The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-12-12

~ o0VNNkAVASVA
All elections shall be by ballot. Each
stockholder shall be entitled to one
vote for each share of stock registered
In his name, which may be voted in
person or by written proxy and ma
jority of the votes cast shall elect such
person or persons for whom they are
cast.
The Board of Directors shall at its
first meeting after its election out of
its own number electa President, 3
Vice-Presldent, and q Secretary
Treasurer. Any vacancy on..the Board
of Directors shall be filed by the re.
naming Directors for the unex pired
term.
The first Board OF Directors for this
corporation shall be composed of E.
c. Scott, P, E. Greonlaw, and A. NJ.
Finley, of Whom E. C. Sect shall be
President, P. E. Greenlaw Vice.Presi-
dent A. M. Finley, Sec'y-Treasurer
all OF whom shall serve until their
successors shall have been elected and
qualified.
ARTICLE VII.
The Charter may be amended or the
capital stock increased or decreased,
or the corporation may be dissolved,
at q general meeting of the stockhold.
ers convened for those purposes, with
the assent of three-fourths Of the
stock present or represented at such
meetings, thirty (3o) days prior no.
tice of such meeting having been given
by publication in 9 weekly newspaper
published at Franklinton, Washington
Parish, Louisiana, and q written
notice thereof mailed to ench stock
holder at his usual place of business
thirty 1901 days prior to such meeting.
In case of the dissolution of this COR
poration, either by limitation or other
wise, its affairs shall be liquidated by
two commissioners elected from among
the stockholders called for that pur-
pose.
ARTICLE VIII.
No stakeholder of this corporation
shall ever be liable or responsible for
the contracts or failure thereof in any
further sum than the unpaid balance
due said corporation on shares of
stock subscribed for and owned by
the stakeholder; nor shall any infor.
mality In the organization of this cor.
poratlon have the effect Of rendering
the Charter null or exposing q stock
holder to any further liability than the
unpaid balance due on his stock. sub.
Each stakeholder designstes opposite
his name the stock subscribed for by
him, and this Charter shall serve as
the original subscription list.
Thus done and passed ct my Office
In the Town Of Franklinton, Washing
ton Parish, State Of Louisiana, on the
day, month and year first above writ
ten. and In the presence F. B. Powell
and Magee W. Oott, competent wit.
nesses, residing In said Parish and
State, who have signed these presents,
together with said appesrers and me,
said Notary, after due reading.
E. O. SCOTT. ........ is shares.
P. E. GREENLAW. ID. is shares.
a. AAs = AANAW 00OAoA
Witnesses:
F. b, POWELL,
NAGEE w. Orr.
. DEL0s r. JOHNSON,
Notary Public.
State Of Louisiana,
Parish of Washington:
I, NJ. A. Thigpen, clerk Of court and
OK. odicio recorder, hereby certify that
the above and foregoing charter was
duly filed for record on November 3,
1912, and on said date was recorded In
Mortsge record No. 0,psge 724 ct seq.
Of the official Records Of Washington
Parish, Louisiana.
~ Witness whereof my official sigma.
ture and seal Of Office this Sid day Of
december 1919.
NJ. A. Thigpen, Clerk Of Court
and EX.O61cio Recorder.