The Jennings daily record. [volume] (Jennings, La.) 1900-1903, 1901-12-17

accounts and books of the Corporation
or any of them, shall be open to the
inspection of the stockholders, and
the time, place, conditions and regula-
tions of such inspection
Until the first annual election to be
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
Haywood, S.A. Spencer, FIR. Jaenke,
l. d. l.. Williams, T. G. Mahaffey,
and A, c. Wilkins, with thefollowing
members thereof serving as officers of
the Corporation respectively: S. A.
Spencer, President: Alba Haywood,
Vice-President: f. II. Jeanke. Treas
urer: [. D, L. Williams, Secretary:
and t. G. Mahaffey, General Mama
ger.
ARTICLE V.
At all meetidgs of the stockholders,
each stakeholder shall be entitled to
one vote, in person or by proxy, for
ea,'h share of stock held by him.
ARTICLE VI.
Whenever this Corporation is dis
solved either by limitation of its
Charter or from any other cause, its
affairs shall be liquidated by the com
mlssioners to be appointed from
among the stockholders at a meeting
of the stockholders to be held after
due notification thereof given during
thirty days previously in daily or
weekly newspaper published in the
Parish of Calcasieu. Said commiss-
toner's shall remain in Office until the
affairs of the said Corporation shall
have been fully liquidated: and in ca Sc
of the death, ina bility to act, aasence
or resignation of any one or more of
the said commissioners. the other com
missioner or commissioners shall act
alone.
ARTICLE VII.
This act Of Incorporation RAY be
modified, added to or changed, and
this corporation may be dissolved. in
the manner set forth in Section Six
Hundred and Eighty seven, Revised
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 stockhoider 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 informality
in the organization have the effect of
posing any stakeholder 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 signraures thereto. Whenever
| Twenty five Thousand Dollars of the
| Capital Stock of this COOPERATION sha II
have been subscribed for. it shall be
authorized to do business and be con
sidered a going concern.
S. ~. Spencer. D, 300 shares.
Alba Haywood. $3.50 shares.
Dewey Haywood, $3.50 shares, by
Alba Haywood, attorney in fact.
O. w. Haywood, $3.50 shares, by
Alba Haywood. attorney in fact.
w. Scoot Haywood, ,, $50 shares. by
Alba Haywood, attorney in fact.
[. n. l.. Williams. $50 shrres.
| {. G. Wilkins. 1880 shares.
f. II. Jaenke, 5,415 shares.
Z. Z. Mahatfey, 5000 shares.
Thus done, signed and passed, at
my Office, in the parish of Calcasieu.
| State of Louisiana. this Doth day OF
November 1901. in the presence of L.
| L. Moses and {. +. Gushing, both
competent witnesses. who have signed
hereto, with the appearers and me,
notary, after reading of the whole.
| (Seal) G. +. WOOTEN,
Notary Public.
Witnesses:
l.. I. MOSES,
G. Z. CUSHING.