The Opelousas courier., 1905-09-23

pon - hSAcoS "ASo a. - SHuh VA AleJ GhOh-
sand $3.50, 00O) dollars, divided in five thousand
5000 shares OF a par value OF ten $50 dollars
each, and this corporation shall be authorized
it's capital stock shall have been disposed of.
The capital stock shall be represented by GER
~tlficates fully paid and worcestershire, signed
secretary, and said stock shall be transferable
only on the books of the company at its office
in Opelousas, La, by the owner in person or
by, proxy, upon, surrender of the certificates
Article VI. ALI corporate powers of this
company, except those reserved by law or by
this charter to the stockholders, shall be vested
in and exercised by a board OF seven "a direct
ors, to be composed of seven stockholders. The
said directors shall be elected by ballot in an
nual meeting OF stockholders, under the super
the directors, which meetings shall be held an
nually on the first Monday in October OF each
year, ten l0) days notice of said meeting to be
given each stakeholder by notice mailed to him
publication three (3I times in any paper pub
lished in the town of Opelousas, La. At all
meetings of the stockholders, each stakeholder
shall be entitled to east one vote, in person or
by proxy, for each share of stock standing in
his name on the books of the company, but no
stock shall be transferred within ten tlG days
| prior to the time of said meeting, nor upon the
| day thereof. Failure from any cause to hold
| said annual meeting shall not dissolve the cor
pOration. but the directors and officers then
serving shall continue to hold office until their
successors are duly elected and qualified, and
in case OF failure to hold said annual meeting
at said time same shall be held as soon there.
after as practicable, after due notice to the
stockholders as above provided. At the first
meeting held by them after their election, the
| said board of directors shall elect one of their
number as president, one as vice-president
| one as secretary, and one as treasurer. Five
| ~ members of said board shall constitute a
quorum for the transaction of any aud all busi-
bonds. deeds, leases or other obligations Of the
company shall be signed by the president, and
in his absence or inability to act, by the vice.
president. and shall be conntersigned by the
secretary. The first board of directors OF the
company shall consist of Fred. L. SandOz, John
J. Healey, Hart Fl. Sandoz. Frank j. Dietlein,
Bernard Bennett, Allie B. Pickett and Peyton
r. SandOZ, of which Fred. l.. Sand0z shall be
president, Bernard Bennett vice-president.
John J.. Healey secretary, and Frank j. Diet
lein treasurer. said directors and officers to re-
meeting of stockholders, to be held the first
Monday in October, 1906, or until their success
ors are duly elected and qualified.
Article VII. This charter may be changed
or amended, or this corporation may be dis
solved, with the assent of three-fourths of the
capital stock present or represented at O meet
ing of the stockholders called for that purpose,
after publication of notice of such meeting for
thirty 800 days previous in any newspaper
published in the town Of Opelousas, La, ana
written notice addressed to each stakeholder
tied in the pOstOfice, postage prepaid, thirty
(3) days prior to the date of said meeting.
The capital stock OF this corporation NAV be
increased or diminished in the manner now, or
which may hereafter be provided by law.
Article VIII. Whenever this corporation ia
dissolved, either by limitation or by vote of the
stockholders. its affairs shall be liquidated by
three ~ commissioners elected from among
the stockholders at a meeting held for thai
purpose, due notice OF which must be given in
the same manner as provided for stockholders
meetings, as specified il Article Z of this char
ter. In case OF death or resignation Of either
OF said commissioners, those remaining shall
~ the vacancy by appointment from among
main in Office until the affairs OF the company
are fully settled up.
Article TX. No stakeholder shall ever he held
liable or responsible for the contracts, faults or
debts of this corporation in any manner or in
any further SUM than the unpaid balance due
the company on the shares of capital stock
owned or subscribed for by him, nor shall any
In the organization ever have the
effect of exposing the stakeholder to any liza
bility beyond the amount of his unpaid stock.
The said appearers have s~everally written
shares of capital stock subscribed for bV them.
SO that this charter may serve as the original
subscription list for the formation of this cor
Thus done and passed at my office at opelor-
sas, La, on the day and date first above writ
ten, and in the presence of Aehille L. Roos and
Henry Gallois, competent witnesses. who have
Witnesses: F. L. Sandoz, shares
III. Gailois. j. J. Healey,
P. r. Sandoz,
b. Bennett,
A. B. Pickett, !"
r.. j. Dietlein, "
O.. G. SandOz, I"
w. Q. PERRAULT, Notary Public.
State OF Louisiana,
Parish OF st. Landry.
/ have examined the within and foregoing |
act of incorporation, and find nothing therein |
n conflict with the Constitution and Laws of
State OF Louisiana; and / therefore approve |
Witness M signature at Opelousas, La, this |
9TH day OF September, "a. d. 1905.
Signed, r. L. GARLAND,
Dist. ATTY.
10th Judicial District OF Louisiana.
/ hereby certify that the above and foregoing
our pages is q true and correct copy OF the |
original Charter OF the Pelican Oil and Mineral |
Company. Ltd, filed in my Office, September Q, |
w. numbered -----,a and same day duly re-
s0r0od IN BOOK -, $500. l
(s.@ Witness my hand and seal, at Opel
SEAL otlsas. La, this 9th day of Septem-
(~~1 ber, 1905.
Y. ANDREPoNT,
sept. 10, 1905-1m Clerk.