The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1912-07-06

and William J. Formento, with William F,
MiI u as President, William J. Formento.
Secretary Treasurer, all OF whom shall hold
once as such until the Second Tuesday in
marc March, lsl9. or until their successors shall
nave been duly elected and qualified
The President shall act in the capacity of
President and General Manager
on the Second Tuesday Of March, 1915. I'M
case, on the first succeeding judicial day and
annually thereafter, an election for directors
snail be held at the General Offices Of tho
CorporatIon, under the supervision OF two (2)
commi ssioners to be appointed by the stock
holders; the directors so elected shall i'm.
medately take their seats and hold Office
until their successors shall have been duly
elected and qualified. All vacancies in said
BOARD OF directors shall be filed by the re
manning Directors.
Notice Of election shall be given by the
Secretary-Treasure to each stakeholder ten
days previous to election, by written uOtce
mailed to his last known address, and by
tnree times in ten DAYS
All corporate elections shall be by ballot,
and majority of the stock present or re-.
presented, shall elect, and each share Of stock
snail be entitled to one vote, either in per
holders
ARTICLE VI.
Whenever this corporation is dissolved,
either by limitation of its Charter or for any
other cause, its affairs shall be iquidated By
| among the tockholders, convened for that
purpose. after thirty days prior written notice
OF such meeting shall have been given each
stockholder by the Secretary, mailed to his
| last known address, and by publication in one
or the local newspapers, three times in ten DAYS
SAID commissioners shall remain in office until
the affairs of the corporation shall have been
hquidated. In case of death of either, OF two
| of said commissioners, the survivor or survi.
vors shall continue to act
| me act OF Incorporation may be modified
or altered, Or this Corporation may be dis
solved. with the assent of three fourths
(34) OF the whole capital stock, present or re-
presented. at any general meeting of the
stockholders, convened for that purpose. after
thirty days prior written notice of such meet
ing has been given each stakeholder by the
| Secretary, mailed to his last known address,
and by publication in one of the local news.
papers five times se Curing = thirty MTty days
No stakeholder Of this Corporation shall
everbe held liable or responsible for the con.
tracts, or faults thereof. in any further sum
hs Sar Saao o%ns dai BY to 1rp sS.
any mere informality in organization have tho
effect of rendering this Charter null or of ex-
posing stakeholder to any liability beyond
| the unpaid amount of his stock.
Thus done and passed, in my NOtarial Office
at the City of New Orleans, in the presence Of
Messrs. Fernand F. Tesser and Archibald
Il. Wagner, competent witnesses OF lawful age
and residents of this city, who have horeunto
subscribed their names, together with the
SAID appearerS and me- Notary, after due read
ing of the whole.
| Original signed)
| W. +. Williams Two thousand nine hund
| red and ninety-three shares.
| L. w. Fitzwilliam, Two shares.
| L. w. Fitzwilliam, Trustee, Two shares.
| II. l.. Morton, Two shares
Warren D. Williams, One share
I per W. F. Williams
| Witnesses:
| F.F. Tessier,
| A. II. Wagner.
WIN. J. FoRMENro, Notary Public.
A true copy from the original
! W. j. FORAENTO, Notary Public.
Recorded in Book Of Mortgage No 60. Entry
No 3633s, Folio--, Franklin, La. May
3lst, 1912.