The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-03-21
OF Directors shall be filled by The
remaining directors and any stock
holder shall be eligible to serve as a
Diractor
ARTICLE 5

Director.
ARTICLE )
This corporation may be liquidatcd
under the superintendent of two of
its stockholders, to lie appointed for
that purpose by a general meeting of
the stockholders, convened after fifteen
days registered notice to each stock
olders, and with the assent of two
thirds of the stockholders, In Amount
of Stock Held, said liquidators or
commissioners shall remain in Office
until the affairs of tho said corpora
tion shall have been fully liquidated
and, in case OF death of one of said
liquidators the remaining member
shall continue to act.
ARTICLE 6
This act of incorporation may Ike
change or amended. or the corporation
may be dissolved with the assent of
two-thirds of the stock represented at
any general meeting OF the stock
holders regularly called as provided
for in case of liquidation.
No stockholders shall ever be held
liable for the contracts or faults of
this corporation 10 any further sum
than the unpaid balance due on the
shares Of stock then owned by them,
nor shall any informality in organiza-
ton have the effect of rendering this
charter null or of exposing stock.
holder to any liability beyond the
amount of his stock.
All stock in this corporation shall
be issued under the directions of the
board of directors, and. the signers
hereto, reserve the right to themselves
to the balance Of the Capital Stock of
this corporation, in equal shares, and
no stock shall he sold to and outsider
without first giving sixty days written
notice 10 leach signer hereto and giving
them the refusal thereof.
No stakeholder herein, shall be al
lowed to sell or otherwise dispose of
his stock until after first giving sixty
days written notice to the other stock.
holders and the company herein orm-
ed, in order that they may have the
refusal thereof, and the stockholders
may purchase same at its book value.
All transfers of stock shall be made
on the books of the corporation in the
presence OF the Secretary; and, the
person to whom the stock is to be
transferred must be acceptable to the
Board OF Directors.
ARTICLE 7
This Corporation shall have all the
powers and rights of Corporations
under the Laws Of the State lfLouisi-
ana, shall have power to sue and be
sued, and may have and use a corpo-
ate seal with such inscription or de-
'ice IS may be selected by the Board
If Directors.
The President of this Corporation
$ hereby authorized to represent this
in all suits at law. and,
my differences that msy arise during
Is existence. He shall be governed,
however. by resolution OF the Board
# Directors authorizing his acti ons.
The President, and in his absence,
he Vice President and in his absence,
he Secretary and Manager are here by
declared to be the officer upon whom
he service Of legal papers is su,hor-
lied to be made.
Thus done aud passed ct my Office
in Boyaluss, Parish Of Washington
State Of Louisiana, u: this day. month,
md yea$ her0inx5oye written and in
The presence Of the Undersigned con
peteat aud legal witnesses, who sigu
hereto with said appearers and me
Notary after due reading OF the whole.