The Thibodaux sentinel. (Thibodaux, La.) 1905-1912, 1912-11-09
,ear eighl per cand per annum

Article Y
The business Of this corporation
shall be transacted and managed by
board of four directors. Ozeme
Naquiu, Joseph A Breaud, Louis H.
Breaul aad Joseph A. Naquin shall
constitute The first board of directors,
with the said Dzeme Naquin, as
president aid treasurer, Louis H.
Breaud IS vice president, Joseph A.
Breaud, rs ID .n.g.r. and Joseph A.
Naquin. as SECRETARY They sha|' hold
their offices until the third Mnp'ia,
ef January psnetesn hundred aud
fourteen or uutiis ,in.!r Successors
shaft have been ,l..ftfs's aud qualified
On III. thtl Aunday. of January
nineteen hundred and fourteen aud
annually ,heYeafterrar election for
dnep'"vs hnll tt.h.;;dsat the place of
l,u>ius,ss nf said tnfjaratlon, due
notice of winch >lEiI.f. give. tnseacll
stakeholder, ur his duly authorized
agsrt hY The secretary ..he same to I,r
ha,s.lr,', >tnt-or mailed n, least ten
days prior Ia the Ssia meeting. Four
Stockholders rrc. wing he nai,tity Of
the votes east sha he de.lartd
elected '';lpctn,s rhE directors shall
take their seals lln,n.tlia,.i., ~ their
election. Each ta,a4d ut flilect.r> shall
elect a president, who. shall ;.iso b.
treasurer, !. sIc.-DpsscS al, 9 nlaalager
and !, secretary. i f*aiuie from any
cause &c hold an ,-!erlloa Of airecol-
or officers shall D"t dissolve ,h,
corporation, bni these in office shat.
have b., II elected aud qaa,flth al
another election, to hc IL, lei and he'd
il: til. manner pio:jde'l for h.re'u
" ihout any Unnecessary Il lay SAM
directors shall b ~. tile riIt,: IL t:ii
AL vacauries i, t:leir number. Al Il
ctet,lrnS tHtl u share fst,tk shall Ii
e,,,it4rh.,o vote tlsrel mtln',trs nt
H.. III ard e dis, tors ptrs.n shalt
CONS .,si. Il quorum lf'l the trans
;.ctl-'.. a:',t tunHngcinriit OF hn .lns.ss
IT TIL cooperating Ii" board 'h
lr. utt,rs uf thu cor ,uratt'.l ma.
adopt by laws, ~ dtreg HI ,t.ons fer ,he
,ransHc:,nn and M uet of ih.. b;.-i- |
tess hereof. anal alter modify alr
amend ne >auic Rs :hty may lhik
proper, amt thy Shall have full
power 10 mn ke all purchases aud
contracts, To hlre hnd d.schary.
fix Ill salaries and to do
ali tn'hgs necessary. Al, CONTRACTS
shall he signed by the mauager or
president and then couutersigneu h
,hc secretary.
article VEL.
At the TERMINATES. af this charter
by limitation nr otherwise. the bu>-
Inrss atti affairs Of this corporation
shall be Inundated ,ylwo commits
sloner> |" be appointed from among
Tie >tockhn tlrls at Il regular meeting
after len days previous
notice, IN writing, shall have been
,iven By the secretary TO each STICK. |
holder OF his duy authorized agent,
sod notice to :,e delivered in person
u sent by mail. SAID commissioners
.haE ls. ctccLel ANIL their duties
Iulte> defined ard their camper satel,l
liked by Il majority Of the share
present OF represented at said
nertlrg, Said commissioners shall
enalu in office uullI the affairs OF
a'u corporation shall have been
iqudatai, and III case Of the death
# one are more of said commits
toners SUCCESSOR or successors
hail be elected at another meeting
# tn. stockholders in The same
ra.u.r as set forth above. +
This ACT of ine corporation may be
hanged, modifirtlu altered, or ibs
,upo. ALTON NAV br dissolved by u
OF. Of tEr.e-f Hy.lls Of the capital
,nch represented at Il general
Jcct'ng Of the Stockholders convened
II such purpose, after ten dass
office shall have been given III til.
Manner as set fourth in the frs,
aragrHph Of this article.
Article VII. 1
n, storkho der shall be held nabl, &
+ responsible for the contracts or 6
.uIis Of his corporation in any +
'rht sum than the unpaid balance ;
ue to the corporation On the sharts =,
wned by him, nor Shall any mere
lforma;i,y in organization have ,hr (
feet Of rendering thi. charter null.
+ of exposing a stakeholder to any
ability b,yond tue amount of his
ock This operation shah De :,
u,sne,s az soon as five thousand dol!
rs of its stock shall have been sub ),
ribbed. Thus Sone, passed and
gned ON tie day, month and yea,
rst above written, in the town OF
in the presence Of the
'orsnametl Witnesses, who have
.ncd these presents together with IFS
e parties and me, said notary, after "
lie reading Of the whMe hereof. d
Original S'gned) D
o. Naqnin, 5 shares
Louis Il. B.eaud, 5 shares
j. A. Naquin. s. shares /
!, A. Breand, 5 shares,
illnesses: {P
Albert l.. FoIse u.
Joseph-A. Toapst Isl