The Meridional. (Abbeville, La.) 1856-1906, 1902-01-11

Ine supervision of three Commisaaaiuer
ers who shall be appointed from "lsslon
dent. sne Fresis
A majority of the Board Of n.
ors shall constitute a quorum IT, IS
transaction of any business, and M sne
proxies shall be allowed at mee nnu no
the Board. The Board of Diraessot
may by a majority vote Of ~
Directors, mortgage, or p|edaa sae
property belonging to the cornara guy
or sell or lease the same. withant as.ol,
ence to stockholders, and in the l sas.
manner they may purchase for cash Jau y
on credit any property required fnr aas
OF the purposes of the Corporation my
Board shall have power to emnlar ahe
dismiss at pleasure any and All a ana
pioyees OF the corporation. defna - ~
duties and fix their remuneratinn snelf
The Board of Directors shall ~
from their number a President. Vieo'
President and a Secretary, and H.
Board shall have full and general nou sms
to DO all things and acts necessarv J
carry out the objects and purposes f.,
"hlch the corporation is organized
Checks and notes shall be sionad I.
the President and countersignaJ y
the Secretary, who shall be ey-OfGeia
Treasurer OF the corporation.
In cast OF a vacancy III the Board
through, death, or inability of a nam.
Der to qualify the remaining members
of the Board shall elect a stoekhol1a.
to fill such vacancy.
Failure to hold tie annual moat;n.
shall not affect the corporation. bnt tbs
meeting shall be held thereafter a.
soon as possible.
Until the regular election to be- held
on the second Monday of January. igR
the following shall compose the Board
OF Directors: Elias Broussard. Lodiaa
Leblanc, j. N. Greene, Severn L.
Blanc and W. P. Edwards. with Elisa
Broussard, President; Lodlas Leblanc
Vice President, and SEVERN Leblanc
Secretary and Ex-Oficio Treasurer.
ARTICLE 9TH.
Whenever this corporation ia dis
solved by limitation or otherwise. its
affairs shall be liquidated BY threa
commissioners to be appointed by the
stockholders at a special meeting of
Stockholders called for the purpose.
after 30 days previous notice shall have
been given by publication in a news.
published in the town of Able.
Ylita, La, and a vote of the majority Of
Snarea shan be necessary to elect
such commissioners.
AETIcLR 7rH.
IN all meetingso OF shareholders, each
share OF stock shall be allowed 70 cass
}ne vote, ;.ssi stockholders NAV be rem
'esented at such meetings BY proxy in
writing.
ARTICLE STH.
This chatter or act of incorporation
nay be amended in any particular not
Inconsistent with law, or the corpora
ION may be dissolved at a general
Meeting OF stockholders convened for
purpose after thirty days notice by
publication in a newspaper published
Il Abbevllle, La, by a tbree-fourths
Tote of the shares present and repre-
'ented at such meeting.
ARTICLE 9Th.
No shareholder shall be liable OF
esponsible for the debts, contracts or
aults OF said corporation beyond the
unpaid balance due on the shares of
took owned by him, and no mere 10.
o maiIty in organization shall have the
tfect of making any stakeholder liable
or the debts OF the corporation or Of
nvalldating or annulling this charter.
Thus done, read and signed at Alb
'eVliie, Louisiana, the day and date
.rst above written in presence OF
iessrs. ID. L. Mcpherson and William
Labit, two competent witnesses after
.ue reading, Three words erased.
Address, No. Shares and
Amount.
Has Brorssard, Abbeville, 30 shares,
two thousand and five hundred dol
lars.
,eodias Leblanc, Erath, 40 shares
TWO thousand dollars.
syerin LeBldue, AbbeFille, 10 shares
five hundred dollars.
n. Greene, Abbeville, 90 snares,
one thousand dollars.
7. P. Edwards, Abbeyille, 20 shares,
one thousand dollars. s..
Witnesses,
J. L. Mcpherson,
2. I. Labit.
~ A. ]. GOLDEN,
GrAY .e Nn%osr T,hia