The Jennings daily record. [volume] (Jennings, La.) 1900-1903, 1901-12-19

accounts and books of the Corporation
or any of them, shall be open to til,
inspection of the stockholders, ant
the time, place, conditions and regula
tions of such inspection.
| Until the first annual election to bt
held under this charter, the following
persons are designated and shall con
stitue the Board of Directors, and be
the officers, respectively, of this cor
poration: Alba Haywood, w. Scott
Haywood, "A. Spencer, F r. Jaenke,
l. D. L. Williams, Il. G. Mahaffey,
and A, c.. Wilkins, with the following
| the Corporation respectively: S. A.
Spencer, President: Alba Haywood,
Vice-President; F. r. Jeanke, Treas
| urer; |. d, L. Williams, Secretary
and I. g. Mahaffey, General Mama
ger.
ARTICLE V.
At all meetidgs of the stockholders,
each stockholder shall be entitled to
| one vote, in person or by proxy, for
each share of stock held by him.
ARTICLE VI.
Whenever this Corporation is dis
solved either by limitation of it's
Charter or from any other cause, its
affairs shall be liquidated by the com
among the stockholders at a meeting
of the stockholders to be held after
due notification thereof given during
thirty days previously in a daily or
weekly newspaper published in the
Parish of Ca1casieu. Said commiss-
toner's shall remain in Office until the
affairs of the said Corporation shall
have been fully liquidated;a in case
of the death, ina bility to act, aasence
or resignation of any one OF more of
the said commissioners, the other COM
missioner or commissioners shall act
alone.
ARTICLE VII.
This act of incorporation NAV be
modified, added to or changed, and
this corporation may be dissolved, in
the manner set forth lin Section Six
Statutes Of 1870: and Capital Stock of
said Corporation may be increased or
diminished by sursuing the modes now
or here after provided by Law.
ARTICLE VIII.
No stockholder shall ever be held
liable or responsible for contracts or
faults OF this corporation in any fur
Their sum than the unpaid balace due to
the Company on the shares owned by
him: nor shall any mere informa lily
| in the organization have the effect Of
| rendering this Charter null or of ex-
posing any;stockholder to any liabil-
| ity beyond the amount which may be
due on his stock.
ARTICLE TX.
The ubders :gned organizers of this
corporation have respectively sub
scribed for stock therein in the
amounts respectively set forth opposite
their Sigma ures thereto. Whenever
Twenty five Thousand Dollars of the
Capital Stock Of this COOPERATION shall
have been subscribed for, it shall be
authorized to do business and be con-
sidered a going concern.
S. y. Spencer. $500 shares.
Alba Haywood, 3, $50 shares.
Dewey Haywood, $3.50 shares, by
Alba Haywood. attorney in fact.
O. w. Haywood, 1850 shares, by
Alba Haywood, attorney in fact.
w. Scoot Haywood, $50 shares, by
Alba Haywood, attorney in fact.
l. d. l.. Williams. ), 500 shrres.
\. G. Wilkins, 1890 shares.
+. r. Jaenke, 5,475 shares.
7. G. Mahaffey, 5000 shares.
Thus done, signed and passed, at
my office, in the parish OF Calca sieu.
State of Louisiana, this 10Th day of
November 1901. in the presence of l..
Il. Moses and &. E. Cushing, both
competent witnesses. who have signed
hereto, with the appearers and me,
notary. after reading of the whole.
(Seal) c. e. WOOTEN,
Notary Public.
Witnesses:
l.. L. MOSES,
G. +. CUSHING.