The weekly Iberian. (New Iberia, La.) 1894-1946, 1902-11-15

the State of Louisiana, or such Oh
Them as the Board of Directors OF
this Corporation may from time 10
time deem necessary and adVlsanie
tn construct; t, make such connec-
tlons and business combinations
with other lines as tie Board o.
Dir. c.ors of this Corporation may
enter INTO; to transmit Intelligence
over it's wires aud buy and with The
appartenances thereof at srch rates
a. the Board OF Directors OF this
CORPORATION may establish, aud
under such rules and regulations a.
shall be by the Beard Of Directors
established from time 10 time.
And to secure The carrying out OF
the objects and purposes oil mus
Corporation, it is vested win the
rights, privrI ges and franchises
provided 10y law, and j. empowered
to do all things necessary IN the
premises
ARTICLE "
The caDitaI stock of this Corpor-
alton Is fixed at $50, 900, divided
into two thousand shares of Fwen-
ty-Flve 1925 0O) Dollars each,
which said stock and all increase
thereof shall he personal property
and transferable but no transfer
of stock shall be binding on TIE
Corporation, unless il be made OF
the stock books of SAID Corpora
ton.
ARTICLE Y.
The time aud manner of pay1n!
the stock, shall be determined b.
the Directors Of this Corporations.
ARTICLE vi.
In furtherance Ct Its objects ant
purposes. this Corporation Is vestet
with power to obtain and secure b.
purchase, grant, gift, devise an
beqnes,, both real and persona
property, and to hold the same TO
Its objects, purposes, interests AM
business, TO borrow money and t
purchase and lease property OH 1T
J own credit for the purpose of sus
tanning and maintaining its tele
phone lines, and the establishment
of connecting lines under such COZ
dltions and combinations as may b
made by the Board of Directors o
this Corporation.
ARTICLE VII.
The corporate powers OF TIL
Corporation shall be vested IN
Board of Directors 10 be comp Sc
of three 81 members, two (2) O
u whom shall constitute quorum 10
e he transaction of business.
y The following persons, stoc
;. holders of thus Corporation, sha
y be and Constitute the first Board {
/ Direct II: R. f. Hogsetl, Pres
:. dent, E. S. Broussard, Vice-Pres
= dent, and III. d. GILES, Secreta,
: They shall hold their offices unit
= their successors are t.ected an
"a qualified. The first election Tor
g Board oil Directors shall he held Q
ie the first Monday III Jafuary,
E Eight o'clock F. NJ. and subsequen
. ~ each year at the same hour, c
| tue sane day of the month of ia
ie uary. Every stock holder sha
T. be entitled TO one vote for eat
E share be shall hold and own, and
'c quorum to elect Board of Dire
u tors shall consist of majority I
{, the stock of shares issued.
ia In case Of no election Oh the ds
L fixed therefor, the Board of Dire
70 tors In office shall continue un,
= their successors are elected and e
70 ter upon the discharge Of the
"a duties. The duties OF the Pres
q dent, Vice Presldent, Secretary al
\ Treasurer, shall be set forth in ii
u bylaws of this Corporation. I'll
Board of Directors shall ha
power to appoint such other officer
IN agents and clerks as 1T may dee
Mt proper. They may be persons wi
IS are not stockholders. 1t N;
We make such bylaws, rules and reg
c. lat,ons as 1t may consider necessa
ty for the management Of its affair
ne which 1t may alter or amend fro
a time to time. The remainil
at members of tie Board of Directo
IT. shalkhave power to fill up all ,
ge eancies on said Board Of Directo
al whether by death or resignation,
Mt any other cause.
RS ARTICLE Will
re- No stock holder shall be hat
ch for any Indebtedness of the Corp
re- ration beyond the amount of /
lrs stock remaining unpaid, nor III,
le- any informally IN organizati
It's have the effect of annull,ng Il
n Charter, of exposing a stock hold
"a to any liability bevoud the nn.no