The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1909-05-01

HfOftu anu MUIR W nOluiuE tile salt
election. Each stakeholder ut the
stockholders meeting shall be entitl-
ed To one vote for every share al
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 Secretury as Secretary Of the
stakeholder meeting.
ARTICLE V.
The Board Of Directors shall have
full power To bill vacancies occurring
in the Board of Directors by death.
resignation on otherwise. AS well az
vacancies of offices. provided such
vacancies are filed from among the
stockhulders Of the corporation
The Board of Directors shall have
full control Of all fhe property and
all the business Of this corporation
and shall so conduct. manage and
Use the same. as iu their discretion
shall seem fit and proper. aud is con
sistent with the objects, purposes
and welfare of the same. They shall
also have full power Ia hire aud dis
charge all employees and tix their sal
aries az 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 by this corporation. and
it H. especially agreed that M person.
alities shall he put In the columns of
any such newspaper. the only criti-
cisms allowable being criticisms of
pnblic officials i'm their publicscon-
duet, otherwise. such newspaper
shall confine itself to Publishing the
news. Ii il especially understood
and agreed that such newspaper
shall lie conducted ia the Interest az
the farmers. Of the commerce.. and
general upbuilding of the country
the Parish Of Grant and it's surround
ing parishes.
Ii is hereby declared the object in
publishing any newspaper shall, be
to give the people of Grant parish
and surrounding parishes a clean
and wholesome news medium, devot-
ell to the moral and material welfare
oi all the people. The President of
this company shall have the power
to designate an Official motto fui-
such newspaper.
ARTICLE vi.
This charter may Exchanged, mod
flied or amended. the capital stock
increased. or this company dissolved.
ut general meeting of the stock
holders called for thai purpOse. with
the assent of three-fnurths of the
capital stock present or represented
at such meeting. the three-fonrfbs
here meant being three-fourths of en-
tire capital stock of the company az
shown on its books as subscribed
for.
In case of n dissolution of this cor
porafjon for any cause. the Iiquida-
ton of its affairs shall he conducted
by three liquidaturs to he elected by
the stockholders at a me citing called
for that purpose. said liquidators to
have full authority TO dispose of the
property Df the corporation and wind
up it's affairs. They shall remain in
office until their duties as such are
completed aud shall fill vacancies oc-
curing in their number from among
the Stockholders.
ARTICLE VII.
No stockholder Of this corporation
shall even lie held liable or responsible
for the contracts or faults or neyIi-
gence of thiscorpora 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 tn liability
beyond the unpaid balance ON the
stock subscribed for or owned by
Nm.
Thus done and passed at my Office
In Colfax. Parish of Grant. State Ut
Louisiana. on this the 24th day of
April. A. ID. 1903. i'm the presence of
Messrs. +. S. Murrell and T.. N.
Hutchinson. witnesses OF la wful age
and residents Of Grant parish. who
have hereunto signed their names
together with said parties and me.
notary, after due reading 81 the
whole.
l. n I........................... 10 Shares
J J OQHiHn. per G H Teal 5 Shares
Alfred NJ Goodwyn ........ 2 Shares
Luella ID GOUdwyn ...... IL Shares
authorize my wife To sign.
II. G. GOODWIN.
Witnesses:
K. s. Mmrreil,
L. N. Hutchinson.
G. ID. LACRUIX.
Deputy District Clerk aud Notary
Public. Grant Parish. La
STATE OF LOUISIANA
PARISH OF RAPIDEs.
Having exatiifled the above and
foregoing act Of Incorporation ot
'The Chronicle Printing Company,