St. Landry clarion. (Opelousas, La.) 1890-1921, 1909-05-29

other business IN eQnn6cg10m here
with not forbidden by the laws Of the
State Of Louisiana, with all Of the pow.
ers conferred upon corporations by
the laws Of the State of Louisiana.
ARTICLE 4.
The amount of the total authorized
Capital Stock of this Corporation is
One Hundred Thousand Dollars $1,000
000.00) Dollars, divided into One
Thousand (10001 shares Of One Hun
dred Dollars each, which
said stock shall be paid for in cash, or
issued at par in payment Of proper
ty actually purchased, or services ac-
tualIy rendered to this corporation,
and worcestershire, and shall have au-
thority to commence business and be a
going concern as soon as fifty shares of
its capital stock has been subscribed
and paid for as above provided. The
shares OF the capital stock shall be
transferable only on the books Of this
corporation, and no transfer Of stock
shall be binding or have any effect upon
this corporation until made upon its
books, and prior liens on all shares of
stock shall be retained by the COM
Dany on the stock of any shareholder
for any Indebtedness, secured or UNI
secured.
ARTICLE 5.
Ali of the powers and business OF
this corporation shall be vested in and
exercised by the Board Of Directors,
unless otherwise provided for. Said
Board Of Directors shall consist OF five
(5) stockholders, a majority OF whom
lshalI constitute a quorum for the trans
1870 - E.-R---- GmSl TASmnnknvss
shall be elected annually from among
the stockholders on the second Tuesday
| of March of each year, after due notice
Of holding of said election shall have
been given to each stakeholder by
mail, to his last known address, sent
ten days prior to the holding Of said
election. Said notice may be waived
Id writing. Each share OF stock is en-
titled to one vote. The Board OF Dr.
rectors shall elect from among their
number q President, a Vice-President,
and a Secretary and Treasurer, who
shall be d stakeholder. All such Of
fcers and directors shall hold their
respective Offices for a period of one
year from the date Of their election,
or until their successors are elected,
but the failure to hold an annual meet
ing of the stockholders, or to elect Of
officers as above provided shall not re-
suit in the dissolution of this corpora
ton or otherwise affect its business,
but the then Board of Directors and
officers shall hold their Offices until
their successors are duly elected. Any
vacancies occurring in said Board of
Directors shall be filled by the re-
naming members of the Borad of Di-
rectors for the unexpired term at a
meeting called for that purpose. Said
Board of Directors shall have the pow
er to make all bylaws and rules for
the purpose of the proper management
and conduct of the affairs Of this cor
poration, and to change, alter or
amend same. The first Board of
Directors OF this corporation are here
by declared to be for the first year:
G. w. KrotZ, a. w. Krotz, G. Krotz,
John II. Harmanson and VIM. Hell
mick.
G. w. Krotz, President; VIM. Hell
mick, Vice-President, John Fl. Hartman
son, Secretary, and A. w. Krotz Treas
urer Zone person may hold the Offices
of Secretary and T~reasurer), who
shall hold their respective Offices I'M
till their successors are duly elected.
It shall be the duty of the President
of this corporation, or III, the event Of
his absence or inability to act, the
yice-President, to call a special meet
ing of the Board OF Directors, or of
the stockholders on a written request
to that effect signed by two OF more
Directors. or upon the written request
of the holders Of the majority OF the
stock.
ARTICLE s.
This corporation may be dissolved
by d vote OF f~hree5fourths OF the cap
ital stock, at q general meeting con-
vened Tor that purpose, In the manner
above provided for the calling Of meet
ing. Whenever this corporation is
dissolved, either by limitation or 9th
erwfse, its affairs shall be iiquidated
by a Board Of Three L~iquidating Com
missioners, to be elected at a general
meeting OF the Stockholders, to be
called for that purpose.
ARTICLE z.
This charter may be changed, alter
ed or amended. and the Capital Stock
increased or decreased, by q vote Of
~tWosthirds of the capital stock, at a
general meeting called for that pur-
pose after thirty days prior notice in
writing have been sent to each stock
holder at his last known address.
ARTICLE 3.
No stakeholder shall eVer be held
liable or responsible for the contracts
or faults OF this corporation or it's Of
ncers, in any further sum than the I'M
paid balance due the company on
the shares Of stock held by said stock
holders nor shall any mere inf0rmality
in the organization herein described
have any effect Of rendering this char
ter null, nor OF exposing any stock
holder to any loss or liability beyond
such unpaid balance due on his
stock.
The number of shares and amount
of stock subscribed and paid for In
this company, and the names OF the
parties subscribing for the same are
hereunto attached.
ARTICLE 8.
The majority OF stock voted at any
meeting shall control and q majority
vote Of the Board Of Directors at any
meeting shall control, and the Board
OF Directors shall have the authority
TO sell any and all Of the property Of
this company without the consent Of
the stockholders.
THUS DONE AND PASSED IN MY
PRESENCE, I'm the town OF -
Parish Of st. Landry. on the day,
month and year hereinabove mention
ed, in the presence Of Raymond
Breaux and Leopold WybIe, compe-
II - z