The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-05-23

nrovided such acknowledgements ol
notice is spread on the minutes OF the
n moetino The stockholders shall be
tho ind ses and shall decide the man
Va" ~ Voting for the said directors.
In case of failure for any cause "
alect the directors on the gay Daln ae;,
such failure shall not dissolve 'nis
or but the directors then IN
oliice shall continue to act untll incl,
o o'aooos sors shall have been elected and
su.Iid In case of such failure to
elect the president shall call another
meeting within thirty days, ana a s lxe
notice as herein provided lor. ~
every election and meeting eacn stock.
holder shall be entitled to vote Tor each
share Of stock held by him and regis
s s in his name on the books OF the
Comnany. A majority OF votes cast
shall elect, each share OF S'o'A 'o''0
counting for one vote. i
Alton each election the directors
shall elect from among their number
the officers of the corporation.
ARTICLEV.
Tho hoard of directors shall have full
mower to fiji vacancies in their num-
her caused by resignation or otner oaro
s"nrn among Stockholders OF the com.
pany. The said board shall nave iu'l
control of the property OF tne corposa
ton. and shall so conduct, use anu
manage the same as in their dlscretlon
.hav nav deem best, aud consistent
With the objects Of the corporatlon,
and conductive to the welfare OF me
same. The said board shall have !ne
| mower to adopt such bylaws, ruies
and regulations as the affairs ana
hnsiness Of the corporation may re-
ouire. and as it may deem necessary
inr The conducting and management,
thereof, provided that the same sn 20
not conflict with this charter or tns
nrovisions OF the law. The said Doaro
ehall elect or appoint such agents,
managers, employees. servants ano
clerks as they may deem necessary;
fix the compensation, term OF serVice
with the right to dismiss them ~ sn nt
pleasure OF satd board, ana tne Doa aiL
> shall have the right to determine tns
. salaries Of the officers herein PROVO
; ed for.
ARTICLE vi.
. Th;, charter may be changed, mod
4 fad or amended. or this corporataol
NAV be dissolved, at meeting OF IN,
stockholders for that purpose, wy
Era. fourths Of the entire capltss
stock whether present or represe a!a
ed at such meeting. Ten Gays notlc
b ~ such meeting shall be given as pro
Q vided Tor in Article ~ Of this charter
d nrovidine for the election Of Directors
= fn case al termination Of this corpora
tion either BY limitation or otherwise
4 the Nouidstion Of ito affairs shal .
y conducted by the Board OF DlreetG.
>. ss Nquidating commissioners, WI
!, shall remain in Office until the snall
:, of the corporation are fully wound "
i. The capital stock Of this corporate
- NAV he increased or decreased BY con
i nly3np With the provisions OF ACT ~
4 lao Of the General Assembly ol VI
:. State. or such other laws @ are no
Il or NAV hereafter be In force relauN
= To increasing or decreasing the capt.
10 stock Of corporations.
of ARTIOLEv11.
IL No .tockholder Of this corporate
q. ahall ever be liable or Responsible \
to the conrscts OF faults thereof. 10 u
r fnrther sum than the unpaid bslan'
g. due tho corporation on the snsles
Q share Of stock subscribed tor OF 0Wn'
d, by him, nor shall any informsnty.
tie organization Of this corporsul
r. have fhe effect of rendering this chs
id tar null. or Of exposing . st0cKnolo
i'd Ia anv further Inability, beyond t
" unnaid balance, II any on his stoc
ne Ira subscription to this charter en-
re, serve q On original subscription "
In Thus done and passed It my nots
or i.l once in Bogaluss, Washingt
,ss Psrish, Louisiana, on this 2Srd day
ok Anil. 1912. In the presence OF 10
al a. Noble and ]. II. Hobgood. :,
Or legal Witnesses, residente OF y
I'd, Psrish. Who hereunto sign tn
for names. together with said appear'
or and me, Notary, after due reading
OF the whole.
ne: yu,tr...e.-
led ROBT. 8. NOBLE.
~ J. Il. HOBGOOD.
Ion Subscriber
8" A. T. 6IBLEY. 1910 shsr
Tor E. L. sIBLEY......1o shsr
Ign S.W. sIBLEY j.. 10 shar
)m- n ELIIS OFT.
orr Notary Public
ichI !, N. A. Thigpen, the uDoeislRl
old Clerk and e1.omcio necoIoet
Mortgages In and for Washing