The Colfax chronicle., 1903-05-09
NO. q.


per published In the town of Col
fax, or by personal notice forwarded
to each Of the stockholders through
the q. s. malls by the President or
Secretary on or before the first Mon
day OF March, A. d. 1904, and Of each
year. At all meetings OF
the stockholders each stOckholder
shall be entitled to cast, either In per-
son or by proxy, one vote Tor each
share of stock held by him. A ma
jority of the votes cast shall elect or
decide all questions before the meet
ing. Any vacancies or vacancy Oc-
curing by death, resignation or
otherwise shall be filed by the re-
naming directors, the director or
officer so elected to serve until the
next annual election. The directors
shall determine the salaries and pow
ers of their officers respectively, ana
1t is provided that all contracts
notes, checks and all other 0bligar
lions of the corporation shall besign-
ed by the secretary and treasurer and
countersigned by the president, un-
less otherwise provided by the board
of directors. The board Of directors
shall have the power to appOintsuch
officers, clerks, and employees as they
NAV deem advisable for the proper
management of the business Of the
corporation, and prescribe their du-
ties and fix their salaries. The board
OF directOrs shall also have power to
call special meetings of the stock
\ l<~v7~-<, x4s.&x. Tor thu foy1o30oY-
alton of any business they may deem
proper, provided two thirds OF the
stockholders Of this corporation sig
nifty to them their desire for such
meeting. Special meetings to be pre-
ceeded by the same notice as is pre-
scribed for the annual meetings. The
first annual meeting OF the stockhold-
ers of this corporation shall he held
on the first Monday OF April, A. ID.
1904, and until that date the follow
ing persons this day elected shall
compose the first board Of directors,
viz: william LaCroix, Chas. HI. Teal.
James j. O'Quinn, John H. McNeely,
Albert A. Dean, ThOs. G. Bush. and
f. B. Gray. and the following officers
elected by the said board Of directors
this day, viz: william LaCrOix, pres
ident; Chas. H. Teal, vice president;
and James ]. O'Quinn. secretary and
treasurer. And under this ORGANISE
tiOn business shall be Immediately
begun on the fling OF this charter.
ARTICLE vi.
1t is expressly provided thatssno
stOckholder OF this corporation shall
have tile right to sell any part o, his
o<<>OI <r onu ofhov r,aroru than n
stockholder or stockholders OF this
corporation until such stockholder
desiring to sell shall have the secre-
tary to enter notice OF his wish so
to do on the books Of the company.
and fifteen days shall have elapsed
after said notice is given on the
books of the company, provided no
stockholder shall have the right to
purchase the said stock so offered at
n less price than shall have been Of
iered to the stockh0lder Offering to
sell, by an outside party In bona
flde Offer.
ARTICLE VII.
This corporation may be dissolved
with the consent Of two-thirds OF the
stock represented ut special meet
ing Of the stockholders for that pur-
pose Gales after the eame notice has
been given as is provided for annual
meetings. And In the event Of disso-
luton of this corporation the stock
holders present shall elect two CONF
miseiOners who shall have the power
to liQuidate the nfiaIrs OF the cOrpOr-
alton. This charter may Ike amended
or altered In any respect not contrary
to law, or the capital stssGk may be
increased or diminished atany special
meeting of stockholders called for
that purpose after due notice as here
thirds Of the stock present voting
therefor.
ARTICLE VIII.
No stockholder Of this corporation
shall ever be held liable or RESPONSE
BILE for the faults or contracts Of this
corporation In any further sum than
the unpaid balance on the shares or
share Of such stOckh0lder, nor shall
any ..lere iniormality in the Organi-
SatiOn of this corporation have the
effect Of rendering this charter null
and void, nor Of exposing any stock
holder to any liability beyond that
above stated.
Thus done and 5passed and:signed
In the town of Colfax, parish OF Grant,
State of louisiana, in the presence n
Messrs. B. G. Woodruff and HI. q.
Goodwin, two competent witnesses
OF lawful age. domiciled and residing
therein, on the day Of the date first
above written, and after due reading
of the whole.
WIN. LACRoIx, % shares.
&. H. TEAL, is shares.
j. b. MCKNIGHT, 3 shares.
j. III. McNEELY, shares.
X. w. RICHARDSON, 4 shares
w. B. CLARKE, / share,
Earl. ROBERTS, 8 shares,
j. @ LONG. / share,
l.. II. JOHNSTON. 2 shares,
Is. +. LEWIS, 2 shares,
+. C. BUSH, shares,
by j. HI. McNeely.
A. A. DEAN. 2 shares,
by J. HI. McNeely.
g. A. MCKINNON, shares,
JAMES j. O'QUINN, 4 shares
f., b. GRAY, 2 shares,
J. A. HYDE. 2 shares,
| q. H. MCKNIGHT, 2 shares.
Mrs. e. MCKNIGHT, shares
Attest: by G. H. Mcknight
b. G. WOODBURY.,
II n Gnonuv~s