The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-05-30

Acknowledgement by stockholder O
such election, shall be sufficient
provided such acknowledgment O.
e notice is spread on the minutes of tn,
n meeting. The stockholders shall bt
. the judges and shall decide the man
/. ner OF voting for the said directors
e In case of failure for any cause Il
= elect the directors on the day named
4 such failure shall not dissolve thi!
: corporation, but the directors then ir
: Office shall continue to act Until theil
' successors shall have been elected ant
! qualified. In case of such failure t
elect, the president shall call another
meeting within thirty days, and give
, notice as herein provided for. Al
every election and meeting each stock
holder shall be entitled to vote for each
share of stock held by him and regis
tered in his name on the books of thu
, Company. A majority of votes cast
shall elect, each share of stock voteG
counting for one vote.
After each election the directors
shall elect from among their humble,
the officers OF the corporation.
ARTICLEV.
The board of directors shall have full
power to fill vacancies in their mum.
Der caused by resi- gnation or otherwise
from among stockholders of the com.
pany. The said board shall have full
control of the property of the corpora.
ton on6 sho1l On oonI,,n< 900 o.J
manage the same as in their discretion
they may deem best, aud consistent
with the objects of the corporation,
and conductive to the welfare of the
same. The said board shall have the
power to adopt such bylaws, rules
and regulations as the affairs and
business of the corporation may re-
Quire, and as it may deem necessary
ior the conducting and management
thereof, provided that the same shall
not conflict with this charter or the
provisions OF the law. The said board
shall elect or appoint such agents,
managers, employees. servants and
clerks rs they may deem necessary;
fix the compensation, term of service
with the right to dismiss them at the
pleasure Of said board, and the board
shall have the right to determine the
salaries of the officers herein provid.
ed for.
ARTICLE vi.
This charter may be changed, modi-
fed or amended. or this corporation
may be dissolved, ct . meeting Of the
stockholders for that purpose, with
three fourths of the entire capital
stock whether present or represent
ed at such meeting. Ten days notice
Of such meeting shall be given as pro-
vided for in Article " Of this charter.
providing for the election Of Directors.
In case Of termination Of this corpora.
ton either by limitation or otherwise.
the liquidation OF ito affairs shall be
conducted by the Board Of Directors
% hquidsting commissio ners, who
shall remain In Office until the affairs
Of the corporation are fully wound up. |
The capital stock Of this corporation |
may be increased or decreased by com.
plying with the provisions Of Act No.
l49 Of the General Assembly Of this
State, or such other laws % are now
Or may hereafter be In force relative
10 increasing or decreasing the capital
stock OF corporations.
ARTIOLEVu.
No stockholder OF this CORPORATION
hall ever be nable or responsible tor
he contracts OF faults thereof, In any
Further sum than the unpaid balance
1ue the corporation on the shares or
hare Of stock subscribed for or owned
" him, nor shall any informality In
he organisation OF this corporation
rave the effect OF rendering this char
er null, OF Of exposing . stockholderl
o any further liability, beyond the
unpaid balance, II any on his stock,
he subscription to this charter shall
erve - IN original subscription list.
Thus done and passed 1t my notar-
d once in Bogsluss, Warrington
,arish, Louisiana, on this 28rd day Of
april, 1912, In the presence Of Robt.
!. Noble and ]. II. Hobgood. two
egal Witnesses, residents Of this
'arish, who hereunto sign their
lames, together with said sppearers
nd me, Notary, after due reading Of
he whole.
Witnesses
ROBT. s. NOBLE.
]. 81. HOB0OOD.
Subscribers-
A. T. 91BlEY. 90. 10 shares.
f. L. SIBLEY. =. 10 shares.
g. W. SlBLEY H.. 10 shares.
> g. ELLIS OFT,
Notary Public.
/, n. A. Thigpen, tho undersigned
Jerk and ex-odicio Recorder Of
[ortgsges In and for Washington
sr1sh, Louisiana, do hereby certify
ut the original of the above and
.regoing oct Of incorporation OF
Bogalusa Grain Company" was re-
,rded in Mortgage Book 10, page
~ Of tho Mortgage Records Of
Iashington parish, Louisiana. on the
tn day Of April, 1919.
n. A. THIGpEN.
(sEAL| Clerk Of Court and
ex.Ofdcio Recorder.
A true copy.
@. ELLIS OFT,
(sEAL) Notary Public,