The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1913-03-29

L. E. Duke, H. Vernon Sims, with r. N,
Sims as president, Fl. Vernon Sims as
vice president, and ]. Rumsey Duke
as secretary treasurer.
No person shall be eligible as a di-
rector or officer who is not q stock
holder. The above board of directors
and officers shall continue in office
until the second Tuesday of March, 1914,
on which: day and annually thereafter a
board of five directors shall be select
ed on the second Tuesday of March of
each year, unless the said day should
be a legal holiday, in which case the
election will be held the day following.
Notice of such election shall be given to
each stakeholder by mailing a notice at
his last known place of residence. at
least. ten days preceding such meeting,
provided an acknowledgment of such
notice shall be sufficient, which acknoWl-
edgment shall be spread upon the min
utes Of the board. The stockholders
shall appoint one or more stockholders
to preside as commissioners at such
election, and if for any reason an cleo
ton is not held on the day appointed.
the same officers shall hold over and
the president shall at once call another
meeting to elect as provided herein.
At said meeting each stakeholder shall
be entitled to one vote for each share
Of stock held by him, and may vote by
proxy. The manner of conducting the
election shall be decided upon by the
stockholders, and q majority in num-
Der voting at such election shall decide.
After the election of directors as here
in provided, the board shall elect from
among their number president, a vice
president and a secretary treasurer.
ARTICLE VI.
The board of directors shall have full
power to fill vacancies in their number
caused by resignation, death or other
wise, from among the stockholders of
the corporation The said board shall
nave full control of the property of
the said corporation and shall so con-
duct, manage and use the same as in
their discretion they may deem for the
best interests of the corporation, and
not inconsistent with law or this char
ter. The said board shall have full
power to adopt bylaws and rules TO
regulate the conduct of the business Of
the corporation, provided same does not
conflict with this charter or law The
said board shall appoint such officers,
agents and employees of the company
as ma yAbe necessary for conducting its
BUSINESS and shall fix their salaries,
term OBJ service, etc.
ARTICLE VII.
The charter may be changed fnodi-
fled or amended, or this corporation may
be dissolved, at a general meeting Of
the stockholders held for that purpose.
with the assent of three-fourths Of the
entire capital stock, whether present
or represented at said meeting Ten
days notice of such meeting shall be
given as provided in Article s of this
charter In case of the termination of
this corporation either by limitation or
otherwise, the liquidation of its affairs
shaI be conducted by three members
of the board of directors as liauidating
who shall remain in of
flee until its affairs are fully wound
up The capital stock of this cornera-4
ton may be increased or decreased by
complying with the provisions Of Act
No. 145 Of 1898, or the laws in force
at that time relative to such increase
or decrease. |
ARTICLE VIII.
NO stockholder of this corporation
shall ever be held liable for the con-
tracts of faults thereof in any further
sum than the unpaid balance due the |
corporation on the shares of stock sub |
Scrip Tor and owned by him, nor
ton of this corporation have the effect |
Of rendering this charter null or of |
exposing any stakeholder to any great !
T. a. napil1ty than for the unpaid balance
set opposite their respective names the
amount OF shares subscribed by each.
;crpton list 49,
n the town of Donaldsonville, Louisiana.
N the day and date first hereinaboye
IN the presence of R. Melan-
.oi1,r and Geo; e. Richard, lawful ard
ne parties and me, notary, have here
INTO afllXed our signatures after read
ng the whole.
Subscribers. M ~ eboros.
/ n ls SIM SUMS e........, Twelve
~ .''.'. one
= -. - = - =. twelve
Fer J. Rumsey Duke
:. RUMSEY DUKE 1--WE
J. GQETTE w.
VITA d. SIMS. .... One
B. J. VEGA,
yrf+no..aa. Notary Public.
r. MELANCON.
GEO. II. RICHARD.
State of Louisiana, Parish of Ascen-
lon-i do hereby certify the above and
Q ss2 to be duly recorded in Book |
t seq. 90
In faith whereof. witness my hand and
cal OF office, at Dona1dsonyille, La.
his oth day of March, 1913.
J. I'D. FERNANDEZ.
Deputy Clerk and Recorder.
A true copy.
j. Ed. FERNANDEZ.
Deputy Clerk and Recorder. II