The Era-leader. [volume] (Franklinton, La.) 1910-current, 1913-07-10
Toney IS viceplesident, and Lille l..
vr0nov ne SECRETARY. treasurer.

No person shall be eligible as
director or officer who is not stock.
holder. The above board of directors
and officers shall continue in office
until the on which
date and annually thereafter, a board
Of directors shall be elected on the
unless the said day
should be q legal holiday. in which
case the election shall be held the day
following. Notice OF such election
shall be given to each stakeholder by
mailing notice to each stakeholder at
his last known plac. Of residence at
least ten days proceeding such meet
ing provided an acknowledge of such
notice shall be sufficient, provided
such Acknowledgement is spread upon
the minutes of the board. II for any
reason an election is not held then
and in that event the officers of said
corporation shalt hold over but it shall
be the duty of the president to call
another meeting of the stockholders
for the purpose Of electing officers.
At said meeting each stockholder
shall be entitled to one vote for each
share Of stock held BY him. and may
vote by proxy. After the election of
directors the board shall elect from
among their numer president, q vice
president and q secretary treasurer.
ARTICLE vi.
The board of directors shall have
full power to fill vacancies in their
number caused by death, resignation
or otherwise from the stockholders Of
the corporation. The said board of
directors shall have power to adopt
bylaws and rules to regulate the con-
duct of the business of the company
and to appoint such agents, officers
and employees as nay lie necessary
for the proper management OF its busi-
ness and shall fix their salaries, term
of service etc.
ARTICLEVII.
This charter may be changed, modi-
fled or amended, or this corporation
may lie dissolved at q meeting of the
stockholders held for that purpose,
with the assent Of three.f0urths of the
capital stock whether present or rep.
resented at such meeting. Ten days
notice Of such meeting shall be given
as provided in Art. v of this charter.
In case OF the termination Of this COR
poration, either by the limitation or
otherwise, thel;quidation Gifts affairs
shall be conducted by the three mem.
bers of the board of directors. Is
liquidsting commissioners, who shall
remain In Office until its affairs are
fully wound up. The capitol stock OF
this corporation may increase or de-
crease by complying with the provi'
sions of Act. l45 of 1898 or such laws
as may be in force ut the time.
ARTICLE VIII.
No stockholdtr Of this corporation
shall ever be held liable for the con.
tracts or faults thereof in any further
sum than the unpaid balance due the
corporation on the shares Of stock
subscribed for or owned by him, nor
shall any informality in the organize
ton bsve the effect of rendering this
charter null, or of exposing any
stakeholder to sny greater liability
than for the uupsid balance due on
his stock.
This done and executed in the Par.
ish Of Washington. State of Louisiana
on this July It'll, 1913. in the presence
of ]. w. simmons and w. F. Sim
mons both competent witnesses who
hereunto sign their names Is such
with the parties to this cantrsct and
Notary, after due readlnX of the whole |
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