The weekly Iberian. (New Iberia, La.) 1894-1946, 1904-02-13
ARTICLE III.


a. ar her absence upon the Vice-Presi-
,sthereof, and iu the absence Of both said
- mon the Secretary Of said corpora
ARTICLE III.
The objects and purposes for which this
.ntIon is established, and the nature OF
usIuess to be carried on by it are hereby
elued and specified to be: To carry on a
camille business, to buy and sell hard
n furniture. farming implements, crock
/ merchandise and other property. at
hpIesa'e and retail.
ARTICLE Nv.
The capital stock Of said corporation Is
,rby 6xed at the sum OF Twenty Thousand
kI,s, to be divided and represented by
vohundred shares OF stock of the sum of
" Hundred Dollars each. said stock to be
"a IL money or its equiva lent In property
XAer laoer personal as its Board OF Direc-
Bmsy decide: this may be increased to any
kount within the limits fixed by the law
kWming the formati n and organization OF
Fprations, limited.
ARTICLE v.
All transfers Of stock shall be made on
books OF this corporation by the stock
1dor or his attorney in fact provided that
aockholder shall dispose Of his or her
II without first giving to the other
Sekholders ten days notice In writing OF
km her intention to 80 dispose OF his or her
u during which period Of time the stock
1ers to whom such notice is given, shall
the first right OF purchasing said stock
y actual value.
ARTICLE vi.
| Ill the corporate powers OF said corpora
)nshall be vested In and exercised by a
md Of Directors to be composed OF four
sons. who shall be stockholders. three OF
tom shall constitute a quorum for the
asaction of business. They shall be an
Rsllv elected by ballot at the Office OF the
5pOfstion under such form and regulations
bnsy be adopted, on the second Monday OF
u u each year. Every stakeholder shall
Ientitled to one vote for each share OF
X standing in his name on the books OF
"
iroby. and majority Of the votes cast
elect.
! failure to elect Board OF Directors on
slste above specified shall not dissolve
Evaporation, but the Directors then In Of
: shall remain In Office until their
kusors are duly elected and quail
no FIRST Board of Directors named In this
Nser, and such boards as NAV thereafter
1leted In accordance herewith, shall elect
y their number q President and Vice.
dent, Secretary, and Treasurer and
lager. The Board OF Directors shall have
tJDwer to elect the same person to fill any
OF more of the Offices above pro-
NJ.
The said Board may make and establish
Has alter and amend, any and all BY
p rules and regulations necessary ana
per TOR the support and management OF
business affairs Of the said corporation;
the said board shall have full power and
aority to borrow money, execute mortga-
Ind create liens. issue notes or other OBJ
Mions And generally to do all things
enable and necessary for the proper
(Rying ON Of the business of the said corpo-
bn.
III ARTICLE VII.
The Treasurer Manager shall be vested
tull control OF the mercantile transac.
OF Affairs of this corporation to the end
uhich II was created, by him shall All pur-
~ aid sales of said corporation be
yea. He shall draw and sign Its
4ka
ARTICLE VIII.
! This act OF lncorDof. .yion may be chang.
enendcded, altered or modified, or it may
sesolycd by the assent Of q two-thirds
Ata meeting called for that purpose;
seys prev Gus notice being given to each
alder In person or to his accredited
a a o. attorney In fact, or by mail as the
w may require.
ARTICLE XIV.
Shtil the election to be held on the Sec
AondAy Of July, 1908. the following PER-
mall constitute the first Board OF Dire
ttr~!i: FB McGowen. NJ B Jackson. O
aesuwsn and jackson: with F B Me-
~ President. and NJ B jackson as
rftss'-lt. aud q A McGowen as Secre-
..sad \ jackson as Treasurer, who
hold their Office until their successors
have been elected and qualified as
provided.