Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1914-02-21

above specified shall not dissolve wv
corporation but the directors tlen III
Office shall remain i'll Office until theI
successors are elected Due notice OF
another election shall forthwith be
Given as above provided. majority ol
the Directors shall constitute 4 quorum
for the transaction of any business. ana
the Board Of Directors al TIER iiiSI
meeting, following each annual election
shall elect from their number q pIesi-
dent. vice president secretary and treas
urcr, and such ether officers as thtt
shall deem .-cCessarv. Tie Board shail
have power in It, discretion 10 unite two
or more Offices aud the SAME 10 confer upon
one rers0H. and shall have the power 10
fix tie salaries Of ali officers and C. make
and establish. as we'll as alter am &'Hcnd
all bylaws. rules and regulations ices
.ar. auD proper ioi the support ard
rna-aeeIusi tot Ike business and affairs
of said ocrUoration not inconsistent with
its charter Said Board shall also have
full power and authority to borrow ard
lend money, and through the president
or some other dulv authorized agent, or
or agents, to execute, and sign mort
cages, issue and accept notes, bonds or
other obligations. i'll such amount and
on such terms as in their Judgment may
be advantageous. and generally to do all
things reasonably necessary for tic
proper carving on of the business Of
the corporation; also to issue and
deliver full -paId shares of stock and
bonds or obligations of said corporation,
in payment Of money borrowed, or
money, labor or services, or property or
rights actually received BY said corpora
ton, and shall have tie power to do and
perform all such acts and things as
may bc necessary to carry out the objects
and purposes for which this corporation
Is organized.
Vt any meeting Of the Board of Di-
rectors, any Directors, absent from the
meeting may be represented by any
] ether director. who may cast the vote of
SAID absent director. according to the
written instructions OF said absent
director.
Until the next general meeting To be
held under tins charter, on the first
legal day OF February, 1915, or until
their duly qualified Successors are elected
and installed, the Board of Directors
Sh'Ii DE COMPOSED OF: MesSrs Willie J.
~ ''''7''I', 'i'e. Ht.'ol9 "Il" E"Hiar
b i ID ooSI.",. HI'F,''TN X treasurer Va
. nave ,eFh S,ittt'" ana chosen as the
Il
! - suSI ul.t'I tnc INST legal dav OF FEB
ruarE \, -. ~ or until Their success
IL 9'l'''I H",o o>Si cITCtct. Al o'ncr
+ OH, are eIeo'1" oy the Board OF d.
O '0,'o'S
=, ARTICLE VI.
! Whenever this corporation shall be
n dissolved either by limitation or from
Il any OTHER cause, its affairs shall be
hquidat.d by three stockholders to be
appointed ut general meeting convened
Is Tor the purpose OF liquidation. as here
matter provided; each share being
= entitled t. one vote II be est by the
=. holder, either in person CT bv PROXY
!, said commissioners shall remain in office
= until the affairs If said corporation shall
>, have lceu fully :ettlld and liquida.cd
~ and they shall Fave power and authority
4 TO transfer AID give title to all tic assets
|, aUd property OF the corporation and
. distribute tie proceeds. In case # death
or disability or rcsigrat on cf one r.
=, more commissioners Tie vacancy shall
a tie filled bv the surviving or rouainiR
n commissioner or Commissi ncrs
>, ARTICLE vi
, THIS act f i-corrcra,;on ,,a,. h,. ,t.oI-
y fed Glanced or altered g, .a:I crrrcr-
a,ior NAV he diS,o1y,d-vith the assent
j., f r. ree-Tcurthe Of tie Genital s,ocl
,ubycr bed AID raiI fer ron ,cr,ed -
= general meeting If tie st.cLb,llcrs
onvei cd for @rc1 urp,,es ;ft,r mr..
y, inns notice shall law. lion ,i,e,, IN
+, one or more ncVsT.peIs IaHis.led IL lie
L Parish Of Nerinii;O|, Iouisiara. cree a
week. during the thirty davs rcxt
e preceding such meeting. and by roticc
Il mailed at least foity days prior to such
If meeting TO each stockh!ldcr whoappe2rs
If as such on the books -of the Company.
= TO the post office address designated bv
e him. and, i'll case OF faitjse to designate
an address, to the general delivery,
II Erath. Lou:si ma. ANY change which
p MAY be proposed or made i'll reference
Il 70 the capital stock of said corporation,
IS which shall lie made in.ccordance with
d the laws of the State Of Louisiana, on
II the subject matter of alternating thA
2 amount of capital stock o. corporaIionSS
IL and it may be increased or diminished
:. upon compliance Herewith upon the
II affirmative vote of two-thirds of the
r stock of the corporation.
h No stakeholder Snail ever be held
s 1 or or sd for the contracts o or
e sum than the unpaid balance due OIL the