The Era-leader. [volume] (Franklinton, La.) 1910-current, 1913-02-20

Johnson. J. K, Franklinton. Lac. u
Johnson. D. r.. Franklinton. La. I'll
Johnson. A. j.. Frankhnton. La..'' III
Knight, George G., Pine La'...'... iii
knight, J. W., Pine. La. ...... I'll
Knight, NJ. r., Sheridan. La. ....... Eli
Knight, Mrs. Leah. Sheridan. La. I'll
Fricke, ST., A., Fricke, La. 1900. II
Transfers Of stock. OF this corpora.
ton shall be made only upon the DOCKS
Of the corporation by the stoekhoidsrs
in person or by written proxy under
such regulations az the Board OF d.
rectors may present. prescribe; ~
All the corporate powers OF THIS cor.
poration shall be vested IN 49,. a b hn1t
ers, three fourths Of whom shall be cit
liens of this State The Board OF Direct
ors may appoint from its members sucn
committees as 1t may deem necessary
and vest such committees T,n he any
board Is not in session and subject to |
any regulations that the board may see
proper to impose. The Board OF Dtrcc.
tors shall prescribe how many OF 1ts
members shall constitute q quorum OF
thereof. and it shall make such by
laws for its government not tncon-
sistent. with the law or the provtstons
thereof. The Board Of Directors shall
have authority to fill all vacancies ex.
listing In their own number, or IN any
other office. from any cause S whatever H:
for the unexpected term Of said board. |
Until the first election Of direc'
tors, to be held under the PROVISIONS
Of this Charter on the second Monday
Of July, 1919: the following shall .no. con.
Robert Darlington. D. E. Branch, J. s.
Brock, Jr.. F: M. Brown, S: H: Burris.
". J. Jones. E. L. Magee, H. B. Magee.
r. J. Simmons. NJ. A. Thtgpen. J; =
Wood Franklinton, La; W. p Bick.
ham. Hackley. La; W. P. Bulloch. J.
z zy cq Ta George 9. Knight Sheridan
La; Caz Talley. Rio. La. and H: ..
Na9ee shall be President and J. s
Brock, Jr., First Vice. Presidents; F: n
Brown, Second Vice-President, and s.
H. Burris. Third vice.President. ....
On the second Monday IN July, lsls:
for seventeen directors. possessing. the
qualifications required By law. shall be
held at the banking house after. ten
days previous notice shall have been
given to the stockholders addressed to
their last-known place OF residence nce;,i ~.
| the majority Of the votes cast at such
| election shall be duly elected, and shall
cemain in office until their successors
shall have been elected ana qaalified
All elections shalt be by ballot and
shall be held under the snp sss,s,o9 S .,
the Board Of Directors from among the
stockholders.
The failure from any cause TO elect
directors on the date stipulated shall
not dissolve this corporation. and the
shall hold office until their successors
shall have been elected and qualified.
IN the event OF failure to hold an cleo.
ton on the date stipulated the Preai.
dent shall call an election TO be held
giving the notice hereinabove provided
The Board Of Directors at the first
meeting after its election shall select
rom among Its members President
md one or mere yice:Pre "a *n 10
said Board %S,r 0' and It shall Ia" sppoint
Cashier and such other officers and
employees as 1t shalt see tit: and It
nay dismiss the said Cashier and such
other officers and employees ct pleas.
oow WEE s snd aS 1 s'' to- define tse
iuties Of all, officers and employees,
Tx their compensation and require
from them bonds for the faithful per.
Torrance Of their duties ana fix the
penalty thereof. At all meeting: q the
stockholder shall be entitled. directly
" by written proxy. to one vote for
ZACH share Of stock held by him. pro-
vided that the person or persons Of.
of stocR resi:tered q" on Il The BOOKS Of
this corporation in his or their names.
respectively. for thirty days prior TO
the day Of said xotine:
ARTICLE v.
The capital stock Of TIL. s.
Charter or any article thereof may be
modified, amended, changed or altered
by a two-thirds vote Of the capital
stock at general meeting. Of the
stockholders Of this corporation held
10" and by % %Rri e 2Eo VI BY law
This corporation may be Dissolved by
/, vote Of three-fourths of the. stock
present or represented and voting at
general meeting OF the stockholders
;ectors on its own motion Or the writ.
'en request OF the majority Of the
: l stockholders after notices published
,nce a week for thirty days In . news.
; PAPER in the Parish OF Washington
Z tate 9f Louisiana; and written notice:
: % every stockholder at his last-knowt,
! address thirty days previous to said
u Upon the dissolution Of this corpora
? ? zion by the action Of the stockholders.
= IS aforesaid. Its affairs shall be liQui.
: lated by three commissioners appoint.
I'd by the majority Of the stock pres.
mt, or represented, and voting at such
General meeting. and the said com.
missioners shall be solvent persons in
9 1owise indebted to the Bank or credi.
: tors thereof. The time. the manner OF
! liquidation. the compensation and pow.
:, I RS Of the commissioners and all other
: matter pertaining to the liquidation Of
) the affairs Of this corporation shall be
I fixed and determined 40 the majority
and voting at such general meeting
may decide.
Il Whenever this corporation may be
: dissolved BY limitation its affairs shall
: be liqudated by three commissioners
: possessing the same qualifications ae
: fhereinbefore provided. appointed by 3
| majority Of the stock present. or rep
: l "esented. and voting at q general meet
II ng Of the stockholders convened BY
9 he Board Of Directors In the manner
g 1ereinbefore provided, and such COM
nisstoners shall have such powers a
may be conferred upon them.
Fl ARTICLE VII.
4 No stockholder shalt ever be held
i! liable for the contracts faults or de-
= faults Of this corporation In any fur
! Their sum than the unpaid balance due
! on the shares OF stock owned by him;
: nor shall any informality in the or.
; rrnizatfon Of this corporation have the
Z effect Of rendering this Charter null
Z or the exposing OF stockholder to any