St. Landry clarion. (Opelousas, La.) 1890-1921, 1914-05-23

DIR. J, A. Haas, B. Bennett, j. T. st.
Cyr. Louis Hebert and j. G. Lawler,
with B. Bennett, as President, Louis
Hebert as Vice-President and Superln-
tendent. j. 6. Lawler, as Secretary
Treasurer. They shall hold office until
the second Monday OF January, 1918,
and until their successors shall have
been duly elected.
No person shall be eligible as direc-
tor--officer who is not a stakeholder OF
this Company.
The Board of Directors shall elect its
officers and shall appoint such agents
and managers as may be necessary,
and shall fix their compensation. :,
The said Board OF Directors shall
make all bylaws, rules and regulations
for the proper government OF the busl-
ness and affairs of the corporation, and
alter, amend and change the same at
pleasure. They shall have the power
to buy, sell, mortgage, pledge and
lease any and all property, real, per-
sonal and mixed, corporeal or lncor-
poreal, whenever in their judgment
they may deem such acts necessary
and proper, and to make all contracts
and agreements necessary to carry
same into effect.
All acts of sale, purchase, lease or
other contract shall be signed by the
president and in case of his absence or
inability to act by the vice-president.
ARTICLE vi,
On the second Monday Of January of
each year., beginning with the year
1915, there shall be a meeting Of the
stockholders to elect directors for the
ensuing year, which meeting shall be
called after a notice published twice in
ten days in one of the newspapers pub
lished in Opelousas, Louisiana; and the
Board Of Directors shall appoint n or
more stockholders to preside at
such election as commissioners. In
the event of the failure of any commits
sioner or commissioners to attend, the
President shall, by appointment, fill
the vacancy.
At every election and meeting each
stakeholder shall be entitled to n vote
for each share of his 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 stock voted
upon to be counted for one vote, shall
elect the person or persons for whom
they have been cast.
Any failure from any cause whatever,
to elect directors on the day named for
that purpose shall not dissolve the COR
poration, but the directors then in Of
flee, as well as the officers of said COM
pany, shall hold over until their sue
cessors are chosen, and any vacancy
occurring on the Board of Directors
from any cause shall be filled by the
remaining directors.
ARTICLE VII.
No stakeholder of this corporation
shall ever be held liable or responsible
for the contracts or obligations or faults
thereof, in any further sum than the
unpaid balance due the company on
the shares of stock subscribed by him,
nor shall any mere informality in or
ganization have the effect of rendering
this charter null, or of exposing the
stockholders to any liability beyond the
unpaid balance, ii any, on his stock.
ARTICLE VIE
This act of incorporation may be mod
flied, changed, abridged or amendedor
said corporation may be dissolved by a
vote of two-thirds of the stock at a gen.
eral or special meeting held for that
purpose after at least ten days written
notice in the ~postoffice, prepaid, ad-
dressed to each stakeholder at his usu-
al place of residence, and in case of dis
solution, three commissioners shall be
elected at said meeting by said stock
holders, and said commissioners shall
wind up and settle the affairs of this
corporation.
AT the termination of this act of in
corporation either by limitation OF its
charter or from any cause, the bust
ness affairs of this corporation shall
likewise be wound up and settled by
three commissioners elected by the
stockholders at a meeting called for
that purpose, after ten days notice, as
above stipulated.
Said commissioners shall remain in
office until the affairs of said corpor-
alton shall have been fully liquidated,
in case of death or disability of any one
OF said commissioners, the survivor or
survivors shall appoint a successor to
him.
Thus, done, passed and signed, in
my notarial office in Opelousas, Louis
lana, on the day, month and year afore-
said in the presence of Jno. w. Lewis
and Allen Dezauche, two competent
witnesses, residing in said city, who
hereunto sign their names with said
appearers and me, Notary, after due
reading Of these presents.
B. Bennett Sixty (6O) Shares.
j. A. Haas Twenty {2O1 "
lbs r. Sf Cyr Tyuan+u f0ni 6