The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-10-12


ess any unpaid fines or charges; or
aid representative shall be entitled
O either transfer said share to others.
n to continue the same payment of
he weekly .instal1ments; provided
hat said share be redeemed or trans
erred, or notice given OF continuing
t, within the six months next follow
ing such death, and in default of ac-
ion within that time, said share and
all accumulations thereon shall be-
come forfeited and revert to and be-
come the property of the Association,
further notice.
ARTICLE X.
No share shall be transferred except
on the books of the Association, in the
presence of the Secretary. upon the
of the certificate therefor;
provided no shares in arrears can be
transferred; and the person to whom
TIE shares are transferred shall sign
the By Laws in like manner as any
original member. For each share so
transferred there shall be paid twenty
five cents to the Secretary, to be cred
tied to the Association.
ARTICLE XII.
Special meetings Of the shareho1d-
ers shall be convened at the request
in writing to ten shareholders, stat
ing the time and object of such meet
ing.
ARTICLE XII.
No shareholder shall ever be held
liable or responsible for the contracts
or faults of this Association In any
further sum than the amount of his
Indebtedness to the Association;
nor shall any mere informally in or
ganization have the effect of render
ing this act null, or of exposing
shareholder 10 any liability beyond
the amount of his or her shares,
ARTICLE XIII.
This act of Incorporation can be
altered, ammended and modified by
vote of three fourths of the shares
present or represented at general
meeting convened for that purpose,
or the Association dissolved by vote
of two thirds of the capital subscribed,
at general meeting convened for
that purpose, after ten days notice by
the Secretary, by mailing same. Pro-
vided the capital of the Association
shall not be increased unless major
ity of all the shares in force shall
vote in favor of such increase, nor un-
til such notice be given and such pub
LEGATION be made and such formalities
complied with as are or may be re-
quired by law.
ARTICLE XIV.
! Except in cases provided for by Ar
ticle XIII. of the Charter, each hold
er of serial stock, present or represen-
ted by written proxy, shall, be entiu
ed 10 vote in all elections, and on all
matters and on all questions coming
before the Association as follows, to
Wit One serial share up to five ex-
elusive, he may east one vote, from
five shares up to ten exclusive he may
cast two votes, from ten shares up tc
twenty exclusive he NAV cast three
votes; for twenty shares and over, he
may cast four votes. But the holding
of paid up stock shall not entitle the
said holder to any vote whatever UP
on any question or election whatever
in the Association.
! Thus done and passed at my office
in the Town of New Iberia Parish ant
State a foresaid, on the day, month
and year first above written in tn,
pres ence of Messrs. William Baumai
and Joseph r. Boutte good and com
petent witnesses of lawful age, resid
ing in this parish, who have signe,
these presents with the said partie
and me, Notary, after due reading Q
the whole.
II E. +. Willard, Pres,
s. J. B. Lawton, Vice Pres
j. A. Fagot, Pres. +. lem
r. S. Mcmahon
A. III. Trotter
G. G. Laughltn
Walter j. Burke
James Gebert
S. A. Bentha1
c. E. Reynolds.
III. A. King
|. Albert A. DeBlanc
Jos. Eckart
Leopold Levy
Lazard King
A. G. Gayle
j. P, SuberbieIle
William G. Weeks
Notary Public
l. WITNESSES:
i Will Bauman
Jos. r, Boutte
/ UNITED STATES OF AMERIC
: State Of Louisiana, Parish of
| Iberia.
: /, the undersigned District -.ttorne
e In and for the 10th Judicial Distri
: Court of Louisiana having read tn
foregoing Articles of incorporation {
the liberia BUILDING Association