The Opelousas courier., 1901-06-01
ARTICLE ".


All corporate powers of this Corporation are
vested in a Board of Directors composed OF five
stockholders, three of whom shall constitute a
quorum to transact business. They shall be
elected 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 the business of said corporation
shall be regulated by the bylaws TO be adopted
by said Board.
The officers of this Board shall be a President,
Vlce-President, Treasurer and Secretary, who
shall be elected by the Board of Directors at
their first meeting, Until the first election
the following stockholders shall constitute the
Board of Directors, to-wit: j. J. Thompson,
John A. Haas, Joseph NJ. Boagnl, Z. T, Black
sher and Edward III. Boagni.
The Board of Directors shall adopt such by
laws as shall be necessary to carry ON the
business OF said corporation, and they shall fill
any vacancy occurring among their number.
A meeting of the Board of Directors may be
called at any time by the President or by two
Directors on such notice us the bylaws may
prescribe.
The annual meeting of the stockholders will
be held on the first Tuesday of June Of each
year, beginning on the first Tuesday of June,
l9o2; Inc president can call II meeting of the
stockholders at any time for any lawful pur-
poses upon notice DIS 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
paid balance OF his subscription to shares.
ARTICLE VI.
This act of incorporation may be amended
with the assent of three-folrtlIs of the Capita
stock represented at a general meeting to he
convened after due notice by thirty days'pub-
LEGATION in a newspaper at the dOmiciie of said
company, or may be dissolved at a like meeting
by consent of f0ur-fffths of the stockholders.
ARTICLE VII.
Upon the dissolution of said corporation by
limitation or otherwise, its affairs shall be
liquidated by three Commissioners to liza an
1fDlUIeu DIV 1nG SfDpRhll6ppS Wfn shall n y +hajr
compensation.
ARTICLE VIII. :"
The Board of Directors shall have authority
to issue bonds when authorized TO do so by a
vote OF the stockholders at II regular
meeting called for that purpose.
ARTICLE TX.
This corporation shall have the right tn do
business in and out Of this State and do all
things necessary TO operate and trsnsp0rt their
products, such as building railroad, tranways,
lines, barges and steamboats, and onerst,
ing same.
All stock unsold shall be treasury stock to
be disposed OF by the Board OF Directors.
BESIDES the notices by publication required
In this charter, it shall be the duty of the Sec
Rotary to give individual notice to The Directors
ana stockholders whenever meetings are held.
ARTICLE X.
No person shall be IA Director of this cnrpora-
loh unless he holds and owns i'll his w right
not less than five fully paid up shares of Tho
stock of this company.
ARTICLE XI.
The Board of Directors shall have power to
appoint from time to time all such agents or
representatives as may he deemed necessary
lof the proper transaction of the business of
the company.
ARTICLE XII.
The first election of Directors of this comnapv
shall take place and be held on the first Tues
day of June, 1902.
AT the first meeting of the Board of Directors
after their election they shall select from their
number q President and Viee-Presilent. At
the same time they shall elect a Treasurer and
Secretary. This office may be held By one and
the same person, or each office by a different
person; Ill either event the person or persons
holding the office of Secretary and Treasurer
may or may not be a stockIOlder. All officers
when duly elected shall serve until their suc-
cessors have been elected and duly inducted
into office.
Thus done. passed and signed at Opclousas.
La, on the day and date first above written. in
the presence of L.. E. Littell and 7. S. Isaac.
competent witnesses, and me, Notary, after
due reading. [Signed1
E.. NJ. BOAGNI,
JOS. NJ. BOAGNT,
a ]. A. HAAS.
P. Il. BLACKSHER,
j. j. THOMPSON.
Witnesses:
l.. Il. LITTELL,
T.. s. TSAACS.
L. L. CASTILLO,
Notary Public.