The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1911-06-17

tiOn-which said notices shall be given TO,
full thirty days in writing and by publica
ton IN a weekly paper published in the
ARTICLE VII.
The offices Of this corporation shall con
sist OF a President, Vice ePresident, a
Secretary and Treasurer. The office of
Secretary and Treasurer may, if desired
be held by one and the same person. I'm.
til the election to be held on the first Mon
day, in February, 1912, the following
named persons shall constitute the rst
Board OF Directors, towit: 5. II. Kelley.
John ID. Bell. w. A. O'Quinn, f. E. Rob-
ertson, Percy Saint; with the first officers
as follows: john d. Bell, President; s. H
Kelley, Vice-President; +. +. Robertson,
Secretary treasurer.
| ARTICLE VIII.
This charter may be amended, modified
| or altered, or the corporation may be dis.
solved with the assent of three -fourths
(3.4) In amount Of the stock present or re-
presented at any general or special meet
ing of the stockholders held for such per.
pose after thirty days. prior notice in
| writing and in print shall have been given
to each stakeholder or mailed to him at
ARTICLE 1X.
All transfers OF stock of this corporation
must be made on the surrender of the
certificate of stock and by or under the.
direction OF the Secretary of this corpora. :
ton
Amy stockholder desiring to sell his
stock shall first offer the same to the re-
naming stockholders, and shall not be
permitted to Sell same to any person not
already stOckhOlder until he has first
rendered the stock to the secretary Of this
company for the benefit of any stockhol-
der who may desire to buy, and give the
Secretary ten days within whic1 to as.
certain whether any stOckhOlder desires
said stock at the price offered; aud if he
does. he shall have the right 60 purchase
to the exclusion of q stranger.
All stock shall have printed on its face
"Transferred to persons not originally
charter members OF sail company only
upon conditions named in Article of the
charter of the company"
ARTICLE x.
No stockhOlder Of this corporation shall
ever be held liable for any OF the indebt.
edness, contracts or faults thereof in any
further sum than the unpaid balance, due
the corporation on the shares owned by
him; nor shall any mere lnformality in
the organization have the effect OF rem
dering this charter null or exposing u
shareholder to any liability whatever.
ARTICLE NJ.
At the expiration Of this charter, or the
earlier dissolution of this corporation, its
affairs shall be liquidated by three conn
missioners. all of whom shall hold stock
in said company, and said commissioners
are hereby vested with full power and au.
thOrlty to sell any aud all assets and prop.
erty, real, personal or mixed. OF tuis cor.
poration, and to convey full and complete
title thereto and to do aud perform any
and all acts essential and proper to full
and complete liquidation OF the affairs OF
this corporation, and to distribute the
proceeds, II any, as herein provided. In
the event OF the death, inability or resig.
nation OF any one or more or said COM
misSi0nerS, the survivor or survivors shall
continue to act and be likewise vested
with all power and authority as herein
mentioned.
so that this charter may serve also the
purpose OF and as = subscription list, the
Undersigned organizers Of this corpora.
ton have respectfully subscribed Iur Tue
stock therein In tue numuer VI shares and
amounts respectively set opposite their
signature hereto.
thus done aud passed at my Office in the
Town Of Franklin, Parish vi 81. Mary,
State OF LOUISIANA, III the prcsence Of w.
e. Chase and Il. Emmet O'Niell, cOmpe.
tent witnesses. who haYe hereuntO signed
their names with said appearers, anu me,
said Notary, on the day aud date afore-
said.
). ID. KELLEY LOU Shares
/. Il. AELLEY, per >. d. Kelley 70 Shares
u. l.. KELLEY, per s. II. Kelley 70 shares
JOHN u. BELL I,u Share,
". u. HAAS, per J. ID. Bel ~ Shares
LEBOUKGEOIS a. BUSH, per J.
u. Bell ~ Shares
MISSES l.. & 1. j. ROBERTSON,
per r. y Robertson Ii Shares |
W. A. O'QJINN lU shares
D. .. UNDERWOOD Shares
+. Il. ROBERTSON Shares
Witnesses:
W. +. CHASE,
Il. EMMETT U'NIELL,
PERCY SAINT, Nota4y Public.