Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1914-02-14

t,,;I,r, to elect directors on ~ ,Lc
abovr specified shall not dlsSo .,,e,, in
"rlDrD,,Cr,tion but the directors tiIen -
a.. I'LL r.,uaiu in Office untl
,',,,.c.enrs are elected. Due notioe =.
,,,ntLrr election shall forthwith ~
o;,..,, nc above provided. A maJoiIY
+l,c Directors shall constitute d a,d
frr the Transaction Of any DuSlne9, 6rst
fine Board OF directors at tATH -,
meeting. following each annual e'>I ,,res;.
shall elect from their number -
dcut. viCc-prcsidcnt, secretary anu .,',.,.
mr. and such other officers as M
,r,,ii d,.r necessary. The Board snail
have. power in is discretion to unite wv
~. ,,orcoli c,,a and the same 70 confer upon
one person. and shall have the power "
tx the salaries Of all officers and 70 Mas
and establish. as well 40 alter ana amen"
all bylaws. rules and regulations neCe9
.ory 1,.d r-0Dcr for the support an"
1uallaccrrcrt of the business and ailaiiS
/ of said CORPORATION not inconsistent VIZ"
IFS cha-tcr Said Board shall also nave
full power and authority to borrow anu
lend money. and through the preSiueHt
or some other duly authorized agent vi
or agents, to execute, AID sign NOR
cages, issue and accept notes, bonds vi
other obligations, in such amount ah'
on such terms as in their judgment HAY
be advantageous, ard generally 10 60 an
things reasonably necessary Tor tilI
t,"P, rar' .,',.',| also TO issue and
. j,Ii,.,.- i,,i ,..:d shores of stock and
, bonds or OBLIGATIONS Of said corporation,
in payrlcut of money borrowed, or
- money. labor or services. or property or
rioh,, actually received b, said corpora
, ,iou and shall have the power to do and
! n.rfor,u al such acts and things as
D NAV. L.. necessary to carry out the objects
I .,,,J ,,,,r,.s,.s for which this corporation
) +. oro.ril.J
; II any meeting of the Board of Di-
To- rect,rs any Directors. absent from the
To- meeting may he. represented by any
II ntter Jire,-or ,lo may cast the vote of
said absent director. according TO the
written instructions Of said absent
Il director
!. Until tl,. next general meeting to be
- HELD under this charter on the first
It 1eo3l day of February. 1918, or until
Is their dulv qualified successors are elected
II and installed the Board OF Directors
: shall BE- composed of: MesSrs. Willie }.
Erou~saId, otter Duhols ana Edi',ai
Er0uesarI. Seer tdrN < treasurer WI"
F." have been selected and chosen as the
< first Board of Directors and ShaIf serve
81. rs such Uatll the first legal day OF rep
. rufN y. - I7I9' "l u'''ii i"N't II
- sorS shall have been elected. All otner
i. officers are elected by the Board Oh Lh-
TX rcCtorS.
T., ARTICLE VI.
rs WHENEVER this CORPORATION shall be
- dissolved either bv limitation or from
az any other cause its affairs shall be
Il" l;crid,trd bv three stockholders to be
aruoiuttd ii A general meeting convened
for the purpose of liquidation. rs here
Is matter provided, each share being
~ entitled to one vote TO be cast by the
re- holder. either i'm person or by proxy.
ne S,il commissioners shall remain in office
!, II until the affairs Of said corporation shall
'i' l,ovt. been fully settled and liGUila,ed
~" and thcr shall have power and autEOrit,
~ 70 transfer and give title to all Ike asset:
'I ard property of the corporation and
~ distribute tie proceeds In case of death
u .~ disability or RESIGNATION of one q
more, commissioners tie vacancy shal
~" lie filed by the surviving or remaining
4 cor,r,;s-io1er or commissioners.
q ,prrcrE,.It
III 49,, ~ ;.,,.,r,,o,,a,;,,, NOV, -, mol
re i'o','',.i ~. .i,.-,,i or IA ccr,o,
81 h. ,i,s,",,.i 49,, tLe asteu
nc ~ ~, .''> - ti,.. ca,;t,l st,rt
Oh "a M 'I;I 49, r.,'~.e..rt,d =.
non SUI .',;l,'r ,h L,n,.lL,lI,r.
ohS ,'.'','i TO- s.'cl, ,,,r,,c.cs .ft,r rr,
thT "a Ill 49,. len ,;r,., !;
-, on, n, mot. news :,,crs tullis.c,l in tn
~, Paris, OF VcrmiIior, Louisiana. once
rl ~ during ,hc thirty savs rc>
the n-cccfiug such meeting. ard by not'c
,,..t, mailed AT least FORTY DAVIS prior to sr,'
81 mrr,iro 70 each stock ho ,drr wEOaTpca,
"a rs inch on the books Of the Compar,
49,, 70 fine most office. address DESIGNATED Il
80 him and in case Of failure to dcsicra;
~, an address. to the general deliver,
H.. ruth Louisiana. ANY change whir
i, ,ua,. Inc DroooSed or made. in reft rene
oroI - thc capital stock of said corroratio,
49, ybich shall lie made i'll accordance wit
e..,I tho laws of the state Of Louisiana, G
,o,,t the subiect matter of alternating Il
,;,,,[ anourt Of capital stock of corporation
,i,c and Il may be increased or ,liminisht
;,,1r unor compliance Herewith upon Il
Iii affirmative vote of two-thirds of II
H. stock of the CORPORATION.
lonl, No stakeholder shall ever be he
- I;oi1. or resnousil,l,. for the contracts