The weekly Iberian. (New Iberia, La.) 1894-1946, 1902-04-26

said Board of Directors shall eject
from their number President and q
ce-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 AMI
employees, the same to dismiss or
change at pleasure, sell, convey,
mortgage, pledge, lease and purchase
property, mcv able, immovable, and
personal. borrow money, issue notes
and bonds make contracts and sign
or cause to he signed all necessary
acts, deeds, etc, and TO do all neces-
sary things to be done in the mana
cement of said business or may be
permitted by laws applicable to corpo-
ration. Three members ofsaid board,
including the president, shall consti-
tute a quorum for the TRANSACTION and
management of all business OF said
| corporation.
ARTICLE VII.
This act of Incorporate, n mag be
CHANGED. modl Fl ed or altered or said
corporation may be dissolved at a
special meeting of the stockholders
convened for that purpose after fit
tteen days prior notice by publication
in a weekly newspaper published III
the town of Jeanerette, Parish 81
Iberia, La, with the assent OF three
fourths of the capital stock OF said
Association.
ARTICLE VIII.
| No stakeholder shall ever be helt
liable or responsible for the contract;
or faults of said corporation in any
further SUM than the unpaid balance
due by him on subscription to thu
capital stoc k, nor shall any mere in
formality in organization have thu
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 shall
constitute the first Board of Director
to serve until the first Monday O
March A. ,. l903 viz c. A. McGowen
; George J. Labau, III. l.. Braeey, j. {
Akerssand, Paul N. Cyr, with the al
; c. A. McGowen as President and tn
sale George J. Labau as Vice-Presl
dent
ARTICLE x.
This corporation shall be liquidate
at the end of this term, or at its earle
dissolution. provided that thre
fourths of its capital stock shall hav
, agreed thereto at a meeting called fo
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 survive
shall act.
Thus done and passed in my oft1c
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 {
the whole.
= WITNESSES:
:. CASTOR Domingues
v. j.. poirson
G. A. McGowen
Paul N. Cyr
John E. Bourg
J. G. Akers
5 George ]. Labau
: II. L. Braney
: G. A. Poirson
Porteus r. Burke
q Walter J. Burke
G. A. Poirson,
- Notary Public,
!, State Of Louisiana, Parish Of
4 IBERIA.
OF /. the undersigned do hereby GER,
Ill fy that I have examined this, t
al charter Of the Jeanerette Rice M
A. ing Co.. ltd. and find nothing there
~ contrary to. or in conflict with ex
ing laws, and hereby approve t
he same.
Id Witness my hand officially at NJ
or 1be ria, La. this ara day of March, A