The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1905-05-26

nci Niccs' VI otItI NhluaDle CONSIDERATION, &C.
tually received by said corporation, and ne
certificate representing said shares shall he is
sued until the purchase price thereof has been
fully paid. though the Directors are author.
lIed to sell stock upon the payment Of por.
uon or the purchase price, and granting time
for the balance, provided the certificates shall
not issue until fully paid for. This corpora,
ton Is authorized to commence business as
| such us soon as Five Thousand Dollars of it,
capital stock has been actually subscribed and
| paid for. The Directors of TINS corporation
are authorized TO offer for sale the remaining
portions of said capital stock III such blocks
and at such times as III their Judgment Is al.
| viSable.
ARTICLE ".
| The stockholders of this corporation snail
| hold Il regular annual meeting on the second
tuesday of April, 1906, and annually tLereaf-
| ter, at which meetings they Shall elect from
| among their number Il Board Of Directors,
| consisting Of three stockholders, and shall
consider such other business and matters as
may come before them for consideration.
! The President, or III his absence the Vice
| President, may call special meeting. Of the
stockholders at any time he deems advisable.
! upon requiring the Secretary to give notice as
| herein provided. but at such special meetings,
| no business shall be transacted except such as
! is named in the notice calling same.
| 1t shall be the duty Of the Secretary to give
at least ten days written or printed notice by
liz,
special meeting Of the stockholders, properly
addressed to the postoitce given by SAID stock
holder upon the stock books.
All transfers Of stock, in order 10 lie binding
upon this corporation. the certificates therefor
shall be surrendered and cancelled and new
certificates issued TO the tranSteree. and pro-
PEI entry made upon the books Of this corpOr-
alton.
The officers of this corporation shall consist
of President, a Nlce-llesldent, Secretary
and Treasurer. hu: the same party may OFFICE,
ate as both Secretary and Treasurer and each
Of said officers shall perform like duties usual
ly incumbent upon such officers in corpora
lions.
Until the first annual meeting Of the stock
holders OF this corporation, the officers Of this
corporation shall be John ". Tanner. Pre>i-
dent: SilaS W. Day, Vice PreSideut, ami For
rest L. Tanner. Secretary and Treasurer,
which three shall constitute its first Board of
Directors.
ARTICLEV.
The business OF this corporation shall he
controlled by and its corporate functions eX-
ercised through a Board Of Directors cOmpOS-
ed of three stockholders, who shall have power
to fill all vacancies within their number or
among the officers Of this corporation; 10
adopt, amend and repeal set of bylaws for
governing the business OF this corporation,
and to make, adopt and break a corporate seal
al their pleasure: to sell, mortgage, or other
Wise tlCulllDeT ANY Ol lIlt Icdl estate Vi llllS
corporation. and generally to have full charge
management and control of its business and
affairs, and all officers, managers ana employ
eeS shall be subject TO the directions, orders
AMI control of said Board of Directors.
The said Board of Directors shall within ten
days after each annual election on the second
Tuesday Of April of each year, meet and or
ganZe by electing from among their number
President and Nice-hresldent, but they
may elect d Secretary aud Treasurer who are
not members Of the Board of Directors.
ARTICLE VI.
This charter may be amended r the corpor-
alton Dissolved with the assent OF three-tOurths
of the stock present or represented by written
proxy at any regular meeting OF the stock
holders. o. at any special meeting. thereof,
called for that purpose, - IN case OF amend
ment upon complying with the other pro-
visions Of law, and in the event Of dissolution
the stockholders shall elect at least, one and
not more than three hquldators to take charge
of the property and assets OF the corporation, |
sell and dispose of same under such terms as !
may be prescribed by the stockholders. and /
liQuidate its affairs in accordance with. such |
as may be given SAID hquldatOrs |
by resolution of the stockholders appointing |
them.
No stakeholder of this corporation shall ever |
be held liable or responsible for the contracts |
or faults thereof i'll any further sum than the |
unpaid balance due the company on the shares |
of stock subscribed for or owned by him, nor |
shall any informally, in organization have the |
effect of rendering this charter null. or Of en- |
posing stakeholder to any liability, beyond |
the unpaid balance. If any, of his stock:
Thus done and passed at my notarlal office, |
in the town of Welsh Calcasieu parish, Louis
lana, on this the eighth day Of march. in the |
petent witnesses, of lawful age, residents of |
this Parish, who herennto sigh, their names |
together with said parties and ME, notary,
after due reading Of the whole.
WITNESSES;
o. FULTON, John W. TANNER,
JAMES ELLIS. FoRRrsI /. TANNER,
SILAS W. DAY.
;,srAl:} LEE E. ho YossTy Public.
STATE OF LOUISIANA
PARISH OF CALCASlEU.j
Before me, Lee +: Robinson, a duly com.
and qualified Notary Public, in and
for said Parish and State, personally came
John ". Tanner. Silas W. Day and Forrest L.
Tanner, each of whom declared unto me in the
presence of the hereinafter named and UNDER
signed witnesses, that they do hereby subscribe
md bind themselves to pay for the number Of
shares of the capital stock of the Welsh Ware
louse & Supply Company" set opposite their
respective signatures hereuntO, at the par
7alue of one hundred $1,000 dollars per share.
Witness my official signature and seal at
" ii,
md James Ellis, lawful witnesses, on this the
,ighth day of March, A. D., 1905.
Name No. of Shares
rohn W. Tanner ...................3o Shares :.
Forrest l.. Tanner 80 Shares {
,ilas W. Day. Observation-Disclosures. 30 Shares
WITNESSES:
0. Fulton,
JAMES ELLIS.
LIE. ROBINSON, (-l
Notary Public. sea-
TATE OF LOUISIANA
'ARISH OF CALCASIU,)
)tfice of Clerk of the District Court.
/ hereby certify that the above and fore:
DING is true and correct copy of an act of
harter filed for record in my office on March
tn, 1905, and duly recorded on March 18th
905 in Mortgage Record Fifteen. Page 40, ct
co..
Witness my signature and official seal at Lake
harles La, this 22nd day Of April, A. d.,
905. -
tsE4L: j. w. " ba5ntv Clerk.
TohnTT nonrow mi II