The Meridional. (Abbeville, La.) 1856-1906, 1901-06-29

ADDE V LILLE, LOt
this company. Said Directors shah be
elected at almeetiDg OF the stocklold-
ers convened for that purpose on the
Third Tuesday of February in each
wear and each share OF stock present
and represented shall be entitled to
one vote but no person shall vote on
stock transferred to him or her within
ten days prior to the holding OF the
meeting. Said election shall be held
ten DAYS after notice Pubiished.in any
newspaper published in Vermilion
Parish in the State of Louisiana. Fail
ure to hold an election at the time
specified shall not dissolve the cor
poration but the Directors in Office
Shall hold their respective offices until
the elction be subsequently held after
ten DAYS notice of tEe~tilne and place
thereof. All vacancies IN the Board of
Directors for whatever cause shall be
finedsbg the remaining Directors. The
Board of Directors shall elect Presi
dent. Vice President, Secretary.
Treasurer and Manager, The Manager
need not be ii stocEholdef in the cor
poration. A majority of the board
shall constitute quorum to transact
business.
ARTICLE v.
No. stockholaer shall be liable or
responsible for the contracts faults or
debts of said corporation in any furth
er sum than the unpaid balaUce due
the corporation on the shares Of stock
owned by him nor shall any iliforma-
lity Of organizing have the effect Of
rendering this charter void or expos
ing a stoekhoIder TO any liability be-
yond the amount of his stock orin any
way rendering any stakeholder liable
as a partner. It is expressly under
stood and agreed that the stock of this
corporation shall be non asseSsabe.
ARTICLE VI.
This Act of Incorporation may be
amended, altered, modified, or the
corporation dissolved by vote Of
three fourths of the shares OF the total
amount Of stock issued at any meeting
held for that Furpose after ten days
notice ID writing mailed 10 the address
Of each stockf,older whose address
shall he known to the Secretary.
Atthe expiration IF this dharter Or II
sooner dissolved the affairs Of this cor
por8tion saalf be liqai1atgd By the
Board of Directors, who are hereby
vested with full power and authority
| to sell any and all assets Of the corpora
ton and' to convey full and complete
| title thereto and shall Rave the full
power to do ard perform all acts nee
essaly and proper to folly and COM
pleteiy liqa.date the affairs and dis
tglblte the proceeds, If any, among the
said holders in proportion to the
amount OF stock held by each.
ARTICLE VII.
The following named persons shall
] constitute the First Board of Directors:
/ ID. B. Byrum, John F. G. Helmer I.
/ j Larson, George Grove, L. w Cham
/ berlain, Wm. T. Patton, Frank Brown.
| They shall hold taeir office until the
j Third ofFebruary, 1902, or until their
successors aree lected and qualified.
THE subscribers hereto have respec-
! lively written opposite their names the
amount of stock in this corporation
subscribed for by each Of them, 50 that
Ethis act of incorporation may also serve
as the original subscription list OF said
corpora ton.
! Signed in presence of S. Rex Leblanc
and Claude Broussard, competent wit
nesses and me, Notary, after due read.
| ing Of the whole.
| MI McQuiston, seventy-fve shares
/ NE Stevens, fifty shares.
/ TWChamberlain, one hundred shares
! George Greve, one hundred and fivt
shares.
/ George R Happ, twenty-five shares
4 C H Langfor1, twenty five shares.
JohnFG Helmer, five hundred shares
i TIN Rose, fifteen shares.
i G A Englund, fifty shares.
r G Larson, thirty shares.
C A Larson, twenty -iive shares.
w Ell Westbfook one hundred shares
@ j Egnell, fifty shaiiss.
FE Brown, fifty shares.
Clyde Thomson, twenty-five shares
John Z Lytle, twenty five shares.
@ L Sheldon, twenty-five shares.
j f Galley, one hundred and tftt.
shares.
" T Patton, two hundred and fift,
shares.
WJ Latter, two hundred and fift
shares.