The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1912-11-19

at least thirty days prior to the date
he offers to vote.
A majority of the votes cast shall
elect or decide on all questions before
the meeting.
Any vacancy occurring in the Board
of Directors, either by death, reslgna-
ton, or other cause, shall be filled by
the remaining directors from among
the stockholders, at a meeting held
for that purpose and such new direct
ors shall serve until the mex regular
election by the stockholders.
Immediately after their election
the Board of Directors shall hold a
meeting and shall elect a President,
a First Vice-President, a second vice
| President, a Secretary, and a Treas
urer.
Said officers shall be chosen from
among the Directors, but n who is
not a director may be chosen as Sec
rotary or Treasurer.
The Board of Directors shall also
appoint such other officers and agents
as it may deem advisable and shall fix
their salaries.
The Board may make and estab-
fish, as well as alter and amend, any
and all bylaws, rules and regulations
necessary and proper in its judgment
for the conduct, support and manage
ment of the business and affairs OF
said corporation.
The Board of Directors shall have
full power and authority to borrow
money, to execute mortgages, and to
permit liens; to issuebonds, notes and
other obligations and, generally, to dc
all things reasonable, convenient and
necessary for the purpose of carrying
on the business of the corporation.
The Board of Directors may issue
full paid shares of stock for cash or in
payment of labor done and property
actually received by said corporation.
The Board shall have the power to
name and appoint transfer agents to
make transfer of the stock OF this cor
poration and under such reasonable
rules and regulations as the Board
may establish.
Stock transferred on the books OF
said transfer agents shall be deemed
transferred on the books of the Com.
pany.
Special meetings of the %stockohld-
| ers may be called at any time by the
| President, or a majority of the Direct
ors, to be held at the Office of the
| Company, after giving notice, by reg
istered mail, to each stakeholder, at
his last registered address, and not
less than five days after the mailing
of such notice to the stockholders.
The Board of Directors shall also
call special meetings of the stock
holders at any time, for the consider
alton of such business as shall be
specified in the notice, at the request
of a majority in amount of stock sub
scribed, and after not less than five
DAYS notice given in the manner here
inabove provided.
ARTICLE vi.
The first annual meeting of the
stockholders shall be held on the
first Monday of February, 1914 and
until such time, the following: ]. A.
Landry, S, T. Woodring, Frank Rob-
erts, T. J. Bird, Lynn H. Dinkins, E.
E .Shackford, D. j. Landry shall COM
pose the Board of Directors, with J..
A. Landry, President; S. T. Woodring,
LIST. Vice-president; T. J.. Bird, End.
Vice-president; D. j. Landry. Treas
urer; and P. o. Moss, Secretary.
They shall serve until said date and
until their successor shall have been
elected and qualified.
ARTICLE VII.
No stakeholder of this corporation
shall be held liable or responsible for
the contracts or faults of the corpora
ton in any further sums than the un-
paid balance due to the Company on
the shares owned by him; nor shall
any mere informality in organization
have the effect of rendering this
charter null and of exposing the
stakeholder to any liability beyond
the amount due and unpaid on the
shares of stock owned by him.
ARTICLE VIII.
This charter may be altered. or this
corporation dissolved with the con
sent of three-fourths Of the capital
stock represented at a general meet
ing of the stockholders convened for
that purpose, after not less than five
days notice given to each stockhold-
er in the manner hereinabove provid-
ed, or by giving two successive publ
cations in a newspaper published at
the domicile Of the Company.
ARTICLE TX.
Whenever this corporation is dis
solved by Limitation, or otherwise, its
affairs shall be liquidated and settled
by three l%iquidators to be appointed
for that purpose by the stockholders
at a general meeting of the stockhod-
ers convened for that purpose after
thirty days notice. and in the manner
hereinabove provided. The said liqui-
dators shall remain in Office until the
business and affairs of the corpora
ton are fully l%iouidated and settled;
and in case of death. resignation, or
inability to acbt of one of thesaid liqui-
dators,. the remaining liquidators shall
elect a successor from among file
stockholders.
ARTICLE x.
The officers of this corporation shall
be a President; a first Vice-presidenI,
a second Vice-president, a Secretary
and a Treasure. The offices of Sec
| rotary and Treasurer may be held by