The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-04-04

the directors then in Office, as we'll as the OH
| GERS of said company, shall hold over until
their successors are chosen
IN sucn event the president shall cause
another election to be held within thirty (8O)
days and shall give notice thereof as herein.
before provided.
holder 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.
ana the majority in amount of votes cast,
each share of stock voted upon to be counted
TOR one vote, shall elect the person or persons
. for whom they have been cast
After each election the board of directors
shall elect from their own number the officers
of said company.
The officers of this company shall be .
Treasurer. The Offices of Secretary an d
treasurer may be held BY one person.
The board Of directors shall have full power
to I'LL vacancies in their number. caused By
death, resignation otherwise, 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 same as in their discretion
they deem tit, and that is consistent with tho
objects ct this company or the welfare of tho
such bylaws. rules and regulations as they
may deem necessary for the conducting and
MANAGEMENT thereof; proeided. same shall not.
conflict with this charter, or with the laws Of
this State or of the United States.
ARTICLE vi.
No stockholder shall ever be held liable Or
responsible for the contracts or faults of this
corporation in any further sum than the
unpaid balance due to the company on fhs
shares owned by him; nor shall any mere infor.
mality in the organization of this company
have the effect of rendering this charter null
or of exposing any stakeholder o tany liability
beyond the ameunt Of his stock.
ARTICLE VII.
The capital stock may be Increased or de.
creased in the manner and form provided for
by the Constitution and laws of the State Of
This charter may be changed. modified or
amended, or this corporation may be dissolved
at a general meeting of the stockholders con.
fourths3-4 of the stock representea at such
meeting, after thirty days notice shall have
been given of such meeting by advertisement
of Franklin, Parish Of St. Mary. louisiana.
ARTICLE VIII
In case of dissolution or tcrmn alton of this
corporation, either by limitation of its charter
or from any other cause the liquidation OF its :
affairs shall bs conducted by "a two commits.
sioners selected from the Stockholders at q
general meeting of stockholders convened A.
ter thirty days notice shall have been given,
as above prov ided in Article VII.
Said commissioners shall remain in office uu
til the affairs of said corporation shall have
In case of the death of one or moro of the
said commissioners the survivors or survivor
shall continue to act.
The subscribers hereto have written oppO
site their names the number of shares sub
scribed for, so that this act may serve ~ the
original subscription list.
Thus done and passed at franklin, Parish Of
st. Mary, Louisiana, in the presence of Mics
Lola Jones and Geo. TheriOt, two competent
witnesses, of lawful age, and resident Of the
Parish of St. Mary Louisiana, who herounto
subscribe their names, together with said
parties and me- Notary, ON this 7th day Of
March, A. d.. 1914.
No. Shares. Amt.
A. A. BONVILLAIN 10000
SIDNEY A. BONVILLAIN 81 830a00
ELMIRE +. BONV1LLAIN 50 $4,000
CHAS. N. BONVILLAIN
Per Sidney A. Bonvillain Agt. 80 8500.Oo
Witnesses:
LOLA JONES,
GEO. THEREOF.
RENE H. HIMEL, Notary Public.