The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1901-11-09


whom citation or other legal process shal
8 DE served
saidbo shall continue in ofite unti
the first Monday in January. 1873 On
2 Thousand NineiHundrea and Three o.
| which date and thereafter annually.
hoard of directors shall be elected on th,
} tirst Monday in January of each yea
: unless the same should be legal holiday
when the election snall be held ON the mex
legal day thereafter
Notice Of such election shall be given t.
; each Stakeholder by the secretary in writ
lI0g, at least ten days prior to each election
and the board Of directors shall appoint onf
or, more stockholders 10 preside sat such
election as commissioners, In the event OF
the failure OF any eomhlissiaeeror commits
sionePs 10 attend the President shall by
impeachment. I'LL the vacancy "A ny failure
by any. cause whsteTer to elect directors
the day named for that purpose sshalI NOT
dissolve the corporation. but the directors
then in office as well as the officefs of said
| Company, shall hold over until their sue
cess0rs are chosen.
In such event. the President shall cause
| another election to be held in thirty DAYS,
aud shall give notice thereof as herein be-
! fore provided.
! At every election and meeting each stock
! holder shah be entitled to vote Tor each
F.! share OF stock registered in his name and
may vote bv proxy.
The election OF directors shall be by bal.
lot. and the majority in amount of votes
cast. each share of stock voted upon TO be
counted for one vote, shall elect the per-
son or persons tor whom they Were cast
After each election the board OF directors
shall elect from their own number the Off
GERS of said onlpany.
The board OF directors shall have full
power 10 i'll vacancies in their number
caused by death, resignation or otherwise
poration.
ARTICLE ".
The said hoard shall have full control of
the property OF this Company, and shall so
conduct. manage and use the same as in
their discretion they deem fit and that is
consistent with the bylaws of this Com
pany or thewalfare of same.
The said board is further authorized to
frame and adopt such bylaws, rules and |
regulations as the affairs and business of
the corporation may require, and as it may |
deem necessary for the conducting and |
management thereof. provided the same |
shall not conflict with this charter or with |
the laws of the State or of the United States.
The said board shall elect or appoint a
secretary and treasurer, and such other
olhcers. agents. employees, servants and
clerks as ii may deem necessary for the
conducting OF the business of the corpora
tlon; nix their compensation, term of SER
wee, with the right to dismiss them at the
said boards pleasures; and said board shall
have the right to fix and determine The
salaries for the several officers herein pro-
vided for.
ARTICLE VI
rms charter may be changed. modified or
the capital stock increased or de-
creased, or this corporation may be dis
solved at general meeting OF the stock
holders convened for the purpose. with the l.
assent OF three-fourths of the entire CAPT
tai stock, whether present or represented
at such meeting.
Notice of such meeting shall be served
by the secretary on each stakeholder. in
writing. ten days prior to such meeting.
In case OF dissolution or termination of
his corporation. either by limitation OF It's
,barier or from any cause. the liquidation
,f its affairs shall be conducted by three
selected from the stock
lo!ders. with like assent and at meeting
allied for that purpose as above set forth
n this article.
Said commissioners shall remain in office
Until the affairs of said corporation shall
lave been fully liquidated.
In case of death of one or more of said
commissioners. the survivors or survivor
ball continue to act.
ARTICLE VII.
No stakeholder of this corporation shall
e liable or responsible for the contracts or
quits thereof. in any further sum than the
npald balance due the Company on The
hares of stock subscribed for or owned by v
i'm; nos shall any informality in organiza- \
ion have the effect of rendering this char \
er null or exposing a stakeholder to any i
ability beyond the unpaid balance of any
t bis stock
Thus done and passsd az my office in the
ty of Proyidence. East Carroll parish.
ouIsana, on the. day, month ana year
erein first above written in the presence
Frank Byerley and J. w. Dunn, enmpe-
mt witnesses of lawful age and residents
this city. who hereto sign their names
'gether with said parties, and me Notary,
Ter due reading OF the whole.
JAS. S. MILLIKIN,
Ell. HAMLEY,
YANCEY BELL.
ROBT. NICHOLSON,
JOS. i. RANSDELL,
Attest:
FRANK BYERLRY,
j. W. DUNN.
JNO. A. MONTGOMERY.
Notary Public
l hereby certify that the foregoing Char
r OF the Carroll Oil aud Ice Company.
mited. is on file in my office and is duly &
corded in Mortgage Book ~. folio 524.
seq OF the mortgage records OF East Car
II parish. La.
W illness my hand and seal of office this
J day OF November A. b.. 1901.
GEO. +. BLACKBURN.
ERIK Ninth District Court and ex-offieio -
Recorder =
Ike Providence, La, Nov. 9, 1901. ct.