The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1905-05-12

certificate representing said shares shall be 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-
ton of the purchase price, and granting time
not issue until fully paid for. This corpora
ton is authorized to commence business as
such as soon as Five Thousand Dollars Of its
capital stock has been actually subscribed and
paid for. The Directors Of this corporation
are authorized to offer for sale the remaining
portions Of said capital stock in such blocks
and at such times as in their Judgment is al
visable.
ARTICLE ".
The stockholders of this corporation shall
hold regular annual meeting on the second
Tuesday Of April. 1906, and annually thereaf-
ter, at which meetings they shall elect from
among their number 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 in 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
mail, to each stakeholder Of any regular or
special meeting of the stockholders, properly
addressed to the postotfice given by said stock
holder upon the stock books.
All transfers of stock. i'll order to be binding
upon this CORPORATION, the certificates therefor
shall be surrendered and cancelled, and new
certificates issued to the transferee, and pro-
pei entry made upon the books of this corpor-
alton.
The officers Of this corporation shall consist
of q President, a Vice-PIesident, Il Secretary
and Treasurer, but the same party may 0tficl>
lf,th 40. r,,l FIr,.n nr1l
of said officers shall perform like duties usual
ly incumbent upon such officers III corpora
tons.
Until the first annual meeting of the stock
holders of this corporation the officers Of this
corporation shall be John W. Tanner, PreSi-
dent: Silas W. Day, Vice President, and For.
rest L. Tanner. Secretary and Treasurer,
which three shall constitute its first Board Of
Directors.
ARTICLEv V.
The business of this corporation shall be
controlled by and its corporate functions eX-
ercised through Board of Directors cOmpoS-
ed of three stockholders, who shall have power
to till all vacancies within their number or
among the officers OF this corporation; to
adopt amend and repeal set OF bylaws for
governing the business of this corporation,
and to make, adopt and break a corporate seal
at their pleasure: to sell, mortgage, or other
wise encumber any of the real estate of this
management and control OF its business and
affairs and all officers, managers and employ
ees shall be subject to the directions, orders
and 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
ganlZe by eleCting from among their number
a President and Nice-President, but they
may elect a Secretary and Treasurer who are
not members of the Board OF Directors.
ARTICLE VI.
This charter may be amendedOr 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, OF at any special meeting thereof,
called for that purpose, IN case OF amend
ment upon complying with the other pro-
visions OF law, and III 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 unuer STclI Terms al
liqnidate its affairs in accordance with, such
instructions as may be given said llquldators
by resolution of the stockholders appointing
them.
No stockholder of this corporation shall ever
be held liable or responsible for the contracts
or faults thereof. in any further sum than the
unpaid balance due the company on the shares
Of stock Subscribed for or owned by him, nor
shall any infOrmallty IN organization nave the
effect of rendering this charter null or Of eX::
posing a stockholder 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, III the
presence of Q. Fulton and James Ellis CON-
petent witnesses, OF lawful age, residents of
This Parish. who hereunto sign their names
with said nal and
after due reading Of the whole.
WITNESSES:
O. FULTON. JOHN w. lANSER,
JAMES ELLIS. FORREST /. Tanner,
SILAS ". DAY.
& LEE E. ROBINSON,
tsFAL.( Notary Public.
STATE OF LOUISIANA
PARISH OF CALCASIECJ
Before me- Lee Il. Robinson, duly com.
miSioned and qualified Notary Public, in and
for said Parish and State, personally came
John W. Tanner. S!las 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
and hind themselves to pay for the number Of
shares of the capital stock Of the Welsh Ware
house x Supply Company" set opposite their
respective signatures hereunto, at the par
value of one hundred $1,000 dollars per share
Witness my official signature and seal at
Welsh Louisiana in the presence Of o. Fulton
and James Ellis, lawful witnesses, on this the
eighth day Of March, A. D., 1905
Name No. of Shares
John W. tanner ......,1 ~ NilaFts
Forrest L.. tanner. .................,6V spares
Silas W. Day ........................3 30 Shares
WITNESSES:
o. FULTON,
JAMES ELLIS.
L. E. ROBINSON, s.
Notary Public. (sEAL.)
STATE OF LOUISIANA
PARISH OF CALCASIU,)
Office Of Clerk of the District Court.
/ hereby certify that the above and fore
going is true and correct copy of an act of
Charter filed for record in my Office on March
9Th. 1905 and duly recorded on March 18th
1905 in Mortgage Record Fifteen, Page 46, ct
sea-
Witness my signature and official seal at Lake
Charles, La, this 2!nd day of April, A. d.,
1905.
81 J. W. WILLIAMS.
sea- Deputy Clerk.
John 4. Cooper, N. D.,