The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1897-07-03
So Per Year
CHARTER.
Continued from FIRST Page.

cessary. provided that no sale OF the entire
propertyaf the con,nany or rights or fran
chises or d cansolidatin" with ary other cor
pOration shall be made without the consent
of three-fOurths Of the stock holders obtained
at a meeting called for that purpose. and
they shall have power from time tn time to
:, amend, alter, revoke the said bylaws. rules
and regulations. as may seem best to them.
ARTICLE VIII.
The majority of said hoard of directors
shall constitute a quorum for the transaction
of it's business, AMI al elections for directors
snail be by hollet Each and every stock
holder shall he entitled 70 one vote, in per
son or by proxy. for each share of stock held
bv him for ninety 1907 days prior TO said cleo
ton.
ARTICLE TX.
Tpon the requisition OF one fifth of the cap
itai stock. it shall he the duty of the board
of directors to call a meeting of the stock
holders for the purpose OF changing and
amending this charter, and for that consider
alton. three-tourths OF THE capital stock shall
be obtained and shall he required in order
to effect such amendment or ch ange in this
charter, and all other questions and matters
arising at such meeting shall be determined
by the majority of the stock there present
and voting.
ARTIt LE X.
The annual nesting Of the stockholders for
the election of directors shall he held on the
second Tuesday of t e month of Ftbraary.
each year.
ARTICLE XI.
No stockholder shall he held responsible
and liable for The contracts and obligations
OF this corporation in any other sum than the
NNnpaid balance or balances due the company
on shares of stock held by him. nrr shall any
lnturmality in organization have the effect of
%apnnlling this charter or Of exposing stock
holders to any LIABILITY beyond the amount
remaining unpaid on theil stock subscription
ARTICLE XII.
R. M. Quigly. Edmund P. White, Samuel
N. Lee. Edward keogh and Frank Mathews
are hereby constituted the first beard of diree-
tors Of this corporation and r. NJ. Qnigley is
constituted the first president; Edmund P
White its first vice president Samuel N.
Lee it's first treasurer and Frank Mathews
its first secretary, who shall hold their Office
until the second Tuesday of February next. or
until their successors shall have been duly
elected and qualified under this charter.
ARTICLE XIII.
This corporation may be dissolved at q gem
eral meeting Of stockholders convened for
that purpose with the assent OF a majority Of
the stock present or represented at such
meeting. and in ease of such dissolution, the
liquidation shall be conducted by three com
mlssloners elected by ballot at a special
meeting held for that purpose.
Thus done and passed at the Office OF this
company. at Donaldsonville. Ascension par
ish, Louisiana. in the presence of j. Walter
ComstoCk and John Forcha, lawful and com
petent witnesses. residing in said parish and
state, who. together with the parties. have
hereunto signed their names with me-. notary,
on the day, month and year herein first
written.
Original signedl EDMUND P. WHITE.
K. II. QUIGLEY.
by Frank Mathews,
s. n. LEE,
Bv Frank Mathews
EDWARD kEOGH,
BY Frank Mathews.
FRANK MATHEWS.
X. y. SIMS. JR.,
Notary Public.
Witnesses: J. w. CoMsToCk,
JON FoRCHA