The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1902-09-13
ARTICLE III.

purposes OF tlilS Corporation.
ARTICLE III.
The capital Stock Of this Corporation
Is hereby fixed at One hundred Thousand
dollars (SIOOO OO.O 0) divided in two thou
sand shares of Fifty dollars t$5ODO |
each. The certificates of stock to he
issued by the President, Secretary and
Treasurer. All stocks are payabis in
cash, lands. rights or services. in such
manner and in such amount as the
Board Of Directors may determine. All
transfers ofstock shall have to be made
on the Books of this Company.
OF the 10000 capital stock. eigh-
tech thousand dollars ($iS.0O0.M shall
remain az treasury stock, to bs disposed
Of by the Board Of Directors.
ARTICLE w.
All corporate powers Of this Corpora
ton are vested in Board of Directors
composed of Four Stockholders. three (3)
of whom shall constitute q quorum for
the transaction Of business; they shall
be elected on the first Monday of Sep
TENDER 1904. and annually thereafter.
The manner Of conducting the business
Of said Corporation shall be regulated
by the bylaws to be adopted 10y said
Board. The officers of this Corporation
shall he President. Vice President.
and Secretary who shall be Treasurer;
said officers to be elected by the Board OF
Directors from among their members.
Until the FIRST election as above provi-
ded, the following stockholders shall
constitute the Board of Directors. to-wit:
Martin j. VOORHEES,, ]. Maurice Olivier.
Fernand S. BrOussard and Dan. W. yoo-
rhies; the officers to be Martin ]. yOo-
rhies. President; j. Maurice Olivier. Vice
President and Dan. W. VOORHEES,. Secre-
tary and Treasurer; all officers to remain
in Office until their successors are cleo
tel and qualified.
The Board of Directors shall I'LL va
vancies occurring amongst the officers.
also amongst their members. Meetings
of the said Board may be called at any
time by the President or by two Direc-
tors, on such notice az the Bylaws may
prescribed. The said Board shall have
the power to employ all necessary
agents. attorneys or others whom they
may think proper and right, to carry on
the objects and purposes of this Corpor
alton, and to 3x the salaries Of Officers
and employees.
| ARTICLE v.
The election of the Board of Directors
also whenever q question is submitted
to the stock holders for their decision
shalt be by ballot; each share being en-
titled to one vote; voting by written
proxy being allowed.
ARTICLE vi.
The General Meeting Of the Stock
holders shalt he held on the first Mon.
day of September A. d. 1904. and an
nually thereafter. Meetings Of said
stockholders may be called at any time
by the President. or by stockholders r.
presenting one third in amount of tht
stocks issued. Dns notice by publica
tioD for ut least ten days. in newspa
per to be given, Of the holdings Of all Of
said Meetings. besides personal writ
ten notice to oil the stock holders. Sale
notices Ia be signed by the President ant
Secretary. or by the stockholders calling
said meetings. Notices to be mailed tt
the addresses furnished by the stock
holders to the Secretary.
ARTICLE VII.
| No stockholders shall be held responsi
BILE Tor the Contracts OF this Corporation
on any further sum than the amount
represented bv his unpaid balance Of hi
subscription shares.
aRr'azFm.
This Act of Incorporation may b