The Meridional. (Abbeville, La.) 1856-1906, 1901-06-08

J1D1aNh rs Oh1 y IbDh - ONI
this company Said Directors shall be.
elected at almeeting of the stockhold-
| ers convened for that purpose on the
Third Tuesday of February in 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 Vermilion
Parish in the State of Louisiana. Fail
ure to hold an election at the time
specified shall not dissolve the cor.
Doration 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 Presi-
dent, Vice President, Secretary.
Treasurer and Manager, The Manager
need not be a stockholder in the cor
poration. A majority of the board
shall constitute a quorum TO transact
business.
ARTICLE v.
No stoekholder shah be liable or
responsible for the contracts faults or
debts of said corporation in any furth-
er sum than the unpaid balance due
the corporation on the shares Of stock
owned by him nor shall any informa-
lity of organizing have the effect Of
rendering this charter void or. expos
ing stoekholder to any liability be-
-yond the amount of his stock or in any
way rendering any stockholder 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
corporation dissolved by a vote of
three fourths of the shares of the total
amount of stock issued at any meeting
held for that purpose after ten days
notice iD writing mailed to the address
of each stockholder whose address
shall he known to the Secretary.
Atthe expiration of this charter or if
sooner dissolved the affairs of this cor
poration SHALL be liquidated 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 lfuu.date the aff;lirs and dis
tribute the proceeds. If any, among tho
said holders in proportion to tie
amount of stock held by each.
ARTICLE VII.
The following named persons shall
constitute the First Board Of Directors:
d. B. Byrum, John F. G. Helmer, Il.
j. Larson, George Grove, T. w. Cham
berlain, VIM L. Patton, Frank Brown.
They shall hold their office until the
Third of February 1902, or until their
successors are . lected and qualified,
The subscribers hereto have respec-.
lively written opposite their names the
amount of stock in this corporation
subscribed for by each Of them, so that
this act of Incorporation may also serve
as the original subscription list of said
corporation.
Signed in presence of S. Rex Leblanc
and Claude Broussard. competent wit
nesses and ME, Notary, after due read
ing of the whole
NJ l. McQuiston, seventy-fve shares.
NE Stevens, fifty shares.
TWChamberlain one hundred shares.
George Greye, one hundred and five
shares.
George R Happ, twenty-five shares.
G II Langford, twenty-five shares.
John FGHelIner, i've hundred shares.
Tim Rose, fifteen shares.
G a Englund, fifty shares.
L G Larson, thirty shares.
C A Larson, twenty five shares.
w I'll Westbro6k, one hundred shares.
Oh Egnell, fifty shares.
F E Brown, fifty shares
Clyde Thomson, twenty-five shares.
John T Lytle, twenty five shares.
OE Sheldon, twenty five shares.
j r Galley, one hundred and fifty
shares.
VT Patton, two hundred and fifty
shares.
WI Latter, two hundred and fifty
shares.
William Currier, fifty shares.