The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1913-09-20

sudii COiutu0uCc uOluk uuSln0ob rs oOUu
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 be issued.
ARTICLE ".
The corporate powers Of this company
shall be vested in and exercised by
Board Of five Directors. three OF whom
shall constitute a quorum for the transac
ton of business and their decision shall
be valid corporate acts. There shall he
elected from these 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
tiOn of 1914 the following persons shall
constitute the first Board OF Directors:
DIR. Geo. K de Laureal. Dr. Geo j. Saba
tier. Rev. j. ROgust. X. Martin. l.. V.
Liable. and until such time Geo. K. de
Laureai. n. d. shall BIZ 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 hams and may vote by
proxy.
ARTICLE
The Board of Directors shall have
power to fill 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 and shall so conduct, manage
and Use the same in their discretion
they deem DIT and that is consistent with
the objects of this Company of the wei.
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
it. may appear desirable; to fix and dr.
tsrmine the salary Of officers and other
employees herein provided for.
| ARTICLE vi.
This Charter may be changed or amen
ded. the stock Increased Ur decreased. or
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
lug. Thirty days prior notice of such
meeting shall be given in a newspaper
published ill this city. Notice shall like.
wise be given in writing. In case OF
dissolution Of this corporation, the Ii
quotation Of its affairs shall bs conduc-
ted by three commissioners. selected
from among the stockholders at meet
ing called for that purpose, as above sci
forth ia this Article. said Commission
ers shall remain in office until the ina
liquidation.
In case OF death of one UT more OF sucl
commissioners the survivor Or survivor.
shall continue to act.
ARTICLE VII.
No stockholders Uf this corporation
shall be held liable for the contracts vi
faults thereof ia any further sum thai
the unpaid balance due the Company OIL
the shares Of stock subscribed for OF
owned by him, nor shall auy infOrmali.
ty in organization have the effect o.
rendering this Charter null or Of ex-
posing stakeholder to any liabilities
beyond The unpaid balance. If any, of BIZ
stock.
Thus done and passed at my office OIL
this day, month and year as above writ
ten. in the presence Of A. 2. Bienvent
aud NJ. pucrest, competent witnesses OF
lawful age and residents Of this city
who hereuntO sign their names together
with said parties. and me, Notary. aftei
due reading Of the whole.
Subscribers:
q. K. de Laursal
p. r. Burke
l.. V. Liable
|. rIorE