St. Landry clarion. (Opelousas, La.) 1890-1921, 1914-09-19

last known postoffice addresses respec-
lively, and deposited in the United
States mail at least fifteen days prior
to the date fixed for the holding of the
meeting.
At all elections and all meetings of
the stockholders, each stakeholder
shall be EMIT ed to one vote for each
share OF stock stand.ng in his or her
name on the books of the corporation
at the date OF said election or meeting,
said votes to be cast in person or by
written proxy, or by letter as provided
by law, when duly authenticated be-
fore a notary, and the majority of votes
cast shall elect or shall decide the eues-
ton at issue unless otherwise provided
by law.
Any failure to elect the directors at
such time as provided in this article
shall not dissolve or affect the corpora
ton, nor impair its Management in any
respect, but the directors in Office
shall continue to act as such until their
successors are elected and qualified.
Any vacancy occurring on the board of
directors shall be filled from among the
stockholders by the remaining diree-
tors.
The board of directors shall elect as
soon is possible after their own ap-
pointment or election a president, a
vice-president, and a seeretary-treas
urer, and may grant to each officer
such powers as they deem proper
and fix their respective duties ane
compensation. The board of directors
may also from time to time as they see
fit, name and appoint all such other Of
flcers and such agents, servants and EN-,
ployees as they deem necessary, ano
fix and define their powers, duties and
compensation. The president and vice
president shall be stockholders ane
members OF the board OF directors, blu
the secretary-treasurer and any othe
officers elected or appointed need no
necessarily be either disectors orstock
holders and two Or more of thel
offices may be merged in one shoul
the board of directors see fit.
The board of directors shall be vestee
with full power and authority to make
all contracts, purchases and sales, an
to adopt all Bylaws, rules and regula
tons for the conduct OF the business o
the corporation, and may alter, amen
and change the same at pleasure, an
in general to do and perform all thing
necessary in the transaction and man
agement of the business and affairs o
the corporation.
At all meetings of the board of direc
tors each director. including the pres
jdent o. presiding officer, shall be en-
htledt to n vote.
The following named persons shall
constitute the first board OF director
and officers of the corporation undeJ
this charter, and they shall hold thei
offices until the first Monday of July
1915, or until their successors are ele.
ted and qualified, viz:
Board OF Directors: B. w. Clopton
Henry E. LoWery, and Mrs. w. F
Clopton.
Officers: B. w. Clopton, president
Mrs. w. F. Clopton, vice president
Henry 6. Lowery, secretary and treas
urer.
ARTICLE VI.
This act of incorporation may be
modified, changed or altered, with thu
assent of two-thirds of the capital stool
represented at a meeting of the stock
holders convened for such purpose il
the manner provided in Article v
hereof.
Any change made or proposed witt
reference to the capital stock shall be
made in accordance with the laws o.
this state on the subject Of altering thu
cayital stock of corporations.
ARTICLE VII.
No stakeholder shall ever be hele
liable fer the faults, contracts or obi
cations of this corporation in an.
further sum than the unpaid balance
if any, due to the corporation on til
shares subscribed for or oWnedb by him
nor shall any mere informally in or
%ganization have the effect of renderin.
this charter null or exposing any stocl
holder to any liability beyond the I'm
paid balance due on his stock.
The subscribers hereto have respee-
lively written opposite their anne tn
mount of stock subscribed for BY
them in this corporation, SO that this
act of incorporation may also cry AZ
the original subscription list of the
corporation.
ARTICLE VIII.
Whenever this corporation shall be
dissolved either from limitation or 9th.
erwise, its affairs shall be liquidated BY
three 81 commissioners, to be electee
by the stockholders at a meeting calico
for that purpose in the manner provid-
ed for in Article v of this charter
The commissioners shall remain in office
until the affairs of the corporation
shall be fully liquidated, unless sooner
removedby the stockholders at a meet
ing duly convoked. In case of thu
death, resignation, removal or ina.
biiity to act of either or all
of said commissioners, thu
vacancy Or vacancies shall be filled by
election at a stockholders meeting duly
called, and pending the election I'M
qualification of the new commissioner
or commissioners, the survivor or sur
vivors shall continue to act.
THUS DONE AND PASSED at my
office at Morrow, in the Parish of st.
Landry, State of Louisiana, on the day
month and year first hereinabove writ
ten, in the presence of r. L. Schiller
and E. L. Morrow, two competent wit
nesses both of lawful age and residents
of said parish, who have signed hereto
together with aidsubseribers and me,
notary, after due reading of the whole.
signatures of Number of Shares
Subscribers Subscribed For
In Letters: In Figures
tSigned1
B. w. Clopton One II
(Signedl
Mrs. w. F. Clopton Seventy 20
fSigned)
H. E. Lowrey Thirty-two ~
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