The Opelousas courier., 1904-01-09

The secretary then read the call for the meet
ing, and upon calling of the roll it was found
that there was sS23 shares Of stock represented
at the meeting in person and by proxy.
| After examination of proxies. the secretary
announced that as more than tWO-thlrds OF TIE
| stock was represented, the meeting was now
formally declared open for the trahsacuoh Vi
business. ,,
Upon motion of Mr.. Norman Mayer, duly
seconded, it was resolved that the proposed
amendments to charter be read apd dlscusseu
seriatim and afterwards voted on collectively:
Upon motion, duly seconded, the president
appointed Messrs. Frank Dimmick ana Leo
Judtce commissioners OF election.
Upon ballot being taken and the votes can
vassed it was found that said changes being
as follows, to-wit: ,ooo
Last paragraph of Article eliminated,
No Individual firm or corporation shall own
at any time more than as per cent OF the stoek
issued at that time, and the secretary ls pro,
hibited from issuing stock to any 1ndlVldual
firm or corporation for more than 25 per cent
of the stock issued at that time.
Article as amended.
shall be vested in aud exercised by O board OF
directors to be composed Of nine (9) stockhold-
ers, Of whom at least a majority must reside ~
the parish of St. Landry, which board snail be
elected annually on the second Monday OF may
in each and every year, beginning in the year
1903. All such elections shall be by baiiot ana
held at the office OF said corporation under the
supervision of two (2l commissioners appoint
ed for that purpose by the board OF directors,
of which election thirty days prior notice shaIl
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 it's 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-
rectors on the date above specified shall not
dissolve the corporation, bnt the tnen n lneum no
bent directors shall call another election, to De
held within thirty (S0) days, whereof ten days
prior notice shall be given IN Q newspaper
published as aforesaid. and all directors shal!
hold over until their successors are elected ana
qualified. Vacancies occurring IN the ooard
OF directors during the year shall be filled by
the remaining directors from among the STOCK
holders, and five directors shall constitute
quorum for the transaction OF ordinary pusl-
ness.
At the annual or ether election Of the board
of directors, the board by ballot at the SAID
election shall elect president, vice president,
treasurer and secretary. The persons recelV-
ing the largest number OF votes for those re-
spectiVe offices shall be declared duly elected.
The president and vice-president shall be men,
bers OF the board of directors. No one shall be
a director who does not own in his own name,
stock to the amount OF one hundred dollars,
free and unpledged.
|. The said hoard OF directors shall or may ap-
point, from time to time and dismiss at pleas
ure, such officers, managers, clerks, agents ana
other employees as may be deemed necessary
for the purpose and business OF said corpora
ton. and to tx and change their salaries. The
secretary may likewise be appointed manager:
establish, as we'll 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.
agemeut of the affairs of said corporation.
They shall have power aud authority 10 con-
tract debts. borrow money, Issue notes ana
mortgage bonds. and generally do all tnat Is
pertinent or conducive TO the objects and pur-
poses of this organization.
Article g. as amended.
foho lis S1raft ftS
other obligations of this corporation, issued In
pursuance to this charter, shall be signed by
the secretary and counterslgned by the pres1-
dent, or any other person designated by the
board of directors And all officers of this cor
poration who shalt be entrusted with any funds
belonging TO this corporation shall furnish
bonds In such amounts as may be determined
upon by the board OF directors and to be Sc
cured to their satisfaction
Article IL, eliminated
1t is 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
0rs and an option given on the purchase or SAID
stock to said board of directors for ten lo) full
days.
Article IA, eliminated.
All officers OF the company shall receive no
remuneration for their services, save and ex.
cept 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 ser
conded by Mr.. Leo Judice, it was resolved that
designations be accepted.
Upon motion of Mr.. Norman Mayer, seconded
by Mr.. Frank Dimn1ick, Mr.. A. j. Gaschen was
made temporary chairman of the meeting,
peilaing the election of a new hoard.
The char 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 it was found that the following named
gentlemen had received the highest number OF
votes cast:
WI. Sihille. Homer Bareusse, Pierre Mistric
A. j. Gaschen. Frank Dimmck, Leo Judice, a.
G. Olivier, E. v. Barry and Norman Mayer, and
the same was so declared.
Upon motion of Mr. Leo Judice, duly second
ed, the meeting adjourned.
I hereby certify that the above and foregoing
is true and correct copy of the minutes oil
the meeting OF the stockholders OF the "Sunset
Delinting and Cotton Oil Co. Ltd, held at the
Office of the company at Sunset, La on the
| 22d day of December, A. ID. 1908.
Al. GAsCHEN.
| Secretary OF the Company.
{ ~~-1 Sworn and subscribed to before
}sEAL} me, The undersigned authority, on
(~~<~ this 3ist dsy of December. A. ID. 1906
l.. AUSTIN FONTENOT,
Jan. Q, 1904-lm Notary Public.
| ~ !" I'D yE T1 I'D