The Era-leader. [volume] (Franklinton, La.) 1910-current, 1911-08-31

The object and purpose for when
d corporation is formed and estao, tn
he'd. are declared to be-: To conduct or
d carry on q general mercanule !, ~,
l.,ness. and to have and enjoy al VI
'ivileges, powers and authority "
,cessary and incidental to the sue
,ssful conduct Of its affairs.
ARTICLE ~.
The capital stock Of this corporation y
hall be Five Thousand 5000 DoIlats /
ivided into and represented by one I
hundred shares Of stock at . par .Valae I
I FIFTY ESQ., Dollars per share each: 9
aid stock shall be paid for In cash o.
he time Of subscription, or may %
ssued in exchange for property
ARTICLE V.
The corporate powers Of this cor.
ooration shall be vested In Board OF
directors, composed Of Three stock
holders, and the officers OF this cor
Dor,tion shall consist of . President;
vice.president and Secretary ana
Treasurer, and one Director snan %
entitled to hold both the ONCE OF
secretary and Treasurer. The manner
Of electing the Directors and omce1s;
a. we'll - the time Of holding said
elections IL declared to be as follows:
Notice Of the election shall be given
bv mail to each stockholder ten Gays
prior to the election, and the Board OF
Directors shall appoint one OF tnen
number to preside at said election:
The election shall be by ballot ana
e,ch stockholder shall be entitled 70 I,
one vote for each share Of stock held
bv MIN and registered In bis name;
provided that each stockho'der may
vote by proxy, given in writing Ihe
|Board Of Directors shall elect from
Iamoue their number, the omcers
The frat election Of the Board o
Directors held under this charter
,h.n be held on the first Tuesday Q
January, 1919 and annually thereafter
and until the first Board Of Director
shall have been elected and quahneo
tho Board Of Directors shall be com
posed of Louis Dansiger, E. I
! Mcore.ry and D. H. McOreary {
, vhom Louis Danziger shall be Presl
don't, E. R. Necessary, Vice. President
! and D. H. McCreary, Secretary On
= Treasurer.
ARTICLE vi.
+ The Board Of Directors shall nav
J. mower to an al vacancies in the
number, caused by death, restgnatis
or otherwise.
ARTICLE VII.
= This charter may be amended or Il
y capital stock. increased OF decrease
10 or incorporation may be Dissolved
y general meeting Of the stockholde
- - convened for that purpose, with t
= assent Of three fourths Of the eto
- present or represented ct such met
h Inc thirty days prior notice Of viii
to be given by publication In . weel
newspaper published IN Weshins'
Parish, Louisiana, and : written not
~ lthereof mailed to each stockhsadel
'ss h,a lat place Of residence, forty d
~ =, before such meeting. And IN
t's ayent that such meeting shall dec
md 70 Dissolve the corporation, the sto
saa holders present, Or represented O.
~ appoint from among their num'
D. threa commissioners to hquidate
: tho corporation.
ARTICLE VIII.
No ,tockholder Of this corpora
., ,hall ever be held liable, or respo
gell ble for the contracts or faults the
ahl IN any further sum than bio un
Haf subscription due said corporation
shares Of stock subscribed tor
owned BY the stockholder; nor
any informally in the organizstiQ
eoas this corporation render tho CHI
~. nun, or expose the stockholdei
.sv any further liability than the on
balance due on stock subscribed.
Each stockholder dss,gnatss, Q
,ite biz name, the amount Of .
Z, subscribed, and this charter sha'
HIS IL the original subscription h't.
= S Thus done and passed in my
svtt |.t Fsanknnton, Washins,on 9 !
"a this 1T day q August, 1911,
prsssncs q ". ]. Jones ana :
wcDousald two competent VIII
: r.. - Who - 49, ptessnis, g
ss'as vtth ~ ~, and = 9
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