The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1907-11-23

I XII :. " - :
ton. not rspuenssst % the lsws Of the Stafs Of
Louisianu and - this charter.
ARTICLE FIVE.
{ The sntborjae6 capital AtOck Of this corpora
ton shall be 1en Thousand Dollars. psso ~
hundred dollars each, ~Iar. vsl,e, and shaIl ne
iss1ed 81 The curporwfi0n far cssh. Or the sane
may be isHurd for not less than par value IN
g, Ss e &c ss
xtiOn. for such other valuable coreioefHtson
as the board Of directors may Determine.
No certificate Of stock ehalt Issue unsli paIo
received BY the corporation.
Cesti6eases u stock shall be signed BY the
president and the secretary Of the coFp0rat1on
under the seal thereof.
No transfer VI stock shatf ever Be made or con;
sidered made nnlees the same shall be entered
On the books o. the corporation and the surren-
der Of the certificate therefor.
AHTELE SEVEN
All the corporate powers Of this corporation
shall be vested in board Of directors and under
the management ard control Ut said board. CON-
sissing Of three members. who ellall be stock
shall constitute . quorum for the transaction u
business and their hcts shall be valid AID bind
ing corporate acts.
ally on the first Tuesdsy Of september IN each
year. commencing with the first Tuesday in Sep
temher. 1907 b.. ,nsjority vote Of he stock
OeI0R
one vote. either il person BY the owner thereof
holder, and this ' vote sSsii 30 BY ballot.
In case Of any vacancy in the board vt direc-
cancy shall be filled by the remaining members
Of the board 0f directors.
The officers IT this corporation shall be =
president, vice president, nud eecretary, the
secretary shall be ex-ofIicio treasurer, ali Of
whom shall be elected by the board Of directors
within one week from, the date Of their election.
ARTICLE EIGHT.
The nrst board OF directors shall be j. II. Nc
Nicely. X. Z: Mcknight. and l.. H. Johnston, Ut
E. y. Mcknight shaiI Be- vice p o and
and these of3ccrs shall serve until their enc
cessors 70 elected.
Any failure 10 elect officers at the date named
to annul or invaidsts this CHATTER but ~ IN.
GERS in office shall remain in Office until their
suco~ssors are elected.
ARTICLE NINE.
ch I'M. f1 ar %s o amended altered o.
may Be iucrea.e<f o. diminished. or this corp0r-
1tsOu may be dissolved with the assent Of three
fourthe OF the st.,ckholders Ut the corporation
st eenerai nesting Ut the Stockholders held
Ios that purpose litter ten days notice. written
AID mailed to each etockhO1der 1t his posfoliico
address, and publication Of notice Of the
domicile Of the corporation for three veefs
pr1or to tho MEETING.
ARTICLE TEN.
Whenever this corporation ehaIl be dieeo1ved
ny nm1tstI9n. or otherwise: lts afairs shall be
tors elected By the stOckhoIdsFs whO shall when
se elected have the power to wind mp the affaira
o. sns G ;s settle its busness and dis
Stockholders after the debts Of ~ MISREPRESENTATION
have been paid IN fnil
ARTICLE ELEVEN.
Nc stackho!der shall ever b. held liable Tor
l14nu1& -IcR-~
compensation Tor any sum further than the m,
ps1d balance quo ON the stock subscribed for b.
him or owned ~ him, nor shall any informally
effect Of rendering this charter nnIlity. o. of
exposing any Of its stockholders to any iabilitv
6sy9nd the unpaid balance due, il any. On kis
Tbs done, rad, signed, and passed befor. =.
on this the I'd day Ut October, lvd, IN The -
lsh "a Gn1t snd State Of Looisisna, IN the pies
witnesses, after the full and nisee
'"1 : - +; nengELY.
JOHN b WILLIAMS.
MRS. JOHN B. WILLiAMS
By j 81. EcHeeiS.
<. =. MCKNIGHT,
TIP. MCKNIGHT.
t'HAS. W. LACROlx.
7. II. JOHNSTON,
-. J. b. MCKNIGHT.
THOs. q. LEONARD.
J. A. WILLIAM
Notary Publrc. Gsalt Parish, L..
Having examined the foregoing charter and
lnclng nothing therein contrary 10 ths consfi-
uticn and laws. of the State Of Louis;snS I
JOHN r. HUNTER.
Dist Atty for isth Dist. Of La, Grant Fl.
STATE OF LOUISIANA,
PARyHn On GRArr.
Office Of Clerk and Recorviev.
hereby certify that the within and fors~ofnS
3 true and correct copy Of the original cknrsS q
lied for record on the nth day 1t Ocfofev
J; Y. iHu, and recorded on same tlnte Is hs,ssS
a. u Mortgage. at page "a under regisler M.
N testimony whereof witness nv e,fliriai -
!. D. isO7. - 80 ~ - oe'"oer
JAMES !. O'QUINN.
Clerk and Recorder.