The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1903-08-08
Robert d. Craighead subscribes
for twenty-five shares.
ARTICLE ".


ARTICLEIv.
The corporate powers of the
corporation shall be vested in q
Board Of Directors from two to
five in mum Der, to be chosen from
the stockholders annually at their
meeting for the election of officers;
which meeting shall be held on
the second Monday in January of
each year; said meeting to determ.
inc the number of Directors for
the ensuing year.
The following persons shall
constitute the first Board of Direc.
tors: William Nash Gooch,
George Gooch, and Charles D.
Craighead, and shall continue in
office until their successors shall
have been elected at the meeting
of January 1904, and have quali-
fed.
Each Board of Directors shall at
once organize by the election of
President and Secretary Treasurer
for their number. No officer shall
receive salary for the perform
ance of the immediate duties of
his office. The failure of the
stockholders in any year to hold
meeting at the time specified shall
not operate to dissolve the corpo-
ration, but the directors in Office
shall hold over until their success
ors have been elected and quali-
! fed.
All meetings of the stockholders
shall be called by the President
and ten days notice in writing
shall be sent through the mail to
each stakeholder. At all meet.
ings held for any purpose, each
share OF stock shall be entitled to
one vote, and can be cast by the
| owner in person or through
a proxy. The Directors as above
constituted have this day organ
! lied by the election of William N.
| Gooch as President; and Charles
D. Craighead as Secretary-Tr
urer.
ARTICLE V.
The charter may be changed,
| modified, or amended; and the
| capital stock increased or decreas.
ed; or the corporation dissolved
+, at general meeting of the stock
holders called for such purpose,
and majority of the whole CAPT.
tai stock asserting thereto.
In the event of a dissolution of
the corporation, three liquidators
shall be appointed by the stock
holders, who shall take charge of
the business of the corporation
| and liquidate it's affairs; and shall
remain in Office until the affairs of
the corporation shall have been
finally liquidated.
ARTICLE VI.
No stakeholder of this corpora.
ton shall ever be held liable or
responsible for the faults or debts
of the corporation in any further
sum than the unpaid balance due
the corporation upon the shares
of stock by him subscribed or
owned; nor shall any informality
in organization hereof have the
effect of rendering this charter
null or exposing stakeholder to
any liability beyond the unpaid
balance, if any, of his stock.
Thus done and passed at my Notarial
Office in the town of Patterson, st. Mary
Parish. Louisiana, .on this LIST day Of
July, 1908. in the presence of ]. E. Nun.
son, Jr., and T. Bethel Gooch. two com.
| UifpaScoc yvhn bov
presents with said appesrers aud me.
Notary, after due reading of the whole.
w. N.GOOCH,
c. ID. CRAIGHEAD,
GEO. NJ. GOOCH,
Witnesses: Per w. N. Gooch
!. F. MUNsoN, Jr.
| I. Il. Gooch.
WILBUR H. KRAMER,
Notary Public.
| Having read the foregoing Act of ln-
corporation of the Gooch- Craighead
Company Limited, and finding nothing
therein contrary to the laws OF the
United States and the State of LOUISE
ana, have this day approved the same.
|
day of July, 1908, at Franklin. La.
W. X. WILSON,
| District Attorney.
STATE OF LOUISIANA,
| PARISH OF ST.. MARY.
|, Wilbur II. Kramer, Clerk of the
23rd Judicial District Court and exf
| CtficiO Recorder in and for the Parish o
St. Mary. State of Louisiana, do hereby
certify that the above and foregoing
Act of Incorporation is ON file and OF
record in my Office in Book 50 of N IT.
cages, page, entry No. 80, 47O.
Witness my official signature and seal
Of Court this 3-d day of July. 1908.
| WILBUR II. KRAMER,
Clerk and ex-of1icio Rccorde