The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1909-01-30
ARTICLE THRrE.

A sir
anu 81 citations and other legal nrncesa - ii {
ssLVen on the president, and Id f1is shserc c.
the secretary and treasurer ssAeS-ses =
ARTICLE THREE.
me objects and purposes for which thi. -.
| pozatLoI ls formed and the nature Of ffa hns;
hsss @ pc earned on by it are herehv eIeclsre y
pc 20 purchase, or otherwise aeouira - 81 :
cnItlyate, lease, let. rent and iisnose ~ /. -
loss. buildings and plantations Ia the rtaSa )
Lonaslans to engage in the business - ,Ie,eS =
ana raising sugar cane, corn, rice ana ax,v 1sfl
asTlcnltural crops and products Of I1,antsat
ang ana rennlng sugars; Of buying and selIina
growing and ginning cotton: to e1,oea =; ~
general merchandise business and rs ID - "a 4
enings necessary or incidental to the
oas u sae ABOVE objects and purposes. -
ARTICLE FOUR.
The capital stock Of this corporation, Ia harehv
hundred shares Of the par value Of one b,.,s ola
dollars each. sill OF which shares have baa Ss
ana subscribed for on the signing Of T;s - 81
once. DesAn business ct
% stnckholder In this corporation shall o.a.
sell or OTHERWISE dispose OF any share Of stacl
held by nm until he shall have frat ofgare1s -
sell the same, at the lowest price ~ SsI;rss - -
VIII sell to others. to the stockholders svhe sell
nave the option Of purchasing the SAM, u-i.r
period OF thirty days, after which tire 1z
no stakeholder purchase such sharea IS ss,a
Ine same may be otherwise disposed al ~ -
holder thereof NesAsS - y ps tA.e
power TO legally transse upon the heoi. s
snsres belonging to the present aEocEhoider -.
ont. - -4AsS skS SAETaeo
ARTICLE FIVE.
AL Of the corporate powers OF said eornor..;o-
snaH De vested IN and exercised BIZ hoard ~ |
dsrectors composed Of three persons aIi ~ ~
Wn9m must De stockholders Of this enrnora1snse
ana ahg TWO Of whom shall constitute & ur,ors1rs
Tor the transaction Of business TIE dirart .,s
= Y ae slseg y aIy On tse second Tues1sy
q 19nnaTy OF each year b1s he directora go - T
stitutea under this charter shall hold fFsa
- $500 inesaag OF Januarg 1910. The etc.,
slon shaI pc by ballot and EACH stncLh.Il i
mai pc entitled IN person or b. nrnY1 - 49,
sote TOT every share OF stock held BIZ him rSaT
lays praor notice Of said election shall Be wfyen
lln, addressed to his residence ~ Ta,. - - e
80 postpaid: or by delivery to him ID person
.ae nasannsr @ conducting said election shall Ii
e s by the bylaws. At the first naeetins
Ter 6nelr election the board Of directors shall
lect nom their own number q president and !. / .
esTesa5y ana treasurer, whose duties shall "a j
rescrl6ed By the bylaws. The said oFFires -
1900 ssa ana treasurer may be combined into
ne once ana IN such case the person eTarted II +
u D0tn ofnces shall be known as The ssrrefssv /
na treasurer Said directors shall hold ofsscs | {
NIL tnen Successors shall have beer a;ee4ed !
~ ~ 49, 9aaaso. 1aaure TO elect directors Ga
orporation nor impair It's corporate narrse h M
ls directors then in Office shall remain IS s,fF5s
~ sneir successors are elected and uuaIffie4
nblI the nKst election as herein nryvi1s@S 80 s
le following stockholders are cnnskitnted ~
~ ~, os 0lrectors. 70 wit: grille Babin. who
aaIl De president; Henry Babin who sSaIi hs
1scssesly aha treasurer, and James A. Godfrey i
no Snail hold Office until the second Ynss5a y :
snnary, 1910 until the first eIarfss.ss = = =
sl9 u accordancs with this charter. Or rsr,Sii
leR successors shall have beer eIsstsA 80 | .
- ag0a Nhe dascnarge Of their duties The i
'Ska q u1feesoEs shall have full DoEar avsf :