The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1914-03-28

the directors then in Office as we'll 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 within thirty (3O)
days, and shall give notice thereof as herein
before provided.
AT every election and meeting each stock
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,
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
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 q
President, a Vce-President, a Secretary and q
Treasurer The offices of Secretary and
Treasurer may be held by one person.
ARTICLE V.
The board of directors shall have full power
to fill vacancies in their number, caused by
death, resignation or 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 i'll their discretion
they deem fl t, and that is consistent with the
objects of this company or the welfare of the
same, with the authority to frame and adopt
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 stockhoder 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 the
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 amount 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
Louisiana
This charter may be changed. modified or
amended, or this corporation may be dissolved
at a general meeting of the stockholders Con-
vened for the purpose with the assent of three
fourths "a of the stock representea at such
meeting, after thirty days notice shall have
been given of such meeting by advertisement
in one of the newspapers published in the town
of Franklin, Parish of St. Mary, Louisiana.
ARTICLE VIII
In case of dissolution or termination OF this
corporation, either by limitation of its charter
or from any other cause the liquidation OF its
affairs shall be conducted by - two commits
soners selected from the stockholders at
general meeting of stockholders convened af-
ter thirty DAYS notice shall have been given,
as above provided in Article VII
Said commissioners shall remain In office un
til the affairs of said corporation shall have
fully liqudated.
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 Opp9
site their names the NUN Der of shAros SUBJ
scribed for, 80 that this act may serve AZ the
original subscription list.
Thus done and passed ut Franklin, Parish of
St. Mary, Louisiana, in the presence q Mics
Lola Jones and Geo. Theriot, two competent
witnesses, of lawful age, and resident Of the
Parish of St. Mary, Louisiana, who hereunte
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 5 10000
SIDNEY A. BONVILLAIN 50 $4,000
ELMIRE Z. BONV1LLAIN 80 $4,000
CHAo N BONVILLAIN ..l..
Per Sidney A. Bonvillain, Agt. 33 $4,000
Witnesses:
LOLA JONES, 81 a,
GEO. THERl0T
RENE H. HIMEL, Notary Public.