The weekly Iberian. (New Iberia, La.) 1894-1946, 1904-06-04

appears upon the books of the corpo-
ration or by his agent or PROXY duiy
authorized to that effect n writ
ing.
ARTICLE V.
The business of this corporation
shall be directed by and vested IN
Board of Directors composed OF three
stockholders, each owning enc or more
shares of stock. Said directors SHAH
be elected at a general meeting or the
stockholders convened for that pur-
pose on the first Tuesday in Nav OF
each year and each share OF stock
present or represented by written
proxy shall be entitled to one vote.
The election shall be held at the office
of the corporation after ten days
notice through the mail to each STOCK
holder. Failure to hold an election on
the date specified shall not dissolve
this corporation. But the Directors in
office shall hold their respective ofhces
until the election be subsequently
held after ten days notice Of the time
and place thereof. All vacancies on
the said Board shall be filled by the
remaining Directors present or repre-
sented by proxy shall constitute a
quorum for the transaction Of the
business of the Company. The Board
of Directors shall elect a President,
Vice. President and Manager. The
following named persons shall const1-
tute the first Board of Directors to
serve until the First Tuesday of May.
| 1905, or until their successors shall
! have been elected : E. A. Pharr. Gall
| 0. Pharr and Mrs. Carrie Pharr with
the said E. A Pharr as President and
the said Gall O. Pharr as Vice-Presi-
dent and Manager.
| ., ARTICLE vi
This act of incorporation may be
changed, modified or amended or said
corporation may be dissolved att a
special meeting of the stockholders
convened for that purpose, after If
teen DAYS prior notice by publication
in weekly newspaper published in
the Parish Of Iberia, with the consent
of three fourths OF the capital stpck of
the said corporation.
ARTICLE VII.
At the termination of this Cherter.
by Limitation or otherwise, the Ausi
ness and affairs Of this corporation
shall be liquidated by three commisS
s,oners to I've elected from among the
fstockholders at a meeting convened.
after ten DAYS prior notice in writing,
shall have been given to each stock
holders or his duly authorized agent,
said notice to be delivered in person
or sent bv mail. Said commissioners
shall be elected and their duty shall
be defined and compensation fixed BY
majority of the shares Of stock pres
ent or represented at said melting:
said com missioners shall remain in
Office until the affairs of said corpora-
ton shall have been fully liquidated
and in case of death of one or more of
said commissioners the survivor Aor
survivors shall continue to act.
| ARTICLE VIII.
At all meetings Of stockholders held
for election of directors Or for any
other purpose. except Jor the election
of commissioners to l,auidate, a ma.
jorsty of the stock present or represen.
ted shall be quorum for the trans.
action of business and majority vote
of che stock SO present or represented
bv proxy at the said meeting shall be
sufficient to elect or decide all matter,
voted upon.
ARTICLE TX,
No stockholder shall ever be liable
or responsible for the debts, contract.
Or faults of this corporation in an,
further sum than the unpaid balance
due to the company on the share,