The southern sentinel. (Winnfield, La.) 1883-1910, 1903-04-03

shall, BY appointment MI INC
failure from any cause Whatever 70 eie.s
Directors the day named for that purpose snan
not dissolve the corporation, but the Difec'o.s
then in once, rs well ~ the ofhcers Of the saio
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 AZ hefeinbefore
provided.
AZ every election and meeting each stock
holder shall be entitled to vote for each share
OF stock registered in his name, and may vote
by proxy. -.
The election of Directors shall be by ballot
and the majority in amount OF votes cast, eacn
share OF stock voted upon to be counted for one
vote, shall elect the person or persons for wnom
they have been cast.
Alter each election the Board of Directors
shall elect from their own number the ofhcers
of said company.
ARTICLE ".
The Board of Directors shah have full power
to fill vacancies in their number caused oy
death, resignation or otherwise. from among
the stockholders OF the corporation.
The said Board shall have full control OF the
property Of this Company and shall 30 con-
duct, manage and use the same as in their
discretion they deem 1T, and that is consistent
with the objects Of this company, or the welfare
OF the same.
The said Board is further authorized to
frame and adopt such bylaws, rules and regu-
lations rs the affairs and business OF the cor
poration may require, and as it may be neces-
sary for the conducting and management there
Of; provided the same shall not conflict with
this charter, or with the laws of the State, or
with the United States.
The said Board shall elect or appoint
Secretary and such other officers, agents, EN-
ployees, servants ard clerks as it may deem
necessary for the conducting OF the business OF
the corporation, 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 oficers herein provided for.
ARTICLE vi.
This charter may be changed, modified or
amended, the capital increased or decreased,
or this corporation may be dissolved. at a
general meeting Of the stockholders convened
for the purpose, with the assent of three
fourths OF the entire capital stock, whetnef
present represented AT Sucu iucc1ihe-
Ten days prior notice of such meeting shall
be- given in any weekly English newspaper
pubiished in the town Of WINFIELD, Louisiana
In case OF dissolution or determination OF
this corporation, either by limitation OF IT'S
charter or from any cause, the liquidation OF
its affairs shall be conducted by three COM
missioners, selected from the stockholders,
with like assent and ut q meeting called Tor
that purpose, as above set forth in this article
Said commissioner shall remain in office until
the affairs Of said corporation 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.
ARTTc.E VIZ.
No stakeholder OF this corporation shall
ever be held liable or responsible for the con- |
tracts or faults thereof, in any further sum
than the unpaid balance due the company on |
The shares Oh the stock subscribed for or owned |
by him. nor shall any informally in organiza-
lion have the effect Of rendering this charter |
null, or OF exposing stakeholder to any
liability, beyond The unpaid balance, II any, OF
his stock.
This done cd passed u my notarial office, |
nthe towH 81 Winndeld, Winn Parish, lsouisi- |
INA. on the lah day q February A. ID: 1903 in
he presence Of b. NJ. Grisham and w. NJ !
Simmons, competent witnesses Of lawful age, |!
md residents Of this town, who hereuEto sign
heir Names. together with said parties, and
ne, notary, after reading Of the whole.
Witnesses:
A.