The Era-leader. [volume] (Franklinton, La.) 1910-current, 1911-09-28
directors shall be given in writing by
mail addressed to each stakeholder at


mail addressed to each stakeholder at
his usual place of business ten days y
prior to said election. and the board
of directors shall appoint one OF the
stockholders to preside at said e'ec-
ton, and in the event said stOckh'!drr
shall fail to attend, the president shall
appoint one of the stakeholder, pres
ent, to fill the vacancy. Any failure
for any cause to elect directors On the
day named for that purpose, shat! not
dissolve this corporation, but the
directors then in Office shall con'i:ue
to serve until their successors are
chosen. At every election and meet
ING of the stockholders, each
stockholder shall be entitled to one
vote Tor each share of stock registered
in his name and the vote Of the stock
holder may be cast by proxy. The
election OF directors shall be by bal
lot, and the majority in amount or
votes cast, each share OF stock being
counted as one vote, shall elect the
person or persons for whom they are
cast. The first Board of Directors OF
this corporation shall be Daniel Il.
Sheridan, j, l., Brock, D. E. Branch,
Lindsay McDougall, H. W. Magee,
lW. w. Darlington and-'W G. Wood,
of whom Daniel f. Sheridan shall be
President, D. Z. Branch, Vice.presl-
dent, and Lindsay McDougall Secre-
tary and Treasurer, who shall serve
until their successors shall have been
elected and qualified.
ARTICLE 6.
The Board of Directors shall have
power to fill all vacancies in their
number caused by death or otherwise,
from among the stockholders OF this
: corporation The Board shall have
full power and control of the property
of this corporation and shall conduct
, and manage the same consistent with
the objects for which this corporation
; is organized and in accordance with
i the provisions of this charter. Said
f, Board is further authorized to make
and adopt snch laws, rules and regu-
lations as the affairs and business OF
y Fthis corporation may require, or as
may be necessary to the management
e of it's affairs, provided the same shall
q not conflict with the provisions OF this
u charter. or of the laws of the State o.
IS Louisiana or the laws of the United
y States. The Board of Directors shall
o have the power to appoint such othe1
IS agents, managers or employees a
" may be necessary to the proper con
duct of it's affairs.
ARTICLE I.
N This charter may be amended
N or the capital stock OF this corpora
ton increased or decreased, o
10 this corporation may be dis
ii solved at general meeting CT tn
is stockholders convened for that pur
j. pose, by the assent of three fourths
=. the entire stock present or represent
Oh ed at said meeting, thirty days pric
~ notice of such meeting being given !
m a weekly newspaper published
Franklinfon. Louisiana. or Washing
ton Parish, Louisiana, and write
notice thereof mailed to each stock
en- holder at his usual place OF busine!
nd forty days prior to said meeting.
he case of the termination OF this corpo
alton, either by Limitation or othe
wise, the affairs of the same sha
TX be liquidated by three commissions
of selected from among the steckholde
m at a meeting called for that pnrpos
due notice of which having given
70 hereinabove set forth. Said COMM
ste sioners shall remain in office until Il
affairs of this corporation snail ha'
net been fully liquidated.
~ ARTICLE s
nd No stakeholder of this corporate
snail ever W ucAO IAdUAO VI AOSkoOAs''p
ny for the contracts or faults thereof
tch any further sum than the unpa
ate balance due said cooperation on shar
nd of stock subscribed for and owned
Nv the stockholdcr; nor sh Il any info
Co. mality in the organization of this co
Try poration have the affect of renderil
The the charter null or exposing Il
or stockholders to any further liabiIi
- than the unpaid balance due on !
stock.
Each stakeholder designates herei
"a opposite his name the stock subsrib
rs, for by him, and this charter sh
vtv serve as the original subscription Ii
~ Thus done and passed at my otti
" in the Town of Franklinton, Washin
'ck ton. Louisiana, ON the day, month a
of year first above written in the pre-
! it ence OF Prentis B. Carter and J.
as Magee, competent witnesses, residi
e in the Town Of Franklinton, Was
ex- inpton Parish, Louisiana, who 81
ved these present together with 81
mr. appearers and me said notary afl
M due reading.
-: d. E. SHERIDAN, (l8 Share