The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1898-03-19

-
he served on he psesi,eil; or in ease oi'
: his absci,ca or tho Tlce-i'raSi lent AMI
, Manager or in lie absence Of bot, SAii, "l-
tre:s, upon The Secretary Or lrclsHl"r
ART III.
The Object anN purpose. Iar ~hle,i tvs
corporation is established anal tie Gat;ie
of the business 10 he carried III Ivy il is
hereby declared 10 ha the ,lanni,cii,,o
and sale OF ice alil Mineral waters and 70
maintain anl ccll.lnct a cola stova .;c Wife
house
ART X.
Che ca;ita| stock nf this cornoraton is
| hereby liked at 7Ir2aiy 1ao27 aa hoI~ra
divided into and represented by Tmo
Hundred shares OF l'a pac vaIne Of Ore
HIND q No'!&rs eac!;, which stoc|, sl,H}i
lie paid for il, cas-, att s,c|, time, il, such
| Amounts and upon s'lc', notice IS may b.
prescrh, I'll I;y the Beard If Directors who
! shall have power to issue fall paid s'o,2;
, i'll payment for property transferred to
said corporation. The shares OF stock shall
be transferred only o., The hooks OF the
Company and on t!!u surrender Of Tie out
standing ccrtiica!c. This corporation
shall he authorized to begin business III
on organization and as soon as one hundred
shares are subscribed and paid for.
ART Y
The officers Of this corporation Shall he
n President, e-rresilcnt and Manager
and Secretary aud Il Treasurer. Ar the
corporate powers Of said corporation shall
be vested in and exercised by Board Of
Directors composed Of even % stock
holders Of the Company. On the 3r.l
Wednesday ofJannary, 1899, and annual
~ thereafter at election for directors
Shall lie held at the Office ofth Compauv
under the supervision OF two {2} com,
missioneTs appointed by the Beard of
Directors. All elections Shall be Ivy hal
+ %: and each share Of stock shah he cnt:t}-
cd to one vote which may be voted Ivy the
holder thereof in person or by proxy. a
majority o. the yote east shall eject. Due
notice of said election S!Mll he gwen hy
publication in one Of the Eewspaprrs pub
|is|leA in the town oc ST. Fcancisyile at
least ten days prior thereto. E:rl, Bard
o. Directors shall elect from among their
number a President, Il Vice President ANA
Manager, AMI II Secretary ans! a Treasures.
who may or may not he members or the
Board Of Directors. Any vacancy cccnr-
ing in the Beard Of Dirac!nrs bv death,
resignation OF otherwise shall DO f!Ic,! by
! Tie remaining Directors.
ART ".
| The immova','c proner5y ort,l;s cnrHora
ton shnlI never be sold or mort.yagel or
otherwise incnmbcre,|, nor shall any pur-
chasn of'eal estate I've masle without the
cansent Of the majority Of the entire stock
! Of the Cnmp:nv: and q meeting rf tn"
stockholders shall be convenc. for sur1,
purnoso after ten days ice thereof given
to each s:ocl,ho.'rr.
ART VII
The following named rrrsons, fowl.
Albert Ruenme'i, John = Ir.ine. rlward
Wax. Edw. j. Buck, VIM. II. Trn-cv.
Ee"l Mann aud Eilw. Z. Nrws!lam Wit,
A. Rn"mmeli ~ President, !. j.. irvine as
Vice-Fresident and Manager, Ed Wax az
Secretary and r. ]. DHc1: as Treasurer are
hereby constituted ti,e first Board Of d.
rectors who shall s"rva,until the first an
nnal election herein provided Cor or until
! their Successors arc clnctcG.
ART VIII.
4 failure for any cansa t. elect Gircc
tors on '!ln dav named for tlat rrrccsn
shall not dissolve fhc cn:rorati61a o. ~
! ang manner render The share holders liz
bic: bnt tlie Directors then in o!ficn c1,oll
| hold over until another cl"ctinn is l,c,1
and new B;Artl is el,ctci1 "a provided in
this charter
ART TX,
This act Of incorpnration may he annn|l-
cd or this cnrnoratinn dissolved a. q rcn-
cral meeting called for that purrose held
ut the Office Of the Comranv after thirty
days notice advertised in one Of tho nows-
papers published in the town Of St Frcn
clsvIl'e the assent of three fourths Of tho
sock present or REPRESENTED ut such
meeting being necessary Cor That purpose.
ART X:
Whenever this corporation is dissolved
either Ivy expiration of it's charter or it's
earlier dissolution as herein provided. IFS
affairs shall he liquidatesl by two com,
m;ss'oHcrs to he appointed from among
tho Stockholders ut general meeting Of
the stockholders convened after thirty
DAYS prior notice shall have been niyen hy
advertisement in one of the newsDapers
| ~ IL.