The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1906-08-03

DlFeCtOfS are UeCldFeu W NC -. LIZ
Robinson, 7. S. Langley. +. D. Calk-
ms, O. Fulton, i. r. ArceneauX, John
H. Cooper, p. J. Unkel. +. Nj. Clark
and C. Il. Carr. Said Board of Di-
rectOrS shall, have power to make all
necessary bylaws, rules and regula-
tons for the purpose of governing the
affairs of this corporation, and to
change or alter the same at pleasure.
They shall also annually elect a Sec
rotary and Treasurer, neither of
whom need be members of the Board
of Directors. All officers and employ
ees of this corporation shall be sub
ject to the direction and control of its
Board of Directors, All vacancies in
the Board of Directors or other Off
GERS shall be filled by the remaining
members of the Board OF Directors.
ARTICLE VI.
The stockholders of this corpora
ton shall hold an annual meeting on
the second Tuesday of May, 1907, AID
annually thereafter, at which meetings
every share of stock shall be entitled
to one vote, and if the holder thereof
is unable to attend iI person, he may
delegate the power Of voting his stock
to another person by written proxy,
which must be filed with the Secretary
and preserved among the records OF
the corporation. At each annual
meeting the said stockholders shall
elect Board of Directors for the en-
sueing year, and transact any other
business which may come before them.
The Secretary shall give each stock
holder notice of each meeting of its
by written or printed no.
tice, mailed to the known postottice
address of said stakeholder at least
fifteen days previous to said meeting,
All elections or votes taken at such
of the stockholders shall be
by ballot. The President may call
special meeting of the stockholders at
any time he deems advisable, by re-
curing the Secretary to mail written
Or printed notices to each stakeholder
as provided in eases of regular meet
ings, except that such written or print
ed notice, shall contain statement of the
business and purposes of such meeting
and no business shall be transacted
at such meeting except such as is stat
ed in said notice calling same.
ARTICLE. VII.
This charter may be altered or
amended and this corporation dis
solved by vote of three-fourthS of the
stockholders present Or represented at
a meeting convened for that purpose
by order of the Board of Directors,
and after thirty days notice shall have
been published in the newspapers and
notice mailed to each stakeholder as
required by law in such cases, and
this corporation may be consolidated
with any other railroad company in
accordance with the laws of the State
of Louisiana upon the subject of con-
s0lidati0n OF railroad companies. AT
The termination of this Charter or up
On the dissolution of the corporation
by three-fOurths vote of the stock.
holders PRESENT. or represented at a
Meeting called for that purpose, the
shall elect three commits
sioners for the purpose of liquidating
he affairs of this corporation, under
such terms power and authority as
nay be more definitely specified in the
resolution appointing them.
ARTICLE VIII.
No stakeholder of this corporation
shall ever be held liable or response
ole for the obligations, contracts,
lebts Of faults of the corporation in
any further sum than the unpaid bal
ance due the Company upon the shares
Of stock owned or subscribed for by
hin, nor shall any mere if0rmality in
he organization have the effect of
rendering this Charter null, or expos.
ng the stockholders to any liability
beyond the unpaid balance, if any,
lpon his stock.
This done and past at my office in
he town of Welsh, Louisiana, in the |
presence of p. w. Kiplinger anu j. \. !
Anderson, lawful witnesses, who here
into sign as such, together with said
PARTIES and me, Notary, on the day, |
month and year first above written.
Witnesses. P. w. Kiplinger.
j. A. Anderson.
Sipna6. VIM p PuScoll r,