The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1912-06-29
his or her shares until paid.

his or her shares until paid.
All fees of attorneys, aotaries, recorders, re-
pisters and all expenses incurred in making or
cancelIing loans, shall be paid by the respec-
tive borrowers.
The Board of Dire ctors may make such rules
and regulations or bylaws to govern or advan-
ces on stock as they may see proper. provided
they do not conflict with this article.
ARTICLE VII.
ANY shareholder who has received a loan or
advance upon his share desiring to settle and
liauidate such Indebtedness prior to the matu-
rity OF the loan may do 50 either in part or in
whole under the condition and proportion pro-
v,ded Tor withdrawals, shares. and their value
credited in part payment OF said Indebtedness.
Any part payment under this article shall be
credited upon the borrowers note in the sum Of
Que Hundred Dollars Tor each share redeemed
iron. pledge, anu thereafter 1.terest snail be
paid only on the Reminder of SAID note; and II
desired the mort gage bearing upon the property
shall De reduced proportionateiy.
AhllCLE VAIL
Shareholders not having pledged their shares
to the Association; who owe nothing upon their
shaies may Withdraw from Tie association by
g,y,ug Sv Gays nouce III wrIung To the Secretary,
When said cildftuOlucr, On cuAioAuch u NO Ccf-
tlncale, shall he refunded ali ths payments
account vi weekly instainents On shares made
", nInl, iess any unpaid nnes or Charges anu
prurala OF the current year losses II any up "
the ,ale vi SAID uotlce Each written notice VI
withdrawal snail numbered and registered
W me SecreLar. la The otuer vi their receipts
ana Withdrawing shareholders snaii be PAD Ia
ro,atlon dc Registered vut vi The uuapprOprlated
moneys III the tfeasar,.
On The death or any stakeholder, whose share
Is not pledged the ASSOCIATION, has or her le-
gl representative shall De entiLied ~ receive
cash ,ne withdrawal value of The share AT the
lIme "a the iast pay ment maue ny such deceased
| snareheiuer, Or saIu representative shall be en-
,IIe,i either transfer siiu siiiee u others, or
| 10 continue the same " pa! hient vi The weekly
ius,;,.i.ieAts; pIosiueu mat said SHARES w ie-
deemed transferred or, notice gwen VI con-
| unuelng Al, w4tnin Elk months Hext following
sucn ueatii, ue iauit u. action witnin that
| ume SAID share anu all accumuiations thereof
shall cease participate Ia The prOhts without
lui ,icr notice anu slaii We paya ~ the iygai
repr. sentative oI lhe uece,seu oU uays atter ai-
| pi.cs,,ivu.
ARTICLE TX.
| NO shares shall be Transferred except Oh the
pooAs vi the ASSOCIATION, ia tue piesence OF The
SECRETARY upon ,ie SURRENDER The certincaus
IieseIO,, provided siir> In arrears can w
lrauslsileu. anu iIie person " whom The shares
are transferred shall accept tho I,-iaws In like
manner . amy original niemDer. For each share
50 SURRENDERED there snail lie paid ID cts To The
| Secretary W he credIted the Association.
| ANyiCLE n.
cvns eneu ID the request wrlung Of SHARE
hoiLers, stating time aud object vi such meet
| ing.
| ARTICLE Al.
no shareholder be heid liable Or re-
| spousiple Tor lie contracts or iauits vi the 40
ISOLATION in any further sum than the amount
vi has Indebtedness 10 The association; NOR shall
any mere informally Ia the organization have
the effect oi rendering lhis act nun, exposing
u shareholder amy liability beyond the amount
"a ms her shares.
ARTICLE XII.
Ihls act ot Incorporation be altered.
amended and modIned BY vote OF three iourtns
of the capital subscribed, present Or represented
at "a general meeting convened Tor that purpose,
or the Association dissolved Dy vote vi two
thirds of the capital subscribed. at general
meeting convened for that purpose alter ten
days notice by the Secretary, by mailing same.
provided that the capital shall not increased
; unless a majority of the shares represented at
special shareholders meeting convened for such
purpose shall vote in favor of such he increase.
nor until such notice be given and such publ
cation be made and such formalIIies complied
with . may be required by law.
In faith whereof said appearers have signed
/ their names together with Messrs ID. Bronssard
and Locke Pellerin competent witnesses and
me Notary, ON the date first above written, in
the town of Breaux Bridge, Louisiana after due
reading hereof.
JOS. w. BEGNAUD, President.
&C. REEFS, Secretrry.
Witnesses: ID. BROUSSARD
LOCKE PELIAERIN.
p. l.. BEGNAUD. Notary Public.
! There is no real need Of anyone being
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movement Of tine bowels without any un.
pleasant effect. Give them a trial. For
L. hx,.. 4 80,