The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1901-07-13

and on behalf Of this corporation to sell,
convey, mortgage, pledge, lease and
purchase property, III vah'r iE'movable,
and personal: borrow q, illiI money,
issue notes and bone; make contracts
and sign or cause to be signed by officers
or directors specially or generally au'
thorized by the Board of Directors, all
necessary acts, deeds, etc, and do all
things which may be necessary to be
done in the management of said business
or may be permitted by the laws apple
able to corporations.
ARTICLE VII.
No stakeholder shall be allowed to
dispose of his stock without first giving
in writing to the Board Of Directors ten
DAYS notice of each intended transfer,
and allowing said Board of Directors or
on it's default. any stakeholder. the first
opportunity OF purchasing said stock at
the highest bona tide bid made therefor
by an intending purchaser.
ARTICLE VIII
This act of Incorporation may tie
changed, modified or altered or said
corporation may be dissolved with the
consent of two thirds of the amount
of stock present or represented at any
general meeting of the stockholders of
said corporation, convened for such
purpose, after ten days previous notice
of such meeting shall have been given
in the manner provided in Article VI.
ARTICLE IN.
Whenever this corporation is dissolved
either by limitation or from other cause.
its affairs shall be liquidated under the
icin IF CT hf,1sl n II
chosen for that purpose by a majority in
amount of the stockholders present or
represented at general meeting of the
stockholders. Said commissioners shall
remain in Office until the affairs of this
corporation shall have been fully liquid
ated In ease of the death Of one of said
commissioners, or of the refusal or ina
bility of one of them to act, the survivors
shall continue to act and shall select an .
other stakeholder in the place and stead
of the commissioner who shall have
ceased to act.
ARTICLE y.
The President may, in his discretion
and shall, upon the written request Of
two stockholders, call IA special meeting
Of the stockholders of this corporation.
ARTICLE NJ.
No stakeholder shall ever lie liable or
responsible for the contracts or faults of
this corporation in any further SUM than
the unpaid balance due to the company
on the shares owned or subscribed for by
him; nor shall informallty in organiza-
ton have the effect of rendering this
charter null, or of exposing the stock
holders to any liability beyond the
fn, Il
Thus done and passed at my Office in
the City Of New Orleans, the day, month
and year first above written, in the press
ence of Messrs. John DaEiGis and J.
Gerard Greve competent witnesses, resid.
ing in this city. who have lcreunto
signed their name. with appearers and
me, Notary, after reading the whole.
Original signed
ThcO. A. Tborgcson. - shares
Francis Martin, 25 shares.
f. VIM. Drcibholz, % shares
John De Blois.
j. G. Grevc.
J.ZACH. SPEARING.
Notary Public
|, Joseph \. l.oret. Clerk of the BIRD
Judicial District Court Of Louis Jana and
ExOfficio Recorder in and for the Parish
of st. Mary, do hereby certify that the
above and foregoing is Il true and correct
copy, as taken from the original certified
copy now Oil file and of record in my
office, aud / further certify that the same
is recorded in the current mortgage books
of my Office under entry No 294li and
was recorded therein on the third day
of July, A. D., 1901.
In testimony whereof have hercunto
set my hand and affixed the impress of
the seal of my Office On this the third day
of the month of July in The year of our
Lord One Thousand Nine Hundred anI
One aud of the Independence of the
United States of America the One Hun
dred and Twcnty>fifth.
(SigneD }. A. LORET,
(Scal.) Clerk and Recorder