The Era-leader. [volume] (Franklinton, La.) 1910-current, 1913-02-27
ton at Franklinton, Parish of Wash

after the stockholders shall hold a
meeting annually on the First Monday !
of January o each year at the office OF
said corporation, and elect q Board
of Directors. Said Board of Direc-
tors elected at any such meetings
shall serve until their successors have
been elected and qualified. All off, !
GERS shall be elected from among the
Board of Directors and no person
shall he eligible as Director who is
not a stakeholder of this corporation.
During the absence of the President.
the Vice-President shall act and pre-
side in his stead. Notice of stock
holders meetings shall be given in
writing by mail addressed to each
stockholder at his usual place OF
business, ten days prior to the date OF
such meeting and the Board OF Direc'
tors shall appoint one of their num-
Der to preside over such stockholders
meetings whenever Board OF Direc'
tors is to be elected. and on failure
of such Director to attend, the Presi'
dent shall appoint a stakeholder to
fill the vacancy. All elections shall
be by ballot. Each stakeholder shall
be entitled to one vote for each share
OF stock registered in his name, which
may be voted in person or by written
proxy, and majority of the votes
cast shall elect such person or per-
sons for whom they are cast.
The Board of Directors shall at its
first meeting after its election out OF
its own number elect President, and
q Vice President, and a Secretary
Treasurer. Any vacancy ON the
Board of Directors shall be filled by
the remaining Directors for the un-
expired term.
The first Board of Directors for this
corporation shall be composed OF E.
l.. Magee, T. ]. Magee, and Joe NJ
Magee, Of whom E. l.. Magee shall be
President, T. J. Magee, Vice'Presi'
dent. and Joe N. Msgee, Secretary
Treasurer, all of whom shall serve un-
til their successors shall have been
elected and qualified.
ARTICLE VII.
The Charter may be amended or the
capital stock increased or decreased,
or incorporation may be dissolved
at q general meeting of the stockhold-
ers convened for that purpose. with
he assent of three-fourths OF the stock
present or represented at such meet
ings, thirty 1907 days prior notice OF
such meeting having been given by
publication in q weekly newspaper
published at Franklinton, Washing
ton Parish, Louisiana, and a written
notice thereof mailed to each stock
holder at his usual place of business
thirty 1907 days prior to such meeting.
In case OF the dissolution ofthis cor"
poration, either by limitation or
otherwise, ifs affairs shall be liqui-
dated by two commissioners elected
from among the stockholders called
for that purpose.
ARTICLE VIII.
No stakeholder of this corporation
shall ever be- liable for the contracts
or failure thereof in any further sum
9hsn the unpaid balance due said COR
poration on shares of stock subsrib'
ed for and owned by stockholders;
nor shall any informslity in the or
ganization have the effect of rendering
the Charter null or exposing stock
holder to any further liability than
the unpaid balance due on his stock.
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 Frsnklinton, Washing
ton Parish. State OF Louisiana. on
the day, month, and year arst above
written and in the presence OF Magee
W. OFT and J. s. Brock Jr., competent
witnesses, residing in said Parish,
and State, who have signed these
presents, together with said appearers
and me, said Notary, after due reac'
ing.
Ell. MAFEE. so shares
T. j. MAGEE. .......1 share.
by E. l.. MAGEE
Power of Attorney.
JOE N. MAGEE. 80. so shares.
Witnesses:
NJ. W. OFT,
J. S. Brock Jr.
DEI,os R. JOHNSON,
N2x~~., D,,h1;o