Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1914-02-28

l..'-.,. >, .1.,t l,-..t,,. 80, ,Le div
abu,,. .,.r;r.l .n,ii 49,. l;erol,.o ,r,.
corrnra,:,,, Ian, &c. l;r,,,'.s ,l,., j.,
nflt.. Shall ,,,,,.,., =, ,c,.,. ,,.,,;l ,rc;r
,rrr,...,.. 49,. .,...l ~. ,,,,.;.., 81
another ,r.,,.o. I,.il t,r,i.,,;,i, Ic
given .,, .f..,.... ..,,...,f,.I ,,,';,,;,,.,f
the nir.,t,,. mn ...,...;...,'. ,,.,,r,.,,,
l.;tI,. ,,..,........,,.,,f ...,, I,.,..,.. a,,,I
the Board of Direction, II their FIST
meeting. fu,'onju. each annual election,
shah elect from their number a rrcsi-
dent, N.c-prv~,dcut. sccrctar. and trcas-
rt,r, .ui such ctn.r officers rs they
shall Gle, ~ ucse>..rv The Poarl sill
have power IN '.> lr..t.,.,1 {, ,i,.... two
or III .rcotnr,ea,l 'rr-. ~. to,.ut rurcu
"n, r''>o0 .ui -l... i.lt-t,.. rD.,.. io
hN TIC SALARIES 90 .'' .,..,r~ a.G tn make
AMI c-;.' '-. .- we'll .s.l'',... md ..r,,,i,I
All 'l la"- :.' - .uI regulations utc,s-
.art a't -..,tr ..t ~. -,,,nrt AID
maia.cut Mt ,t 'hc Cuisines, and affairs
~ ,s'a ,.rl n,.tipv no., inconsistent with
It's charter sud Board shall also have
full power and authority 20 borrow and
LEND wnutv. and THROUGH the. l.-t..i.l,ut
or >nrrc other duly authorized I-,,,t or
az agents. 90 ,>,,utc. and sim mont
cages issue .ud ACCEPT note. I1,.-. or
other .h'eau"r~ IN such am"uat AMI
OH ~"'H ttii'.~ us ia tlrIr judgment NAV
be- "'N"nta 'ou~. and generally to do all
Things reasonably necessary for the
proper carry my on 81 the business Of
me '"fpor2ti'u; also to issue and
denver iul pdid shares of stock aud
."'hNN or ""iiEdtIorN OF sand corporation.
III payment of money borrowed, or
/ money, labor or SERVICES. or property or
iiSH'N actually received h' SAID corpora
u"u' ana shall have the power to duand
perform al such acts and things ~
may Re necessary To- carry ont the objects
AMI purposes Tor which tins corporation
l. organized.
NJ any meeting of the Board of ~
rCC''ts. any Directors, absent from the
meeting may be represented by any
other director, who mdy east the vote of
SAID absent director. according to the
written instructions of said absent
director
Until the newt general meeting to DC
he Id under tins charter. on the first
legal day of February. 1915. or until
their duly qu1liflrd successors are elected
and Installed, the Board OF Directors
shall be composed of. McsSrS Willie !.
BrouSsard. otter Dubois and Eduar
BrouSSard. Secretary * Treasurer who
have icen selected and chosen - the
first Board Of Directors and shall serve
! 'S sIch urtil the hrst legal dav of Feb
ruarv \. ID. 1915, or until their success
. sorN shall have been elected. All other
officers are elected by the Board Of hi
rcctorS.
ARTICLE VI.
, Whenever this coronation shall lie
! dissolved either by limitation or from
4 any other Carsc. lis affairs shall he
llquiddtcd by three stockholders to be
appointed at q general meeting convenei
for the purpose OF liquidation. as here
matter provided; each share Icing
= entitled 10 one vote TO lie cast by the
=. holder, either III person or by proxy.
/, S"id commissioners shall remain in office
- until the affairs of sad corporation shall
;, have been fully settled and EquidatCd
o and they shall have power and authority
Il to transfer and give title to all tie assets
!, and property OF the corporation ard
distribute the proceeds In case of death
or disability or resignation of one ~
II more COMMISSIONERS the vacancy shall
-, tie filled by the surviving or remaining
4 commissioner or commisSI, nerS.
II ARTICLE MI.
-