The weekly messenger., 1913-10-18

shall commence doing business as soon
as Two Thousand (S2.0OW dollars
OF the capital stock shall have been sub
scribed. The Directors shall have the
right to determine how much additional
stock shall bs issued.
ARTICLE
The corporate powers OF this company
shall he vested in and exercised by a
Board Of five Directors, three of whom
shall constitute quorum for the transac
tiOn OF business and their decision shall
be valid corporate acts. There shall be
elected from these President and Sc
cretary and Treasurer; the Board OF Di-
rectOrs shall be elected Oh the 2nd Mon
day of May Of each year. Until the elec-
ton OF 1914 the following persons shall
constitute the first Board of Directors:
Dr. Geo X. de Laureal, DIR. Geo j. Saba
tier. Rev. j. ROguet. X. Martin. l.. v.
Liable. and until such time Geo. R. de
Laureal. NJ. ID. shall be President and X.
Martin. the Secretary and Treasurer. At
every election and meeting of stock
holders. each stakeholder shall be enti.
tied to one vote for each share of stock
registered in his hame and may vote by
proxy.
ARTICLE
The Board of Directors shall have
power to ill vacancies in their number,
caused by death, resignation or other
wise from among the stockholders of
the corporation. The said Board shall
have full control of the property of this
company anu shall 50 Conduct, manage
aud use the same in their discretion
they deem tit and that is consistent with
the objects of this Company Of the well
fare of the same. 1t may adopt such
rules and regulations as the affairs of
the corporation may require, employ
such servants, clerks, or other agents as
1t may appear desirable; to fix and DE-
termlne the salary Of officers and other
employees herein provided for. .
ARTICLE vi.
This Charter may be changed or amen
ded, the stock Increased or decreased. or
The corporation dissolved. at q general
meeting Of stockholders convened for
The purpose, with The assent Of three
fOurths of the entire stock issued, whe-
ther present or represented at such meet
ing. Thirty days prior notice of such
meeting shall be given in a newspaper
published ih this city. Notice shall like.
wise be given III writing. In case of
dissolution of this corporation, the Ii
quotation of its affairs shall be conduc-
ted by three commissioners. selected
from among the stockholders at a meet
ing called tsr that purpose, as above set
forth IN this Article. Said Commission
ers shall remain i'll office until the final
liquidation.
In case o; death of one or more Of such
commissioners the survivor or survivors
shall continue to act.
ARTICLE VII.
No Stockholders of this corporation
shall be held liable for the contracts or
faults thereof IN any further sum than
the unpaid balance due the Company Oh
the shares of stock subscribed for or
owned 10y him, nor shall any informali-
ty III organization have the effect of
rendering this Charter null or Of ex-
posing stakeholder to any liabilities
beyond the unpaid balance. If any, Of his
stock.
Thus dune and passed at my office OH
this day, month and year as above writ.
ten, in the presence Of A. 2. Bienvenu
and NJ. pucrest, competent witnesses of
lawful age and residents Of this city,
who hereunto sign their names together
with said parties. and me, Notary, after
due reading Of the whole.
Subscribers:
Il. II. de Laureal
p. X. Burke
l.. V. Liable
CtarI