The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-05-09

election, which shall be conducted rs
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
ing.
The Board Of Directors shall elect the
officers Of this corporation who shall con-
sist of president, vice-president. a Sec
rotary 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 director holding also any other
office.
The first board Of directors shall be and
| is composed of: Donelson Gallery, J. Sully
Martel, X. Emmett O'Niell, John NJ. CAT
fiery, }. w. Foster, and the officers shall
be and are: Donelson Gallery, president;
}. Sully Martel, vice. president; r. 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 majority of the stockholders in mum.
bers at 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
stockholder at his proper place of residence
and after publication Of a copy Of said
notice at least twice in a newspaper pub.
lfshed in Franklin. Louisiana. in issues one
week apart and this corporation NAV 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 De increased or diminished by a tom-
Louisiana upon this subject.
ARTICLE VII.
Whenever this corporation shall he dis.
solved either by Limitation Of it's charter or
otherwise. two liquidat0rs shall be elected
by the stockh olders at the meeting in which
the liquidation is had or declared; and the
liquidators shall remain in Office until the
oomp:etlon 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 linnida.
tors shall rest on the survivor: and IN tho
event of his death another liauidator or two
!iquidators shall be elected by the stock.
holders at meeting held after the notices
. !. nu under the tormalities provided for in
ARTICLE VIII.
NO stockholder or this corporation shall
ever be liable for the faults of debts or
or other obligations Of this cor.
poration beyond the amount Of any unpaid
balance due for the stock subscribed bv him
1or snail any mere inf0rmality in the cor.
p0ration have the effect of rendering a
shareholder liable beyond such sum. The
hereto shall constitute the
,rigln Il stock list,
thus done and passed at my office, in the
Town Of Franklin. Louisiana, on the day
md date hereinabove first written. in the
presence of Victor Won Schoeier and James
arkerson two competent witnessed
no sign this charter with said incorporn
ors and me, said notary, after due readify.
(Signed:)
J. w. FOSTER
DONELsON CAFEERY,
X. EMMETT O'NIELL,
j. SULLY MARTEL.
Witnesses:
VICTOR Won SCHoELER
JAS. r. PARKERsON. LII
l.. .. fECOT, Notary Public. Q