The weekly Iberian. (New Iberia, La.) 1894-1946, 1902-04-12

appoint another to fill his place. The
said Board of Directors shall elect
from their number President and a
Vice-Presldent who shall serve until
their successors are elected and quail
fed.
The Board of Directors shall have
power to fill vacancies occurring in the
Board. They shall make bylaws,
rules and regulations as they think
proper for the transaction of the bust
ness and affairs of the said corpora
ton, and change, alter and amend
the same at pleasure. appoint and fix
the salaries of all officers, clerks ana
employees, the same to dismiss or
change at pleasure, sell, convey,
mortgage, pledge. lease and purchase
property, me vable, immovable, and
personal. borrow money, issue notes
and bonds; make contracts and sign
or cause to be signed all necessary
acts, deeds, etc, and TO do all ncces-
sary things to be done in the mana
cement of said business or may be
permitted by laws applicable to corpo'
ration. Three members of said board
including the president, shall consti.
tute quorum for the transaction and
management of all business OF said
corporation.
ARTICLE VII.
This act of Incorporate, II may bt
changed, modi fl ed or altered or sait
corporation may be dissolved at {
special meeting of the stockholuer
convened for that purpose after fif
teen days prior notice 10y publication
in weekly newspaper published II
the town of Jeanerette, Parish o
Iberia, La, with the assent OF three
fourths of the capital stock of sai'
Association.
ARTICLE VIII.
No stakeholder shall ever be hell
liable or responsible for the contract
or faults of said corporation in an,
further sum than the unpaid balanc
due by him on subscription to tn
capital stoc k, nor shall any mere in
formality in organization have tn
effect of rendering this charter null
or of exposing stakeholder to an
} further liability than the unpai
balance due on said stock.
ARTICLE TX.
The following named persons shal
constitute the first Board of Director
to serve until the first Monday c
March A. ,. l9O3 viz c. A. McGower
George J. Labau, Fl. L. Bracev. J. {
Akerssand, Paul N Cyr, with the al
, G. A. McGowen as President and tn
sale George j. Labau as Vice-Pres
dent
ARTICLE X.
This corporation shall be liquidate
at the end Of this term, or at it's Garlic
dissolution, provided that thre
fourths of its capital stock shall hay
agreed thereto at meeting called fc
that purpose, by three commissioner
appointed by the Board of Director
; at regular m. citing of said Board.
Said commissioners shall be stool
holders of said corporation, the
compensation as liquidators shall b
fixed by the Board on the day of the
appointment. Said commissioner
shall continue to act until the bushes
of said corporation shall have bee
entirely closed End liquidated. and
the event of death of either or two
them, then the survivors or suvivt
shall act.
Thus done and passed in my otfic
in Jeanerette. Parish of Iberia. Louis
ana, on the day, month and year fir
above written in the presence {
Messrs, CASTOR Domingues and V. ]
Poirson. good and competent witness
es, residing in this Parish, who hay
signed these presents with the parti,
, and me, Notary. after due reading G
the whole.
WITNESSES:
. CASTOR Domingues
w. j. Poirson
G. A. McGowen
Paul N. Cyr
John E. Bourg
j. G. Akers
George j. Labau
II. l.. Braney
G. A. Poirson
:. Porteus r. Burke
Il Walter J. Burke
G. A. Poirson,
Notary Public,
State Of Louisiana, Parish of
IBERIA.
u /, the undersigned do hereby cert
j fy that / have examined thia II