The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1907-06-22
COME COME ALL Ladies are Especially Invited be Present
Speaking Commences at II o'clock a. m.
nleavesF 7
dat elandngs returning celebration

increased by vote of the stockholders
owning the majority of all the stock OF
said corporation at meeting called
especially for that purpose, in the man
ner provided by law. No transfer o.
stock of this corporation shall be bind
ing upon the company. until said
transfer is made upon the books of the
company. Any transfer made by all
owner Of the stock may be effected by a
mere delivery Of the stock itself, and the
holder Of any portion of the stock of this
cOrporatinn shall be accredited as the
owner thereof, unless the contrary should
appear. and shall be paid in full befor,
issued. Stock shall be paid for as calle'!
for by the board of directors
ARTICLE V.
All the powers of said corporation
shall be vested in and exercised by a
board of directors to be composed OF
three ~ stockholders. to be selected
annually on the First day Of jane of
each year, beginning in the year nineteen
hundred and eight (1908.) All such
elections shall be ty ballot. and each
stakeholder shall be entitled to one vote
for each share of stock standing in his.
her or their name, on the books of the
company, to be cast in person or prox.
and majority of votes shall elect, and
Of which election ten (1o) days prior
notice shall be given in one or more
newspapers published in the Parish o
st. Mary, and by written notice to eaca
stakeholder Of record. Said board sha |
make and establish, as well as alter an |!
amend any and all bylaws, rules at .
regulations necessary for support AMI
management of the business and atfai ;
Of said corporation. Said board +
directors shall have full power and at
thority to borrow money. execute NOR
cages. issue notes, aud also to issue AMI
deliver full-paid shares Of stock of sail
corporation at not less than par value.
in payment of labor done or money or
property actually received by said corp'-
ration.
The officers of this corporation shall
be a President. a Vice-President, Il
Treasurer anG Secretary, the offices ot
Secretary and Treasurer may be filled Ivy
one person.
ARTICLE vi.
This act of incorporation may be
modified, changed or amended, or alter
ed, or said corporation may be dissolved
with the assent OF three-fourlhs of the
stock represented at such meeting. after
ten (10) days written notice to earh
stakeholder of record.
ARTICLE VII.
Whenever this corporation is dissolve.
either by limitation or from any other
cause, its affairs shall be liquidated
under the supervision of one liquilating
commissioner, to be appointed for that
purpose from among the stockholders of
the company. at IA general meeting Of the
stockholders convened after thirty days
published prior notice together with the
same written prior nutice to each stock
holder of record, and the assent of three
fOurths CT the stock represented at sucn
meeting. The said commissioner shall
remain in Office until all the affairs of the
corporation shall have been liquidatet.
Any vacancy occurring from any cause
whatever shall be filed by special
meeting of the stockholders of the COM
pany convened after thirty days
published prior Notice together with the