New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1914-02-28

til the third Monday in January, 1915. on
which date, and thereafter annually .
Board of Directors shall be elected on
third Monday in January Of each year, un-
less the same shall be . holiday, when
the election shall be held on the
next legal day thereafter.
Notice of election shall be given by at
least three 60 continuous publications i'm
u. diately preceding each election in one
the We ky English newspapers pub
H. he'd in the City of New iberia Louisi-
ana; and tn Board of Directors shall APP
point ON. ot more stockholders TO preside
at such election as commissioners. In
h. event of failure or any commissioner
or commissioners TO attend, the President
shall, hy appointment, fill the vacancy.
Any failure from any cause whatever to
elect Directors the day named for that
purpose shall MOI dissolve the c.rpor~-
tion; but the directors then in office, as
well H. the nffic-,s Of said corporation.
shall hold over unt,' their SUCCESSORS ARE
chosen. In such event the President
hail cans- another election TO he held
within &c da,>, and shall give notice
thereof as her-inbefore provided.
At every election and meeting each
stakeholder shall he entitled to vote fol
each share of stock registered in his name
and may vote by proxy.
Tie 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 pers u or persons for whom they
have been cast. After each election the
Board of Dilecrtrs shall elect from their
own number the Officers of said corpora
ton. Absent memb-r or M mbers of the
Board of Directors may be represented ut
any Board meeting by proxy duly appoint
ed by such absent member or members.
ARTICLE v.
The Board of Directors shall have full
power to fill vacancies in their number,
eau sed by death, resignation or otherwise,
from among the stockholders of the cor
poration
The said Board shall have full control
OF the property Of this corporation and
| shall so conduct aud manage and use the
same as in their discretion they deem fit,
! and that is consistent with the objects OF
this corporation or the welfare of same.
The said Board is further authorised ia
frame and adopt such bylaws, rules and
regulations as the affairs and business oil
, the corporation NAV require, and as il
deem neces SIR, FIR the conducting and
'nanag' mrnr thereof; provided the same
shall not conflict with this charter OF
with the laws of the State or of the United
STATES.
The said Board shall elect or appoint al
agents, employees, Servants and clerks al
| 1t may deem necessary TO- the CONDUCTING
OF the business OF the corporation, fiji
their compensation, term of service, will
the right to dismiss them ut said Board
I, plr assure; ard said Bead shall hav- III,
| right Z" Tx and d-i-rin,u4 the salaries o.
th- >-v, raj officers ii-'.i- provided for.
ARTICLE vi.
This charter may hr changed, modified
or amended, the CAPT al stock increased
= decreased by compliance with the for
ma lties of law, OF thi. corporation ma,
i'e dissolved at a general meeting of tn
st 'ckholde,s convened for the purpos
with The assent of three fourths of the en-
tire sur scribed capt. 81 stock. whether pre-
| sent or represented Al said meeting
Notice of such meeting shall b- give
hy al least thirty days continuous publ
cation Immediately proceeding said meet
ing in one Of the English ne wspapers pub
lished in the City of New Iberia, Louis
. ana. s. ~ -
! In e.~~ Of nissolution Of t., m,c..iop
- 1lPuggulpHAfio by limitation I
M continue to g -.