The Thibodaux sentinel. (Thibodaux, La.) 1905-1912, 1912-11-16
Dear eight per cent per annum

Article Y
The business of this corporation
shall be transacted and managed by a
board OF four directors. Ozeme
NsquiH: Joseph A Breaud, Louis II.
Breaud and Joseph A. Naquin shall
constitute HE first board of directors,
with the said Ozeme Naquin, as
president AID treasurer, Louis H.
Breaud rs sis.e-president, Joseph A.
Breaud, as u ,oager. and Joseph A.
Naquin. as seer tary They shall hold
their offices until the third Mnn'iav
eff January nineteen hundrd aud
fourteen or until their Successors
hal. have been e,eci. u aud qualified
On tie tll,d MONDAY of January
nlneIcen hundred ard fourteen and
annually thereafter, an election for
directors shah htheld ut The place of
hn,ness Of SAID eort'oration. due
notice Of witch shall he give, to each
stakeholder, ~ his duly authoriZ, q
ag"ht by Tx, se,:rs-ttfy HE sam To he
huntlrd, sent ,,r lnaiIe.I ut least ten
days prior to the sal! meeting. Four
Stockholders rec,ivirg he mai'nily Of
the votes east sha be de"Iar. q
elected directors The directors shall
take their seats fnm.diat., !. %" their
election. Each luati of directors shall
elect Il president, who shalt also he
treasurer, .ict-prrsltent. Il manager
and IL secnelaryar4fyf al u:e from any
cause to hold an ets-stiua Of slirecors
or officers sllaI! not dissolve the
corporation, i,nl thn.e in office shat,
hoIA over until their Successors >ht.l
have BEEN elected aud daalttea ri
another election to ia CIVILIZED ana h, .d
ia thu manner provided for herein
without amy unnecessary delay Said
directors shall h I've the right to f!il
all vacAurit.s IN their numlnr. At y
e,rcil,,,i, each share of stock hall he
eult'ed 10 vote. hree members of
: IL. l.. ard If sii"s,.tot pfts-n, shall
ruis>t'tu'e :. quorum foi he trans
vilnr ;,.,', Infringement OF business
# III. rnrp,nall''u be board Of
3'r' ctors Of the corpnra,lun ma,
adept by-i"ws, Il, d regulations f"r tbe
rausact'un and ,.,ntuc. y; The bu>i-
uess thereof, am! alter, ,uo;li!v an'
tmrr.I the ,asue as they NAV ihik |
proper, and they sha!i have full
power TO msks all purchases and
.ou,ract~, to hire and ds,cllur..
fix all salaries and to do
Ill tn'hgs necessary. All contracts
hail be signed l,A the manager or
resident and then ctnn,cisgneu Il,
he secretary.
-,rtice VII.
AT the terminati4n of this charter.
y limitation or otherwise, The bus
ness aLd affairs of this corporation
hail be liu",dated hy Two conlnis
toner's to be appointed from among
he Stockholders 1T regular meeting
"nvened after len days previous
otnce, Iii writing. shall have been
'ven by the secretary 10 each stock
older or his duly authorized agent,
aid notice to- 1e delivered in person
4 sent by mail. Saul commissioners
bal. be elected aud I heir duties
ulies defined and uieis cnnlpensatnn
xed by a majority Of the shares
resent or represented AT said
eetIng. Said commissioners shall
main M office ANU the aff,irs Of
ut corporation shall have been
luidata,l, and III case of tue death
one are mo"e OF said commits
oncrs n Successor or successors
hail ba elected ii: another meetingI
the Stockholders in the same :
anuer as set forth above.
This acl Of incorporation may BIZ
anged, modified or altered, or Ills Il
ruo,:iliun ,n..r be dissolved bv Il 6
H.. of tErre-f,urths of the capital /
rck representa- at II general
rct'ng of the stockholders convened
+ such purpose, after ten DAYS
',ice shall have been given IN the
amer as set fourth in the first
ragraph nf this article.
Article VII. t
M stockho der shalt be held Ilabl. 0
responsible FIR the contracts or 8
al,s Of this corporation in any
II her sum than the unpaid balance i
Z 10 the corporatOa on the shares :
red by hun, nor Shall any mere
'orma;ity in organization have thr =
rct of rendering this charter nuli,
Of exposing stakeholder to any
hlIlty beyond the amount Of his
'ck This corporation shall be "a
to cOmmeri:'
lsness as soon as five thousand dol
$ of its stock shall have been sub St
ibed. Thus .1one, passed and
ned ON the day, month and year
1T above written, III The town Of
ibocaux, in the presence of the
RENAMED Witnesses, who have
ned these presents together with is
parties and me, said notary, after wi
: reading of ule Whole hereof. of
Original slgnSD D.
o. Naqain, 5 shares
Louis II. B, ea,,d, shates
j. ii. Naquin. 5 shares
j. A. Breaud, 5 shares
tnesse>: p