The weekly Iberian. (New Iberia, La.) 1894-1946, 1910-04-23

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missioneIs TO preside at such cleo I
ton. The voting shall be by bal
lot, and each stakeholder shall be
entitled to east one vote for each
share held bVlhim, which has been
standing III his name OIL the books
Of said corporation for at least ten
days prior to the date OF the cleo
ton, and all stockhoiders may vote
by proxy 4 majority Of the stock
voting at such meeting shall elect.
Immediately after the election Of
said Board Of Directors and the
al iournment of the stock holder $
meeting the newly elected Board
Of Directors shall elect from a
mong their number, a. President,
Nice-Presiient and a Secretary and
Treasurer; the offices of Secre-#
tarY and Treasurer to be sillcd ~
| the same person.
The failure TO elec{ dirseto : OF
officers rs herein provided ier
shall no. result in the DISSOLUTION
OF this corporation, but the then
/ Board Of Directors shall hold their
respective offices until their sue
cessors are duly elected and quail
! flied.
Each director shall have author
4 itN ~ appoint III writing q proxy
4 70 represent him At any AM all
Board meetings.
! The first Boari Of Directors and
4 the officers herein named and pro-
/ NileI for, shall hold their reapce-
/ tive offices until the second We'd
/ nesdaN in January 1911, or until
/ their successors are elected, and
! thereafter, all officers and direc-
+ tors shall hold their respective OF
/ tices for 4 period Of one year from
1 The date OF their erection, or until
/ their successors shall have been
duty elected.
| Any vacancy occurring in any
Board Of Directors shall he filled
! hy The remaining members ur said
/ Board Tor the nne&plrcd term nj
meeting Gale | for that purpose at
! ter ten days prior written notice;
/ The directors SO elected TO hold OF
/ liec until tha next annual stock
/ holdcr me ating, bus should it he
/ impossible tor any cause, Tor any
! vacancy or vacancies in the Boa /
! Of Directors to be FILL hY The
i Directors, such vacancy or yaeatf-
/ cies may H. Tiled bv the sock
4 holders ut ANY meeting called for
4 that purpose hN the President,
/ Nlrc-PtesideHt on Secretary Treas
ufei, OF ia the absence or disahil-
| ity OF all OF said officers, Nv any
| stakeholder upon giving ten tays
| notice 10 each ana every stock
| holder Of record, which notice may
be sent Though the mail AMI All
| dressed 10 thu last known address
Of the stock holder,
Wherever il is provided in this
act that either Directors or stock
| holders meetings may be held al
| ter certain prescribed notices to
| the stock holders or directors, il
| is understood aud agreed that any
| and all directors and stock hold
ers meetings may be held without
| notice whenever lawful, provided
| all, stockholders or directors as
| the case may be, waive notice in
writing or are present at such
| meeting or meetings.
! The Board OF Directors shall have
fu09 control of the property of
| this Company, and shall so conduct
| manage and use the same as in
their discretion they deem best,
and that is consistent with the OBJ
jects Of the Company and the vel
fare or the same The Board OF
| Directors shall have power to
make, alter and annul such bylaws,
rules and regulations FOR the gov
| eminent OF this corporation as they
may think proper. The officers Of
| this corporation shall be a Pres
ident, Nice-President and Score
tary -Treasurer.
The first Board OF Directors is
hereby declared to be Alfred b.
Freeman, Crawford L. johnson and
Clarence i. Scarborough, with the
said Alfred u. Freeman as Presi-
dent, Crawford i. Johnson as Vice
President and Clarence I. Scar
brough as Secretary Treasurer.
The Board OF Directors shall have
power to appoint all agents, clerks
and employees, and to iix their sal
airy, term of office and compensa-
ton, and the right to dismiss them
at said Boards pleasure, and said
| Board shall have the further right
| to fix and determine the salary of
| the several officers herein pro-
| yided for.
ARTICLE vi.
This charter may be altered or
amended, or the capital stock of
the corporation may be increased
or diminished, or the corporation
may be dissolved by vote OF
three-fourths OF the capital stock
issued, at general meeting called
for that purposeGs to law,
which meeting may be called at
any time by the President, or in
case OF his absence or disability
by the Secretary-Treasurer, and
must be called upon the written
request OF any stakeholder. When
ever this corporation is dissolved
either by limitation or otherwise,
its affairs shall be liquidated by
the then existing Board of Direc-
tors, and in case OF the death, re-
signation or inability to act of
any of said Board, the remaining
member or embers shall carry on
the liquidation to its termination.
ARTICLE VII.
No stakeholder shall ever be held
liable or responsible for the con-
tracts or faults of this corporation
in any further sum then the unpaid
balance due the corporation OH the
shares Of stock owned by him, nor
shall any mere informality in the
organization hereof have the eff
feet OF rendering the charter null,
or OF exposing any stakeholder to
any liability beyond the amount of
his stock.
THUS DONE AND PASSED at
my office in New Iberia, Parish of
Iberia, State of Louisiana on the
day. month and vpar frat mention