The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1901-09-07

which said stock shall be p,il far :, on.
when issued, or same may bt issued ~. ,
10. 'tSs than par in payment for prop.rt
"et"a''y received or purcllaned by s,;
corporation, or for services or Labor d'' ,
therefor. '"''' no
Al! certificates of stock when isvr.
snail be signed by the prcsi)ru, sn,
The Treasurer or in the abse,co ~, "'''
ml'ty of either or both of them to ~" ','
ny s'ch persons ~ t he Board Of Dimc
tors may designate. ''''
ms corporation shall commence h,v;
ness IN So"n rs the sum of Ten TL,,.. "'
,"l'as of its capital stock shall hs",
> oerii subscribed aud paid for ~" "
All transfers Of stock s},. ! ,,a .,
81, me books Of the company. "
article V-ATl the powers of tb;s oo,.
poratio'' SHALL be vested in AMI exercised
10y boar'l of directors, CONSISTING ~ NJ,
hfee Directors VIII" shall bc elected 3,
I ne annual meeting of the a,c-h,ld.. .
I" no held on Tho Third "Wednesday Sc
July in each year; notice Of ,h;s ,n"";: %. vi
sha'l no published twice in two we.ks
prior to the holding thereof, in one If
IN, u newspapers in the Parisl, of W..t
feiic'a'a. AT said meeting every sho,.
holder shall he entitled to cast nm. ""..
III person or by proxy, on every share -
STOCK owned by him and . m,;o,;,, nf
the votes cast shall elect. w
The Board of Directors shall nrcscr;ha
,n" manner IN which said meeting shall
be hel, and the votes cast and tho rs.",t
aScerta'ned. The failure to no d any, ,n'
hnal meeting shall not Terminals Hi.
charter but the officers then in Office, sl,,lI
continue in office and shall summon an
"'naai meeting az soon az possible.
Inc board of Directors III this corpo,,.
'i'h snail exercise all the powers. bo,b
general and special. vested in tb;s "".
as fully in every respect ~ tho
same might be exercised by the share.
holders of the company, and shall in M
case, M required to Summon a me.,;mu
oa TN: me shareholders Of the company to
rahfy or authorize any act, contract ali.
e'atioli or etcumbrancss done or r,,t.rsd
','to ny the said Board Of Directors said
''o'sfo OF directors shalt have the power
10 appoint all agents, managers. Gle Ia
ma employees, and fix their salaries and
They shall have the mower
20 make, change, alter and modify all
proper bylaws, rules AMI regulations for
carrying their charter into effect ami for
he management of the business of the
VI VIC
The first Board of Directors of this
who shall hold office until the
;, hird wednesday in July, 1902 and until
/, successors are elected and qualified
ha'I he: Jacob h Mount. A Henry sand
nal, !, and Edward Aaron, with Jacob r
lo ',i as President, A Henry Sandman
= Vlce-President and Edward Aaron 40
r "a and Charles N Gordon AZ Seov
me officers of this company shall Ia
PRESIDENT a Vice-Presitlent, = Treasurer
II" d secretary, (tlie Secretary need not
G stakeholder or directory. The Boad
directors may elect one person 10 tilI
ne ofilcrs ofNice-President andrea ,nrer
very director shall own at least One
mare OF tho capital stock of this co,unanv
'At all meetings of Directors. the :,irrr.
DIS not present on the Island of Raccour
may give their proxy or power IF At
''ney '"a director present, such proxy
Jay DC either general authorizing the
'irrc'or who may he present. to cast tho
'"e OF the absent director on Ill p,atter.
lat may come before tile board N spch