The Era-leader. [volume] (Franklinton, La.) 1910-current, 1913-01-02

lent: and q Secretary Treasurer.
Two (2) ofsaid Board shall constitute
} quorum for the transaction OF busi-
less and their decisions shall be valid.
corporate acts.
ARTICLE VI.
The first election OF the Board of
Directors under this Charter shall be
1t a meeting OF the stockholders to be
,eld on the First Monday OF December
1913, at the Office of the corporation at
Franklinton, Parish OF Washington,
State of Louisiana. and thereafter
The stockholders shall hold a meeting
on the First Monday of Dec
pmber of each year at the office of said
and elect a Board OF
Directors. Said Board OF Directors
elected at any such meetings shall
serve until their successors have been
elected and qualified. All officers shall
he elected from among the Board OF
Directors and no person shall be
eligible as a Director who is not q
of this corporation. Dur
ing the absence of the President, the
Vice resident shall act and preside
in his stead. Notice Of stockholders
meetings shall be given in writing by
mail addressed to each stakeholder at
bis usual place of business, ten 10Y
days prior to the date OF such meeting
and the Board of Directors shall ap'
point one of their number to preside
over such stockholders meetings
whenever Board of Directors is to be
and on failure OF such Dlrec'
tor to attend. the President shall ap'
point a stakeholder to fill the vacancy.
All elections shall be by ballot. Each
stakeholder shall he entitled to one
vote for each share of stock registered
in his name, which may be voted IN
person or by written proxy and q 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 elect q President, q
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 shalt be composed Of E.
G.. Scott, P. E. Greonlaw, and A. NJ.
Finley, of Whom e. G. Sect shall be
p. E. Greenlaw Vice-Presi-
dent A. NJ. Finley, Sec'y-Tressurer
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 a general meeting ofthe stockhold.
ers convened for those purposes, with
the assent of three-fourths of the
stock present or represented at such
meetings, thirt y (30) days prior no.
tice of such meeting having been given
by publication in q weekly newspaper
published at Franklinton, Washington
Parish, Louisiana, and 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, eitherby 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
poration have the effect Of rendering
the Charter null or exposing Z stock.
holder to any further liability than the
unpaid balance due on his stock. SUBJ
Each stakeholder designates opposite
his name the stock subscribed for by
him, and this Charter shall serve as
the original subscription list.
Thus done and passed at my Office
in the Town Of Frankiinton, 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 appearers and me.
said Notary, after due reading.
E. G. SCOTT. ....... is shares.
T. e. GREENLAW. is shares.
A, N. FINLEY. 5000. share,
Witnesses:
F. =, POWELL,
MAGEE w. Orr. q
DELos r. JOHNSON,
Notary Public.
State of Louisiana,
Parish Of Washington:
I, NJ. A. Thigpen, clerk OF court and
ex.oflcio 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
Mortage record No. Il, page 724 ct seq.
Of the official Records Of Washington
Parish, Louisiana.
Witness whereof my official sigma
lure and seal Of Office this .8,d day Of
December 1912.