The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1913-09-27

shall commence doing business as soon
as Two Thousand $4,000 dollars
of the capital stock shall have been sub
scribed. The Directors shall have the
right to determine how much additional
stock shall be issued.
ARTICLEIV.
The corporate powers of this company
shall be vested in and exercised by
Board of Eve Directors. three of whom
shall constitute quorum for the transac
tiOn of business and their decision shall
be valid corporate acts. There shall be
elected from these President and Sc
cretary and Treasurer; the Board of Di-
rectOrs shall be elected on the 2nd Mon
day of May Of each year. Until the cleo.
ton of 1914 the following persons shall
constitute the first Board Of Directors:
DIR. Geo. X de Laursal. DIR. Geo ]. Saba
tier. Rev. j. ROgust. X. Martin. L. v.
Liable. and until such time Geo. r. de
Laureal, n. D. shall be President and R.
Martin. the Secretary and Treasurer. At
every election and meeting Of stock.
holders. each stakeholder shall b. emit.
tied to one vote for each share of stock
registered in his hame and may vote by
proxy.
ARTlCLEV.
The Board of Directors shall have
power to fill vacancies in their number,
caused by death, resignation or other.
wise from among the stockholders of
the corporation. The said Board shall
have full control Of the property of this
Company and shall so conduct, manage
and use the same in their discretion
they deem tit and that is consistent with
the objects Of this Company of the vel.
fare Of the same. 1t NAV adopt such
rules aud regulations as the affairs Of
the corporation may require. employ
such servants, clerks, or other agents as
it may appear desirable; to fix and d.
termine the salary of officers and other
employees herein provided for.
ARTICLE vi.
This Charter may be changed Or amen.
ded. the stock increased Or decreased, or
the corporation dissolved. at q general
meeting of stockholders convened for
the purpose, with the assent OF three
fourths Of the entire stock issued, whe-
Their present or represented at such meet.
ing. Thirty days IriOr notice of such
meeting shall ~ given in q newspaper
published III this city. Notice shall like.
wise be given in writing. In cass oil
dissolution Of this corporation, the IL
quotation Of its affairs shall be cOnduc-
ted by three commissioners. selected
from among the stockholders at meet.
ing called for that purpose, a. above se
forth in this Article. Said Commission
ers shall remain in office until the fna
liquidation.
la case OF death of one or more Of sucl
commissioners the survivor or survivor.
shall continue to act.
ARTICLE VII.
, No Stockholders Of this corporation
shall bs held liable for the contracts o.
faults thereof i'll any further sum thai
{ tue unpaid balance due the Company OF
the shares Of stock subscribed for o.
owned by him. nor shall any informali
ty in organization have the effect o
= rendering this Charter null Ut of ex
posing stakeholder to any liabilities
beyond the unpaid balance. If any, of hi
stock.
Thus done and passed at my office OF
, this day, month and year az above writ
ten. in the presence Of A. P. Bisnvenv
3 and Nj. pucrest, competent witnesses O
= lawful age and residents Of this city
: who hereunto sigu their names togethe
!, with said parties, and me, Notary. sfte
= due reading Of the whole.
( Subscribers:
l G. X. do Laureal
! P. R. Burke
| L. Y. Liable