The Opelousas courier., 1904-01-16

The secretary then read the call Tor the meet
ing, and upon calling of the roll it was fount
that there was S823 shnres of stock represented
at the meeting In person and by proxy.
After examination of proxies. the secret arj
announced that as more thsn tWo o. now ~,
formally declared open for the transactloh u
business.
Upon motion of Mr. Norman Mayer, duly
| seconded, iU was resolved that the proposed
amendments to charter be read and discussed
serlatim, and afterwards voted on collectively
Upon motion, duly seconded, the president
| appointed Messrs. Frank DimmlcK ana Leo
| Judice commissioners Of election.
| Upon ballot being taken and the votes can
vassed 1t was found that said changes being
''' A''''""' Dec. %, 1908.
Last paragraph Of Article eliminated:
| No individual Arm or corporation shall own
| at any time more than as per 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 az amended.
All the corporate powers of said corporation
shall be vested in and exercised by board OF
directors to be composed of nine (s) stockhold-
ers, of whom at least a majority must reelde IN
the parish Of St Landry, which board shall be
elected annually on the second Monday OF May
In each and every year, beginning In tne year
1908. All such elections shall be by ballot ana
held at the office of said corporation under the
supervision of two t2) commissioners appoint
ed for that purpose by the board OF directors,
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 Its 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 dl-
reet0rs on the date above specified shall not
dissolve the corporation, but the then lncum-
bent directors shall call another election, to be
held within thirty fS0) days, whereof ten days
prior notice shall be given In q newspaper
Nttn1x, lAIl irnn ntnVM ah
hold over until their successors are elected and
qualified. Vacancies occurring In the board
OF directors during the year shall be filled by
the remaining directors from among the stock
holders, and five directors shall constitute
quorum for tie transaction OF ordinary busl-
ness.
At the annual OR other election Of the board
of directors. the board by ballot at the said
election shall elect a president, vice-president,
a treasurer and secretary. The persons receiv-
ing the largest number OF votes Tor thoae re-
spective offices snail be declared duly elected.
The president and vice-president shall be mem
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-
polnr, from time to time, and dismiss ut pleas
ure, Rueh officers, managers, clerks, agents and
other employees as may be deemed necessary
for the purpose and business of said corpora
tion and to Ok and change their salaries. The
secretary may likewise be appointed manager
establish as well as change, alter and amend.
from time TO time, as they may see proper. any
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-
mortgage bonds. and generally do all that is
pertinent or conducive to the objects and pur-
poses of this organization.
Article 6. as amended.
A 6rAffe hills
other obligations Of this corpora ton, issued in
pursuance to this charter, shall be signed by
the secretary and eountersigned by the presi-
dent, or any other person designated by the
board of directors And all officers OF this cor
poration who shall be entrusted with any funds
belonging 10 this corporation shall furnish
bonds III such amounts az may be determined
upon by the board Of directors and to be Sc
cured to their satisfaction.
Article IL, eliminated.
Itis 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 it is to be sold shall be first
made known in writing TO the board OF direct.
ors and an option gwen on the purchase of said
stock to said board OF directors for ten dol full
days.
Article IL, eliminated.
All officers of the com pany shall receive no
remuneration for their services, save and ex-
eept the secretary, whose compensation shall
be fixed bv the board OF directors.
The secretary advised that the resignation
ing for consideration.
Upon motion of Mr.. Norman Mayer, duly Sc.
conded by Mr.. Leo Judice, it was resolved that
resgnations be accepted
Upon motion OF Mr.. Norman Mayer, seconded
by Mr.. Frank Dimmick Mr.. A. J. Gasehen was
made temporary chairman OF the meeting
pending the election of q new hoard.
The chair then appointed Messrs. Norman
Mayer and Leo .Judice 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. H. Sibillc. Homer Barousse, Pierre Mistric
| A. J. Gaschen, Frank Dimmick, Leo Judice, A.
@. Olivier, e. v. Barry and Norman Mayer, and
I the same was go declared
Upon motion OF Mr.. Leo Judioe, duly second
| ed, the meeting adjourned.
| hereby certify that the above and foregoing
| is a true and correct copy of the minutes o
| the meeting of the stockholders of the .Sunse
Delinting and Cotton Oil Co., Ltd, held at tht
4 Office of the company at Sunset, La , on thu
| 72d day OF December, A. d. 1908.
A. J. GASCHEE,
Secretary OF the Company.
| ~ Sworn and subscribed to befor
/ }sEAL me, The undersigned authority, OF
| (~~~~ this 31st day OF December. A. ID. 100
| l.. AUsTIN FONTEEoT,
| Jan. 2, ISG4-Im Notary Public