The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-06-15
CONTINUED FROM SECOND PAGE. J

net per cent of the profits on
said shares for each year they have
been in existence. Each written
notice of Withdrawal shall be re
gistered and numbered 10y the Sc
cretary in the order Of their re-
ceipt, and Withdrawing share
holders shall be paid in rotation.
as registered, out of the first un-
appropriated moneys in the Treas
yury.
On the death of any share
holder, whose share is not pledg-
ed to the Association, his or her
legal representative shall be en-
titled to receive IN cash the with
drawaI value of the share at the
time of the last payment made by
such deceased shareholder, less
any unpaid fines or charges; or
said representative shall be entitl-
ed to either transfer said share to
others, or to continue the same
payment OF the weekly Install
ments; provided that said share be
redeemed or transferred, or notice
given ofcontinuing t,within the six
months next following such death,
and in default of action within
that time, said sh re and all &C
cumul stions thereon shall become
forfei ed and revert to and become
THE property of the Association,
without further notice.
ARTICLE Y.
No share shall be IT, .nsferred
except on the books of the AssO-
citation, in the presence of the Sc,
cret4ry, upon the surrender of the
certificate therefor; provided no
shares in arrears can be ranSferr-
ed; and the person to whom the
shares are transferred shall sign
the Bylaws in like manner as any
original member. For each share
so transferred there shall be paid
twenty five cents to the Secretary,
| to be credited to the Association.
ARTICLE NJ.
Special meetings of the shere
holders shall be convened at the
request in writing to ten share
holders, stating the time and OBJ
| iect of such meeting.
ARTICLE XII.
| No shareholder shall ever bt
held lisble or responsible for thu
contracts or faults of this Associa
ton in any further sum than thu
amount of his Indebtedness to tn,
| Association; nor shall any mere in
| formality in organization have thu
J effect of rendering this act null, O
! of exposing a shareholder to an,
liability beyond the amount 0
|. l,.c hon Chapao
ARTICLE XIII.
This act of Incorporation can b
altered, amended and modified b.
vote of three fourths of the share
present or represented at genera
meeting convened for thatpurpost
or the Association dissolved by
vote of two thirds of the capit'
subscribed, at general meetin
convened for that purpose, aftt
ten days notice by the Secretsr.
by milling SINE Provided til
, cspit i of the Associ alton shall NJ
! be increased unless a majority
a I'll the shares in force shall vote j
J favor # such increase, nor nnt
a such notice be given and sue
J publication be made and such TO
) m lities complied with as are
! may be required by law.
> ARTICLE XIV.
u Except inrcases provided for
: Article XIII. of the Charter, ea'
= holder of sevil stock, present
Z represented by written prox
D shall, be entitled to vote in all ell
- tions, and on all mattels and
all Questions coming before t
Association as follows, to wit:
W One serisl share up TO five g
a elusive. he my cast one Vo
from five sharess up to ten
I'd elusive he may est two votes, Try
,e- ten shares up to twenty exclusl
q he may cast three votes;