Lower coast gazette., 1914-06-27

Notice Of such election shall be CIV
On onlv to stockholders by at least
ten (1o) days continuous publication
Immediately preceding such election
~ ono Of the daily English news.
na,e.s Of this city; and the board OF
d;rectors shall appoint one or more
stockholders to preside at sucn elec-
ton as commissioners, In the event
of the failure Of any commissioner or
commissioners to attend, the president
shall, by appointment, fill the va
.aucv. Any failure from any cause
whatever to elect directors the day
named for that purpose shall not dis
solve the corporation; but the direc-
tors then in office, as well as the Off
GERS of said company, shall hold over
until their successors are chosen.
In such event the President shall
cause another election to be held with
in thirty days, and shall give notice
thereof as hereinbefore 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 1or
whom they have been cast.
After each election the board OF d.
rectors shall elect from their own
number the officers Of said company.
ARTICLE v.
Tb. hoard Of directors shall have the
full pover to fill vacancies in their
number, caused by death, resignation
or otherwise, from among the stock
holders Of the corporation.
The said board shall have full con-
troll of the property Of this company
and shall so conduct, manage ano
use the same as in their discretion
they deem fit, and that is consistent
with the objects Of this company O.
the welfare of the same.
The said board is further authorized
to frame and adopt such bylaws
rules and regulations as the affair
and business of the corporation ma!
require, and as it may deem necessar'
for the conducting and management
thereof; provided, the same shall nc
conflict with this charter or with IN
laws of the State or the United States
The said board shah elect or al
point a secretary and such other off
GERS, agents, employees, servants an
clerks as it may deem necessary Il
the conducting Of the business OF tt
corporation, term Of service, with tt
right to dismiss them at said board
pleasure.
ARTICLE vi.
This charter may be so change
) modified or amended, the capt.
stock increased or decreased, or tn
corporation may dissolve at a gener
meeting Of the stockholders convene
for the purpose with the assent
ed ~three-fourths Of the entire capt.
In stock, whether present or represent
es, at such meeting.
to Ten days prior notice OF su
k; meeting shall be given in any dai
srs English newspaper published in t
|ue city.
all In case of dissolution or terInln
Of ton Of this corporation, either
cir limitation Of its charter or from a
The cause, the liquidation Of its affa
~. shall be conducted by two commissi'
ers selected from the stockholde
tho with like assent and at a meeti
be called for that purpose, as above
tha forth in this article.
,nv Said commissioners shall remain
,oe. office until the affairs Of said c
poration. shall have been fully liz
dated. In case Of the death Of I
or more Of said commissioners
survivor or survivors shall conti1
to act.
DA'- ARTICLE VII.
The holders Of all or any part
-. the shares Of the capital stock Of I
corporation shall have the right fl
= time to time at their discretion
create and form 4 voting trust.
ARTICLE VIII.
may No stockholder Of this corporal
shall ever be held liable or respons
for the contracts or faults thereof
~, any further sum than the unpaid
~ ance due the company on the sh'
kof stock subscribed for or owned
him; nor shall any informality in
u. ganization have the effect OF rem
-. ing this charter null, or OF expo!
q stoekholder to any liability hey
~. tie unpaid balance, if any, OF
stocks.
80. Thus done and passed, at my nc
-. ial office in the City Of New Orb
on the day, month and year hel
lboye first written in the presenc
TILT. Er;ck .rd Henry i. Camn