The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1911-04-22

All notices of stockholders meeting
shall be by written notice given ten day
in advance of the meeting except notice t,
| increase the capital stock or to alter O.
amend the charter or dissolve the corpora
tiOn-which said notices shall be given fo
full thirty days in writing and by publca
ton in weekly paper published in thu
| Town of Franklin.
ARTICLE VII.
| The offices OF this corporation shall con
sist Of a President, a NicePresdent,
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, i'll February, 1912, the following
| named persons shall constitute the frs
Board of Directors, towit: 5. II. Kelley
John ID. Bell. W. A. O'Quinn, F. f. Rob
ectson, Percy Saint; with the first officer,
as follows: John d. Bell, President; s. II
Kelley. Vice President; +. E. 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 TIE stockholders held for sucil per-
pose after thirty days prior notice in
writing and in print shall have been given
to each stakeholder or mailed to him at
his last known postotfice address.
ARTICLE 1A.
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 stakeholder until he has first
teLdered 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 which to as.
certain whether any stockholder desires
said stock at the price offered; and if he
does, he shall have the right u purchase
to the exclusion of a stranger.
All stock shall have printed on its face :
"Transferred to persons not originally
char.er members of sail company only
upOr conditions named in Article 8 of the
charter of the company"
ARTICLE X.
No stakeholder of this corporation shall
ever be held liable for any OF the indebt-
edness, contracts or faults thereof in any
further sum than the unpail 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 Il
shareholder to any liability whatever.
ARTICLE Nj.
At the expiration of this charter, or the
earlier dissolution of this corporation, its
affairs shall be llquidated by three CONS
mlsslOners. all of whom shall hold stock
in said company, and said commissioners
are hereby vested with full power and au-
thOrity to sell any and all assets and prop
erty, real, personal or mixed. OF this COR
pOratiOn, and to convey full and complete
title thereto and to do and perform any
and all acts essential aud 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 OF said CONS
misslOners, 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 a subscription list, the
uuc ersigned organizers of this corpora
tion rave respectfully subscribed for lne
stock therein lii the numUer OF shares and
amounts respectively set opposite their
sigt aLure he ceto.
hus done and passed at my office in the
Town Of FRANKLIN, Parish vi st. Mary,
State OF Louisiana, in The presence of w.
E. Chase ana Il. Emmet O'NieIl, compe-
teut witnesses. who haye hereunto signed
their names with said appearers, and me,
s. id Notary, on the day and date afore-
said.
). IL. kELLEY 100 Shares
L. l.. hELLEY, per ). ii. Kelley % Shares
ID. l.. KELLEY, per 5. IL. Kelley % Shares
JOHN u. BELL l.U Shares
W ID. HAAS, per j. ID. Bel - Shares
LEBOUKGEOIS Il BUSH, per }.
ID. Bell IL Shares
MISSES l.. & l. j. ROBERTSON,
per f. E Robertson I3 Shares
W. A. O'QUINN ~ Shares
j. ). UNDERWOOD D Sh 'es
+. r.. ROBERTSON 5S.ares
Witnesses:
W. f. CHASE,
K. EMMETT U'NIELL,
PERCY SAINT Nota. " pul