The Opelousas courier., 1901-05-18
ARTICLE ".

stockholders, three of whom shall constitute
quorum to transact business. They shall b
elected annually on the first Tuesday of June
The election shall be by ballot and each suar
shall be entitled to one vote. The manner .
conducting the business of said corporation
shall be regulated by the bylaws to be adoptet
by said Board.
The officers of this Board shall be a President
Vlce-President, Treasurer and Secretary, wht
shall be elected by the Board of Directors Al
their first meeting, Until the first election
the following stockholders shall constitute tn,
Board of Directors, tO-wit: j. J. Thompson
John A. Haas, Joseph NJ. BOagnl, P. T, Black
sher and Edward NJ. BOagni.
The Board of Directors shall adopt such by
laws as shall be necessary to carry on tn,
business OF said corporation, and they shall I'll
any vacancy occurring among their nuuber.
A meeting of the Board of Directors NAV be
called at any time by the President or by twt
Directors on such notice us the bylaws may
prescribe.
The annual meeting of the Stockholders vii
be held on the first Tuesday of June of Gael
year, beginning on the first Tuesday of June
1902. The president can call Il meeting of the
stockholders ut any time for any lawfnl pur
poses upon notice as The bylaws may prescribe
ARTICLE V.
No stakeholder shall be held responsible fol
the contracts of this corporation in any further
sum than the amount represented by the uu.
paid balance of his subscription to shares.
ARTICLE VI.
This act of incorporation may be amended
Will luc dSstUI iii tuftG-iOUPtnS OF the CIUit1l
stock represented at n general meeting to hC
convened after due notice by thirty DAYS pub.
location Ill Il newspaper at the dOmicile of said
company, or may be dissolved at a ike meeting
Dy consent OF four.fifths OF the stockholders.
ARTICLE VII.
Upon the dissolution of said corporation by
Lnltatlon or otherwise, its affairs shall be
llquidated by three Commissioners to be nm.
pointed by the stockholders, who shall TX their
compensation.
ARTICLE VIII.
The Board OF Directors shat have authority
TO Issue bonds when authorized to do so by n
twO-third vote of the stockholders at a regular
meeting called for that purpose.
ARTICLE TX.
This corporation shall have the right tn do
business i'll and out OF this State and do oll
Things necessary 10 operate and transport their
products, such rs building railroad, tramways,
pipe lines, baF2es aud steamboats, and operat.
ing same.
All stock unspil shall be treasury stock n
be disposed of by the Board of Directors,
Besides the notices by publication required
In this charter, it shall be the duty of the Sec
rotary TO give individual notice to the Directors
ana stockholders whenever meetings are held
ARTICLE \.
No person shall be a Director of this corpora.
tlon unless he holds and owns in his own right
not less than five fully paid UP shares of The
capital stock of this company.
ARTICLE XI.
The Board OF Directors shall have popsr ~
appoint from time to time all such agents ar
representatives as may he deemed necessary
LOT TIE proper transaction of the business OF
the company.
ARTICLE XII.
The first election OF directors of thia comnauv
shall take place and be held on the first Tues
day of June, 1902.
AT the first meeting of tho Board of Directors
AFTER their election they shall select frou, their
number q President aud Vice-President, Al
the same time they shall elect Il Treasurer and
secretary. This office may be held by one and
tile same person, or each Office by IL different
person; i'll either event the person or persons
holding the office of Secretary and Treasurer
may or may not be "a stakeholder. All officers
when duly elected shall serve until their suc-
cessors have been elected and duly inducted
into office.
Thus done, passed and signed at ODelousas.
LID, on tho day and date first above written. in
the presence of l.. f.. Littell and T. S. Isaaca.
competent witnesses, and me, Notary, after
due reading. [SignedI
E. nj. BOAGNI,
JOS. NJ. BOAGNT,
j. A. HAAS
7. L. BLACKSHER,
j. J. THOMPSON.
Witnesses:
J.. i. LITTELL,
I. s. ISAACS.
L. 7. CASTILLO,
Notary Public.