The Opelousas courier., 1904-01-16

NO. l9

be vested in board of directors composed of
| three stockholders to be elected annually ON
the first Monday in September of each year; at
their first meeting said board shall elect one of
their members as president another as vice
president. and another as manager, treasurer
and secretary, and fix their salaries. The vice.
president or manager may act as secretary. At
all elections for directors the persons receiving
| the votes OF the majority in amount of the cap
elected, and at all the meetings OF the board OF
| directors the action of the majority In number
present shall prevail. A majority of the board
| or directors shall constitute quorum for the
transaction of business.
ARTICLE vi.
The board OF directors shall have authority
TO NIL all vacancies and shall have full power
! TO make and establish, as well as change and
alter at pleasure all suoh bylaws. rules and
regulations for the management OF it's affairs
as they may deem necessary; to borrow money,
buy and sell real estate, execute mortgages,
make contracts, and do oil things necessary To
advance the business OF the corporation
ARTICLE VII.
All checks, drafts and notes shall be signed
by the treasurer, and i'll case of his inability 10
act by anyone else designated by tho board OF
directors.
ARTICLE VIII.
All elections for directors shall be held ut the
ONCE or the company Oh the first Monday III
september Of each year under the supervision
oftWo commissioners to be appointed by the
board OF directors. Ten days notice of each
election shall he given in writing to each stock
holder by the president
ARTICLE TX.
The first board of directors shall consist of
Robert b. wilkins, Frank Dimmick and Oliver
2. DAILY. Robert B. Wilkins shall be president
Oliver 2. DAILY vice-president and Secretary,
aud Frank Dimmick manager and treasurer
said directors and officers shall continue i'll
Office until the first Monday in September, 1901
or until their successors shall have been elect
ed and qualified.
ARTICLE X
At all elections for the board of direcbors
every share of stock duly paid up shall lie en-
titled to one vote.
ARTICLE XII.
No stoekholder Of this corporation shall ever
be held liable for the contracts faults of said
corporation in any further sum than rhe un-
paid balance Gf the shares Of the capital stock
owned by him, nor shall any mere informality
IN organization have the effect of rendering
this charter null, or exposing a stochholder to
any liability beyond such unpaid balance.
ARTICLE XII.
All citations or other legal process shall be
served upon the president Of said company
and IN case OF his absence, upon the manager
and treasurer, and all suits for and in behalf uf
the company shall be brought in the name of
the president for the use OF said company.
ARTICLE XIII.
This charter may be altered, changed, amend
ed or modified, or the corporation dissolved by
vote OF three-fourths OF the stock issusd at
any general meeting of the stockholders CON
Vened for such purpose, after ten days notice
shall have been given to every stoeknelcer i'll
writing by the president. the same to lie sent
To such stockholder or his agent and attorney
In fact, directed TO his residence.
ARTICLE XIV.
At the termination of this charter by imita-
tlon or otherwise, the affairs OF this cuntuuy
shall be liqutdated and wound up by two fioui-
dating commissioners, who snali be ehosen by
the majority OF the stockholders at a general
meeting thereof, to be called at least ten DAYS
previous to the termination Of this charter by
written notices sent by the president to each
stockholder. In case of dissolution they shall
De chosen at meeting called to difsolve.
Fhus done and passed in my office III the
town OF Opelousas. La, on the day and month
above written, in the presence of A. J. GascLen
and George Wiison competent witnesses who
have signed with SAID parties and me, notary,
after due reading.
Witnesses:
Signed, A. j. Gaschen,
George Wilson.
Signed, r. B. Wlktns,
o. r. DAILY.
Signed, JAMES J. BAILEY, Notary.
have examined the above and foregoing
act or incorporation and find none If ita prs
visions contrary to law.
Signed, X. LEE aARIANn:
10th Judicial District of Louisiana.
Filed Dec. %, 1908.
Signed, o. b. THoNPsoN, Deputy Clerk
State OF Louisiana,
Parish Of Ct. Landry.
hereby certify that the above and foregoing
ls true and correct copy OF the original AEs
No. B2082 ON file and of record In tny Office in
Miscellaneous Book No. III, pp.---s On Dec. a.,
A. D. 1908.
S~~1 Witness my hand and the aeal Of
}sEAL. my office, at opelousas, La, this 3eth
eS~~S day of December, A. ID. 1908,
O. b. THOMPSON, Deputy Clerk,
Jan. q, 1904.-1m