The Thibodaux sentinel. (Thibodaux, La.) 1905-1912, 1912-10-12

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Article
| The business OF his corporation
shall be transacted and managed BY q
board Of four dire tors. Ozeme
Naqaiu. Joseph a leaad, Louis Fl.
Breau,f a,,d Joseph yaqn,u' shall
codssi,nte the first ~ rd of'directors
with the said pzea Naquin, as
president .hd treasurer, Louis H
Breaod as yice-presiIeu Joseph A
Breautl, as u,a,ager.A md Joseph A.
T Naquin. as secretary they shall'hold
E.Avir offices, until IN third Monday
e. January ntneteer hundred aud
ft'aA teen on shtil 4e,r SUCCESSORS
shaI have been elpefs aud qualified
ca the third Moplay OF January
Ehtletcen hundred sbd fourteen aud
|lannualIy ,heresfters ar ELECTION fol
directors .l.,Il' brh,.eid al the place oi
l'b,siness Of sui,i evaporation, DUE
Notice of witch shall be given to eacI'
Stakeholder, or his duly authorized
asrnt bv the se,rttsr the same I" tie
handed, sent or matted II least ten
days prior to the amid meeting. Four
|'atnckholders receiyinsihe majority Of
Tie Votes east shl be declared
excited directors The directors shall
tRkr their seats ilntpss On Their
d!lpct,on. Each h,aax B lisessrs shsal
Avct ! president saisp "
treasurer, 1 vica.prs siie tiS ! manager
and a secretary. a failure irnm aoy
cause ,c hold M rlectavn OF ilirecor>
df' officers sl,all not dissolve the
corporation, bit those in office shall
tKhh over untils,lieir successors shall
have bern elected aud qualified y,
another electionlto be called and he'd
IN she manner provided tor hs,ein
Without AIRY unnecessary delay. Said
:tiiret+5fa shall have the right to fill
!all vaca,lcies in their number. At al
elections each share OF stock shall be
entitled 10 vote Three members Of
'hr beard IF directors preseh. shall
constitute a qHorum fH the t,ans-
5actn". and management of business
nf the corporations The i hoard ct
directors nf tn. cor,mrrtinn may
adopt bylaws, u, d regul-tions for t!Ie
transaction md conduct of th.. bnsis
ness thereof, and alter, modify api
Attend tue sEme as they may ,hik
rhbper, and they shah have fall
pb#cr to; make all purchases and
contracts, 70 hire and discharge
employees, fix all salaries and to- Ito
all things necessary. AL contracts
s;1aIl be signed by the manager or
president asad then countersign:il by
'9e secratasy. :
Article VII.
At the Termination Of this charter,
By limitation or otherwise, TIE bus
mess ard affairs OF this corpSra.ion
shall be iiquidated' BY two d'm1nis
sioners to be appointed rom among
The Stockholders at q regular meeting
after leu days previous
notice, IN writing. shall haze been
given by the secretary 10 each stock
holder or his duly authorized agent,
laid notice 10 ae delivered 10 person
~ sent BIZ mail Said customers
ball be elected anain fhst duties
laties defined and INSTRUMENTATION
Ixed by + majority Of tle shares
}resent or represented 1t said
aeeting. Said commissioners shall
emaln in office until the affairs Of
aid corporation shall have been
quidated, and III case Of the death
+ one are more Of mid commits
ioDers successor Or Successors
halt be elected Mt another meeting !:
+ the stockholders III The same il
banner as set forth ab.ye- y
This act of incorporation may be
hanged, modified Or altered, or this
may be dissolved BY a|t
ote Of three fourthsaof the capital
lock represented at general
'eetA,g 8. the stockholders convened
'r sucG purpose, after ten dars
Dtiee shall have been given IN the
an1f.r IA eet, fourth 10 the frs,
'fas &. !. Of this article,
'ss y Article VII.
No stockAmider shall be held iiable *
responsible for the contracts or EsS
ults of this corporation ID any
'r'her sum than tue unpaid balance :
lie to the corporation on the shares
vned by HIM, nor shalt any mere
formaIity 'iH Organization have, tli- (
feet Of rendering this charter null,
Of exposing ., stockholdsr to any. /
'b'|ity bsyonas the amount Of h,s1
ock, This corporation shal, be :,
',npetent to commerce
''sness as aeon as IKE thousand dol Fl
RI OF its stock shall have been sub Fs
ribe,l. Thus = done, passed and
yned on tae day, monlh and year.
st above written in the town of b
libodaux, in the presence Of tue
crenamstl ;wltnesees, xllo have
yned these presents together with il
eFparties and, me, said notary, sitter 4
'e reading 6f the whole hereof. d
; (Original sllgnel o
'Naanin, s shares h
Louis II. Breaud, 5. shareafs
n 4.