The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1911-01-14

| CoHuuct; support anu infringement OF the
| business and affairs of sad corporation.
| The board shall have tue full power and
authority to borrow or loan money, to ex.
ecute CT receive mortgages and liens, to
| issue bonds, notes and other obligations,
= create servltudes, and generally to do
| Il. things reasonable, cOnyenien. and ne
L -. TOR the proper carrying on OF the
! Du>ia o. TIE corporation. Every Di
| &c. L III use of ais absence from the Par
IA OF It. Mary, or the state OF LOUISIANA,
| sha-i have the power and auth GRITTY to
| appoint IN writing "a stOckh0lder, or AM
| member Of the Board OF Directors OF the
! company as bis proxy to sit in his lieu and
| stead at all meetings of the B ,ard of Di
| rectors, and to represent him at such
| meetings, as fully As though he himself
were present. >ucn written proxies must
| be filed with the Secretary OF the Com.
pany.
Upon the written request of stock older>
| OWNING at least one ,hlrd OF the stock of
the company, the President shall be re
quired TO call special meeting of the
stockholders hereof. Notice of such
special meeting shall be given both by
publication IL weekly newspaper pubs
llshed IN the Town of Morgan City, Parish
| Of st. Mary, of such proposed meeting for
a period Of four weeks, and by written
notice mailed by the secretary to each
stakeholder at III, last known address
| at least ten days prior TO such meeting.
ARTICLE vi.
Whenever this corporation may be dis
solved, either by limitation or from any
other cause, its affairs shall be liquidated
by three commissioners to, be appointed
| from among the stockholders at a general
meeting OF the stockholders convened for
such purpose OF which meeting notice shall
be given IN the manner and time provided
Tor by article seven of this charter, and a
majority IN amount of the capital stock of
SAID company represented at such meeting
shall DE requisite to elect. Said commits
sloners shall remain in office until the af-
fairs Il the said corporation shall hye been
fully i4uIdated. In case Of death OF one
or more of said commissioners, the
vacancy shall be Tiled by election Of the
surviving commissioners.
ARTICLE VII.
This act OF corporation may be modified
changed or altered, or said corporation
may De dissolved with the assent Of two
thirds OF the capital stock represented at a
general meeting Of the stocKhol iers con-
yeDed for such purpose and after notice
snail have been given In one or more
newspapers published In the Town OF Nor.
gan CITY, Parish vi st. Mary, once week
for four weeks preceding tue meeting, and
by written notice to each stakeholder,
mailed to him thirty days prior to the date
of meeting al the post office address de-
>gnateE by him i'll writing. Any changes
proposed or made is Difference to the
capital stock snail be made in accordance
Attn the laws OF the State Of Louisiana on
the subject 0. altering the capital stock OF
corporations.
ARTICLE VIII.
No stakeholder shall ever be liable for
contructs or faults OF said corporation in
any further sum than the unpaid balance
due the corporation on thelshares of stock
owned by him, nor shall any more inform.
atty Of organization affect or render this
charter null or expose any stakeholder to
any liability beyond the unpaid amount
remaining due on his stock.
ARTICLE IA.
+. a. Pharr, John A. Pharr Earl 5.
Barnett, Robert +. Milling, " arren 3.
Reed, K. b. Hewes, Chas. A. Denis. Mau-
rice 4. Norman, ana DR.. Z. ). Hewes
have been chosen and selected as the first
Board q Directors Of this corporation,
WITH h. A. Pharr. as president, Robert +.
Mining, as Vice president, and Maurice
T.. NuiInauu, as Treasurer, to serve "a,
such lntl, the first monday In January,
1872. VI until their successors shall have
been elected and qualified.
the subscribers thereto have respect
fully written their nam.s the amount Of
ste A IN this corporation subscribed for
by each ot them, 50 that this act of incor>
poration may also serve as the original
su scrptlon list Of SAID corporation.
Thus done and passed at Morgan City
in the Parish Of st. Mary. state or Louis
lana, on the date above written in the pre-
sence Of Messrs. Y. j. knobIoch and r rank
Vaughan, two competent witnesses OF
lawful age, who hereunto sign their
names with said appearers aud me, Notary
on the day and date aforesaid, after due
Reading OF The whole.
n. A. Pharr, three thousand dollars, 80
shares.
K. z. Milling, siA thousand aud five hum
drel dollars, to shares.
Ii. r.. Milling, tive hundred dollars, )
shares.
Ii. 3, Hewes, two thousand dollars, 20
shares,
arren Il. Reed, i've thousand dollars.
% shares.
3 b. U'Brien, one thousand dollars, 10
shares.
e. uewes, three thousand five hun
dred dollars, 81 shares.
Il. K. Gutley, per Z. u. Hewes, three
thousand dollars, 30 snares.
A. u. Denis, per e. e. Hewe5, three
thousand dollars, 30 shares
Chas. a. Dennis, three thousand dollars.
30 suare..
NJ. +. Norman. tive hundred dollars, 81
shares.
a. n. i'harr, per T.. A. Pharr, three |
The Isand dollars, 80 shares.
y. A. mar, per r. n. Phrrr, three |
hcisand dollars, 30 sqares.
II ). Barnett, one thousand dollars, IL |
shares.
y; >. Chllds, per E. A. Pharr, five hun
tired dollars, shares.
+. ). WeSgentou, five hundred dollars,
shares.
-. Y. Storm, one thousand doliaIs,
q eh.res.
j. =. Bussey, two Thousand dollars, 20
hares.
j. Il. Saal, Per IL. K. Milling, ope thou-
and dollars 10 shares
,rt-