The Opelousas courier., 1904-01-09

be vested in a board of directors composed of
three stockholders to be elected annually OH
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 tho majority in amount of the cap
ital stock of said corporation shall be declared
elected, and at all the meetings of the board of
directors the action Of the majority in number
present shall prevail. majority of the board
OF directors shall constitute quorum for tho
transaction of business.
ARTICLE vi.
The board of directors shall have authority
TO fill all vacancies, and shall have full power
to make and establish, as we'll as change and
alter at pleasure all such bylaws, rules and
regulations for the management of it's affairs
as they may deem necessary; to borrow money,
Duy and sell real estate, execute MORTGAGES
make contracts and do all things necessary tn
advance the business of the corporation.
ARTICLE VII.
All checks, drafts and notes shall be signed
by the treasurer, and in case of his inability to
act, by anyone else designated by the board of
ARTICLE VIII.
All elections for directors shall he held at the
0thce OF the company on the first Monday III
September of each year under the supervision
OF 5, two G. commissioners y, s. to be appointed by the
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 Dimmiok and Oliver
P. DAILY. Robert B. Wilkins shall be president,
Oliver P. DAILY vice-presideut and secretary,
and Frank Dimmick manager and treasurer.
Said directors and officers shall c0ntinue in
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 directors
every share of stock duly paid up shall be Ell
titled to one vote
ARTICLE XII.
No stockholder of this corporation shall ever
be held liable for the contracts or faults OF said
corporation in any further sum than the un-
paid balance of the shares of the capital stock
owned by him, nor shall any mere infurnality
III organization have the effect of rendering
this charter null, or exposing stockholder To
any liability beyond such unpaid balance.
ARTICLE XII.
All citations or other legal process si.all he
served upon the president OF said company,
and IN case of his absence, upon the manager
and treasurer, and all suits for and iu heualf of
the company shall be brought III tho name of
the pres dent for the use OF said con- p3uy,
ARTICLE XIII.
This charter may be altered, changed amend
ed or modified, or the corporation dissolved by
o vote of three-fourths OF the stock issued st
any general meeting of the stockholders CON
shall have been given to every stockknlttr in
writing by the president the same to be sent
TO such stocRholder or his agent aud attorney
in fact, directed to his residence
ARTICLE XIV.
At the termination of this charter by litnita-
ton or otherwise, the affairs OF this company
shall be liquidated and wound up by two liqn.
dating commissioners who shall be chof en- 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
stcckholder. In case Of dissolution they shall
be chosen at a meeting called to dissolve.
Thus done ana passed in my office IN the
town OF Opelousas, La, on the day and Month
above written, in the presence of A. j. Gaachen
and George Wilson, competent witnesses, who
have signed with SAID parties and me, notary,
after due reading.
Witnesses
Signed, A. j. Gaschen,
George Wilson.
Signed. r. B. wilkins,
0. 2. DaiE.
Signed. JAMES j. BAILEY, Notary.
act of incorporation and find none uf its pre-
visions contrary to law.
Signed, II. LEE GARLAND,
18th Judicial District Of Loulsisna.
Filed Dec. ~, 1908
Signed, o. Il. THOMPSON, Deputy Clerk.
State OF Louisiana, I
Parish OF 81. landry.
hereby certify that the above and foregoing
is q true and correct copy OF the original Act
No. 620s2. on file and of record in my Office, in
Miscellaneous Book No. III. pp----, on Dec. ~.
A. d. 1908.
(~} Witness my hand and the seal Of
sEAL; my office, at opelousaa, La, shisssth
Jan. 2. 1so4.-1m o''