The Opelousas courier., 1901-06-15
ARTICLE w.

TIT y IBI tNS FUWTIS Ut IHIS VUTDVIIFIOU nIa
vested i'll a Board of Directors composed of five
stockholders, three of whom shall constitute a
quorum to transact business. They shall be
elecfed annually on the first Tuesday of June.
The election shall be by ballot and each snare
shall be entitled to one vote. The manner of
conducting tha business of said corporation
shall be regulated by the bylaws to he adopted
by said Board.
The officers of this Board shall he a President.
Vice-President, Treasurer and Secretary. who
shall be elected by the Board of Directors at
their frst meeting, Until the first election
the GLOWING stockholders shall constitute the
Board Of Directors, to-wit: j. j.. Thompson.
John A. Haas, Joseph NJ. Boagnl, p. T, black,
sher and Edward NJ. Boagni.
q. The Board of Directors shall adopt such by
laws as shall be necessary to carry on the
business OF said corporation, and they shall fiji
any vacancy occurring among their number.
A meeting of the Board of Directors NAV be
called at any time by the President or by two
Directors on such notice as the bylaws may
prescribe.
be held on the first Tuesday of June OF each
year, beginning ON the first Tuesday Of June,
l9G2; INC president can call a meeting of the
stockholders at any time for any lawfnl pur-
poses upon notlce as The bylaws may prescribe.
ARTICLE V.
No stakeholder shall be held responsible for
the contracts of this corporation in any further
sum THAN the amount represented by the I'M
pald balance OF his subscription to shares.
ARTICLE VI.
rms act OF incorporation may be amended
with the assent of three-fourths of the capital
stock represented at IL general meeting tD he
convened after due notice by thirty days' pub-
llcation III a newspaper at the domicile of said
company, or may be dissolved at a like meeting
by con sent of four-tiftls nf the stockholders,
ARTICLE VII.
Upon the dissolution of said corporatioD nv
limitation or otherwise, its affairs shall be
liquidated by three Commissioners to bs An
pointed by the stockholders, who shall fix their
compensation.
ARTICLE VIII.
The Board OF Directors shall have authority
TO Issue bonds when authorized to do 50 by \
twc-third vote of the stockholders at "a regular
meeting called for that purpose.
ARTICLE TX.
This corporation shall have the right To do
business i'll and out of this State and do All
things necessary to operate and transport their
products such as building railroad, tramwaye.
pipe lines, barges and steamboats, and operat-
same.
All stock unsold shall be treasury stock to
be disposed of by the Board of Directors.
Besides the notices by publication required
III tLis charter, 1t shall be the duty of the Sec
Rotary to give individual notice to the Directors
and stockholders whenever meetings are held.
ARTICLE X.
No person shall be q Director of this ccrnora-
ton unless lie holds and owns in his own right
not less than 1--WE fully paid up shares of the
stock of this company.
ARTICLE XII.
The Board of Directors shall have mower Tn
from time to time all such agents or
representatives as may be deemed necessary
for the proper transaction of the business of
the company.
ARTICLE XII.
The first election of Directors of this COMPANY
shall take place and be held on the first Tues |
day OF June, 1902.
At the first meeting of the Board of Directors |
alter their election they shall select from their
q President and Vice-President, At
he same time they shall elect q Treasurer and
secretary. This office may be held by one and
The same person, or each Office by n different
person; IN either event the person or persons |
holding the office OF Secretary and Treasurer
nay or may not be Il stakeholder. All officers
when duly elected shall serve until their sue
;essors have been elected and duly indicted
nto office.
Thus done, passed and signed at Opelousas,
La, on the day and date first above written, in
he presence of L.. E.. LltteiI and 7. s. Isaacs,
witnesses, and me, Notary, after
tue reading. ISigncdl
E. NJ. BOAGNI,
JOS. NJ. BOAGNT,
j. A. HAAS,
p. II. BLACKSHER,
j. j. THOMPSON.
Witnesses:
l.. L. IITTELL,
r. s. ISAACs.
L. r.. CASTILLO,
Notary Public.