The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1911-01-07
cessarv and proper In its Judgment for the

4
issue bonds, notes and other obligations,
10 create servitudes, and generally to do
| all things reasonable, convenient and ne
! cessary for the proper carrying on Of the
| business Of the corporation. Every Di
| rector IN case Uf his absence from the Par
| sh of st. Mary, or the State of Lo..slana,
shall have the power and autho rlty to
| appoint in writing a stakeholder, or any
| member OF the Board of Directors of the
company as bis proxy to sit in his lieu and
stead at all meetings of the Board of Di-
rectors, and TO represent him at such
meetings, as fully as though he himself
were present. such written proxies must
be filed With the secretary OF the Com.
pany.
Upon the written request of stockholders
OWNING at least One-thlrd of the stock of
the Company, the President shall be re
quired to call special meeting of the
stock holders hereof. Notice of such
special meeting shall be given both by
publication i'll weekly newspaper pubs
llshed in the Town of Morgan City, Parish
Of st. Mary, Of such proposed meeting for
period OF four weeks, and by written
notice mailed by the Secretary to each
stakeholder at his 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 anv
other cause, its affairs shall be liquidated
by tnree commissioners to be appointed
from among the stockholders at q general
meeting OF the stockholders convened for
such purpose OF which meeting notice shall
he given IN the manner and time provided
for Dy article seven of this charter, and Il
majority III amount of the capital stock of
said company represented at such meetin Z
shall be requisite to elect. Said commits
sloners shall remain IN office until the al
fairs Vi the said corporation shall hive been
fully liquidated. 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 be dissolved with the assent OF two
thirds OF the capital stock represented at a
general meeting Of the stockhol lers con-
veneu for such purpose ana after notice
shall have been given In one or more
newspapers published IN the Town of Nor.
gan City, Parish Of ot. 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 at the post Office address de-
signated by him in writing. Any changes
proposed or made is difference to the
capital stock shall be made in accordance
Mlth the laws OF the State Of Louisiana on
the subject y. altering the capital stock Ut
corporations
ARTICLE VIII.
No stakeholder shall ever be liable for
contracts or faults of said corporation in
any falther sum than the unpaid balance
due the corporation on thelshares Of stock
owned by him, nor shall any more inform.
ality Of organization affect or render this
charter nuil or expose any stakeholder to
,l1
-e1 ltai ing due OH his stock.
ARTICLE TX.
E. A. Pharr, John "A. Pharr, Earl 5.
Barnett, Robert f.. Milling, arren B.
Reed, T.. =. Hewes, Chas. A. Denis. Maui
rice +. Norman, anu Or. Z. ). Hewes
have been oh ostn and selected as the first
Board of Directors Of this corporation,
witt e. A. Pharr. as president, Robert E.
MilIng, as Vice President, and Maurice
K. Normand, as Treasurer, to serve as
such unul the first monday in January,
1871 or until their successors shall have
BEEN elected and qualified.
,fe subscribers thereto have respect
fu, . written their nam5s the amount of
stc'.i in this corporation subscribed for
~ e''l .. them, 50 that this act of lncor>
pofa..Jn may also serve as the original
subscription list Of said corporation.
Thus uune and passed at Morgan City
in the Parish of st. Mary. state OF Louis
lana, on The date above written in the pre-
senCe of Messrs. V. j. Knobloch and RANK
Vaughan, two competent witnesses OF
lawful age. who hereunto sign their
names with said appearers and me, Notary
Oh the day and date aforesaid, after due
reauing OF The whole
l.. A. Pharr, three thousand dollars, 30
shares
K. 4. Milling, six thousand and five hum
dreu dOlIafs, ID shares.
H.. n. Milling, i've hundred dollars, )
shares.
II. b, Hewes, two thousand dollars, 20
shares.
Warren u. Reed, five thou sand dollars.
80 shares.
b. O'Brien, one thousand dollars, 10
shares.
Z. Il. Hewes, three thousand five Aun-
dred dollars, 81 shares.
f. K. Gurley, per &. q. Hewes, three
thousand dollars, 30 shares.
"A. ID. Denis, per Z. u. Hewes, three
thousand dollars, - shares.
Chas. a. Dennis, three Thousand dollars.
10 shares.
Nj. Il. Norman, tive hundred dollars, 3
shares.
II. n. THAR, per +. A. Pharr, three
tho tsand dollars, ~ shares,
}. A. Pharr. per Il. "A. Phrrr, three
thousand dollars, - sqares.
h ), Barnett, one thousand dollars, IL
shares.
II. 5. Childs, per E. A. Pharr, five hun
drel dollars, . shares. a
+. }. Weggent0n, i've hundred dollars,
) Shares.
~ u. Y. storm, one Thousand doliaIs,
10 shares.
}. Z Bussey, two thousand dollars, ~
shares.
j. Il. Saai, per IL. h. Milling, one thou
sand dollars ~ shares.
L. Z. Clark, per w. b. Reed, two thou
,anu dollars ~ shares.
Witnesses:
v. j. kNOBLOCH,
FRANK VAUGHAN.
X. Z. MILLING, Notary Public.
New Orleans. December 18th, 1910.
l hereby authorize DR.. Cecil &. Hewes |