The Meridional. (Abbeville, La.) 1856-1906, 1902-03-22

| also purchase for cash or on credit,
property of any kind required for any
of the purposes of this company with
out authority of shareholders. The
Poard of Directors have the power to
issue or confer general power o. special
power on the President to issue promis-
sorry notes or othor negotiable paper.
All contracts, checksand notes Of the
company shall be signed by the Presi-
dent and countersigned by the Sec
rotary and Treasurer; and. in Ease of
the absence or inability of the .Presi-
dent to act, then by the Vice-President
and countersigned by the Secretary and
Treasurer, and in case of the inability
of Qhe Secretary and Treasurer to act,
then by some one designated by the
Board of Directors. Until the next
general meeting to be held under this
i Charter, viz on the second Monday in
June, 1903, the Board of Directors
of this company shall be composed of
! W. 81. Hunter Jr., SEVERN Leblanc, J.
Z, Nelson Greene, F. A. Godchaux, A. j.
GODDARD, p. B. Roy, d, L. Mcpherson,
j. t. Labit, W.B. White, Elias Brous-
sard and NJ. r. Cushman, with w. Fl.
Hunter Jr., Prcsident;'P. B. Roy. Vice.
President and D. L. Mcpherson, Score
tary ard Treasurer. In case of any
vacancy in the above named Board of
or any other, the remaining members
of the Board shall have the power to
fill said vacancy from among the
shareholders. and all Directors ard
! Officers shall remain in Office until their
successors shall have been elected and
qualified. The Board OF Directors
shall have power to employ all neces-
sary assistance in the way of mana
gers, qook keepers and to make and
use a set of Bylaws to govern the "copper"
alton of the corporation. Failure to
hold tie annual meeting shall not dis
solve the corporation, but the meeting
shall be held as soon as possible after
the regular day.
ARTICLE VI.
This act of incorporation may. be
changed, modified or altered, or the
corporation may be dissolved by the
assent of three tbs of the share
holders present or represented at a
meeting convened for that purpose,
after three weeks advertisementin any
weekly paper published in the town of
Abbeyille, Louisiana, and written no.
tees mailed to each stakeholder at bis
last known postoffiee address. The
corporation shall have the power to
make and use a corporate seal and the
same to break and alter at pleasure.
ARTICLE VII.
No stakeholder shall ever be liable
Or responsible for the contracts or
faults of tue said corporation in any
further SUN than the unpaid balance
due on the shares Of stuck owned by
him, nor shall any mere intu.maiity
in organization have the effect of re1-
sdering this Charter null or exposing Il
stakeholder to any lifbifily hey ond the
amount OF his unpaid stock nor shall
any informality or irregularity in or
ganization have the effect of rendering
any stakeholder liable as a partner.
ARTICLE VIII.
Whenever this corporation is dis
solved either by limitation of tie time
or by the determination of the stock
holders, its affairs Shall be liauidstt-
ed under the supervision of three COM
missioners to be known as llquidating
commissioners, to be appointed for the
purpose at a general meeting of the
stockholders, convened, after fifteen
days notice, which shall be sent by
mail to the addresses of all the stock.
holders whose addresses shall be
known to or who shall have left their
addresses with the Secretary and
Treasurer, and shall be published for
two weeks in any weekly newspaper
published in the town of Abbeville,
Louisiana, at such meeting, to consider
the liquidation OF tho corporation the
result shall be determined by the con-
sent of three-fourths of the stock pres
ent or represented at such meeting, in
case of death or inability of one of The
liqaidators to act, the survivors shall
act alone.
Thus done aud passed at my Office in
the town of AbG6ville, Parish of YER
million, State of Louisiana, the day,
year and month first above written,
in presence of j. B.. Shaw and Gustase
Godchaux, two competent witnesses
who hereunto sign their names with
said appearers and me, said Notary,
after due reading.
Witnesses:
G.. Godchaux,
John B. Shaw.
Name, Address, No. Shares and
Amount.
w H Huptar Tr M;l+ar r, Eo..a.