The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-11-16

tative shall be entitled to receive in
cash the withdrawal value of the
share at the time Of the last payment
made by such deceased shareholder,
less any unpaid fines or charges; or
said representative shall be entitled
to either transfer said share to others,
or to continue the same payment OF
the weekly installments; provided
that said share be redeemed or trans
ferred, or notice given Of continuing
it. within the six months next follow
ing such death, and in default of &C
ton within that time, said share and
all accumulations thereon shall be-
come forfeited and revert to and be-
come the property of the Association,
without further notice.
ARTICLE X.
No share shall be transferred except
on the books of the Association, in the
presence of the Secretary, upon the
surrender of the certificate therefor;
provided no shar in arrears can be
transferred; and the person to whom
tie shares are transferred shall sign
the By. Laws in like manner as any
original member. For each share so
transferred there shall be paid twenty
five cents to the Secretary, to be cred
tied to the Association.
ARTICLE XI.
Special meetings of the sharehold-
ers shall be convened at the request
in writing to ten shareholders, stat
ing the time and object of such meet
ing.
ARTICLE XII.
No shareholder shall ever be held
liable or responsible for the contracts
or faults OF this Association III any
further sum than the amount of his
Indebtedness to the Association;
nor shall any mere informality in or
ganization have the effect of render
ing this act null, or of exposing a
shareholder to any liability beyond
the amount of his or her shares
ARTICLE XIII.
This act of Incorporation can be
altered. ammended and modified by
vote of three fourths of the shares
present or represented at a general
meeting convened for that purpose,
or the Association dissolved by vote
of two thirds of the capital subscribed,
at general meeting convened for
that purpose, after ten days notice by
the Secretary, by mailing same. Pro
vided the capital of the Association
shall not be increased unless a major
ity of all the shares in force shall
vote in favor of such increase, nor un-
til such notice be given and such pub.
lication be made and such formalities
complied with as are or may be re-
quired by law.
ARTICLE XIV.
Except in cases provided for by. Ar
ticle XIII. Of the Charter, each hold
err of serial stock, present or represen-
ted by written proxy, shall, be entitl-
ed to vote in all elections, and on all
matters and on all questions coming
| before the Association as follows, to
| Wit One serial share up to Ave ex-
elusive, he may cast one vote, from
| five shares up to ten exclusive he may
cast two votes, from ten shares up to
twenty exclusive he NAV cast three
votes; for twenty shares and over, he
may cast four votes. But the holding
of paid up stock shall not entitle the
said holder to any vote whatever up
on any question or election whatever
in the Association.
Thus done and passed at my Office
in the Town of New Iberia Parish and
State a foresaid, on the day. month
and year first above written in the
pres ence of Messrs. William Bauman
and Joseph R. Boutte good and com
/ petent witnesses of lawful age, resid-
ing in this parish, who have signed
these presents with the said parties
and me, Notary, after due reading Of
the whole.
E. E. Willard, Pres,
j. B. Lawton, Vice Pres,
j. A. Fagot, Pres. P. Tenn
r. S. Mcmahon
4. III. Trotter
| G. G. Laughlin
/ Walter j. Burke
/ James Gebert
S. A. Benthal
G. E. Reynolds
H. A. King
Albert A. DeBlanc
Jos. Eckart
Leopold Levy
Lazard King
/ A. G. Gayle
J. p, Suberbielle
4 William G. Weeks
Notary Public
WITNESSES:
/ yN;ff