The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1913-09-06

year 1914, and the directors herein named ana
their successors when elected shall hoid once
until the election Of their successors. The boaru
OF directors shall be elected by n majority vote
OF the stockholders and shall be by ballot 'neh
stockholier shall be entitled to as many votes
az there are shares OF stock standing In nus name
| on the books of the corporation. and any stock
holder may vote either in person or by written
proxy at the said animal meeting. as well as
also nj any other meeting of the stockholders OF
1 the corporation
ANY vacancy occurring on the board of direc- |
tors shall be filed. for the unexpired term. pS
tbe remaining mem beers OF The board OF directors
The officers OF the corporation shall be a presi-
dent viee-president. a secretary ana a treaSu-
rer. and snch Others as the BOARD Oh ulIe..o.s
may deem necessary and declare ny resofue'on'
and the board Of dire tofs may provide by res''.
luton that person shall hold the once oi
secretarv and treasurer. All the officers and EN-
pIoyees aud agents OF this corporation shall ex-
erese and possess only such authority rs may
be conferred on them by the board of directors
No one shall be eligible to membership on the
board Of directors except the stockholders oil the
corporation, and the sale and transfer OF all his
stock by any stakeholder shall ipso faeto, va
. cate his membership on the board of directors.
No member of the board Of directors may attend
its meetings by proxy, written or otherwise.
The board of directors shall meet at such times
AS they shall fix aud select by resolution and at
such other times as they may be called In special
session by the president of the board or the
Joint request Of any three members thereof, mace
, In writing and each member OF the board shah
| have timely notice of the meeting All meetings
I of the board OF directors shall be held at It's
domieile The board of directors shall elect, by
majority vote of the quorum present, the nrst
meeting after their election the several officers
herein abov We provided except that until tile hrst
annual election Of the board Of dire tors ar here
: in provided the members Of the board OF dlrec-
tors and the officers OF the corporation as named
herein shall be follows: G. H. Teal shall os
president. DR.. T. A. Simms shall be vice-pres'
4 dent. Ii. H. Williams shall he secretary, ane
H. H. Williams shall be treasurer. and the sa'o
persons together with +. W. onenhaurer D.
Dale. Louis Hebron. r. }. o'Dwyer j. j. U
Quinn and John A. Barlow. shall constieute th'
n first board of directors Of this corporation an'
shall hold Office until their successors are elected
in ARTICLE SEVEN.
ut citation and all other legal process shan
u served on the corporation In Its Office at u
IA domieie by service the president, or In case
n his absence on the viee-presdent or of them, %
he the secretary Of them on the treasurer
d. ARTICLE EIGHT.
.s- This charter may be amended or altered, til
as capital stock os the corporation increased or %
Ell creased or the corporation dissolved, by IN
nd consent of three-fourths of all the storkhohei
by to the corporation held for the purpose after te
Dr. DAYS notice TO each stakeholder. mailed TO MI
at his last known poStofHce address, the sal
notice to give the purpose of the meeting an
all the date and the said meeting shall be held =
its the office OF the company and the notice oil sue
at meeting shall be published in a newspaper pm
Ter lshed In the of the domcile OF the corpor
oy ton. Ten days such notice by publication al
nm mailing to the addresses Of the stockhode
ter shall also be given OF the annual meetings
be stockholders as provided FOR in this charter
Xix ARTICLE NINE.
49, when this corporafion shall be dissolved
" limitation or otherwise. it's affairs shall be iiqi
dated by three commissioners 10 be eecten
I'll. stockholders OF the corporation ana I
-, | said commissioners shall have power To wnd
the affairs of the corporation. settle ITS buslne
Is and distribute it's funds. after the payment OF
WIS: its inst debts. Stockholders meetings, exec
any the annual meetings provided for shall be
iered by the board of directors the secretary
III the board to give notice thereof. ann un,'.
lr nermanent orga nzation of any meeting Of stt''
,., holders the president OF the board OF directs
shall be chairman aud the secretary Of the boa
pipe secretary of the stockholders meeting
Their ARTICLE TEN
sme No stockholdsr uf this corporation shall ~
x. | be held liable in any manner personally Tor
''"s debts or other obligations Of this corporate
lily, or for It's contracts faults. for any amount
sh excess of the unpaid balance due tne eorporas
- for stock subscribed by him. nor shall any IN
'p"" muIity in the organization Of this corporal
gas, have the effect OF rendering this charter null
and Of exposing any OF its StoeAho"iers 20 ans !
ans o'i'.y u.hea sna. n"
gem Thus done read and signed at Colfax. Lou
nee ana on this the istn any on July 1910; III
Dove prese"ee vi ''e ~ OFFEXHAUSER
bust Il. A. SIMS.
n tol G. N. TEAL.
JNO. A. BARLOW,
llrht IL RORERTS.