The herald., 1912-12-26
ARTICLE III.

| Tho obiec,s ans purposes OF this cOrpor-
| alton Is declared to be to raise, Dreed, DIy
and sell live stock and poultry or an klnns'
and to generally conduct live STOCK Ihrnl,
and 70 do all things connected therewlth or
| incidental 10 said business; also 10 cultl,
| vate raise buy and sell all feed stuffs ana
grain and all agriGulit4IIrai Produc''
The capital stock OF this corporation -
| hereby fixed at five thousand dollars, Ill.
| yIded into fifty shares OF the par value OF
one hundred dollars each, SAID STOCK I Snali
! he maid for in cash, labor performed or prop
| erty actually received by the corporation
| as the board of directors shall see nj tnis
| corporation Is authorized 10 commence pus.
| mess and be a going concern as soon as
| three thousand dollars of the stock Is sub
| scrIhed No shares Of stock shall be trans
| ferred except on the books OF the company
and until the certihcate eVldenCIuS UNI
shares of stock to be transferred shaii nave
been delivered TO the company ana uuly
cancelled, and the corporation shall nave
the right to refuse to make SAID transfer
upon lis books as long as the owner or sald
stock is Indebted to said corporation. Any
stakeholder who may desire to dispose OF
his share or shares OF stock snail give the
refusal OF same for ten days TO the corpo;-
alton at price not exceeding lhe pooh
value thereof, and should the corporation
not avail itself Of the right TO purchase the
same, the refusal shall be given TO the yarl-
Gus stockholders beginning with TN me ess 'heh
ARTICLE ".
All the corporate powers OF this corpor-
alton, including the power TO buy, SELL CON
ALLEVIATE the property, both real and per-
Sonal shall be vested in board of dlrec-
tors, composed Of three stockholders, VINO
shall be elected annually on the second
Tuesday of January of each year, commenc-
ing January, 1913. by the majority OF the
stockholders voting at such election, which
shall be- held after ten days written notice
delivered either in person or by mail 10 the
I,..t Ill loft nv a
with the Secretary-treasurer or the CON
pany and at such meeting each stakeholder
is entitled to one vote for each share OF
stock held by him or her; the directors
thus elected shall remain in office until
their successors are elected and quaiined,
and the failure TO so elect each year Sh'li
not have the effect OF rendering this char-
ter null, but the board In Office snail con-
tinue until the new board IS elected and
qualified the directors shall out or their
number appoint a president, ylce-president
and secretary-treasurer; and until the
first election as above specified, the board
of directors shall be composed OF Dr. JOhn
\. Kyle William ii. Douglas and Alfred
PlaiSancc, with DR. John A. Kyle, as pres
ident; William ii. Douglas, secretary treas
urer, and Alfred Plaisance, yice-presdent.
The board OF directors shall have the right
10 make bylaws, the same to alter, amens
or repeal; to employ and discharge such
clerks and employees as may be necessary.
ARTICLE V.
This charter may be changed, altered or
amended or said corporation may be dis
solved, by vote Of twO-thirds of the cap
ital stock represented and voting az gen
eral meeting of the stockholders called for
that purpose, after q thirty days written
notice sent 10 the stockholders as above
specified.
ARTICLE VI
Whenever this corporation Is dissolved,
either by imitation or otherwise, Its af
fairs shall be liquidated by three liquidators,
10 be elected by the stockholders at a gen
eral meeting convened and held in accord
ance with Article Five; said liquidatOrs
shall remain in office until the affairs of
the company are fully liquidated and set
tied in the event OF death or resignation
Of any Of the said iquidatOrs. or a vacancy
occurring for any other cause, the said
vacancy shall be filled by the remaining IL
quidatOrs.
ARTICLE VII.
No stakeholder shall ever be held liable
or responsible for any Of the debts or obliga-
tons OF the company beyond the unpaid
stock subscribed by them = nor shall any
mere informality in organization have the
effect of rendering them liable beyond the |
unpaid balance that may be due by them
on said stock. The number OF shares sub |
scribed opposite the names of the under
signed subscribers shall act as the original |
stock subscription list, none other existing. \
Thus done and passed. In my Office 81 |
month and year herein first above written, |
in the presence OF Messieurs John j. Nc |
Closkey and stephen Gorrondona, competent |
who hereunto sign with the said |
appearers and me, notary, after due reading
Of the whole.
Original signed: vii. II. Douglas. 12l
shares; DIR. John A. Kyle, IL shares: Al |
fred Plaisance, shares. John ]. McClos- !
key, Stephen GOrrondOna.
JNO. WAGNER, Not. Pub.
j, the undersigned recorder Of mortgages
in and for the parish OF Orleans, state of |
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of the
'Woodley Stock Farm Company, limited"
was this day duly recorded in my office, in
book 1855, folio -
New Orleans, La. Dec 3. 1912.
(Signed) EMILE LEONARD D. r
true copy.
JNO. WAGNER, Not. Pub.
dec IL 10 &c jan . 0