St. Landry clarion. (Opelousas, La.) 1890-1921, 1913-03-15

proper and fix their respective duties
and compensation. The Board of Di-
rectors may also from time to time as
they e fit, name and appoint all such
other officers, and such agents, serv-
ants and employees as they deem nee
essary, and fix and define their pow
ers, duties and compensation.
The President and V~ice-President
shall be stockholders and members of
the Board Of Directors, but the Secre-
tary and the Treasurer and any other
officers elected or appointed need not
necessarily be either Directors or
stockholders, and one or more of their
Offices may be merged in n should
the Board of Directors e fit.
The Board of Directors shall be
and are hereby vested with full power
and authority to make all contracts,
purchases and sales, and to adopt all
Bylaws, rules and regulations for the
conduct of the business of the corpor-
alton, and to alter, amend and change
the same at pleasure, and in general
to do and perform all things neces-
sary in the transaction and manage
ment of the business and affairs of
the corporation.
At all meetings of the Board of Di-
r~ectors each Director, including the
President or presiding officer, shall
be entitled to one vote.
ARTICLE VIII.
The following named persons shall
constitute the first Board of Directors
and officers of the corporation under
this charter, and they shall hold their
offices until the annual meeting to be
Held in 1914, or until their successors
are elected and qualified, viz:
BOARD OF DIRECTORS: David
C. Rose, Jr., Mason Mcbride, and Ar
thur J.. Perrault;
OFFICERS: David G.. Rose, Jr.,
President; Arthur J.. Perrault, Vice
President; Mason Mcbride, Secretary
& Treasurer.
ARTICLE TX.
This act of Incorporation may be
modified, changed or altered, or said
corporation may be dissolved, with
the assent Of three-fourths of the
capital stock represented at a meet
ing of the stockholders convened for
such purpose in the manner provided
in Article VI hereof.
Any change made or proposed with
reference to the capital stock shall be
made in accordance with the laws of
this State on the subject OF altering
the capital stock Of corporations.
ARTICLE <
No stakeholder shall ever be held
liable for the faults, contracts or OBJ
legations of this corporation in any
further sum than the unpaid balance
If any, due to the corporation on the
shares subscribed for or owned by
him, nor shall any mere informality
in organization have the effect of
rendering this charter null or expos
beyond the unpaid balance due on his
stock.
ARTICLE XI.
Whenever this corporation shall be
dissolved either from limitation or
otherwise, its affairs shall be liquidat-
ed by three (3) commissioners, to be
elected by the stockholders at a meet
ing called for that purpose in the
manner provided for in Article VI of
this charter. The Commissioners
shall remain in office until the affairs
of the corporation shall be fully liqui-
dated, unless sooner removed by the
stockholders at a meeting duly con-
voked. In case of the death, resigna-
ton, removal or inability to act of
either or all of said Commissioners,
the vacancy or vacancies shall be fill
ed by election at a stockholders
meeting duly called, and pending the
election and qualification of the new
Commissioner or Commissioners, the
survivor or survivors shall continue
to act.
THUS DONE AND PASSED, at my
ONCE in the City of O~pelousas, st.
Landry Parish, Louisiana, on the day,
month and year first hereinabove
written, in the presence of Herbert
w. Callahan, and Robert Hart Littell,
two competent witnesses above the
age of fourteen years, residents OF
said parish, who have signed hereto
together with said subscribers and
me, notary, after due reading Of the
whole.
(Signed)
DAVID C. ROSE, JR.,
~ ATTTT