The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-05-16

nrov;ded such acknowledgements OF
p pnt;ce Ia snread on the minutes OF the
n meet;ng. The stockholders shall oe
. Mee ;ndoas and shall decide the man
n yrs Of voting for the said directors s.
In case of failure for any cause "
elect the directors on the Gay Dameo,
s,ch failure shall not dissolve thls
cco o but the directors tnen IN
III ot,;ce shall continue to act until their
ormSs shall have been elected and
onali6ed. In case of such failure 10
elect, the president shall cail aaos .;',a
meeting within thirty days, ana slse
notice as herein provided 1or. ~
every election and meeting each STOCK
holder shall be entitled to vote TOR each
share of stock held by him and regis.
tered in his name on the books OF the
Comnany. A majority OF votes cas1
shall elect, each share OF s'o'A 'o''"
counting for one vote'
After each election the directors
shall elect from among their number
the officers of the corporation.
ARTICLEV.
Tho hoard of directors shall have 1ull
mower to fill vacancies in their nun.
ber caused by resignation or otherwise
from among stockholders OF tne c1 oa,,
pany. The said board shall nave iull
Control of the property OF the corpora
tion. and shall so conduct, use anu
manage the same as in their Discretion
.Lan re.v doom hest. aud consistent
With the objects of the corporation,
and conductive to the welfare OF tne
same. The said board shall nave !ne me
nower to adopt such bylaws, rules
and regulations as the affairs ana
business Of the corporation may re-
ouire. and as it may deem necessary
ior the conducting and management
thereof, provided that the same snall
not conflict with this charter or tne
nrovisions Of the law. The said boaro
shall elect or appoint such agents,
managers, employees. servants ano
clerks % they may deem necessary;
l6x the compensation, term Oh SEW ~
With the right to dismiss them a. tnt
pleasure Of said board, and the oosro
shall have the right to determine tne
salaries Of the officers herein proV'o'
ed for.
ARTICLE vi.
This charter may be changed, mod
f,ed or Amended, or this corporatiol
NAV be dissolved, ct . meeting OF tn'
stockholders for that purpose, wltl
) three fourths Of the entire caPlVs
stock whether present OF rePreseaC
ed at such meeting. Ten days nouc
!, NJ snch meeting shall be given % pro
. vided for in Article ~ Of this charter
! nrovidin9 for tho election Of Directors
n case Of terminstion Of this corpora
ton either by limitation or otherwise y ;,
!, the liquidation Of its aaiaire snsl .
! conducted by tho Board OF D1rectot
:. a. Nouidaung commissioners, WI
sha1l remain In Office until the at1alr
J, n the corporstion sre fully wound up
The canitsl stock Of this corporate
!; NAV la increased or decreased BY CON
!. plvfnp With tho provisions OF Act 80
|. 14o Of the General Assembly OF IN
u STATE. or such other laws - are no,
or NAV hereafter b In force felsnv
y to increesing or decreasing the capit'
: stock Of corporations.
I'll ARMOLEvn.
Il No stockholder Of this corporate
l. shall ever 10 liable or respon!io!e Z
e the contrscts OF faults thereof. IN o.
= further sum than tho unpaid bslant
j. due tho corporation On the shares I
. shsre Of otoek subscribed for or ownt
j, bv him. nor Uhsll sny informally
the organisation Of this corporatic
:. have the effect Of rendering this cha
ID | ter null, OF Of exposing . stooknolc :,
n to any further liability, oeyond =,
~ unpaid balance, II any on bis stoc
- the subscription TO this charter %,
= serve . IN original subscription y
in Thus done and passed ct my nota
or lial once In BogSluss, Washingt
So Parish, Louisiana, on this 1Sro Gay
4 April, 1919, in the presence OF hol
Il. q. Noble and ]. II. H0bgood. +,
II. IAN Witnesses, residents OF Il
d. Psrish. Who hereunto sign tn
or namee. together with said appesrt
or and me, Notary, after due reading
of the whole.
le; WitneoSeo-
cd ROlT. 8. NOBLE.
ss ]. II. HOBG0OD.
Subecribers-
n 4. Z. eIBLEY...... 10 shar|
- e. L. SlBLEY......10 share
On g. W. SIBIIEY IN. 10 shar,
M O. ELLIS OFT,
ere Notary Public
Ich I'M. A. Thigpen, the uDdersign
"a Clerk and e1.omcio Recorder
~ Mortgages In and for washingt
Parish, 1ouisisua, do hereby cert
lon that tho original Of the above Z
I'VE foregoing act Of incorporation
Ter MBo9alu6a Grain Company" Vas