The Opelousas courier., 1905-07-22

for s,,ch other valuable considerations or SER
Vices as the board of directors of said corpora
ton NAV determines; provided that no stoch
shall be issued until the consideration therefor
has been received by the said corporation. any
stakeholder may sell, assign or transfer ms
stock in this corporation provided thirty days
prior notice of such intention to sell, assign or
transfer the same be given the company, anu
the other stockholders thereof shall nave tHe
first privilege OF purchasing same, alter. when
thirty DAYS notice the said stock may Dc solu
in open market. The said stock or TINS corpol-
alton may be transferred under Inc ABOVE eoh,
ditions, provided such transfer Thereon De Liaue
on the books OF said company at ITS once III
Opelousas, La, and on surrender OF the certin,
cate therefor. No transfer OF any lractiohai
part of Il share shall be made.
This corporation shall commence dong Dusl-
ness as soon as seven thousand dollars or the
capital stock shall have been suDscrlpeu lor.
The board of directors shall have the rlSht 10
determine how much stock shall be lSsueu'
ARTICLE III.
The objects and purposes for which this cor
p%Oratiou is organized, and the nature OF the
business to be carried on by 1T, are declared 10
be the following, to-witi For the purchase ana
sale of lumber at wholesale or retail, the pur-
chase and sale of real estate and personal prop
erty, the erection of buildings for sale or rent,
ami to carry on a general CONNER cial business
in lumber or timber.
ARTICLE ".
The corporate powers of this company shall
be vested In and exercised by Il board OF three
| directors consisting of the president, vice pres
ident. and secretary and treasurer. Inree OF
said board shall constitute Il quorum 1or the
transaction OF business, and their decisions
| shall be of valid corporate acts. The following
persons shall be and coIStltute'th the hrst boafu
of directors: Louis Rogers, OF OpelOusas, presl-
dent; Berj men +. Tucker, OF Weanbleau, MIS-
souri,, vice pscSident; and Oscar Leonard Greg
Dry. of OpelStlsas, La, secretary anu treasurer.
No person shall be eligible rs director or an
officer who Is not IL stakeholder OF hlSc0m-
pany. During the absence OF the president the
slice pi csident shall act and preside. Sald board
L. i-. ,.,,N in, ,tft.,, fnrt ypAlt va InnnthS fran
this date. on which date, and thereafter an
nually, a board of directors shall be elected to
serve for the ensuing year, unless SAID DAY pea
legal holiday, when the election shall be held
the next legal day thereafter. Notice of such
election shall be given by at least len days con
tinuous publication immediately preceding
each election i'll Il newspaper OF the town OF
OpelOusas, La, and the board of directors shall
appoint one or more stockholders to preside az
such election us commissioners. In event OF
the failure of any commissioner or commission
ers to attend, the president shall by appoint
ment fill the vacancy. Failure from any cause
whatever to elect directors the day named ior
that purpose shall not dissolve the corpora
ton, but the directors then i'll office. as well as
the officers of said company shall hold over
until their successors are chosen.
In such event the president shall cause an
other election to be held within thirty days,
and shall give notice thereof as herelnab0Ve
provided. AT every election and meeting each
stakeholder shall be entitled to vote for each
share of stock registered i'll his name, and may
vote by proxy.
The election of directors shall be by ballot,
and the majority in amount OF votes cast. each
share of stock voted upon to be counted for one
vote, shall elect the person or persons for whom
they have been cast; After such election tn the
number the officers of said company.
ARTICLE V.
The board of directors shall have full power
to ill vacancies in their number caused by
death, resignation or otherwise. from among
the stockholders of the corporation. me SAID
loop1 shall ha va fnll control or the nrnnPrfV ri
this company, and shall so conduct, manage
and use the same as in their discretion they
deem fit and that is consistent with the oolects
OF this company or the welfare of the same
The said board Is tighter authorized to fram'
l and adopt such bylaws, rules and regulation!
as the affairs and business of the corporation
may require, and as it may deem necessary foI
the conducting aud management Thereon, pro
vided the same shall not conflict with TIL
charter, or with the law of this State, or TIT
, United States. The said hoard shall elect o.
> appoint a secretary and such officers, agents
employees, servants and clerks AS 1t may deem
necessary for the conducting of the business o
the corporation, fix their compensation, tern
! Of service, with the right TO dismiss them a
! said boards pleasure; and said board shall hav
the right to fix and determine the salaries o
the several officers herein provided for.
ARTICLE VI.
This charter may be changed, modified o
a amended, the capital stock increased or de
creased, or this corporation may be dissolved
at a general meeting of the stockholders cor
vened for the purpose. with the assent OF three
fourths of the entire capital stock, Whethe
present or represented at such meeting. lei
days prior notice of such meeting snall De give
q in any English newspaper published III tn
town OF OpelOusas, La. In case OF dissolution
or termination of this corporation, either D.
limitation of its charter or from any cause, tn
Iouidation of its affairs shall he conducted b.
three commissioners, selected from the stocl
holders, with like assent, and at a meetln
called for that purpose, as above set 1ortn !
in office until the affairs of said cOrp0ratlo
shall have been fully liqnidated. In case OF tn
death of one or more of said commissioners IN
survivors or survivor shall continue to act.
ARTICLE VII.
No stakeholder of this corporation shall eve
be held liable or responsible for the CONTRACT
or faults thereof, in any further sum than III
unpaid balance due the company on the snare
n of stock subscribed for or owned by him. ne
shall any i~nformality in organization nave I'll
effect of rendering this charter null, or OF e!
posing a stockholder to any Liability beyon
the unpaid balance, if any, of his stock. O
Thus done and passed at my office, IN Il
town of Opelousas, La, on the day., month az
year herein first above written, in the present
of B. A. Gnidry and Kenneth Baillio. comp
tent witnesses of lawful age, residents OF tn
town, who hereunto sign their names, togeth'
T. with said parties and me, notary, after readin
of the whole.
O. L. Gregory, thirty 800 shares.
- B. F. Tucker, per 0 l.. Gregory, 80 shares.
Louis Rogers, ten QO) shares.
Witnesses: 3. A. Guidry, Kenneth Baltic.
LUCIUS G. DUPRE, Notary Publ
I, Robert Lee Garland, District Attorney
- the 10th Judicial District of Louisiana, do her
Y by certify that have examined the fOregoir
act of Incorporation of the st. Landry L,imb'
Co, Ltd, which has been handed me for exaI
e ination as to its legality, and that I am of tt
opinion that the objects and purposes of sa
corporation, as specified in said act, are legs
- and that none of the provisions therein co
tanned are contrary to law.
Parish of st. Landry, this It'll day of July,
d. 1905.
|. r. LEE GARLAND,
Dist. Atty, 18th Judicial Dist. of Louisiana.
Filed July 8, 1905.
l. ALFRED PAVY, Deputy Clerk.
State of Louisiana, !
Parish of st. Landry, )
r. I, Alfred Pavy, Deputy Clerk of the Is
Judicial District Court, do hereby certify tn
- the above and foregoing is a true and CORE
copy of the original. No. 55.475. on file and
record IN my office. in Miscellaneous Book N
IL, date July 9Th, 1905.
(~ / Witness my hand and seal of offic
4 }SEAL} at Opelousas, Louisiana, this 8
10 w. day of July, A. D.. 1905.
ALFRED PAVY. Deputy Clerk.
July Is. 1905.-1m r.
+ Z; NEW ROYAL