The Opelousas courier. [volume] (Opelousas, La.) 1852-1910, 1904-01-23

The secretary then read the call for the meet
ing, and upon calling of the roll it was found
| that there was 1928 shares of stock represented
| at the meeting in person and by proxy.
| After examination of proxies, the secretary
announced that as more than two thirds Of tie
stock was represented, the meeting was now
| formally declared open for the transaction OF
| business.
Upon motion OF Mr.. Norman Mayer, duly
seconded, it was resolved that the proposed
amendments to charter be read and discussed
seriatim, and afterwards voted on collectively.
Upon motion, duly seconded. the president
appointed Messrs. Frank Dimmick and Leo
Judice commissioners of election
Upon ballot being taken and the votes can
vassed 1t was found that said changes being
| as follows, to-wit:
Dec o. 1908.
Last paragraph Of Article eliminated.
at anv Time more than o. q ner cent Of the stock
issued at that time, and the secretary Is pro
hibited from issuing stock to any Individual
firm or corporation for more than 25 per cent
of the stock issued at that time.
Article as amended.
All the corporate powers Of said corporation
shall be vested In and exercised by board OF
directors to be composed of nine (9) stoekhold-
ers, of whom at least a majority must reside in
the parish Of st. Landry, which board shall be
elected annually on the second Monday OF May
1908. All such elections shall be by ballot and
held at the office of said corporation under the
supervision OF two ~ commissioners appoint
ed for that purpose by the board of directors
Of which election thirty days prior notice shall
be given by publication in any newspaper
published in the city of Opelousas, La. Each
share of stock shall be entitled to one vote, to
be cast by it's owner either by proxy or in per.
son at the election, and the person receiving
the greatest number of votes at the election
shall be the directors. The failure to elect di-
rectors on the date above specified shall not
dissolve the corporation, but the then incun-
bent directors shall cali another election, to be
held within thirty, 1907 days, whereof ten days
published as aforesaid. and all directors shall
hold over until their successors are elected and
qual1hed. Vacancies occurring in the board
OF directors during the year shall be hlled by
the remaining directors from among the stock
holders, and five directors shall constitute
quorum for the transaction of ordinary busi-
ness.
At the annual or other election of the board
OF directors, the board by ballot at the said
election shall elect president, vice-president,
treasurer and secretary. The persons recelv-
ing the largest number of votes for those re-
spective offices snail be declared duly elected.
The president and vice-president shalt be men,
bers Of the board of directors. No one shall be
director who does not own. in his own name,
stock to the amount OF one hundred dollars,
free and unpledged.
The said board OF directors shall or may ap
point, from time to time, and dismiss at pleas
ure, such officers, managers, clerks, agents and
other employees as may he deemed necessary
for the purpose and business OF said corpora
ton. and to Ok and change their salaries. The
The said board of directors shall make and
establish, as we'll as change, alter and amend,
from time TO time, as they may see proper, amy
and all bylaws. rules and regulations not in
consistent with this charter, and which they
may deem requisite for the business and man
agement of the affairs of said corporation.
They shall have power and authority to con-
tract debts. borrow money, issue notes and
mortgage bonds. and generally do all that is
pertinent or conducive to the objects and pur-
'Sbses OF this organization.
A~fi nIAc ,1aI
All checks, drafts, notes, bonds, bills, or any
other obligations OF this corporation, issued in
pursuance to this charter, shall be signed by
the secretary and Guun tersgned by the presi-
board OF directors Aafa all officers of this cor
poration who shaAtBeentrusted with any funds
belonging to this corporation shall furnish
bonds in such amounts as may be determined
upon by the board OF directors and to be Sc
cured to their satisfaction.
Article IL, eliminated.
It is hereby further provided that no stock
holder shall sell or dispose of his stock to any
person until his offer to sell the same and the
price at which 1t is to be sold shall be first
made known in writing to the board of direct
0rs and an option given on the purchase of said
stock 10 said board OF directors for ten (0) full
days. @# s s@A
Article IA, eliminated
All officers of the company shall receive no
remuneration for their services, save and ex-
cept the secretary, whose compensatien,shall
be fixed bv the board Of directors.
=
OF the board OF directors was before the meet
ing for consideration.
Upon motion of Mr.. Norman Mayer. duly se-
conded by MIR. Leo Jndice, it was resolved that
designations be accepted.
Upon motion of Mr.. Norman Mayer, seconded
by MI Frank Dimmick, Mr.. a. ). Gaschen was
made temporary chairman Of the meeting,
pending the election Of new board.
The chair then appointed Messrs. Norman
Mayer and Leo Jndice as commissioners of
election for the election Of nine directors.
Upon ballot being taken and the votes can
vassed 1t was found that the following named
gentlemen had received the highest number of
votes cast:
v. II. Sibille. Homer Barousse, Pierre Mistric
A. J. Gaschen, Frank Dimmiek, Leo Judice, A.
G. Olivier, E. v. Barry and Norman Mayer, and
the same was 30 declared.
Upon motion OF Mr.. Leo Judiee, duly second
ed, the meeting adjourned
hereby certify that tile above and foregoing
is a true and correct copy of the minutes OF
the meeting of the Stockholders OF the .'Sunset
Delintng and Cotton Oil Co.. Ltd. )" held al the
office OF the company Mt Sunset, La On the
22d day of December, a. ID. 1908.
Al. GASCHFN,
Secretary CT the Company.
{ ~ Sworn ard subscribed to before
SSEAL} me. tho undersigned authority, on
S~~~~ } this 3lst day of December. a. ID. 1908
l.. AUSTIN FoNTENOT,
Jan. 2, 1904-im Notary Public.
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