The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1903-10-17


next legal day thereafter Notice of such
election shall be given by at least ten days
previous to the said election through the
secretary who shall duly notify all the
stockholders. Any failure from any cause
whatever TO elect directors on the day
| named for that purpose, shall not dissolve
! the corporation but the directors then in Of
flee we'll as the officers of said company
| shall hold over until their successors are
chosen. In such event the president shall
cause another election to be held within
thirty days and shall give notice thereof as
hereinbefore provided.
At any election and meeting each s, ock.
holder shall be entitled to vote for each
share of stock registered in his name, and
may vote by proxy. The election of dircc-
tors shall be by ballot and the majority in
amount of votes cast, each share of stock
voted upon to be counted for one vote shall
have been cast. After each election the
board of directors shall elect from their own
number the officers of said company.
ARTICLE "
The board of directors shall have full
power to fill vacancies in their number
caused by death, resi- gnation otherwise,
from among the stockholders of the corpo-
ration. The said board shall have full con-
troll of the property of this company and
shall SO conduct, manage and use the same
as in their discretion they deem fit and that
is consistent with the objects of this COM
board is further authorized to frame and
adopt such bylaws, rules and regulations
as the affairs and business of the corporation
may require and as it may deem necessary
for the conducting and management thereof;
provided the same shall not conflict with
this charter or with the laws of the State or
of the United States.
The said Board shall elect or appoint
such officers, agents, employees, servants
and clerks as it may deem necessary for the
of he IF h,.,
ton: fix their compensation. term of service
with the right to dismiss them at said
Boards pleasure and said board shall have
the right to fix and determine the salaries of
the several officers herein provided for.
ARTICLE vi.
This charter may be changed, modified or
amended, the capital stock increased or de-
creased, Or this corporation may be dissolved
at general meeting of the stockholders
convened for the purpose with the assent of
two thirds of the entire capital stock
whether present or represented at such
meeting. Ten days prior notice of such
meeting shall be given through the secre-
tary to all the stockholders of the said cor
poration. In case of dissolution or termin-
alton of this corporation either by linita ton
of its charter or from any cause the liquida-
ton of its affairs shall be conducted by three
commissioners selected from the stock
holders with like assent and at meeting
called for that purpose above set forth in
main in Office until the affairs of said corpo-
ration shall have been fully liquidated. In
case of the death of one or more of said
commissioners the survivors or survivor shall
continue to act.
ARTICLE VII.
No stakeholder of this CORPORATION shall
ever be held liable or responsible for the
contracts or faults thereof in any further
sum than the unpaid balance due the COM
pany on the shares of stock subscribed for
in organization have the effect of rendering
this charter null or of exposing a stock
holder to any liability beyond the unpaid
balance if any of his stock.
Thus done and passed at my notarial office
in the town of Carencro, Parish of Lafa-
yette. State of Louisiana, on the dav,
month and year herein first above written
in the presence of +. w. Brown and Ernest
Francez, competent witnesses of lawful age,
who he,eunto sign :her names together
with said parties and me notary after read
ing of the whole.
Orig signed,
Geo. f. n.......................2s shares
Geo: J.: Melchior.. shares
WITNESSES:
THOS. w. BROWN,
ERNEST FRANCEZ,
c. F. LATIOLAIS,
Notary Public.
Filed July grid. 1908, recorded same date
in book of Messls. Acts w page 35I and
3S2.
(Signed) F. X. HOPKINS.
by. Clerk of Court.
State of Louisiana,
Parish of Lafayette.
I hereby certify the above and foregoing
to be true and correct copy of the original
act on file and of record in my Office.
Witness my hand and seal of Office at La
fayette. La, this 9th day of July A. ID.
1903. F. X. HOPKINS.
by. Clerk of Count.