The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1902-10-18

SS~SSu~s1oCS SAts1f UC cutbtAcO I'D cas-
either In person, or by proxy, ON
vote Tor each share OF stock held b,
him: All vacancies Of the said boar
shall be filed by 1t. The board shall
at Its firSt meeting after its election
elect from its members a Presfden
and Vice President, a General Mana
ger and Secretary and Treasurer
The office OF Secretary and Treasures
may be combined into one Office ant
person at the option OF the board
The board shall appoint spch 0thel
officers and employees as it may deem
necessary. and shall have power t.
make all necessary bylaws, rules ant
regulations, for the government O
the business and affairs OF the COmpa
ny, and to change the same at pleas
ure as 1t may determine.
ARTICLE vi.
A meeting of the stockholders NAV
be called at any time Ivy the board q
directors, and shall lie called by thu
President or the Secretary, at any
time, upon the written request u
stockholders owning at least one
tenth OF the capital stock Of the said
Company, Mt such time issued and
outstanding. such meeting shall be
called In the manner and way, az
hereinabOve described and stated,
with respect to annual meetings, and
shall he conducted In the same man
ner. and at all meetings, of the stock
holders. a majority IN amount Of the
capital stock 0f this Company issued
and outstanding shall constitute \
vuorum for the transaction OF bust
ness.
ARTICLE VII.
This charter may lie altered or
amended Or this Company dissolved
with consent of three-fOurths in
amount OF the outstanding stock,
represented In perxOn. or by proxy,
at 4 meeting of the stockholtiers con.
yened for that purpose after % days
notice shall have been given Of such
meeting and Of its object. by adver-
tissng In a newspaper published In the
parish OF Grant, said State 0f Louisi-
ana. The capital stock Of said cor
pOratiOn may lie 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 he liquidated aud 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 superintendent and charge OF
three commissioners to Ike appointed
for this purpose at any OF the meet
tngs Of the stockholders, at which II
may Ike voted to dissolve this corp0r-
alton. or at a general meeting of the
0ckholders, to be convened after If
teen days prior notice Of Its object
shall be given In a newspaper publish
Ell In said parish Of Grant, Louisiana.
Said commissioners shall remain IN
Dftice until the affairs Of the said cor
poratiOn shall have been fully liQui-
Hated, 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 ill such vacan-
cies. The said commissioners may lie /
required to give bond for the faithful
Of their duties By the
stock holders.
ARTICLE TX.
No stakeholder Of this corporation
shall ever he held liable or responsible
'Or the contracts or faults Of such
It's agents. officers, and
In any further sum tbnn
the unpaid balance due to the cOrUO.-
alton on the shares owned BY him.
lor shall any mere fOrmality in or
:anization have the effect to render |
his charter null, or Of exposing Il
'tockholder to any Inability beyond |
he amount Ut his stock.
ARTICLE x.
Any stOckhOltler l,eing then in the |
ulI possession and having fill owner
hip and control of any portion Of |
he capital stock Of this corporation, |
who may desire to seIl the same, shall |
lrst give an opportunity to tile board |
y directors to purchase the stock for
he company, at such price NJ may he /
'nered bona fide by any third pcrsOn.
Ind In case Of their refusal or failure
. buy, then to each Of the Individual |
and he shall xive them
nch offer for thirty days before he
hall he permitted to sell the same.
provided that this clause shall not
lpply to transfer Of stock between or
mOng the present stockholders Of
his corporation.
In testimony whereof we have here
INTO set our banda. and seals, this
ay and year above written. In the
presence Ut A. NJ. Goodwin and w. u. i
Jarrett. witnesses Ut lawful age and
omicfI. who sign thessc preaents with
MD appearers, and me aaid Notary Il
'ublic. after due reading of the whole. |,
(Signed.) q. H. TEAL. 1
J. +. MEAS.
JAMES J. O'QUINN, |,
H. Il. ROBB,
3. G. LAW. Il
Witnesses:
j. NJ. GOODWIN,
'. b. GARRETT.
% r.. W. RICHARDSON,
y. Clerk and Notary Public, Grant
Parish, Louisiana.
STATE OF LOUISIANA, / T.
PARISH OF RAPTDEs. III
Having examined the above and |,
)regOing charter of the COlfax Lum- ,
er Company, Limited, and finding
he same to be drawn In accordance
18th the provisions Of law, hereby /.
pprOve the same.
(Signed.J JAS. ANDREWS, (,
District Attorney 18th District.
Filed and recorded August 18th,
l02, In Book III" 0f Mortgages, page