The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1913-08-02

,,h;, H. :" - - snrnuaII,, =
boat. If din, 1Irs shall no eiected on the
first v,n.'i.,y Ion1 ~ ~ nach yaar
Iexs ~. .ers,s ..LonId No . holiday than the
..lnr.Inc .sail,. MA IN ~ neyi leraI d,v
fbereafser.
| Wr't-on ,,o,,,.o Of suct eIection addrass-
ed "a aach .tnrl boidar a. hi. last known
! l,,,.r.ot,ica ,ddr n.S shall he given at lea 4
/ len (lOl ,,ays n rior Ia said meetino. and
( the b,ar,i IF firectors .halI annoini one
or ruorn atnckholder. Ia uraside If such
eIectiC,, a commissioners In the event
of tn. ~ ;Inre nf any commissioner or com
mis- s,aI.ers tn attend. the president shall
by >.DpOintmenI til the vacancy. ANY
a.lIlre from anv ,,i,.e Whatever 70 elect
;,1rectors on the day named for that pur-
1 nosp shall moi dissolve the corporation.
! but the directors then in Office. as well a,
the officer, of said company, shall hold
over until their Successors are chosen
In such event the president shall cause
| another election to he held within thirty
| f2Dl DAYS. and shall give notice thereof as
| hereiuaboye provided.
At every election aud meeting each
| storkholder shall he entitled to vote for
aarh share Of stock registered in hi.
uame and NAV vote by proxy.
The election of directors shall be by
ballot and the majority in amount OF
| votes cast, each share Of stock voted upon
| Ia he counted for one vote, Shall elect the
nerson or persons for whom they have
| heen east.
After each election the board of direct
ors shall elect from their own number the
otfrer, Of said company.
ma otticer, Of this companv shall he
pRESIDE\T. a VICE-PRESIDENT. a
SEIRETARY and a TREASURER. The
office, of secretary and Treasurer mly be
| held bv one person.
ARTICLEV.
| newer "a fiji vacancies in their number.
nponsod hy death restoration or otherwise.
| from, amono the stockholdsr, of the cor
| nor,tinn.
Tha s,id board shall have full control of
| tho nronertv OF this company and shall 40
| condnrt manage and use same a, in their
di.cre,ion tbey deem fit. and that is con-
| ,istent with the objects of this company or
| ,ha Welfare Of the sama. with the authori
| 10 m frame and adOpt such bylaws. rules
| ma raguiot,ons a, thew may deem nece..
s,rv for the conducting aud management
| thereof. provided. same shall not conflict
| With this charter or with the laws of this
| state or of the United States
ARTICLE
| No stakeholder shall ever be held liable
| ar rpsnonsible for the contracts or faults
| IT his CORPORATION in auy further sum
| than the unpaid balance due to the com
| many on the shares owned by him: nor shall
| any mere infOrmality in the organization
! Of this company have the effect Of render
| inc lts charter NULL or of exposing any
stakeholder to any liability beyond the
amount of his stock.
| ARTICLE VII.
The capital stock may be increased or
| decreased in the manner and Storm pro-
| yi1ed for by the Constitution and laws Of
| the state of Louisiana.
| This charter NAV be changed. modified
| or amended, or this corporation NAV be
dissolved at general meeting of the
| stockholders convened for the purpose
! with the assent of hree.fourths (3-4) Of
| the stock represented at such meeting, at
| ter thirty DAYS notice shall nave been
given of such meeting by advertisement
/ in one Of the newspapers published ia the
/ Town of Franklin, Parish OF St. Mary.
Louisiana.
| ARTICLE VIII
In case of dissolution or termination of
this corporation, either by limitation Gifts
charter or from any other cause, the liqui-
three three" tS y commissioners selected from the
stock holders at general meeting of stock
| holders. convened after thirty days notice
shall have been given, as above provided
! in Article VII
said commissioners sh all remain in Office
until the affairs of said corporation Sd al
have been fully iqudated.
| In case OF the death or one Or more OF
said commissioners the survivors or sur,
yivor shall continue to act
The subscribers hereto have written CD.
Io,itc their names the number of shares
| subscribed for. so that this act NAV serve
| as the original Subscription list.
Thus done and passed at Franklin, Par.
ish of ST. Mary, Louisiana, in the presence
of Miss Lola Jones and Charles r, Borah,
two competent witnesses OF lawful age
and residents OF the Parish of St, Mary.
Inuis;an, who harennto subscribed their
names. together with said partie. and me.
Notary. on this 3lth day June 4. d.. 1919
! No. shares.