The weekly Iberian. (New Iberia, La.) 1894-1946, 1910-04-16


missioners to preside at such cleo
ton. The voting shall be by bal
iot, ana each stakeholder shall he
emitted TO cast one vote FOR each
snare held by him, which has been
standing III his name on the book 8
OF sad corporation for ut least ten
| Gays PRIOR TO the date of the olce-
tioh. ana ali stockholders may vote
ny proxy. \ majority Of the stock
voting at such meeting shall eject.
Immediately after the election OF
sald Board nj Directors and the
Adjournment Of the slocI<holdcr s
I meeting. the newly elected Board
4 ~ directors shali eject from a.
| mcng their number, Il President.
Nlce-Presideut and Secretary sud
I ieaSufot' the offices of SuCie-
| tary and Treasurer to hc ,ilIcd NV
! inc same person.
! The failure to olcCt directo s or
| oliICefS as herein provided for
| shall not result III the dissolution
| on ms corporation, but the then
| Board OF Directors shah hold their
| respective offices uuttl their sue
| Cessora arc duiy elected and quail
| ilicd.
l
\ ltN t0 appoint IN writing PROXY
\ 70 represent him at any and all
| BOARD meetings.
! The first Board OF Directors and
thc Officers herein named and pro-
| Niueu Tor, shall hold their rCspcC-
1--WE Offices until the second We'd
ncsday in January 1911, or until
their successors are elected. and
thereafter, all officers and direc-
| TORS small hold their respective Of
iiccs for a period OF one wear from
thC datc OF their election, or until
'hcir successors shall have been
Gully elected.
Any vacancy occurring in any
Board of Directors shall he filled
hy the remaining members of said
bo3rd Tor The meNpired term al a
meeting called for that purpose at
ter ten days prior written notice
nee until the nVNt annual stock
holdcis meeting, bu, should il be
impossible For any cause, for any
vacancy or Vacancies in the Board
~ Directors to be filled Nv the
DIRECTORS, such vacancy or Yacan-
cieh may be tlliaI by the stock
holders at any meeting called for
that purpose by the President,
Niee-Pfsstdent or Secretary Treas
ufer, or in the absence or disatii-
lty OF all of said officers, Ivy any
Stockhoider upon giving ten DAYS
hOUCe TO each ana every stock
holder of record, which notice may
dressed TO the last known address
nI thn Gtorf- balFl,,
" hcreyCr it is provided in this
act that either Directors or stock
holders meetings may be held af-
yer certain prescribed notices 10
the stockholders or directors, it
is understood and agreed that any
ana all directors and stockhold-
efs meetings. may be held without
hotice whenever lawful, provided
an, stockholders or directors as
me case may be, waive notice III
writing or are present at such
meeting or meetings.
me boafd 81 Directors shall have
luii coiltfoi OIL the property of
TINS Company, and shall so conduct
manage and use the same as in
their discretion they deem best.
ana that is consistent with the OBJ
lects OF the company and the wei
rare or the same. The Board of
directors snail have power TO
make, alter and annul such bylaws,
rules ana regulations Tor the gov
eminent OF this corporation as they
may 'hiilk proper. The officers of
ms corporation shall be a Pres
ideh', Nlce-Presldent and Secre-
talN-i feasufer.f
Inc 1lrst Board oil Directors is
hereby declared to be Alfred b.
freeman, crawford /. Johnson and
clarence L. Scarborough, with the
said Aired Il. Freeman as Presi-
aent, crawford i. johnson as Vice
PRESIDENT and Clarence j. Scarf
pfough as Secretary-Irea
me board OF Directors shall have.
power TO appoint all agents, clerks
ana employees, and to Tx their sal
airy, term OF office and compensa-
tloh, ana the right to dismiss them
a. saii boarus pleasure, and said
BOARD shaii nave the further right |
~ - LIN aho determine the salary OF |
Ine SeNerai officers herein pro- /
'ieo iof.
M. AkileLE VI.
ms CHARTER may be altered or /
isnehdeo, or the capital stock OF !
ne corporation may be increased /
- "i'l'i'iioueu, OF the corporation |
nay pc dissolved by a vote of
of the capital stock
ssued, at a general meeting called
- "a. purpose, according TO law,
nv, meeting may DE called at
10y 'ln'e W Tue fresioent, or IN