The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1909-05-22

| stOckhDluers meeting shall be entiti-
ed to one vote far every share of
stock he owns as appears by the
books Of the corporation. At such
meetings the President of the cor
poration shall act as Chairman. and
the Secretary as Secretary of the
stockholders meeting.
ARTICLE "
The Board of Directors shall have
full power to ill vacancies occurring
in the Board of Directors by death.
resignation oi otherwise. as well as
vacancies Of offices. provided such
VACANCIES are filled from among the
stockholtlers of the corporation
The Board of Directors shall have
full control of all the property and
all the business of this corporation
AMI shall so conduct. manage and
use the same. as in their discretion
shall seem III and proper. and is con
siStent with the objects, purposes
and welfare of the same. They shall
also have full power IL hire and dis
charge all employees and Fix their sal
tries as well as the salaries OF the
officers of the corporation. Until
the Stockholders shall otherwise de-
cree by a three-fourths vote of all
the stock of this corporation. the
President of this corporation shall
control the policy of any newspaper
published 10y this corporation, and
IL Is especially agreed that nn person.
alities shall he put i'm the columns of
ANY such newspaper. the only criti- |
cisms allowable being criticisms oi
public officials in their public con
duct. otherwise. such newspaper
shall contine itself tn publishing the
news. Ii Is especially understood |
aud agreed that such newspaper |
shall be conducted in the interest q. |
the farmers, of the rommerce. and |
general upbuilding OF the country.
the Parish of Grant and ills surrounl- |
ing parishes.
Ii is hereby declared the object in
publishing any newspaper shall. he
To give the people of Grant parish |
and surrounding parishes II clean
and wholesome news medium, dewitt
ed To the moral and material welfare
of all the people. The President of
this company shall have the po wer
to designate an official motto for
such newspaper.
ARTICLE vi.
This charter may he changed, mod
flied or amended. the capital stock
Increased. or this company dissolved.
at general meeting OF the stock
holders called for that purpose. with
the assent of three-fourthS of the
capital stock present or represented
at such meeting. the three-fourths
here meant being three-fourths of en-
tir; capital stock of the company az
shown on it's books as subscribed
for.
In case of a dissolution of this cor
pOratiOn for any cause, the iiquida-
ton of, its affairs shall be conducted
by three liquidators to be elected by
the Stockholders at. n mt citing called
Tor that purpose, said liquidators to
have full authority To dispose of the
property of the corporation and wind
up its affairs. They shall remain in
office until their duties as such are
and shall fill vacancies &C.
In thels number from among
the Stockholders.
ARTICLE VII.
No stakeholder of this corporation
shall ever lie held liable or responsible
or the contracts ur faults or negIi-
sence of this corpora ton. in any fur
her sum than the unpaid balance
iue the company on the shares of
stock subscribed for or owned by him.
Tor shall any informality in urgani-
IA ton render this charter null or
subject any stakeholder To liz bility
eyond the unpaid balance ON the
stock subscribed for or owned by
iim
Thus done and passed Mt my Office r
u Colfax, Parish of Grant, State of s,
louisiana. on this the 9th day of
April. A. ID. 1909. in the presence of
'lessrs. +. s. Murrell and T.. N. :
witnesses of la wful age
md residents of Grant parish. who
ave hereunto signed their names
ogether with said parties and me. :,
Iotary, after due reading Of the
Whole.
n Ieal...-.........n....... 10 Shares
j O'Quinn. per G. II Teal ) Shares y
Ilfred NJ Goodwin ......... 2 Shares II
,uella ID GOodwyn ........... 13 Shares i,
L authorize my wife to sign. 4
II. q. Goodwyn. II
Witnesses: =
+. :. Murrell,
L. N. Hutchinson.
G.. ID. LACROIX.
Deputy District Clerk and Notary
Public. Grant Parish. La.
STATE OF LOUISIANA.
y II 4