The Natchitoches enterprise., 1899-04-13
ARTICLE III.

ptNN6N VI S""A Mo Ia
diyiuual stock.
ARTICLE III.
The corporate powers of this corpo-
I ration shall be vested in a Board of d.
r%ectOls. to be composed of three stock
holders. two of whom shalt constitute a
quorum. Sale Board shall be elected
ann tally. on The first Monday in Janu
airy, beginning in The year 1900. The
first Board of Directors Hereunder l. de-
ciared TO be, Samuel Nelken. Simon
Abrams and Joseph Katie; and the first
officers Of his corporation are declared
10 he, Simon Abrams, president; joseph
Katie, vice president; Samuel Nelken.
secretary u treasurer; which Board
Of officers shall serve until tue first Mon
day in January. 1900. or until their sue
cessors are duly elected thereafter. The
Board Uf Directors shall be elected by
the stockholders, each stakeholder shall
be entitled 10 one vote for each share OF
stock registered IN his name, and he
may vote in person or by proxy. The
election of Directors shall be by ballot.
and d majority Of votes east shall elect
The person for whom they are cast.
Notice Of election shall be gwen each
stakeholder in writing bY the secretary,
at least ten days prior to such election.
Any failure from n cause whatever TO
elect Directors on the day named for
that purpose, shall not dissolve the cor
pOraliOn, but the Directors and officers
of the CORPORATION then in office shall
hold over until their successors are
chosen. In such event The president
shall order another election. to be held
10 thirty days, and notice thereof shall
be given as heretofore provided. After
election the Directors shall elect
from their W number the officers of
The corporation; provided. the stock
holders 10 electing such Directors fail
TO designate the particular office for
which such Director may be elected,
N person other than II stakeholder il
eligible as a Director or officer.
ARTICLE w.
The certificate of stock when issued
shall be signed BY The president and
All checks. drafts. notes or
other obligations for the Of
money, shall be signed bS the treasurer
or in event OF his inability. by reason G
illness, then by the president o! the COR
DOratiOn.
ARTICLE v.
The president shall call a meeting of
the stockholders, when requested to do SO
in writing, by one or more of the stock
holders. Ten days notice shall be given
to each stoekholder, in writing for such
meeting. AT all such meetings the ma
|ority vote of the stockholders, repre-
'ented in person or by proxy, shall de-
eide and determine the actions of the
Board Of Directors.
ARTICLE VI.
This charter may be changed, modi-
led, amended or annulled, or this cor
loration may be dissolved at a general
Meeting of the stockholders. convened
or that purpose, with the assent of the
majority of the entire capital stock.
whether the stakeholder be present in
person or represented by proxy. Ten
lays notice shall be given of said meet
ng as provided hereinabove.
ARTICLE VII.
In cas- of dissolution or termination
4 this corporation by Limitation or for
ause, the liquidation of its affairs shall
conducted by three commissioners,
from the stockholders, with
Ike assent as set forth in Article vi,
at a called meeting for that pur-
tose, the like notice is required as set
o-th in Article vi. Such commission
shall remain in Office until the af-
airs of the corporation shall have been
ally liquidated. In case of the death :
n 0r more of the commissioners,
survivor or survivors shall continue
} act. No s~tockholder of this corpora
on shall ever be liable or responsible for 4
he contracts, liabilities or faults there
/, In any further sum than the unpaid
alance due the corporation on the share
stock subscribed for or owned by him.
or shall any informality in the organ n
alton hereof have the effect of render =
g this charter null, or to expose any :
ockholder to any liability beyond the
npaid balance of his stock. IL