The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1911-01-21
cessary and proper In Its judgment for the

i. ...} >h',.i ave the full power and
, Low or Auan money, aX
80. I. ctl,e mortgages ana liens, -
| 800 . bOnuo, nrtes and other oblIgat!o. :,
| 80 II. ale seryItGaes, and generally to {
| all things reasonable, cOny enIent and he
! cu>eary Tor the proper carrying on OF the
business Of the corporation. Every Dl-
| rector III case Of his absence from the Par
| l>h OF st. Mary, on the State of Lv,.lslana,
! snail have the power and auth GRITTY to
| appoint in writing a stakeholder, or any
| member of the Board of Directors of the
| company AS his proxy to sit in his lieu and
stead ii all hee,tng, of the Board of ID =
| rect II, and to represent him at such
| IAeetlnos, as fully is though he himself
we're present. such W'itten proxies must
De Hleu with the Secretary OF the Conn
pany.
Upon the written request If stockh olders
Owning at isast ohe-third OF the stock Of
the Company, the President shall be Re
CURED TO call a special meeting of the
stockholders hereof; Notice of such
special meeting shall be given both by
publication in weekly newspaper puD>
ll>hed III the Town of Morgan City, Parl sh
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 his last known address
at least ten days prior to such meeting.
AhllOLE vi.
Whenever this corporation NAV 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 d general
meeting OF The stockholders convened for
such purpose or which meeting notice shall
be gwen IN the manner and time provided
for by article seven Of this charter, and a
majority III amount of the capital stock Of
sllu company represented at such meeting
snail be requisite tu elect. said comml,-
sloners shall remain in office until the at
fairs OF the said corporation shall hye been
fully llquldated. In case of death OF one
or more of said commi toners. the
vacancy shall be filled 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 stochbol .ers con-
vened for SUCH purpose ana after notice
shall nave been gwen In one or. more
newspapers published In the rown of MOT.
gan CITY, Parish OF st. Mary, once Il week
Tor four weeks preceding tue meeting anu
by written notice to each stockholder.
mailed To him thirty days prior u the date
of meeting at the post office address de :
proposed or made is Difference to the
capital stock snail be made in accordance
MlIh the laws OF the state of Louisiana on
the subject o, altering The capital stock OF
corporations.
ARTICLE VIII.
No stakeholder shall ever he liable for
contructs or faults OF said CORPORATION in
any fulther sum than the uupal1 balance
due the corporation on thefshares of stock
Ned hall ~ mi m
aHty 81 organization affect or render this
charter null or expose any stakeholder TO
ANY liability beyond the unpaid amount
remaining due OH his stock.
klIULE IN.
Il. a. Pharr, john a. Pharr, Earl ).
Barnett, kooert +. Milling, arren q.
Reed, +. b. lie ives, Chas. A. Denis Mau-
rice +. Norman, ana DR.. Z. ). Hewes
have been chosen and selected as the first
Board OF Directors OF this corporation,
with T.. A. tharr. PRESIDENT, Robert Z.
Mining, as Vice. President, and Maurice
h. n 0rmand, as Treasurer, to serve as
such until tse first. Monday In January,
1872. or until their successors shall have
been elected and qualified.
The subscribers thereto have respect
fully written their names the amount of
STOCK III this corporation subscribed for
ny eacl o. Them, 50 that this act OF Inc or>
pOIatlOn. may also serve as the, Original
subscription list Of said corporalIon.
Thus done ana passed at Morgan City
in the Parish of St. Mary. state OIL Louis
lana, on the date above written in the pre-
sense of Messrs. Y. j. knobloch and T. rank
Vaughan, two competent witnesses OF
lawful age. who hereunto sign their
names with said appearers and me, Notary
on the day and date aforesaid, after due
reading OF the whole
n. a. fhafr, three thousand dollars, 30
SHARES.
H. +. Milling, SIX thousand and five hun
dred dollars, ID shares.
H., r.. Milling, i've hundred dollars, j
shares.
Ii. b, Hewes, two thousand dollars, 20
shares,
warren Il. Reed, i've thousand dollars.
30 shares.
u. O'Brien, one thousand dollars, 10
shares.
Z. q. Hewes, three thousand five hun
dred dollars, 81 shares.
h. Il. Gurley, per Z. G. Hewes, three
thousand dollars, 80 shsres.
A. ID. Denis, per Z. u. Hewes, three
thousand dollars, 80 shares. 1
Chas. \. Dennis, three thousand dollars.
81 shares. /
NJ. E.. Norman, i've hundred dollars, .
shares. /
l.. \. fharr. per L. A. Pharr, three |
n0usand dollars, - shares.
). A. Pharr, per II. A. Phrrr, three |
housand dollars, ~ sqares.
Z. >. Darnet1 one thousand dollars, IL
haras. q.
ii. 5. Childs, per E. A. Pharr, five hun
red dollars, > shares.
F.J Weggenton, i've hundred dollars,
shares.
~. Il. &. storm, one Thousand dollaIs,
D shares.
}. {, bussey, two thousand dollars, 90
h..reS.
). Il, Saal. per Il. +. Milling, one thou
and dollars IL shares.
Il. L. Clark, per w. b. Reed, two thou
md dollars, 70 shares.
illnesses:
Y. j. KNOBLoCH,