The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1907-12-21


the time OF subscription or of tts su
ancp. at not less than par. ST. ck- ma,
he ISSUED in exchange for prOpe ty OF
rights actually received or purchased by
the corporation. or for Such other va lua-
bic consideration or services rendered a,
may be determined by the board Of d.
rpct0rs, provided that the stock so issued
shall br clearly pqua! to the cOnsidera.
tiOn thereof; and provided that no stock
shall issue until the consideration there.
of shall have been received by said Cur
porati0n. No stakeholder shall sell his
stock until fifteen days prior notice OF
his Intention t0 sell 10 given to the
Company, and m" Stockholders shall
ave the first privil, ge Of purchasing
the same. No transfer shall be- made
withm,t III proper entry thereof on the
tax nnOkS of the Company. This cor
r'itt,nn shall comm nee doing business
- "''n - seven hou>ani dollars of the
-;i;liaI stock shall navS been subscribed.
TIE directors shall have the right to d.
tt.iainp how much additional stock shall
b. sued.
ARTICLE ".
The corporate powers OF this Company
s'inii 10 vested in al q exercised by a
bear, f tive directors; three of whom
shall Constitute a quorum for the trans
action III business. and their decisions
shall be valid corporate acts. There
shall be elctpd from these a president.
and a secretary and treasurer. The
board of directors shall be elected on the
first Monday of May of each year. Until
I he election IT 1868 the following per-
sOns shall constitute the first board of
directors: ". j. Burke. DR.. Geo. j. Sa-
batter. l.. b. Grow and Robert Martin.
and until such time ". j. Burke, shall
be president. and Robert Martin. secre-
tary and treasurer. At every election
and mrpting of stockholders each stock
holder shall be entitled to one vote for
each Stare of stock registered in his
name. and may t. by proxy.
ARTICLE V.
The boarl If directors shat. have p"w
pr to ill vacaIries il their number
cansei hy death, resignation or olh.r-
wise. from among the storhhoi,!ers Of
said corporation. The said hoard shall
have full control Of the prOlh;iv of this
Company. and shall 81 Conduct. .naGagr
and USE the sane. as in their di-crr ion
they deem lit. ami that is consistent
with tn objects of thS COMPANY uG b.
welfare of the Same. Ii may adopt
such rules and regulations as the aft IRIS
OF the corporation may require. employ
such servants, clerks or other az ntS as
it may appear desirable; % fix and d
termine the salaries If officers aud other
; mplOyees herein provided for.
ARTICLE VI
This chart"r may bs changed or
amended. the stock Increased or dpcrpas
I'd, nr the corporation dissolved at a gen.
tfai meeting Of the stOck holders con-
'ened for the purpose. with the assent
III three foUrthS Ut the entire stock is
7aPd. whether prrsrn, or represented at
such meeting. Thirty days prior notice
Of such meeting shall be given IN any
any newspaper published in st. Martin
vile. Notice shall likewise be given In
writing. In case Of dissolution Of this
corporation, the liquidation Of its affairs
shall he conducted by threo commits
,!Onefs. selected from the stockholders
II meeting called for that purpose, az
above set forth in this article. Said
shall remain in Office un.
nj the final liquidation. In case of the
ipath OF one or more Of such commits
'iOners, the survivors or survivor shall
continue to act.
ARTICLE VII.
No stOckhOlier of this corporation
hall be held liable for the contracts or
aults thereof. in any further sum than
he unpaid balance due the Company on
he shares OF stock subscribed Tor or
'wned by him. nor shall any infOrmali-
v in organization have the effect Of
this charter null. or of ex-
'osiDg Il sto khnidpr To a Y liability he
'ond the unpaid baiancr. IL any. -. his |
took.
Thus don" an pa sci at nv offic. i,.i
he day. month ana Year first above
written. in the presence Of Mes r. Hen
T. Olivier and Dan " VG0rhes COM
pteDt witnesses residing l. ti!.s = ri T.,
Who herpunto sign their names - : IN
7 with the PARTIES and me. No.ar!, af
er due reading OF the whole.
L. B. Grow. 30 shares.
George j. Sabatier. NJ. D. 40 shares.
Walter j. Burke, 10 shares.
r. Martin, ITO 4, ares.
Witnesses:
Henry P. Olivier,
Dan ". Vo0rhiss.
JAMES j MARTIN Notary Pubic.
eceived and filed Dee. 5, 1907.
l. BienveHU, 10y. Clerk.
tate Of Louisiana.
arish Of st. Martin
do hereby certify that the foregoing
hartrr Of "Thp Grow Company" is duly
corded in Conveyance Book IS. No
'l43. this 9Th day of December, 1907.
!. Bienvrnu, by. Clerk.
CHARTER.