The weekly Iberian. (New Iberia, La.) 1894-1946, 1911-02-04
ARTICLE VI

- l. y 81 ' I.
the officers Of TIA, corr cratic,
shall be President a NlGa-Iras
ldcnt, and a Secretary and Fr.,s
urer. The office of Serret3r. ANA
Treasurer may be hrjd 6y the ANA
individual and may ls s. fe~fl3
from without Of thp stogl>Ea!fIsr.
The officers Shall H tIsef4.i ~
nually hy the Board uf Directors
Citation and other -al urgorss
shall be served ou tl. PresjIrnt
and IN his absence on TN Serrr2
tary, and III the absence of both
IN such manner as ~ proNa.. wv
law.
ARTICLE VII.
The affairs of tins c6rh3.,i{o,
shall be administered and a., nov
erS exercised by a Board y@nnospd
OF three stock holdcrs. th,. tgafo,-
lty of whom shah constitute II guo-
rum for the transaction al atlyi-
ness. They shah be elected al
nually at the regular meeting Of
the stock holders VI Inch shtii Ea
heid on the second tuesday of
January Of each year. Gau II for
any reasons said meeting ,6unI1
not be held, or there ahouid a, no
election on the day fixed, the ~
lstlng officers shall hold Lilo, Of
lice until their successors SHAH be
legally elected and qualified.
ARTICLE viii.
Until the first election Of Drec-
tors and officers is held ilYpolite
Patout, Mrs. Ida Patout Burns and
William 5. Patout shall comrosc
the Directors Of the CORPORATION
Hypoiite Patout shall be President
Mrs. Ida patout Burns shall be-
Vlce-preSldcnt, and William $. Pat
out shall be Secretary and Treas
urer.
At all elections or other ballot
ings by the stockholders, each
stakeholder shall have one vote
either IN person or by written
proxy, for each share Of stock
owned by him, and majority of
the stock voted shall control, ex-
cept as otherwise provided by law
and by this charter. Not less than
ftteeen u5) days written notice
shall be given to each stUckhold-
er OF every regular and special
of the Stockholders, and
all such meetings and all elections
OF officers and directors, shall be
held at the business office of the
at its domiciie. sue-
clal meetings of the stockholders
may be called by the Board of Di-
rectors, or by majority thereof,
Tor the transaction OF such bust
ness as may be stated in the writ
ten notices OF such meetings given
to the stockholders.
ARTICLE TX.
The Board of Directors are an
thorlZed and empowered to elect
manager and such assistant man
ayers as they may deem necessary
Tor conducting the business Of the
and to confer such
manager all necessary power to
secure necessary employees and
70 incur such necessary ordinary
lebts as may be required for the
proper workings OF the business
d the corporation, provided, how
ever, that said manager shall not
incur Indebtedness to greater a
mount than twenty five thousand
S25,0O0.OO) dollars, without spe-
,lal authorization of the Board of
ARTICLE X.
No stakeholder shall ever be held
liable for the contracts or faults
Of this corporation beyond the un-
paid balance due by him on stock
subscribed for by HIM, nor shall
any informally in the organization
1ereof will render any stakeholder
liable beyond the unpaid balance
iue him on his stock.
ARTICLE XI.
This charter may be modified,
changed or amended, in accordance
With the law and by a vote in favor
hereof, if not less than three
'ourths of the outstanding capital
stock. In case of the dissolution
If the corporation by limitation or
otherwise, its affairs shall be IL
luidated by two commissioners to
De chosed by the stockholders at
meeting called for that purpose
liter written notice of fifteen
lays to each stakeholder addressed
o his usual residence. The duties,
powers and emoluments of such
commissioners shall be prescribed
It the time Of their election.
Thus done and signed at the En-
erprise Plantation, Iberia Parish,
m this second day of August A.
}. 1910, in the presence of Messrs.
:. j. DOmingues and George j.