The Jennings daily record. [volume] (Jennings, La.) 1900-1903, 1901-12-23

accounts and books OF the Corporation
or any of them, shall be open to the
inspection of the stockholders, and
lifetime, place, condition and regula-
tions of such inspection.
Until the first a nnual 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
poration: Alba Haywood, w. Scott
Haywood, S.A. Spencer, FIR. Jaenke,
1. D. L. Williams, Z. c. Mahaffey,
and A, c. Wilkins, with the GLOWING
members thereof serving as officers of
the Corporation respectively: S. A.
Spencer, President: Alba Haywood,
Vice-President; f. II. Jeanke. Treas
urer: I. D, l.. Williams, Secretary:
and L. c. 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
each share of stock held by him.
ARTICLE VI.
q 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
miSSiOnerS to be appointed from
among the stockholders at 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
toner's shall remain in Office until the
affairs of the said Corporation shall
have been fully 1iquidated:and in case
of the death, ina bility to act, aasence
or res gnatiOn of any one or more of
the said commissioners, the other com
miSSi Oner or commissioners shall act
alone.
ARTICLE VII.
This act of incorporation r,ay 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 VII.
No s.ockhoitier 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 snail any mere inform lity
in the organization have the effect of
rendering this Charter null or of eX-
pos ng any stockholder to any liabil-
lily beyond the amount which may be
due on his stock.
ARTICLE TX.
The ubders gned organizers OF this
corporation have respectively sub
Scribed tor stock therein in the
amounts respectively sebforth opposite
their signatures thereto. Whenever
Twenty FIVE THOUSAND Dollars OF tho
Capital stock of this COOPERATION shall
have been subscribed for, it shall be
authorized TO DO business and be CON
/ sidered going concern.
$. y. Spencer. 5.23n shares.
Alba Haywood. ). I59 shares.
| Newey Haywood, 300 shares, by
Alba Haywood, attorney in fact.
.. w. Haywood, $50 shares, by
Alba Haywood, attorney in fact.
w. Scoot Haywood, 3.15n shares, by
| ,lba Haywood, attorney IN fact.
I. -. l. Williams. .. 500 shrres
3. G. Wilkins, 1880 shares.
T. Il. Jaenlle. $40 shares.
I. {. Mahaffey, 5000 shares.
Thus done, signed and passed, at
my Office, in tho parish Of ralcasieu.
State of Louisiana. this 29th day of
November 1901. in the presence OF l..
Y. Moses and =. E. Gushing. both
competent witnesses. who have signed
hereto, with the appearers and me,
notary, after reading of the whole.
(Seal G. l.. WOOTEN,
Notary Public.
l.. T. MOSES,