The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1909-06-05

1
election. Each stakeholder at the
stockholders meeting shall be entitl-
ed TO one vote for every share of
stock he owns as appears by the
books of the corpora ton. At such
meetings the President of the cor
p0ra ton shall act as Chairman. and
the Secretary as Secretary of the
stockholders meeting.
ARTICLE V.
The Board of Directors shall have
full power to ill vacancies occurring
Fin the Board of Directors 10y death.
resignation Oh otherwise. as we'll IA
vacancies of offices. provided such
vacancies are filled from among the
stockholders of the corporation.
The Board of Directors shall have
full control of all the property and
all the business of this corporation
and shall so conduct. manage and
use the same. as in their discretion
shall seem tit and proper. and Is con-
sistent with the objects, purposes
and welfare of the same. They shall
also have full power to hire and dis
charge all employees and fix their sal
aries as well as the salaries of the
officers of the corporation. Until
| the Stockholders shall otherwise de-
cree by three-fourths vote of all
the stock of this corporation. the
President of this corporation shall
control the policy of any newspaper
published by this corporation, and
it is especially agreed that NO person.
alities shall he put in the columns of
any such newspaper the only criti-
cisms allowable being criticisms OF
public officials i'm their public con-
duct, otherwise, such newspaper
shall confine itself to publishing the
news. 1t is especially understood
and agreed that such newspaper
shall lie conducted in the interest o.
the farmers. of the cOmmerce. and
general upbuilding of the country.
the Parish OF Grant and its surround
ing parishes.
1t is hereby declared the object in
publishing any newspaper shall he
TO give the people OF Grant parish
and surrounding parishes a clean
and wholesome news medium, devOt-
ed to- the moral and material welfare
of all the people. The President of
this company shall have the power
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 n general meeting of the stock
holders called for tina 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-
tirc capital stock of the company as
shown ON its books as subscribed
for.
In case of a dissolution of this cor
poratiOn for any cause, the liquida-
ton of its affairs shall he conducted
by three liquidators to he elected by
the Stockholders at m, citing called
Tor that purpose, said liquidatOrs to
have full authority To dispose of the
property of Misrepresentation wind
up its affairs. They shall remain In |
office until their duties as such are
completed and shall fill vacancies oc-
cnrring In their number from among
the Stockholders.
ARTICLE VII.
No stakeholder of this corpora ton
shall ever lie held liable or responsible
Tor the contracts or faults or negli- |
gence OF this corpora ton, in any fur
Their sum than the unpaid balance
due the company on the shares of |
stock subscribed for or owned by him.
nor shall any informality in organi-
zation render this charter null or
subject any stakeholder To liability
beyond the unpaid balance ON the
stock subscribed for or owned by
him.
Thus done and passed at my office
10 Colfax, Parish of Grant, State of
Louisiana, ON this the oath day of
April. A. ID. 1909. in the presence of
Messrs. 4. s. Murrell and Il. N.
witnesses of lawful age
and residents OF Grant parish. who
have hereunto signed their names
with said parties and me,
notary, after due reading of the
whole.
Z RI Ieal...... 10 Shares
j O'Quinn. per G III Teal Shares
Alfred NJ Goodwin ........... 2 Shares
Luella ID GOodwyn ........... Ii Shares
Iauthorize my wife to sign.
II. G. Goodwin.
+. =. Murrell,
L. N. Hutchinson.
G.. ID. LACROIX.
Deputy District Clerk and Notary
Public. Grant Parish. La.
STATE OF LOUISIANA. !
PARISH OF RAPIDEs.
Having examined the above and
act of Incorporation of
The Chronicle Printing Company,
Limited and find nothing therein