The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1913-09-13

shall commence doing business as soon
as Two Thousand $4,000 dollars
of the capital stock shall have been sub
scribed. The Directors shall have the
right to determine how much additional
stock shall he issued.
/ ARTICLE ".
! The corporate powers Of this company
shall be vested in and exercised 10y a
Board Of five Directors, three of whom
shall constitute a quorum for the transac
tiOn of business and their decision shall
be valid corporate acts. There shall be
elected from these a President and Sc
cretary and Treasurer; the Board of Di-
rectOrs shall be elected on the End Mon
day of May Of each year. Until the cleo
ton of 1914 the following persons shall
constitute the first Board of Directors:
DR.. Geo. K de Laureal, DR.. Geo j. Saba
tier. Rev. j. ROguet. K. Martin. l.. y.
Liable. and until such time Geo. r. de
Laureal, ii. D. shall be President and K.
Martin, the Secretary and Treasurer. At
every election and meeting of stock
holders. each stakeholder shall be emit
tied TO one vote for each share Of stock
registered in his hame' and may vote by
proxy.
ARTICLE Y.
The Board of Directors shall have
power to fill vacancies la 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 ana shall So conduct. manage
ana use the same ia their discretion
they deem lit and that is consistent with
the objects of this Company Of the wei
fare Of the same. IL may adopt such
rules and regulations as the affairs OF
the corporation may require, employ
such servants, clerks, or other agents as
it may appear deslrable; to fix and DE-.
termlne the salary Of officers aud other
employees herein provided for.
ARTICLE vi.
This Charter may be changed or amen.
ded. the stock Increased Ur decreased, OF
the corporation dissolved, at a general
meeting Of stockholders convened for
the purpose, with The assent of three
fOurthS of the entire stock issued, whe-
Their present or represented at such meet
ing. Thirty days prior notice of such
meeting shall be given in a newspaper
published ia this city. Notice shall like.
wise be given in 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 meet
ing called for that purpose. as above sci
forth in this Article. Said Commission.
ers shall remain in Office until the final
liquidation.
In case % death Of one or more of such
commissioners the survivor or survivors
shall continue 10 act.
AR1lCt VII.
No stockholders -. this corporation
shall br held liable for the contracts on
faults thereof in any further sum than
the unpaid balance due the Company OH
the shares of stock subscribed for or
owned by him, nor shall any infOrmali-
ty in organization have the effect of
rendering this Charter null or of ex-
posing stakeholder to any liabilities
beyond The unpaid balance. ii any, of his
stock.
Thus done and passed at my office Oh
this day, month and year as above writ.
ten. in the presence If A. 2. Bienyenu
and NJ. pucrest, competent witnesses of
lawful age aud residents of this city,
who hereunto sigu their names together
with said parties. and me, Notary. after
due reading of the whole.
Subscribers:
e. r. de Laureal
P. r. Burke
l.. Y. Liable
I. Clark