The Meridional. (Abbeville, La.) 1856-1906, 1901-06-22

Third Tuesday of February ia each
year and each share Of stock present
and represented Shall be entitled to
one vote but no person shall vote on
stock transferred to him or her within
ten days prior to the holding of the
meeting. Said election shall be held
ten days after notice pubiished,in any
newspaper published in Vermiion
Parish in the State of Louisiana. Fail
ure to hold an election at the time
specified shall not dissolve the cor
poration but the Directors in Office
shall hold their respective Offices until
the elction be subsequently held after
ten days notice Of tie time and place
thereof All vacancies IN the Board Of
Directors for whatever cause shall ,be
filled by the remaining Directors. The
Board of Directors shall elect a fres-
dent, Vice President, Secretary.
Treasurer and Manager, The Manager
need not be stakeholder in the cor
poration. A majority of the board
stall constitute quorum to transact
business.
ARTICLE v.
No stakeholder shall be liable or
responsible for the contracts faults or
debts of said corporation in any furth-
Ell sum than the unpaid balance due
the corporation on the shares of stock
owned by him nor shall any ilforma-'
lity of organizing have the effect of
rendering this charter void or expos
ing a stockholder to any liability be-
yond the amount Of his stock or in any
way rendering any stoekholder liable
as partner. 1t is expressly under
stood and agreed that the stock of this
corporation shall be non -assessable.
ARTICLE VI.
This Act of incorporation may be
amended, altered, modified, or the
dissolved by q vote of
three foarths Of the shares of the total
amount Of stock issued at any meeting
held for that purpose after ten days
notice iD writing mailed Ia the address
Of each stockholdcr whose address
shall be Known to the Secretary.
Atthes expiration of this charter OF if
sooner dissolved the affairs Of this cor
poration SHALL be liqudated by the
Board Of Directors, who are hereby
vested with full power and authority
to sell any and all assets of the corpora
tion and to convey full and complete
title thereto and shall have the full
power to do and perform all acts nee
essary and proper to fully and com
pletely lieu date tie affairs and dis
tribute the proceeds, If any, among the
said holders in proportion to the
amount Of stock helH by each.
ARTICLE VII.
The following named persons shall
the First Board of Directors:
ID. B. Byrum, John F. G.. Helmer, T.
j. Larson, George Grove, t. w. Cham
berlain, Wm. I. Patton, Frank Brown.
They shall hold their office until the
Third of February, 1902, or until their
are lected and qualified.
The subscribers hereto have respec-
lively written opposite their names the
amount of stock in this corporation
for by each of them, so that
this act of Incorporation may also serve
as the original subscription list of said
Signed in presence of S. Rex Leblanc
and Claude Broussard, competent wit
fiesses and me, Notary, after due read
ing Of the whole.
M. l. McQqiston, seventy five shares.
NE Stevens, fifty shares.
TWChamberlain,o one hundred shares.
George Greye, one hundred and five
shares.
George R Happ, twenty-five shares.
CHI Langford, twenty fire shares.
John FGHelmer, five hundred shares.
Tim Rose, fifteen shares.
C A Englund, fifty shares.
I G Larson, thirty shares.
G A Larson, twenty-five shares.
w III Westbrook. ole hundred shares.
OJ Egnell, fifty shares.
T E Brown, fifty shares.
Clyde Thomson, twenty-five shares.
John t Lytle, twenty five shares.
@ Z Sheldon, twenty-five shares.
r Galley, one hundred and fifty
shares.
W T Patton, two hundred and fifty
shares.
WI Latter, two hundred and fifty
shares.
William Currier, fifty shares.
Ben Baer, twenty five shares.
D B Byrum, five hundred shares.
Per W. P. Edwards, Special Attorney
in fact as per letters of attorney
attached hereto and made part
hereof.
Witnesses:
5. REX LEBLANC,
CLAUDE BRoUssARD.