The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1901-10-05

n01o0 IN the town OF Coltaxs 0ront par
ish, IL there be one, II not. il newspaper
pubIished nearest thereto In said parish,
and in case no election, for anv cause. 10
held on the day fixed in ssid notice. the
prssident Of the bosrd d directors shall
call On election to be held thereafter a.
soon - possible aftsr three several week
~ notices in newspaper published in
the town Of Colfax, IL there b. ono, il NOT.
in . newspaper published nearest thereto
in said parish.
A failure TO elect board OF directors
shall not forfeit tho charter 0f this cor.
pofatioD, but tho board Of directors then
in once shalI remain in Office until their
Successors are elected.
Article ".
The said board Of directors shall make,
ordain and adopt such by-laws and rules
for the proper management Of the Affairs
OF the said corporation ~ may be neces.
sary and proper. in conformity with tho
provisions Of the laws Of this State and
Of this charter, with authority such by
laws 10 alter. amend OF repeal It pleasure,
and they shall sdopt for the use Of the
corporation ssal with such device as
they shall select.
Arttot0 VI.
Whenever this corporation 10 dissolved
either by limitation or from any other
cause. it. affairs shall be liquidated under
Supervision OF three commissioners to be
selected by the stockholders from among
themselves 1T general meeting conven-
cd for that purpose, after thirty days
prior notice by publication in newspa-
per published in Colfsx. parish Of Grant,
hthere be ona, IL not, in . uewspaper
published nearest thereto in eaid parish,
and with the assent Of the owners of
three-fourths OF the entire capital stock.
Said commissioners 10 remain in Office
until the Affairs Of said corporation shall
have been fully iquidsted and settled.
and in case Of death Of one or moro OF
said commissioners, their survivors or
survivor shall continue 10 act.
Article VII.
Thisactof incorporation nay be chang
ed, modified or altered, and said corpora
ton may b dissolved at . special meet
ing Of the stockholders convened for that
purpose sitter . thirty days prior notice
By publication in newepa- ar Published
in Colfsx. parish OF Grant, il there be one.
Il not, IN q Newspaper published nearest
thereto in said psrish, with the assent OF
three-fouFths OF tho amount Of the entire
capital stock Of said corporation. Any
increase or decrease Of the capital Of said
corporation ehall require the assent OF
tbree-fourths in amount OF the entire
capital stock Of the corporation, subscrib-
ed and paid for, and in addition TO the
required thirty days prior notice by pub
location. forty days prior notice in writ
ing Of any meeting called Tor that pur-
pose shall be mailed to each stakeholder.
Article VII.
or responsible for the contracts or fsults
or offences Of said corporation IN any fur.
ther sum than the unpaid balance dine
b. him ON his shares Of stuck.
The shares q this corporstion shall be
personal property and shall be transfer
Article x.
The following named persons shall
constitute the first board Of dirsctors, To-
w. Bolton, j. N. L. Elliott. NJ. Kicks. Jr.,
and r. 8. Cameron, with ]. H. McNeely
~ president and ]. q. Williams rs vice
president. They shall hold their Office
s.S - S;rs;ccs - ,.o. I;a = s;s chsr
=. nes;s ~. P r.,,''s.s !. . Iii h.s.
49, - III. si, ..s'' ~. M. nr.I;Ss5 ~ ~
''''' ''' "..
rtsC. .. 80
the election Of directors or any other pur-
pose, each stOckholder shall be entitled
to cast one vote for each share of stock
ne.o ~ n1m, e1tner ~ peIsoo OF oy pro9y.
Inu: Done rea9 AUG neneo " ny osnce
N the town OF Co'tax, parish OF urant.
stare OF Louisiana, on the gay, month
and yea! nrst above written; IN presence
o. ;. q Achn,Rnt~sng y. =. Carnanan,
ccmpetent wltnesses, wno. toRether win
the appoasers ana me- Notary. nave nHn-
cd hereto: aIter Que reaoing nereot;
!: b. McNeSly, Coifa3, La, ~ shares
SlUo; :. d: WIliiams, montgomery Lar
III 0U0ro0. SkUUUs u. ID. YeuI. COi1Ax, La,