The Comrade. (Winnfield, La.) 1890-1914, 1910-06-24

h1aa - - W. aVOV
ana, and only on surrender OF certificate there
ior properly endorsed; but no transfer Of an
fractional part Of a share shall be made. -
RMS corporation shall commence doing bus
ness 4 as soon as Five Thousand Dollars Of CAP
Lal STOCK Shall have been subscribed for, nh
BOARD OF Directors shall have the right to de
. tefMlhe upon the amount and to whom add
> tlonal stock shall be issued,
: =, ARTICLE w.
3 The corporate affairs OF this comnanv sl,a1, Il
vested IN and exercised by a Board OF Five q
directors who shall elect from their own nun
per president, a yice-president, treasurer an,
! secretary. Three of said board of director
Sna!I constitute q quorum for transaction o
business and their decisions shall be valid cor
porate acts, The office OF treasurer and an,
one OF the other offices Of this company, ma;
ne nlled by one and the same person. provided
: me te, BOARD Of directors so elects.
e.lnse following persons shall constitute thu
nISI BOARD or directors H. q. Couch "a
\ collins, C.sP. Couch, q. o. Brown, j. M. b own
& 10 person shall be eligible as director or ar
4 pany 80 - 80 80 49,
During the absence Of the president, the
i Vlce.presldent shall act and preside
Said board shall continue IN Office untilthe
las9 tuesday IN January, 1911, on which date
ana thereafter annually, a board Of directors
shall be elected by the stockholders unless the
same snouid be holiday, when tho election
Notice Of such election shall be given BY pub
ilcatlen IN any newspaper published in the
I teWn OF WINFIELD preceding the election Nv
at leastF ten days, one publication being sniff
Gent; and the board OF directors shall appoint
one Or more stockholders to preside 1T such
election as commissioners II the event e 81 81
! the failure OF any commissioners to attend. The
president shall BY appointments iii the yacancv nv
! ANY failure for any cause whatever to elect
directors the, day named for that purpose shall
not dissolve the corporation but the directors
! then in office shall hold over until their sue
tcessorsg are chosen, md the officers of said
company l at that time shall hold their Offices
until the board OF directors choose their sllc-
ce Tss ,54s
IN such event, the president shall cause an-
other election to be held within thirty (3D days
ana snail give notice thereof as hereinbefore
proyI1ued (. 81
| AZ every election and meeting, each stock
s4e snail ne entitled for each share
gy. GUY authorized proxy. The election Of
directors shall be BY ballot and the majority in
aMonntof votes cast. each share of stock voted
upon TO be counted for one vote, shall elect Che
person Or Persons for whom they have been
cast. tier each election the board If direct
ors, as soon as practicable, shall elect from
hummer, the officers of the said company $S5t
4; s, . ARTICLE W. sSs 5.52.
Az Inc Board OF Directors shall hape full power
% !, III vacancies IN their number caused by
the stockhold ers of the corporation The said
board shall have full control Of the property If
Inns company and shall so conduct, Inanaed
ana use the same as iii their&discretipn thew
Of this company Or the welfare Of ti1e same:
ana the said board is fully authorized 10 "a.
any and all acts that the Corporation itgnlf il
authorized to do. S SIS
The said Board IS furthe Ter auth orized to frame
as the affairs and business Of the coTn;,ratins
may require aud as It NAV deem necessarv4 ~
proper for the cOndncti ing and man nff ffere.
OF, provided always the said by-lapsh rnIes mn,
regulations shall not conflict With this charter
State of ouisi8na. i IL -
i The said Board shall appoint officers other
than these provided Far osner
poyees and Clerks 81 agea,s EN-
necessary ~ fnr 4he ON 20 III
business Of tie g.,
such authority IS Fl secs MI: c,
sations and terms AZ sa,v;re n,au;d 81 49,,
that the board of d1reetnra shal have M Is
To- dismiss officers, age Is. YES Ga
right Is extend 81 limit aaye .ns
shall have Aha rirh+ ~ A. -, anu
salaries az the seyprai -
vided forin this ATTIC 80 l
aA hTI(!I,E VI %}s
This charter nav hee hane,ad -
an1eytied, the capitai st1cE innreased ~ i7o.
creased or this corporatio ma 8 snlra - an
general meetinp "A fhn fnnl, hn are
For lie purpose Mi tl,e assent
of the entire capital stock whether prese e
notice "a u az s;i,a.l
my lewspaper % blished III, Vinnf;aid a. -
siana. one publica ton being snfiicient n
,ase of dissolution Or ternina fio, a AHA COW
,oraion either ID ton - cor-
Or 11V sei
airs shall ne Nv th1.aa n,, 40 IL
rs selected from the stocihold ers with ike "a.
ent and at citing called for that pnrposeIs
airs;ef said corpnr tssn, baua al:
iqni case ;,a n - nnsar LILY
Il SAID 1 8, 49, more
rs si1aI
,acaslev Tag
Il mn !. Il,
No ,fLrsf fhis
Ie held I'D ~ far in
aults thereof ia a,Yt nav Am,
aid balance due fli
fstook snLscri o,v i.t ~ i'm nas
nformality h, IA, ever ~.
e Is any liability beyond tbe