The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1907-04-06

money as may be required for the acquisition
OF property, rights patents or franchises, or
conducting Its business the acquiring of lands
or other property. or business interests or good
will. and for this purpose may issue bonds or
other obligations. secured BY mortgage or
| pledge, as the case may be, of tbs property.
1 both real and personal. crops, revenues and
/ receipts OF said corporation PAYABLE on such
terms as the board Of directors may designate,
! ana with power to sell, pledge or otherwise
i dispose OF such bonds and obligations on such
terms as the board OF directors may deem or.
pedient.
ARTICLE VIII.
No shareholder snail ever be liable or re-
sponsible for the contracts or faults OF said cor
poration in any further sum than the unpaid
balance due the corporation on the shares
owned by them; nor shall any irformality In
organization have the effect of rendering this
/ charter null, or expose stakeholder to any
bihty beyond the amount remaining unpaid
or bis subscription to the stock.
ARTICLE TX.
This act of incorporation may be altered or
TnodIned, or the corporation may be dissolved
! by vote of three.fonrths Of the capital stock
OF TINS corporation at general meeting of the
stockholders called for thai purpose, after three
days written notice as provided ID Article WI,
unless said notice shall be dispensed with BIZ
the unanimous consent of all stockholders.
Any director of this corporation may In writ.
ing appoint any shareholder in the corporation
as ms proxy; 70 represent him IN his absence
or when unable to attend the meetings of She
board Such proxy shall exercise all the powers
and privileges of his Constituent.
All elections shall be held under such rules
ARTICLE K.
w henayer this corporation is dissolved By
Iimleation or otherwise. its affairs shall be
!iquidated BY three commissioners appointed
Tor that purpose by the Stockholders Said
commissioners shall be vested with full power
TO sell and dispose of any and all the assets
and property, both real and PERSONAL OF che
corperation and convey full and complsts tide
ther6to. They shall have the power to do and
perform ali acts useful and necessary and to
fnlly and completely liQuidate its affairs and to
dllstr1pnte the proceeds, IL any among the
shareholders. In case of death or inability To
act OF any commissioner the others shall be ana
thorizsd to act.
respective names the number of shares aubs
serlbeu for By them, and this act shall serve as
ton.
or Donaldsonville, parrish of Ascension, state Of
louisiana on the day, month and year first
aoQYe written, IN the presence of MessFs. T. A.
. a apa 9. =. Weber competent witnesses.
EalQ appearers and me, said notary, after due
reading OF the whole.
1orN n s.rYvron Gsigned.1
JOSEPH B. tAsTaGNoS Fortyes llf sares
WILLIAM E. acknowledgements One sIars
Witnesses:
7. A. LEBLANC,
CALEBC. WEBER,
lL.s.l Notary Public.
the undersigned clerk of court and recorder
Of the parish of Ascension, state Of Is0nisiana
90 heFeDy certify that the above and feregoin1
act OF lncoFpofa ton OF the IASTA(5EOS CANE =.
L. LA COMPANY. II United, was this day
duly recorded in my Office in Book 81 Mfssai.
ianeous Acts No. s, folio 295.
:. Parish 1o6 ct Ascension La. ibis 18th day Of
Aarch. 1907. y. S. BARMANs
Clerk OF Court and Recorder