The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1913-08-09

the vlce-presldent shall act ard preside.
Said board shall continue in office unit
the first Tuesday In January, 1915. a
which date, and thereafter, annually
{ board OF directors shall be elected on tn
first Tuesday Of January Of each year, I'm
less the same should be holiday. then tn
election shall be held on the next legal dal
thereafter.
Written notice Of such election address
ed to each stakeholder at his last known
post office address shall be given at leas
ten CO) days prior to said meeting; anc
the board Of directors shall appoint one
or more stockholders to preside at such
election as commissioners. In the even
of the failure OF any commissioner or com
missioners to attend. the president shall
by appointment, Ill the vacancy. Any
failure from any cause whatever to elect
directors on the day named for that pur'
pose shall not dissolve the corporation;
but the directors then in office, as well a.
the officers OF said company, shall hold
over until their successors are chosen
In such event the president shall cause
another election to be held within thirty
| (3O) days, and shall give notice thereof as
| hereinaboye provided.
At every election and meeting each
stakeholder shall be entitled to vote for
| each share of stock registered in his
name and may 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
| to be counted for one vote. shall elect the
| person or persons for whom they have
| been cast.
| After each election the board OF direct
ors shall elect from their own number the
officers OF said company.
The officers Of this company shall be
PRESIDENT, VICE-PRESIDENT. a
SECRETARY and TREASURER. The
l~fE ~ atarr .,,,I -
held by one person.
ARTICLE V.
The board Of directors shall have full
power to fill vacancies in their number,
caused by death, resignation or otherwise,
from among the stockholders OF the COR
poratiOn.
The said board shall have full control OF
the property Of this company and shall so
conduct, manage and use same as in their
discretion they deem fit, and that is con-
sstent with the objects Of this company or
the welfare OF the same, with the authOri-
ty to frame and adopt such bylaws, rules
and regulations as they may deem neces.
sary 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 vi.
No stakeholder shall ever be held liable
or responsible for the contracts or faults
OF this corporation in any further sum
than the unpaid balance due to the com
pany on the shares owned by him; nor shall
any mere informality in the organization
of this company have the effect of render
ing its 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 form pro-
vided for by the Constitution and laws of
the State of Louisiana.
This charter may be changed. modified
or amended, or this corporation may be
dissolved at a general meeting of the
stockholders convened for the purpose
with the assent Of three-fourths (3.4) Of
the stock represented at such meeting, af.
ter thirty days notice shall have been
given Of such meeting by advertisement
in one Of the newspapers published in the
Town OF Franklin, Parish of st. Mary, (
Louisiana.
ARTICLE VIII.
In case OF dissolution or termination of
this corporation, either by limitation ofits |
charter or from any other cause, the liqui: |
dation If its affairs shall be conducted by |
three t3) commissioners selected from the |
stockholders at a general meeting OF stock. |
holders, convened after thirty days notice
shall nave been given, as above provided |
in Article VII.
Said commissioners shall remain in office
until the ahairs of said corporation shall
have been fully liquidated.
In case of the death Of one or more of
SAID commissioners the survivors or sur,
vlvOr shall continue to act.
The subscribers hereto have written on.
poslte their names the number of shares
for, so that this act may serve
as the original subscription list
mus done and passed at Franklin, Par.
ish OF st. Mary. Louisiana, in the presence
OF Miss Lola Jones and Charles +. Borah,
two competent witnesses of lawful age,
and residents Of the Parish OF St. Mary,
LOUISIANA, who hereunto subscribed their
names. together with said parties and me.
Notary, on this Both day June, A. D.. 1918,
- No. shares.
WILSON I. PETERUAN 30
IHARLES $. LAITVE Is
MRS. NJ. N BODIN ;.
RENE H. HIMEL,
WITNESSES; No'afy ruohc'
l.. JONES,
CHARLES F. BORAH.
Received and filed for recordatiou July
J, 1918, 1l:W q. m.
W. H. KRAMER, Clerk.
STATE OF LOUISIANA,
PARISH OF ST. MARY,
l.. Wilbur h. Kramer, Clerk and ex.
fflcio Recorder of Mortgages in and for
ne Parish OF st. Mary, Louisiana do
ereoy certify that abe above and fore
oihg Is q true and correct copy az tho
'aSrter: OF Act OF Incorporation. of the
AMUSEMENT co, and
nat the original Of said Act of Incor 1"u
ation is registered and record al in tho
lortgage ONCE OF st. Mary Parj sh. Louisi.
"a, In Book 81, Number 37227 :
witness my hand and the. impress Of
y omGiai seal at Franklin, ST. Mary
,l3. Jay Oh Juiy'
lSlgned) WILBUR II. KRAMEp
lGrk and ex. otiicio Recoy der for St. Mary