The Opelousas courier., 1904-06-25
ARt,IcLE, V

ARTICLE "
Section /. The capital stock of this corpora
tion shall be two million dollars, represented
by 10000 shares, of par value of one hundred
dollars per share. The subscription to the
capital stock to he paid in lnstalments as
called for by the board of directors, the total
amount payable not less than twelve months
from the first call, provided that not over 70
per cent. shall be called for at one time. nor
shall more than call be made every sixty
days.
subscriptions for said stock Of this corporation
slall be determined by the board of directors
except that no stock shall be issued by this
company unless it be for money or property
actually received by it, or for labor done.
Section 8. In case of the failure of any sub
scriber to pay for the whole or any part OF his
subscription at the time or in the manner fixed
by the board of directors, the shares of stock
so subscribed for, and all payments previously
made thereon, at their option may be forfeited
to the company by the board OF directors, after
service of written notice and failure to pay.
Section 4. No stOckhoder of said corpora
tion shall ever he liable or responsible for its
contracts or faults in any further sum than
the unpaid balance due the company on ac-
count of the shares of stock owned by him; nor
shall any mere informality in the organization
have the effect of rendering this charter or of
exposing the stockholders to any liability be-
You'd the amount of this unpaid stock SUBJ
scriptlon.
ARTICLE VI.
| The corporate power or THIS company Sldll
be vested in IA board OF directors composed of
seventeen members. The f1rpt board of direc-
| tors shall he constituted as follows: E. NJ.
Boagni, E. p. Veazie, NJ. Halphen, NJ. Vilaseca,
| ]. J. Thompson. J. p. Saizan, Isaac ROOs, J. B.
Sandoz, Thos. II. Lewis, f. j. Dletlein, H Z.
Estorge, 4. Lee Garland, Z. ID. Estiette, Jos.
NJ. Boagni, B: H: Pavy. O. Dardeau and l.. J:
| Dossmann. The directors herein named shall
| hold office until the first Monday in May, 1905,
! and annually thereafter on the first Monday OF
the month Of May. a general meeting OF the
I-fn hn1 nf IniI oh hn nI
and there shall be elected from among the
stockholders as many directors. to serve dur
| ing the ensuing year, as will complete the
| board. Notice of this meeting shall be given
! by the publication i'll n newspaper published at
| Opelousas and u notice mailed to each stock
holder for fully ten days prior thereto; at all
elections a vote of Il majority of the StOckhOld-
ers present and represented shall be necessary
to elect, and at such election each stockholder
shall be entitled to cast, either in person or by
proxy, one vote for each share of stock held by
him. Any share or shares OF stock transferred
ten days prior to election shall not be entitled
to vote. All directors shall continue in office
until their successors are elected and inducted
into office The directors shall elect one Of
their number to be president of said company,
and another to be Vice-preSident, and may
elect from among themselves, or appoint from
others outside of directors one person to be
secretary, another person to lie treasurer, an
other person to be the general manager, and
one person TO be attorney OF the company, or
one person to fill all positions. Said board may
also appoint such other officers or employees
as it may deem necessary. 1t shall have power
TO I'LL all vacancies occurring In It's own body;
to make all necessary bylaws, rules and regu-
latiOns for the government OF the business and
affairs OF the company, and to change the same
at pleasure as it may determine A majority OF
the directors shall constitute Il quorum for the
, transaction of all business This board of di
rectOrs may be increased by two-thirds vote
of the members, provided the total number
shall not exceed twenty-five.
ARTICLE VII.
|. This corporation may be dissolved by the as
sent of three-fourths of the amount of the sub
| scribed capital stock at a general meeting con
= Vened for such purpose after thirty days no
tfe of such meeting shall have been gwen, bt
adveI tised in one Of the newspapers published
/ IN the town OF Opelousas. The capital stocl
may be increased in manner and form prOvid
: ed by the general laws OF the State on sucl
1 subjects lt may be diminished in amour
: after complying with the same requirement
pres crIbed by the general laws of this State TO
: the increase OF the capital stock Oh such COZ
poratiOn.
; ARTICLE VIII.
, Whenever this corporation shall be dissolved
y either by limitation OF for other cause, it's al
fairs shall be liquidated its debts aud lablitie
=, paid, and the balance OF its funds, il any, b
, divided pro rata among the stockholders u1
=, der the superintendence and charge OF thre
= commissioners OF liquidation to be appointe
4 for that purpose at q general meeting of th
" stockholders convened, after thirty days priO
notice shall have been given in one of til
IT missl0neIs shall remain i'll Office until the a
g fairs of said corporation shall have been full
L liqnidated. and III case OF the death OF one Q
Vt more of the commissioners, Or other vacanc
8, occurring i'll their number, those remainin
II shall continue to act, and may fill such vacal
I, cies.
IS This charter may be altered or added to an
r time by % majority vote of the capital stoC
then issued and outstanding, at meeting
d. the stockholders convened for the purpos
after publication of notice of said meeting I.
te ten days in IL newspaper published at Il
" domicile of the company.
O. Done, passed and signed at Opelousas, L;
OF on the day, month and year aforesaid, in Il
q; presence OF Pryton r. sandoz aud Jon
ad Jacobs, competent witnesses, and me, nOta
~ public, after due reading.
of NJ Vilaseca, Z. p Veazie. NJ. Halphen, E
- Boagni, Jos. p. SaiZan, III. e. Estorge, lisa
NJ Roos f. j. Dietlein. 3. FL. Pavy tper Fl. E. /
ls, torge), E. d. Estiiette. j. J. Thompson, ].
te Jos. NJ. Boagni, K. Lee Garland, L. J. Do
,to mann, o. Dardeau.
lis Witnesses: r. r. Sandoz, Jonas Jacobs
a LUCIU5 r. CASTILLO,
he Notary Public
er- State of Louisiana,
All Parish of St. Landry
ln- (~~~~ I have examined the within a
of WV find nothing therein in COZ flict W
or the constitution and laws of the State of Lot
ate lana. / therefore approve the same.
BILE Witness my signature at Opelousas, La, t
on, Goth day of June, 1904.
or r. LEE GARLAND,
age Dist. Atty, 10th Judicial Dist. of Louisiana
al, Filed June 20, 1904.
it's State of Louisiana,
by Parish of St. Landry,
Ca hereby certify that the above and forego
is true and correct copy of the original
No. $3.50, on file and of record in my office
Miscellaneous Record Book No. H. page 62
ue seq.
In (~~ Witness my hand and the sea
airy }SEAL5 my office, at Opelousas. louisa
ucn XIV this goth day of June, 1904.
the PAUL ". LAFLEUR,
June 25, 1904. Deputy Clerl