The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1911-06-03

All notices of stockholders meetings
shall be by written notice gwen ten days
in advance of the meeting except notice to
increase the capital stock or to alter or
amend the charter or dissolve the corpora.
tiOn-which said notices shall be given for
full thirty days in writing and by publica-
ton in weekly paper published in the
Town of Franklin.
ARTICLE VII.
The Offices Of this corporation shall con-
sist of a President, Il Vice President, a
secretary and a 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, in February, 1912, the following
named persons shall constitute the first
Board Of Directors, towit: 5. IL. Kelley,
John d. Bell, w. A. O'Quinn, +. F.. Rob-
ertson, Percy Saint; with the first officers
as follows: JOhu ID. Bell, President; 5. II.
Kelley, Vice President; +. K. 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 the stockholders held for sucn per-
pose after thirty days prior notice in
writing and in print shall have been given
to each stockholder or mailed to him at
his last known postofice address.
ARTICLE tx.
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
tion
ANY stockhoider desiring to sell his
stock shall first offer the same TO the re-
naming stockholders, aud shall not be
permitted TO Sell same to any person not
already u stOckhOlder until he has first
rendered the stock to the Secretary of this
company for the benefit of any stockhOl-
der who may desire to buy, aud give the
Secretary ten days within wnicn to as.
certain whether any stOckhOlder desires
said stock at the price offered; aud if he
does, he shall have the right 10 purchase
to the exclusion of u stranger.
Ali stock shall have printed on it's face:
"Transferred to persons not originally
charter members of sal company only
upon conditions named in Article 3 of the
charter OF the company"
ARTICLE X.
No stockholder of this corporation shall
ever be held liable for aay of the indebt-
edness, contracts or faults thereof in any
further sum than the unpaid balance, due
the corporation on the shares owned oy
him; nor suall any mere lnformality in
the organization have the effect OF rem
dering this charter null or exposing
shareholder to any liability whatever,
ARTICLE ri.
At the expiration of this charter, or the
earlier dissolution of this corporation, its
affairs shall be liquldated by three CONS
missiOners, all of whom shall hold stock
in said company, and said commissioners
are hereby vested with full power and au.
th0rity to sell any and all assets and prop
erty, real, personal or mixed. of tnls cor
pOratiOn, and to convey full and complete
title thereto and to do aud perform any
and all acts essential and proper to 1uli
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 or any one or more or 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 subscription list, the
Undersigned organizers of I'M, Corpora
tiOn have respectfully subscribed Ior ,uo
stock therein Ia the numUer Of shares and
amounts respectively set opposite tuer
signature hereto.
thus done anu passed at my olfice i'll the
Town Of rrdnklln, Parish vi sc. Mary,
State vi Louisiana, In The presence of W.
f. Chase aud Il. Emmet U'Nleil, cOmpe-
tent witnesses, who haYe hereunLO signed
their names with said appearers, and me,
said Notary, on the day aud date afore-
SAID.
5. IL. KELLEY lOU Ohares
/. Il. hELLEY, per ). h. Kelley % share,
u. l.. KELLEY, per 5. II. Kelley ID ouares
JOHN ID. BELL l.v ouares
W. ID. HAAS, per j. ID. Bel ~ Shares
LEBoUKGEOIS Il BUSH, per j.
u. Bell I0 shares
MISSES l.. & l. j. ROBERTSON,
per +. Z Robertson IL Shares
W. A. O'QUINN IO Shares
j. 5. UNDERWOOD ) Shares
+. T.. ROBERTSON > Snares
Witnesses:
W T.. CHASE,
K. EMMETT O'NIELL.
PERCY SAINT, Nota.y fuDiic.