The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1904-03-02

seven of whom shall constitute
quarum for the transaction Of business
and each of whom shall have in mis-
own name at least three shares OF
stock. From this Board of Directors
shall be chosen by the Board the
President and Vice-President of this
Associations: said choice to be made
at the first meeting of each new Board.
All checks or drafts for money shall
be drawn by the President, shall be
entered and c~Ountersigned by the
Secretary of this Association.
ARTICLE X.
The following named persons shall
constitute the first Board of Directors
and so continue to remain until the
first Monday of December 1904 and
until their successors shall have been
elected as herein provided, namely:
Henry Robertson. Joseph BOudreaux,
Samuel A. Fisher, Jesse Couch.
DamOnville DOucet, Adam Figaro,
Joseph Dugas. Albert F.. WOOdiey.
Joseph K. Pellerin, Hamilton B.
Hawkins.
ARTICLE XII.
The Board of Directors shall be
elected by the shareholders by ballot.
on tf,e first Monday of December of
each succeeding year, each share to be
entitled to one vote. to- be cast by the
owner personally or under his written
proxy to another shareholder. q
majority of the votes east electin2.
All vacancies occurring on the Board
shall he filled by the Board from
among she stockholders.
ARTICLE Kill
There shall be a Secretary and q
to be elected by the Board
of Directors, the Secretary shall re-
such salsry as may be deter
minsd by the shareholders at their
annual meeting: they shall be. remova-
BILE by tie Board for cause. The
shall furnish bond W tn
solvent security for the faithful per-
Of his duties. The amount,
Of the bond to be- fixed by the Board
and the same to be apprO Ned' and
accepted By them The Treasurer
shall deposit the monies of the. AssO-
in a Bank named by the Board
If Directors
ARTICLE XIII.
This Charter may be changed, mOdi-
led or altered, or this corporation
nay be dissolved by and with. the
assent of tf1ree-fOurths Of the.
tOckhOlders, at q special meeting of
aid stockholders called for that pur-
'ose by ten days previous notice by
nail, stating the object of the meeting.
ARTICLE XIV.
No ~lnformahty in the organization
t this corporation shall have. the
hect OF annu31ing this charter. or
xpose any shareholder to any lfabi-
ty beyond the. unpaid balance ODhis
tOck.
ARTICLE XIV.
The several offices as above mem
Oned in this charter shall be
vely filled antil the next regular
for same by the following
AIMED lncOrpOratOrs, to wit:-That Of
resident by Albert E. WOOdley: i
ice-President BY Jos. E. Pellerin: !
ecretary by Hamilton b. Hawkins: ]
nd Treasurer" BY Willie Williams
Article XVI.
Any member of this corporation who
ay hereafter wish to withdraw shall
.mmunicate his intention to that
feet, in writing to the Board of
irectOrs, at least thirty days i'm adj
lnce. Any shareholder withdraw
z within n year after enteringv the
ssOciation shall receive the amount
Id in by him less his prorata of ex-
nseS for n year: any shareholder
n rear after entering
e Association shall receive only ten
r cent OF The profits of his share.
OF stock shall only be made
'On the books of the Association and
n issuance Of q new certificate
erefOr, for which q charge Of ten
nts shall be made.
ARTICLE XVII.
All applications for stock shall h
10 the Board of Directors
: approval.
ARTICLE XVIII.
AZ the dissolution of this corpora
n by. limit of time. by consent or
ierwlse. its affairs shall be liquids {
under the supervision of three
nm1ssaoners from among the stock.
loers to be selected for that purpose
the Board who shall have full
wer TO sell all assets of whsteyer
ID belonging to the Association
lvey full and complete title thereto.
" payment therefor and gen.
lily to do and perform All ACTS
for a faithful and comnIete
Element and liquidation of it's
airs.
,hus done, executed and signed be-
e me, and in the presence of Charles.
PATTERSON and Samuel r. Parker
!. TWO competent witnesses. who
a their names with said appearers
The date first above mentioned.
, following named appearers not
wing how to sign make their or |
airy marks.
gned) ALBERT f. WOODLEY
HENRY X ROBCRTSoN
mark 3