The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1906-01-24

shall be held in the Office of the cor
poration. The failure or omission to
elect officers as provided for shall in
no manne affect the business OF the
corporation.
ARTICLE TX.
No stakeholder shall be held person
ally liable for the fault of the corpora
ton. Nor shall any stakeholder De
liable to any greater extent than The
unpaid balance due on the stock pur-
chased by him. No informality in
organization shall affect the liability
of stockholders or render this charter
null.
ARTICLE x.
This act of incorporation can be
changed, modified or altered or the
corporation be dissolved with the
consent of three fOurths of the capital
stock represented at any general
meeting of the stockholders, convened
for such purpose, after thirty days
previous notice shall be given of such
meeting, by publication in a news
paper at Lafayette. La.
ARTICLE XI.
When this corporation is dissolved
either by limitation or otherwise, its
affairs shall be liquidated by three
commissioners to be appointed by the
stockholders for that purpose: a
meeting of the stockholders to be
called in the same as provided
for in Article VII of this Charter.
The said commissioners shall remain
-. 80 ,,x<;1 tho n n n W. IF tho nOrrnO.
ration are liquidateds and in case OF
death or resignation the remaining
ones Or the one shall elect the other.
No stakeholder shall have power to
transfer stock of this corporation to
third persons without first rendering
it to the stockholders through the
Board of Directors at prevailing
market price.
ARTICLE XII.
No transfer of stock shall bind this
corporation unless said transfer is
entered on the books of this corpora
ton: and the original subscription
for the purpose of organizing this
corporation is hereto annexed and
herewith identified.
Thus done and passed at the Parish
of Lafayette, La, on this twenty-third
day of December, Ammo DOmini,
nineteen hundred and five, in presence
of Messrs. Chas. H. MoutOn and
Daniel Debaillon, competent witnesses
who sign with appearerS and me,
notary, after due reading.
Witnesses:
C.. H. MOUTON,
DAN. DEBAILLON.
(Signed)
F. DEMANADE.
F. r. TOLSON.
J.. L. DUHART.
N. P. Moss.
G. A. MARTIN.
j. r. JEANMARD.
JOHN FOLSOM.
j. c. NICKERSON.
L. D. MCPHERSON per j. c. N.
L. o. CLARK.
w. A. LEROsEN.
ASHBY WOODSON.
j. FRANKLIN MOUTON.
(Signed) ORTHER c. MOUTON,
Notary Public.
STOCK SUBSCRIPTION LIST.
Recognizing the great value of such
an institution to the medical profess
sion and the public, we, the under
signed, hereby subscribe for the
number of shares of stock we have
written opposite our names. in a
limited stock company to be organized
! for the establishment of a modern
sanitarium in the town of Lafaytte, La.
The capital of this company is to be
fixed at twenty-five thousand dollars
1$~sl41 s-k> <-o h,-lvol u~I GR%,
shares of the par value of one hun
dred dollars, and payable in four
equal instalments of Is per cent-sub.
ject to the call of the Board Of Direc.
tors at intervals of thirty days, or
longer, at the discretion of the Board.
The sanitarium is to be opened to
all reputable physicians and surgeons
upon equal terms, for the treatment OF
their patients in accordance with
recognized professional ethics.
| Names. Number Shares
DR.. J. Franklin
MOutOn. q. $500 O(
DR.. L. O.. Clark.......25...... 25OO O(
F. r. TOlson. 1900 OK
John TolsOn. ID. 1900 OK
G.. A. Martin ........ 2...... POO OK
j. l.. Duhart. ........ 3...... 300 OF
z. j. Francez. ........ 2...... 200 OK
| A. r. Trahan......... 49,. 200 OK
| N. P. Moss. .........25...... $500 OK
DR.. L. A. Prejean,
per L. o. Clerk. 49,. 500 O(
| NickersOn
Brothers. ......... 49,. 200 OK
s. Begnaud. 1...... 100 OF
| A. E. MOutOn. 5...... 500 OF
Ashby WoOdson...... 2...... 200 OK
j. r. Jeanmard. ...... 49,. 200 OF
F. Demanade. ........ 2...... 200 OF
A. B. DenbO. ......... 1...... 100 OF
Lafa vettette Adyer.