The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1907-11-16

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linn not repuenaut ~ the laws u INC
i0uisiann and To this chsrter.
ARTICLE FIVE.
M, ,,.hor,~sd capital stock OF this coIp
ton shall be Ten ThoS Snd.ed shares OF one
hundred dollars sach, par vaius, a ~ the anne
;ssued by the corporation Tor CASH y. ~elne in
may be iseued for no. less snsv or rights &C.
,ssi,r zee; we'd or purchased by the sala coIp
st;,,n. or for such other valuable co. sS
as NJ ne csrt;fcnte of stock shall issue until pam
e.r In rash or the equivalent TO casn mas oe0'
received by the corporation. ..5 nv the
Certificeses Of stock shall De MRneu ~
president and the secretary Of the corporation
under the seal thereof.
$3.50 ARTICLE SIX.
No transfer Of stock shall ever DC maue %
s;dered made unlese the same. shall De enterru
on the books of the corporation ana the suiion-
der Of the certificate therefor.
ARTICLE SEVEN.
i' me ~ vssed n board of directors and under
The management and control ut SAID board, csp-
s;s, ing Of three members. who shall De stock
sh.iI constitute q Quorum for the transaction Of
business and their acts shall be valid ara Dino
| ing corporate acts.
| ally ON he first Tuesday OF September IN eacn
year commencing with the hrst Iuesday IN sep
tember 1905 by ms,"r.y yoi bs; %u ensi,,ed TO
| one vote, either in person by the owner tneren'
or By proxy in the hands OF any other stock-
holder, and this vote shall be BY ballot. -.
In case Of any vacancy in the board at direc-
tors by death. resignation. or otherwise, the Va
| cancy shall be 6lled by the remaining memDer
| of the board Ut directors. .
| The officers Of this corporation shall Dc
president, a vice president, anf secreiaryi us
whom shall be elected by the board Of directors
within one week from the date of their election
ARTICLE EIGHT.
The first board of directors shall be j. ID. NC:
whom j. H. McNeely shall b. the president,
r. 4. Mcknight shall be vice president anu
L. H. Johnston shall be secretary ana treasnres'
and these oficers shall serve until their sue
Any failure to cleo. officers at the date named
for su ns i'e or this charter but the OH
Gers in Office shal remain in Office until their
| succassors are elected.
ARTICLE NINE.
T changed. the capital stock Of this corporation
, may Be increased or diminished, or this corpOr-
alton may es dissolyed With the assent OF three
Mt general meetiug OF the Stockholders held
Ifor that purpose sffer ten days notice. written
and mailed to each stakeholder ut his post0tiice
3 address, aud u publication Of notice Of the
q meeting Imbilsised in u newspaper nearest the
: domicile of the corporation for three weeks
| prior Il, ths meeting.
ARTICLE TEN.
Whenever this corporation ehalI be dissolved
by limitation, or otherwise. ITS affairs shall be
e wso 81 sh. when
:. s6elscted have the power to wind up the ansirs
&c Of the corporation settle it's business and dis
stockhoiders after he debts Of the corporation
d have been paid IN full.
D. ARTICLE ELEVEN.
No stakeholder shall ever be held liable for
the faults. debts. contracts, or defaults Ut this
compensation for any cum further than the nh
paid balance due on the stock subscribed for by
him 81 s hn1s hs
exposing any Of its stockholders any liability
beyond the unpaid balance due, If any, on his
THIS done. read, signed. and passed before me
ID on this the I'D day Of October, 1907 in the par
t. enceSof J. d. Givens spd Thos. q. Leonard. twq
competent viinssses, after the full and complete
reading Of the whole; .vvv,v
JOHN b. WILLIAMS.
MRS. JOIN q \ 3 3 w Hikl.Is
+: E E;F: H askksIs Hs,x
(. d. JOHNSTON,
r. J. b. MCKNIGHT.
az rios. Il. leonard.
j. A. WILLIAM
IL. Notary Public, Grant Parish. La.
no. Having examined the foregoing charter an,
finding nothing therein contrary to the consti
tuition and laws. Of the State of Louisiana
hereby approve the same.
N D;st. Atty for NH D;s, 81 in G,sn "a ph
ak 49,, :.
In STATE OF LOUISIANA,
PAnTsH OF GRANT. y
Office Of Clerk and Recorder.
hereby certify that the within and foregoin
is true and correct copy Of the original char
which Is now on file and of record in this oilic'
us Filed for record the 18th day Of Ootobe
en- A. D. 1907. and recorded same date in boo
tic u" Of Mortgages at page 4s2 under register NJ
: 2lQ4, records Of the parish ut Grant, Louisiana
- In testimony whereof witness my official se
TT and signature nm this the 2Bth day Of Octob
en-. A. d. lY1.
Clerk and Recorder.