors,
and 90 continue to remain until the
First Monday of December A. D. 1885,
and until their successors shall have
been elected, as herein provided. viz:
Albert woodley. Isidore Michel.
Tele. Thibodesux. Philippe Detiege.
S.P. Daniel, Geo. Phillip,
NJ. L. Francois. Emanuel Jacquet,
Adol. Williams. j. B. Daniel.
and no failure to elect shall be regarded
az forfeiture Of this charter.
/ Article XII.
The Board Of Directors shall be cleo
ted BY ballot. at any election to be held
for that purpose on the nrst 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, majority of the votes cast elect
ing. And all vacancies occurring on
the Board shall be oiled BY the Board
from among the stock holders. with the
approval Of 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 ant
: appointed by majority Of the Board o.
Directors. whom respective salary shall
u be fixed BY bylaws or regulations Of tn
corporation; each Of whom shall be re
Z movable at the Boards pleasure. Tn
u Treasurer shall furnish Bond, with &c
curity, for the faithful performance o
all duties incumbent on him as such
, said Bond to be for such sum rs may b
o Hxed by thu Board. and the same to b
d approved and accepted by them.
D. ARTICLE XIII.
,! This present Charter and Act OF In
q corporation, may be changed. modi6e
IL or altered. or this corporation may b
! dissolved by and with the express as
sent Of three. fourths Of the stUck-ho
ders. at a special meeting Of said stool
n holders, called for that purpose. ten day
J. previous notice by mail. stating the oil
J. ject Of the meeting. having been give
," to each stakeholder.
al ARTICLE XIV.
=; No informally in the organization {
!, this corporation shall have the effect {
anDulliug this Charter, or expose an
=, liability beyond the unpaid balance du
"a on his stock. f,...f.
ARTICLE xv.
The several Offices. a. above mention
>, cd in this Charter. shall be respectivel
~ filled, until the next regular election (,
!, same, by the following named incorp
), rators, to wit: ..
IN That Of President BY Philippe Detieg
ar That Of Vice President BY Thelesphol
h. Thibodeaux.
hv That Of Secretary by Adol. williams.
st That Of Treasurer by NJ. L. Francois.
A. ARTICLE XVI.
Any member Of this corporation wi
may hereafter wish to withdraw. sha
Ia communicate his intention to that 9