The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1902-09-20


outstanding. such meeting shall he
called in the manner and way, as
hereinab0ve described and stated,
with respect to annual meetings, and
shall be conducted in the same man.
ner. and at all meetings. Of the stock
holders, a majority in amount OF the
capital stock OF this Company issued
and outstanding shall constitute q
vuorum for the transaction OF bust
ness.
ARTICLE VII.
This charter may be altered or
amended or this Company dissolved
with consent of three-fourths In
amount of the outstanding stock,
represented in person, or by proxy,
at meeting OF the stockholders con-
vened for that purpose after 80 days
notice shall have been given OF such
meeting and of it's object, by adver-
tisingin newspaper published In the
parish OF Grant, said State Of L0uisi-
ana. The capital stock of said cor
pOration may be increased or dimin-
ished In the manner or form provided
by the general laws of the State of
Louisiana on these subjects.
ARTICLE VIII.
When this corporation shall dis
solve, either by limitation or for any
cause. the affairs of the corporation
shall be liquidated and it's debts and
liabilities paid, and the balance of it's
funds, II any, shall he divided pro
rata among its stockholders, under
the superintendence and charge of
three commissioners to be appointed
FOR NJ ~, of t,n
fngs OF the stockholders, at which it
may he voted to dissolve this corpor-
alton, or at q general meeting OF the
stockholders, to be convened after fif-
teen days prior notice of its object
shall begiven in a newspaper publish
ed In said parish of Grant, Louisiana.
office until the affairs of the said cor
poration shall have been fully liqui-
dated. and In case OF the death of one
or more OF said commissioners, or
other vacancies occurring In their
number. those who remain shall con-
tinue to act and may fill such vacan-
cies. The said commissioners may he
required to give bond for the faithful
performance OF their duties by the
stock holders.
ARTICLE TX.
No stakeholder OF this corporation
shall ever he held liable or responsible
for the contracts or faults Of such
corporation, Its agents, officers, and
employees, In any further sum than
the unpaid balance due to the corpor-
alton on the shares owned by him,
nor shall any mere formality In or
ganizatiOn have the effect to render
this charter null, or of exposing a
stakeholder to any liability beyond
the amount OF his stock.
ARTICLE X.
Any stakeholder being then In the
full possession and having full owner
ship and control of any portion of
thecapital stock of this corporation,
who may desire to sell the same, shall
first give IN opportunity to the board
OF directors to purchase the stock for
the company, at such price as may be
offered bona fitle by any third person,
and In case of their refusal or failure
to buy, then to each of the individual
stockholders, and he shall give them
such offer for thirty days before he
shall he permitted to sell the same.
provided that this clause shall not
n
among the present stockholders of
this corporation.
In testimony whereof we have here
unto set our hands, and seals, this
day and year above written, in the
presence Of A. NJ. GOODWIN and w. b.
Garrett, witnesses Of lawful age and
domicil. who sign these presents with
said appearers. and me said Notary
Public, after due reading of the whole.
{Signed.) C. H. TEAL,
j. F. MEAS.
JAMES J. O'QUINN,
H. f. ROBB,
S. G. LAW.
Witnesses:
A. NJ. GOODWIN,
w. b. GARRETT.
% II. w. RICHARDSON,
by. Clerk and Notary Public, Grant
Parish, Louisiana.
STATE OF LOUISIANA
PARISH OF RAPIDEs.
Having examined the above and
foregoing charter of the CoIfax Lum-
Der Company, Limited, and finding
the same to he drawn In accordance
with the provisions Of law, hereby
approve the same.
(Signed.) JAS. ANDREWS,
District Attorney 18th District.
Filed and recorded August 18th.
1902, In Book "H" Of Mortgages, page
AT. Of the Records Of Grant Parish.
Louisiana.
"a II. w. RICHARDSON,
, " Deputy Clerk and Recorder.
A true copy of the original.
X. w. RICHARDSON.
Deputy Clerk and Recorder.
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