The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1910-04-30

recit - trom any cause shall he filled by the
gesa..iHtaA paveturs, \ majority of said Board
~ hrSeto,s SHAH constitute quorum tor the
.Ss.s>stst' "a a1d management of all business OF
All caCfsat atiJa fnoy shall make such by
AVS rates and reg ulatioas a. they may think
ss.aASs tor tae transaction OF the business and
,4talrs ot SAID corporation and change, alter
sld ainead the same At pleasure appoint and
- she salaries az all officers. clerks amt EN-
a.ayees not herein mentioned, the same TO
saaage and dismiss 1T pleasure; fix the salaries
Il tae officers provided for herein; to take Ju.
iiciai proceedings III the name anu on Denalf Oh
shi> corporation; 10 sell, convey. mortgage,
e.ndase, lease aud purchase property, movable,
IMInuvanle aud personal; borrow or lend money,
ls>ue notes aud oonds; make contracts and sign
,r caused To pe signed by officers or directors
specially or generally authorized by the Board
1f Directors all necessary acts, deeds, ETC., and
% do all things which may be necessary TO be
done iii the management OF said business, or
may be permitted by the laws applicable to
corporations.
ARTICLE VII.
No stockholder shall be allowed to dispose of
his stock without first giving in writing TO the
Board OF Directors zen days notice OF each In
tended transfer and allowing said Board or
Oh deiau.t. any stakeholder. the first oppor,
lunity OF purchasing SAID stock at the highest
bona tde bid made therefor ny an intending
ARTICLE VIII.
This act of Incorporation may be changed
modified Or altered or said operation may be
dissolved with the cousenl OF twJ-lnIrJs OF the
amount of stock present or represented at any
general meeting OF tue stockholders OF said cor
poratlon. convened tor that purpose, after thirty
days. previous notice snail nave been gwen IN
the MANNER provided for in Article II.
E ARTICLE IN
Whenever this rporatlonl Is dissolved, either
by limitation or from other cause, Its AFFAIRS
shall be iIquidated under the supervision vi
three stockholders, 10 De chosen for that pur-
pose by a majority OF III tue amount OF stock
present represented nc a general sting OF
the sepckhoiders Said Commissioned shali re
main in Office until the affairs OF TINS corporation
shall nave been fully no uIdated. In case oi the
death OF OF said COMMISSIONERS Or OF the
refusal or inability OF oae OF them TO act, the
Survivors shall Continue To ACT aad shall select
another stocknoller III the place ANA stead OF
the commissioned wno shall have ceasseu to
act.
ARTICLE Y.
The President may, in his discretion, and
shall, upon the written request OF two stock.
holders, call special moeJ.ug Of the stock
holders OF this corporation.
ARTICLE XII.
No stakeholder shall ever liable or respon-
siDle for the contracts 1aulUs OF this corpora
tlon Ill any turtner sum than the unpaid DAi-
ance due Che company ON the shares Owned OF
subscribed for by him; nor snail any intOrmallty
LII organization have Inc elect OF rendering THIS
Charter null, Or OF exposing the Stockholders to
any liability beyond The amount of suD-
scrlOed Tor by HIM.
Thus done aud passed at my Office in the Town
Of Franklin, Parish and State aforesaid. the
day, month and year hrSt above wrIt.Sn, III the
presence .htssr5. A. =. Allen ana FRANK A.
1uudreaux, two competent witnesses, VINO nave
hereuntO sIgned Jneii names wiCn appearers
and me, Notary, after due reading OF the whole.
Originally Signed:)
N. q. HUH, II Shares
JOE HAMILTON ~ Shares
Il. b. LAWS 10 SHARES
ID. y. MOOkE Shares
Witnesses:
A. =. ALLEN
Il. A. BUU DREAUX
ID. G ALLEN, Notary Public.