The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-06-29
CONTINUED FROM SECOND PAGE. J

1
notice of Withdrawal shall be re
gistered and numbered 10y the Sc
cretary in the order of their re-
ceipt, and Withdrawing share
holders Shall be paid i'll rotation,
as glstered, 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 entitI-
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 ontinuing it,within the six
months next following such death,
and in default of action within
that time, said .sh ire and all ac-
cumul lions thereon shall become
forfei ed and revert to and become
the property of the Associa ton,
without further notice.
ARTICLE X.
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
original member. For each share
so transferred there shall be paid
twenty five cents to the Secretary,
to be credited to the Association.
ARTICLE XI.
Special meetings of the shere-
holders shall be convened at the
request in writing to ten share
holders, stating the time and ob
iect of such meeting.
ARTICLE XII.
No shareholder shall ever be
held liable or responsible for the
contracts or faults of this Associa-
ton in any further sum than the
amount of his Indebtedness to the
Association; nor shall any mere in
formality in organization have the
effect of rendering 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, amended and modified by
vote of three fourths Oft the shares
present or represented at general
meeting convened for thatpurpose,
or the Association dissolved by a
vote of two thirds Of the capital
subscribed, at general meeting
convened for that purpose, after
ten days notice by the Secretary,
by mailing SINE. Provided the
capital of the Association shall not
be increased unless majority of
all the shares in force shall vote in
favor of such increase, nor until
such notice be given and such
publication be made and such for
malities complied with as are or
may be required by law.
ARTICLE XIV.
| Except in cases provided for by
Article XIII. of the Charter, each
holder Of sevial stock, present or
represented by a written proxy,
shall, be entitled to vote in all cleo
tions, and on all matters and on
all qtestions coming before the
Association as follows, to Wit
One serial share up to five ex-
elusive, he may cast one vote,
from five sharess up to ten ex-
clusive he may cast two votes, from
ten shares up to twenty exclusive
he may 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 what.
ever upon any question or election