The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1910-05-07

ss<ss~S revsa Any cause shall he died by the
sv7sss=ssss e~sxxs>ss>~ majority Of said Boar
y .&gS<4sS~ Se4ss, yV2s>g4sG.o quorum Tor the
.y44ass,43Na S.s management ot all business of
~s@s <N,EtAAyag&as Iaes shall make such by
ySa> Races Aa4 sv4 alAtlpa< As they may think
sAsSsssSS s>G sae transaction OF the business ami
ass.s,> ~ >s.3 tVrQorasioa, aud change, alter
szls. A.stVss& .ap SANG az pleasure appoint and
* sar salaries pI ali officers clerks aud
RAg>svSS no. horrla mentioned, the same 10
aAasv sat tt>uliss AT pleasure; fix the salaries
.. sae VSeeerS provided for herein. to take ju-
Isvsal proceedings in the name and on behalf OF
tass corporation; 10 sell, convey, mortgage,
pseige lease aud purchase property, movable,
s.anovaOlo aud personal; borrow or lend money,
l>>iie notes ani bonds; make contracts and sign
~ caused to be slsued by officers or directors
specially or generally authorized by the Board
~ Directors, all necessary acts, deeds, etc, and
q do all things which may be necessary TO %
done IN the management OF said business. or
may DC permitted by the laws applicable 10
corporations.
ARTICLE VII.
No stakeholder shall be allowed to dispose OF
his stock without first giving i'll writing 10 the
Board OF Directors ten days notice OF each III
tended transfer, and allowing said Boari,
on It, default, any stockho!der. the Iirst oppar'
tunity OF purchasing SAID stock at the highest
bona hde bid made therefor py an attending
purchaser.
ARTICLE VIII.
This act of Incorporate lusy DC changed
modified or altered or said Z ,rpngasloa lnay IL
dissolved with the consent al tmn-talg,iS ~ the
amount of stock pre>ent or represented AZ any
general meeting OF the stockholders oi said cor
pordtion, conNcaeu TOT tass pnrpu>o. alter thirty
days previous noGioe SHAH nave oeea given IN
tue manner provided .og IN Article VI.
ARTICLE IN
Whenever tais & .'rpocaEan il dissolved either
by limitation or igpSa other cause, It's affairs
shall be llqultlated 0ndeg the supervision OF
three Stockholders, 10 be chosen TOR that pur
pose BY malarity OF IN the amount Of stock
present or represented al general meeting of
lne stockholders said commissioners shall re.
main ia oEhce until the affairs of this corporation
sh ali nave ocen fully hquidated In case OF the
deata OF one OF SAID COMMISSIONERS, or OF the
refusal or INABILITY OF one OF them TO act, the
Survivors saali continue 10 act and shall select
another stockaoider III the place aud stead OF
the commissioner who shall have ceased to
act
ARTICLE X
The President may, in his discretion and
shall, upon the written request OF two stock.
holders, call special meeting Of the stock
holders OF this corporation.
ARTICLE XII.
No stakeholder shall ever be liaUie or respon-
sible tor the contracts Or faults OF this CORPORA
ton Ill any further sum than the unpaid Uai.
ance due To the company Oh the shares owned or
subscribed Tor ny MIN; nor shall any lntOrmallty
II organization have the effect of rendering TINS
Charter null, or Of exposing rhe Stockholders to
my liability beyond the amount Ot sIocA SUD-
scribed for by him.
Thus done and passed at my Office in the Town
If Franklin, Parish and State aforesaid on the
lay, month and year first above written in the |
presence or Messrs. A. Z. Allen and Frank A.
Soudreaux, two competent witnesses " no have
lereuntO signed their names " it'll tue appearers |
md me, Notary, after due reading OF the whole. |
Originally SignedJ
n. u. HUH, 81 Shares
JOE HAMILTON ~ Shares |
X. Is. Laws 10 Shares
IL. =. MOORE 8 Shares |
Witnesses |
A. =. ALLEN |
+. A. UUDREAUX |
II. u. ALLEN, Notary Public.