The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-06-08
CONTINUED FROM SECOND pAeE.)

4
said shares for each year they have
been in existence. Each written
notice of Withdrawal shall be re |
gistered and numbered by the Sc
cretary in the order of their re
ceipt, and withdrawing share
holders shall be paid in rotation.
as registered, out of the first I'M
appropriated moneys in the Treas
ury.
On the death of any share
holder, whose share is not pledg
ed to the Association, his or her
legal representative shall be en-
titled to receive in cash the with
drawal 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 entitl
ed to either transfer said share to
others, or to continue the same
payment of the weekly install
ments; provided that said share be
redeemed or transferred, or notice
given of continuing it,within the six
months next following such death,
and in default of action within
that time, said share and all ac-
cumulations thereon shall become
forfeited and revert to and become
the property of the Association,
without further notice.
ARTICLE Y.
No share shall be transferred
except on the books of the Asso-
citation, in the presence of the Sc
cretary, upon the surrender of the
certificate therefor; provided no
shares in arrears can be transferr-
!, ed; and the person to whom the
shares are transferred shall sign
the Bylaws in like manner as any
5 original member. For each share
SO transferred there shall be paid
l twenty five cents to the Secretary,
to be credited to the Association.
ARTICLE XII.
Special meetings of the shere-
t holders shall be convened at the
Q request in writing to ten share
holders, stating the time and OBJ
g iect of such meeting.
t ARTICLE XII.
n No shareholder shall ever be
: held liable or responsible for the
!, contracts or faults of this Associa-
|. ton in any further sum than the
d amount of his Indebtedness to the
It Association; nor shall any mere in
u formality in organization have the
IS effect of rendering this act null, OF
% of exposing a shareholder to any
liability beyond the amount o.
his or her shares.
ARTICLE XIII.
This act of Incorporation can b.
ne altered. amended and modified b,
"a vote of three fourths of the share
ic present or represented at a genera
n meeting convened for thatpurpOst
ne or the Association dissolved by
0, vote of two thirds of the capita
re- subscribed, at general meetln
ef convened for that purpose, afte
40 ten days notice by the Secretary
as by mailing same Provided til
to capital of the Association shall nc
'al be increased unless majority {
j, all the shares in force shall vote i
he favor of such increase, nor unit
us such notice be given and sue
TAT publication be made and such TO
es- malities complied with as are
ere may be required by law.
~ ARTICLE XIV.
~ Except in cases provided for I
- Article XIII. of the Charter, eat
NJ holder of sevial stock, present
represented by written pr0x
W shall, be entitled to vote in all ele
tons, and OH all matters and
all Questions coming before :
: Association as follows, to wit:
''s One serial share up to five g
'"' elusive, he may cast one vol
:" from five sharess up to ten 9
M elusive he may cast two votes, fri
- ten shares up to twenty exclusl
~ he may cast three votes;
'"s twenty shares and over, he m
'on cast four votes. But the hOldl