The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-04-25

hereinabove provided. The officers and
directors of this company shall hold ohce
| until their successors are elected ana
qualified. The directors shall have full
power to provide for and call special
meetings for any purpose whatsoever, pro-
vided due notice be given to each share
holder in writing mailed to his proper ad-
dress at least ten days prior to such meet
| ing.
officers of this corporation who shall con-
sist Of president, vice-president. sec
etary and treasurer; and the office OF the
| secretary and treasurer may be held by
| one and the same stakeholder, and the
general manager of this corporation may
also be a director holding also any other
Office.
The first board of directors shall be and
! is composed of: Donelson Caffcry. J. Sully
Martel, X. Emmett O'Niell, John NJ. CAT
fiery, j. w. Foster, and the officers shall
be and are: Donelson Gallery, president;
j. Sully Martel, vice-president; 4. Emmett
O'Niell, secretary and treasurer; and these
directors and officers shall remain in Office
until their successors are elected and quail
flied.
ARTICLE vi.
This charter may be amended by vote
Of q majority of the stockholders in num-
bers at q meeting convened for that pur-
pose, after ten days written notice of
such intention and of the date and place
and proposed amendment, mailed to each
stakeholder at his proper place OF residence
and after publication of a copy of said
notice at least twice in newspaper pub
lished in Franklin. Louisiana. In issues one
| week apart; and this corporation may be
dissolved by vote of three-fourths of the
capital stOce at such meeting as here
inabove last provided for, and after the
same notification and publications as here
| inabove last provided for.
The capital stock OF this corporation
may be increased or diminished by COM
pliance with the laws of the State of
Louisiana upon this subject.
ARTICLE VII.
Whenever this corporation shall be dis
solved either by limitation of its charter or
otherwise. two liquidat0rs shall be elected
by the stockholders at the meeting in which
the liquidation is had or declared; and the
liquidators shall remain in Office until the
completion of the liquidation of this cor
poration's affairs; and in the event Of
the death of one of the liquidators. the
entire power and authority Of the liquida-
tors shall rest on the survivor: and in the
event of his death another liquidatOr or two
liquidators shall be elected by the stock
and under the f0rmalities provided for in
/; Article vi.
ARTICLE VIII.
No stakeholder or this corporation shall
ever be liable for the faults of debts or
contracts or other obligations of this cor
p0ratiOn beyond the amount of any unpaid
balance due for the stock subscribed by him
nor shall any mere informality in the cor
poration have the effect Of rendering a
shareholder liable beyond such sum. The
subscription hereto shall constitute the
i original stock list
Thus done and passed at my Office, in the
Town Of Franklin. Louisiana, on the day
and date hereinabove first written, in the
presence of Victor Won SchoeIer and James
T. arkers0n two competent witnesses
who sign this charter with said incorp0ra.
tors and me, said notary, after due reading
(Signed:)
Nv. FOSTER
/ DONELSON CAFEERY,
r. EMMETT O'NIELL,
i j. SULLY MARTEL.
Witnesses:
i VICTOR VON SCHoELER
i JAS. r. PARKERsON.
il L. o. FKCOT, Notary Public.