The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1901-08-10
the votes cast shall elect.

| dSCclldlllcu lic idiiuiO I" AVA" any an
.nual meeting shall not terminate Thu
charter but the officers then in office shal
continue in office and shall summon al
ANIMAL meeting as soon as possible.
The Board of Directors Of this corpora
ton shall exercise all the powers, boil
general and special. vested in this cor
poration as fully in every respect rs the
same might be exercised by the share,
holders of the company, and shall in nc
case BIT required to summon meeting
of the shareholders of the company to
ratify or authorize any act, contract, ali
enation or encllmbranccs done or entered
into by the said Board of Directors said
Board of Directors shall have the power
to appoint all agents, managers. Gle; ks
and employees, and fix their salaries and
compensation. They shall have the power
to make, change, alter and modify all
proper bylaws, rules and regulations for
carrying their charter into effect and for
the management of the business of the
corporation.
The first Board of Directors of this
company, who shall hold office until the
Third Wednesday in July; 1902 and until
their successors are elected and qualified
shall be: Jacob b Mount, A Henry Sand
man and Edward Aaron, with Jacob 4
Mount us President, A Henry Sandman
as Vice-P President and Edward Aaron as
Treasurer and Charles N Gordon as Srcy.
The officers of this company shall be
a President Il Vice-President, a Treasurer
and Secretary, (tle Secretary need not
be Il stakeholder or directory. The Board
OF Directors may elect one person to fill
the Offices office President andireasurer.
Every director shall own ut least one
share of the capital stock of this company.
At all meetings of Directors, the Tree
tors not present ou the Island Of RaccOur-
CT may give their proxy or power of at
torney toa director present, such proxy
may be either general authorizing the
director who may be present to cast the
vote of the absent director On all matters
that may come before the board in such
sense rs the Director to whom the proxy
is given may think proper, or the proxy
may contain specific directions how and
in what sense the vote OF theI absent Di-
rector shall be cast. Two members of
the Board of Directors shall constitute a
quorum for the transaction of business.
Article VI-This charter may he amend
ed by II vote of the majority of the share.
holders held ut ii general meeting cUnven-
ed for that purpose after notice shall
have been published twice in two weeks
prior to the holding thereof in OH. OF the
newspapers in the Parish of West Fell.
ciana, and after Il copy of the notice OF
said meeting shall have been mailed t.
each shareholder ut his address as 1T
with the Secretary of the Company, anu
the corporation may lie dissolved with TIL,
assent of tlree-fourtl,s' of tho stock repre-
sented at such meeting. The capita
stock of the company may be Increased
or diminished by complying with til,
general laws of the State of Louisiana
upon such matters.
Article VII-Whenever this compan,
shall be dissolved by expiration of it.
charter, or sooner by vote of the share
holders, two liquidators shall be elected
by the shareholders at a general meetin!
of the shareholders after due notice a
above provided. These liquitlators shall
continue in office until the full liuuida
ton of the corporation and in case of TIN
death Of either of them, the shareholder
may elect successor, or if they do no
elect II successor the powers of both liuui
dators shall be vested in the surviyn.
liguidator.
Article FIII.-No stakeholder of thi
corporation shall ever be held liable o
responsible for the extracts or faults 0
snch corporation in any further sun
! than the unpaid balance due to the cor
fpOratiOn on the sharrS owned by him
nor shall any mere informalty in orgami
zatlon have the effect of rendering thi
charter null or exposing a stakeholder t,
any liability beyond the amount of thei
stock.
Thus done and passed at my office il
the city of New Orleans. on the day
month and year hereinabo le first write
III the presence of Messicur Fl. Mar
JOurnes and VIM. H. Alton c0mDeten
and legal witnesses, who herennto sig
their names with the said appearers an
me notary, after reading the whole.
(SigncI c NJ Morales, share
A Il Sandman, 50 shares
Jacob i Mount, SO shares
Edward Aaron, SO shares
Harris Hyman, share
A 0ldstein, l share
Fl NJ Journee
VIM II Alton
Fred G Marx,
Notary Publ,
/ the undersigned clerk of court AN
EX-Officio Recorder of the Parish ,
West Feliciana, State of Louisiana, d
hereby certify that the above and for,
going act of incorporation of ''Fhe Ra,
courci Company, Limited" was this da
: duly recorded in my office in Book "
folio 6SS to 691 inclusive.
In witness whereof | hereunto sci m
hand and seal of office at the town
st, Francisville, State of Louisiana q
this 22nd day of July 1901.
(SigneD A. VILLERET,
Clerk and Ex-Ofiici0 Recorder,
(sEAL) oath Jud Dis
| certify the foregoing and above to
a true and correct copy of the act ,
incorporation of 'The Raccourci Con
pany, Limited" and for the certiicat
of recordation of the Clerk and EXC
ficio Recorder for the Parish of We,
FeIiciana, State of Louisiana, on ile an
OF Record in my Notarial Office No. 81
Common Street in the City of New o.
cans, State Of Louisiana.