The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-05-16

election, which shall be conducted as
hereinabove provided. The officers and
directors of this company shall hold office
until their successors are elected and
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
The Board Of Directors shall elect the
officers of this corporation who shall con-
sist of president, vice-president. q Sec
rotary and treasurer; and the Office Of the
secretary and treasurer may be held by
one and the same stockholder, and the
general manager of this corporation may
also be director holding also any other
Office.
The first board Of directors shall be and
is composed of: Donelson Caffcry, J. Sully
Martel, r. Emmett O'Niell, John NJ. CAT
fiery, j. w. Foster, and the officers shall
be and are: Donelson Gallery, president ;
j. Sully Martel, ice.president; K. Emmett
O'Niell. secretary and treasurer; and these
directors and officers shall remain in office
fled.
ARTICLE vi.
This charter may be amended by vote
of q majority of the stockholders In num-
bers at o 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 q newspaper pub.
lished in Franklin. Louisiana. In issues one
week apart and this corporation may be
dissolved by q vote of three.fourths Of the
capital stoce Mt such q meeting as here
inabove last provided for, and after the
same notification and publications as here
ipabOve last provided for.
The capital stock of this corporation
may be increased or diminished by COM
pliance with the laws OF the State OF
ARTICLE VII. !
Whenever this corporation shall be dis.
solved either BY limitation Of its charter or
otherwise; two liqufdat6rs shall be elected
by the stockh olders at the meeting in which
the liquidation ia had or declared; and the
liQuidat0rs shall remain In Office until the
completion Of the liquidation of this corr
poration's affairs and in the event OF
the death Of one Of the liquidators. the
tors shall rest on the survivor: and in the
event of his death another liquidator or two
liquidatOrs shall be elected by the stockl
holders at q meeting held after the notices
and under the formalities provided for ip
Article vi. /.
ARTICLE VIII.
No stakeholder or this corporation shah
ever be liable for the faults of debts or
contracts or other obligations of this corr
porati0n beyond the amount of any unpaid
balance due for the stock subscribed by him
nor shall any mere informally in the corr
poration have the effect of rendering /
shareholder liable beyond such sum. The
subscription hereto shall constitute the
original stock list.
Thus done and passed at my Office, in the
Town of Franklin. Louisiana, on the dat
and date hereinabove first written, in the
presence of Victor Won Schoeler and James
r. farkers0n two competent witnesses
who sign this charter with said incorporat
tors and me, said notary, after due reading.
(Signed:)
]. w. FOSTER !,
DONELSON CAFEERY,
4. EMMETT O'NIELL,
]. SULLY MARTEL.
Witnesses:
VICTOR Won SCHOELER
JAS. r. PARKERsON.
L. U. FECOr. Notary Public.