The St. Mary banner., 1912-06-15

Cc:'iCt u -. l.. -
| buy, ant hoI.. ,sus al other pro-
perty, and to lease or sell the same.
ARTICLE w.
The corporate powers of this Com
| pany shall be vested in a Board of Di-
| rectors composed of three stock holders
| who shall be elected by ballot at a
general meeting Of the stock holders,
called for that purpose, and at such
meetings each ck-holder shall be al
| lowed one vote for each share of stock
owned by bin to be voted in person or
by proxy. The election for Directors of
this Company shall be held on the
twenty ninth day of May, 1913, that is,
the first election. and on the same date,
month Of each succeeding year. The
Board Of Directors at their first meet
ing in each year can elect out Of their
own number President, e-PIesident,
Treasurer. Secretary aud Manager.
ln the meantime ana until said election
Maurice Levy shall act As President.
Treasurer and Manager. and Marcus NJ.
Levy, Vice President, ani Mrs Maurice
Levy. Secretary, and which three shall
ronstitute Eonrd Of Directors. until
tn" said mert!n. for Officers and Direct
nrs in the ycai 1913. Said Board at
Director, sHall hav" full power to IN Ike
such bylaws us tncv deem necessary
and proper for the conducting and
mraaLiEg of the l,us mess of thi. Cor
poralOu aad they may after AMI rcpral
The same. They shall also provide for
the appnintment If all employees of the
said Company or Cor Grafton and fix
and regulate The pay Of said emplo.. es:
also engage and dischlrge them at their
pleasure. ANY vacancy on said Board
Of Directors shall be filed by the re
mhlr4Lg directors. for the unexpirei
term The Directors and officers thus
elected shall remain in office one year,
or until their SUCCESSORS are duly elected
and qualified. The failure to elect Dr.
rectors and officers shall not be con-
sidcred as forfeiture Of this Charter.
One person may be elected to holl one
Or more Offices. Any Of lhe Directors
shall have the right to appoint any
other Directors as his proxy to act in
his stead.
ARTICLE V
This act Of incorporation may be
amended. or changed or modified, or
said Corporation may be dissolved bv
vote Of the majority of all stock hol lers
At a meeting convened for that purpose.
Upon the expiration of the term of this
Charter or its dissolution, the affairs Of
said Corporation shall he liquidatei by
one liqudator. selected by the said
stock holders from among their number
by the majority Of stock holders OF
said Corporation.
ARTICLE VI.
The said Corporation can sue or be
sncd in All courts of law and equity:
contract and be contracted with, and |
can adopt and use a corporate seal and
can alter, amend and break same at
their pleasure.
No stock holder shall be Liable for any |
debt or liability of said Corporation in
any greater sum over and above the |
amount remaining unpaid on the sock
subscribed.
Thus done and passed at my Office, in
the Town of Franklin, Parish Of st.
Mary, Louisiana. on tue day. moLth
and Year first ABOVE written, in the pre-
sence of Eugene II. Thibodeaux and
Theo. G. Mayer, two competent wit
nesses who sign with the appearers and
me, said Notary, after due reading of
Maurice Levy. 81 shares
Marcus NJ. Levy. share
per Maurice Levy.
Lonls Levy. snare
Mrs Maurice Levy. | share
per Maurice Levy.
Witnesses.
Eugene H. ThiboGeaux
Theo. 6. Mayer.
ISAAC MAYER, Notary Public.
State of Louisiana,
Parrh of st. Mary.
Having examined the above and fore
.Oing charter of the LOUISA TRAD
NG COMPANY, LTD, and finding
'othing therein contrary to the pro-
'isinns of the laws Of the State OF
-ouisiaul with reference to the organ- :
alton Of corp raf:onS. hereby approve t
anc this 4th day Of June, A. D. 1912.
I. NJ. MILLING. I
District Attorney, Parish Of st. Mary. il
i true copy of the original, attest: a
ISAAC MAYER, Notary Public. I
State of Louisiana, a
Parrish of ~ Nnrv |