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

kind and character, and to dispose of
the same in any manner in its original
state or in manufactured products and
| products; to own and operate steam
boats, pull boats, dredges, skidders,
canals, railroads and other facilities and
apparatus for Transporting timber and
lumber and the products and
by-products thereof, without the
power of eminent domain; to do
dredging and excavating by contract or
otherwise; to operate pull boats,
skidders and other logging
| apparatus, by contract or other
| wise. to lease, let and o. y 90.
| steamboats,. ha-res and other craft; to
| buy. SELL market and generally deal
| in lumber ana timber in its original
state and in all it's stages Of manufac
tue and all the by-products thereof;
| aud, whenever deemed necessary or ad
visable to establish and maintain
agencies, depots and retail lumber yalds
wherever deemed proper; TO operate and
| can .uct such com missarles and general
| me chandise stores as may be deemed
ueCessary or advisable by the proper
governing body of this corporation, at
suct, Place or places as may be deemed
prnper; to enter into contracts for the
lcprstiuciion Of buildings and structures
Of every character; to conduct aud ope-
rs4 snipyards and to build and repair
boats, b,rges an al kinds Of vessels;
| AMI generally to 10 any and ali thing,
inc'tent ,r petttining, directly or in
directly, 10 the main objtc,s for which
! this corporation IS organ,Zed; provided,
| N
the power of emf 'ent domain nor tle
| rlghp of expropri s,ion.
| The ifth article of the act of incor-
poration is hereby amended so as to
authorize and permit the members Of
| tn Board # directors to Vote by
writes proxy, aat: to read as follows,
viz
| ARTICLE 5TH.
| Ali If tke corporate powers of this
| cnrprratiop shall be and ara vested in
and exercised by Board of Directors
composed of three (3l stockholders, two
| Of whom shll. Constitute a quorum for
the TRANSACTION of business. The said
| Boari of Directors snail be elected an
nually On the first Tuesday in January,
at !. meeting Of the stockholders to be
hell for that purpose at the Office of
thp co poraion in Garden City. Louisi-
ma ftrr dle notice thereof shall have
| beei ,e.i be mai TO each stockhoidet.
/ iii writing bN the Secretary, addressed
io bin or ar at bis o. ner last known
past otfi y addre q. tu.ly ten days prior
10 such mAeti'ig.
| The election nj ne directors shall be
| by btllot; ala each stockholder shall
| be entitled 20 cast as many votes as the
numfe3 OF shares Of stock standing in
| his II I1,.r name on the books of the
corppr ton; which votes may be cast
etti,er in person or by written proxy;
and a majority of the votes cast shall
elect the members of the Board of Di-
| T. 81 ofS.
aud. at the same date and place of
| tie election of the Board of Directors,
a3d Immediately after the said election,
the Board of Directors shall organize
ana eject from among their number q
! President and Vice President; aud
liaey -sali then and there also elect a
.oo5ctaly and Treasurer and a General
&ianager, and they shall also elect or
| epp9nt or employ such other officers,
AGENTS Or employees as the said Board
oi directors may, from time to time,
d.eln proper for the management of the
husi esq of this corporation.
rhe Secretary, the Treasurer or the
Geaera Ianager of this corporation
neeino be stockholder of this corporation
un IS sucn manager also occupies the
office # President or Vice President.
/ 'iu .fficls Of Secretary and Treasurer
t,a !, be held by one and the same per-
s. i, aid even in this event. he need not
4 stakeholder Of this corporation.
.us General Manager may also be one
as tne executive officers of this corpo-
ration.
| A. sli sassio ms Of the Board OF Direc-
/ afs zach member of the board shall
..ge one vote, which may be cast
/ ether i person or by written proxy to
a., member of the Board.
.n, member of the Board of Direc-
/ suall have the right to confer upon
400 her member OF the board authority
all. power 10 act for him or her in ali
maj sers that may come before the board
I. I'd member of the Board of Direct
!, ers holding such written proxy OF
..oWer Of attorney may receive or ac-
G. pf or waive notice of any meeting OF
she board, ana attend any meeting
and vote AMI act upon any proposition
or question that may come before the
u e. .iu,s ui the board, and thus bind
AID obllgate the corporation as fully as
If the member whose proxy is held were
presen Mt ,n person and voting as mem
| Der os saia Board of Directors, Such
written proxies may be granted for a
special and speci led meeting and To
1 4
, Vote upon s.ms spacIhad ma"or or
luue siion To came befory the ,.,d, oI
il NAV be .eaarai aaa confer the autho-
, rns ta 70 al any and Ill m ngs and
!. upon as sd Al q sestloas l:.,l sutJ cts
tha, ma C, me- Def Ore Il: meeting ol
tne ts,afd oi Directors duflls One time
, specified n .sse proxy, as tho member
| ~, .nnnls,f4.d N, Il am nrpNer