The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1910-12-03
: %,4aAH VI,

~ $3.50
The corporate powers of said cor
Grafton. sliall be vested in and exer-
ICED and the busfliess and AFFAIRS OF
MS corporation shall be manased ane
oYsdncted by a board Of directors com
osed of nine members. Said directors
aa1l be elected annually on the frs
sonday Of October or SUCH other das
the stockholders at a regular or any
peeiai meeting may Ak. and all sucf
Elections shall be by ballot. OF eacf
lection, ten days. prior notice shall be
given in a neWSpaper published in the
own OF Hona1dsprville. la, and the
directors thus elected shall serve until
heir successors shall have been cleo
ed. A majority Of the votes cast
hall elect, and each share Of stocf
hall be entitled to one vote eithe.
n person or by proxy. A failure te
lect directors on the day requiree
shall not dissolve the corporation. but
the hoard Of directors shall continue
% hold their qffice ana another cleo
ion shall be held within thirty day.
hereafter, and ten days prior notice
hal, han be given in a neWsnapar pub
"a Any vacancy occurring in the
GARD OF directors from any caus.
whatever shall be filed by election b.
he remaining directors Five directors
shall constitute p quorum for the
transaction OF busineaE.
The board of 6iiEaetars at the frs.
meeting in each year shall elect from
keir own number a president and
srst and second Eice-president. anf
F1so elect secretary and treasurer.
>ut the same person may hold the Of
ice of secretary and treasurer; anf
ffcers, clerks, . agents. and confe.
sower to appoint same and other en-.
loyees as may BE deemed nefessars
or tho business and purpose of sai6
e1rnaT1f inn f1a 81
lleasure; ard shall have full power tt
make and establish as we'll as change
or amend, or alter eonformab1y to tbs
let of incorporation all by-laWS, rules
md regulations deemed requisite fof
he control and management OF tbs
lffafrs and business of said corpora
ion; and shall have fun power to bor-
ow money, execute mortgages, issue
oonds, make contracts, make rules for
he declarations of dividends, and gem
matters pertinent to the objects and
purposes of this corporatien; as a1se
. deliver full paid shares of this
took or the bonds or obligations OF
his cornoratiaa in payment for iabol
lone, or money, OF rights in property
ctua1ly received.
And any rule or bylaw is subjec,
. repeal, notifications or change b.
he holders Of a majority OF the stoe'
at any meeting eff the gomnany, TIL
office Of the annual mseting of tn
stockholders may be given by pub1ica
ION as above provided for, Or such no
ice may be given by ten days motto,
n writing to each stakeholder of tht
ine and place Of holding said annua
lection, which may be served b
transmitting such notice to him ad
lressed through the mails to his las
snown place of residence Of business
provided, that when all of the stock
oIders are present in person or b.
3roxy they may waive in writing ths
iotice and delay for such meeting, ex
tspt iFl eases where otherwise pro-
In voting fpr directors each stock
lolder shall be entitled ta cast either
n person or by proxy, one vote 70
ach share of stock owned by him
zhich shall have been standing IL /
is name on the books of the Compan.
or at least thirty days prior to thu |
'ate Of elec+inn The hoard ~ dire
ors may establish transfer agencies In
naneial centeEs to make transfer of |
.Gck or This corporation, and under I
,1eh reasonable rules and Eeguia & tons
r 9 gents snail be deemed transferred
Il the books of Tie Company.
ARTICLE VT
The following hsrseRs shall eansti-
lie the NEST t1oaEd nT directors. tp-
IT: Messrs. T. NJ. WEIGH, J: Numa
o1omb, Honore Dugas, Charles Maui
n. Clarence G. Barton, Sr., z. P. Mum
IN. J. T. Badaux, John Marks and Sam
Leblanc.
And the following shall serve as of
sers of the Corporation and shall
rye until their successors are elected
NJ. Welsh, President j. Numa Co
.nb. First Fise-a FesiEent; Honore
ugas. Second vice. President; and
mas. Manrin, Secretary Treasurer.
ARTICLE VII.
Except as to increase or decrease o
lie capital stock. which shall be don,
the manner and form required b.
", this act of Incorporation may be