The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1902-10-25

notice shall have been given Of such
meeting and Of its object, by adver-
Using In a newspaper published In the
parish Of Grant, said State Of Louisi-
ana. The capital stock OF said cor
porati0n 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 lie divided pro
rata among it's stockholders, under
the superintendence and charge Of
three commissioners to lie appointed
for this purpose at any of the meet
ings Of the stockholders, at which it
may he voted to dissolve this cOrpOr-
stockholders, to be convened after H.
teen days prior notice Of its object
shall begiven In n newspaper publish
ed In said parish Of Grant, Louisiana.
Said commissioners shall remain In
Office until the affairs of the said cor
pOratiOn shall have been fully llqui-
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-
time to act and may I'LL such vacan-
ciea. The said commissioners may Ike
required to give bond for the faithful
performance OF their duties by the
stock holders.
ARTICLE TX.
No stakeholder Of this corporation
shall ever I've 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 cOrpO:-
alton ON the shares owned by him.
nor shall any mere fOrmality in or
ganixatiOn 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 ftsll owner
ship and control Of any portion vi
the capital stock OF this corporation.
who may desire to sell the same, shall
first give an opportunity to the board
Of directors to purchase the stock for
the company, at such price as may be
offered bona fide 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 tic permitted to sell the same.
provided that this clause shall not
apply to transfer Of stock between on
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 appearera. and me said Notary
Public, after due reading Ut the whole
(Slgned.) c. H. TEAL.
J.. +. MEAS.
JAMES J. O'QUlNN,
HI. Il. ROBB,
3. G. LAW.
Witnesses:
A. NJ. GOODWIN,
W. B. GARRETT.
GS r. W. RICHARDSON,
by. Clerk and Notary Public, Grant
Parish, Louisiana.
STATE OF LOUISIANA, I
PARISH OF RAPrDEs.
Having examined the above and
foregoing charter Of the COlfax Lum
her Company, Limited, and finding
| the aant. tn I've drawn in accOrdantx
with the provisions Of law, hereby
approve the same.
! (Signed.) JAS. ANDREWS,
| District Attorney 18th District.
Filed and recorded August 18th
4 10(l2, In Book III" of Mortgages, lIagt
Az, of the Records OF Grant Parish
! Louisiana.
a II. w. RICHARDSON.
w Deputy Clerk and Recorder.
A true copy Of the original.
| X. w. RICHARDSON.
Deputy Clerk and Recorder.