Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1914-11-21

vicepresilent, and J. Otto Broussard.
Secretary Treasurer
The President. or in his absence the
NiCe-President of this corporation shall
have power i'll the name and in behaIfo of
the corporation, to authorize the institu
ton of any suit and other legal proceed
inSS, as authorized bv Section Is of Act
No. 267 of 1914
ARTICLE VI
At meeting of the stockholders dull,
called for the purpose, by the vote Of
two-thirds of all its stock, these articles
of incorporation may be amended mod;
fed or changed, in any manner con
farnable to the laws of this state. in
GLIDING the increase or decrease OF rs
capital stock. Provided, however. that
the objects and purposes of incorpora-
ton shall not be changed, and the cant
tai stock shall not be increased to more
than the maximum permitted bv this
charter. nor decreased To less than .h,
corporate indebtedness. 4 change ~
objects and purposes NAV, however. To-.
voted bv all stock issued and an iucreas.
of the capital stock in excess of the
amount named as the sum TO which the
capital stock may be increased NAV b..
made by three fourthS of all its out
standing stock
Certificates of amendments shall be
executed and filed in the same manner
as the original articles of incorporation.
ARTICLE VII.
Whenever i'll the Judgment of the
Board of Directors it shall be deemed
advisable, and the benefit OF this cor
pOration. that it should be dissolved the
Board within ten davs after the adoptiou
of resolution to that effect. BY a ma
JOrity of the whole Board, at a meeting
called for that purpose of which meeting
each director shall have received at leas,
three day notice, shall cause notice OF
the adoption of such resolution TO be
mailed to each stakeholder. together
with notice of the stockholders
TO be held at the office of the cor
poration. to take action upon the reso-
luton SO adopted by the Board of Di-
rectors. The meeting of the Stockhold-
ers shall be held at any hour fixed bv
the Board of directors between the hours
of 10 O'Clock i'll the forenoon and i'm
the afternoon of the dav so named. On
the day so appointed the meeting NAV.
bv concent of the majority in interest Of
the stockholders present. be adjourned
from time to time. and if, at anv meet
ing original or adjourned. two thirds i'm
interest of all the stockholders of the
corporation shall vote that a dissolution
shall take place. a certified copy of such
resolution, signed by the presiding Of
hcer and secretary of the meeting shall
be filed i'll the Office of the Secretary of
State, together with list of the names
and residences of the directors and
officers. certified TO BY the President and
Secretary OF the corporation. Upon the
Secretary of State issuing a certificate
that the foregoing documents have been
hled. the corporation shall stand dis
solved and the Board shall publish a
notice OF said dissolution not less than
three times Ill paper published in Abb
beville. La. and the corporation shall
proceed to settle up am; adjust its bust
ness and affairs. Should all the stock
holders consent in writing to a dissolu-
ton. no meeting or notice thereof shall
be necessary.
ARTICLE VIII.
Upon the dissolution in anv manner of
this CORPORATION. the stockholders shall
elect from their number one or more
liOurators with or without bond. with
tdll power to settle its affairs, collect the
debts. sell and convey it's
property. paw its debts and divide the
remaining no"cv and property among
tile stockholders. and such other powers
as are vested in such liqulators bv the
laws of this State.
ARTICLE IN. o.
No s'ockhol'ler shall ever ~ held
liable or responsible for the contracts or
faults If this corporation in anv further
sum than for any unpaid balance on the
$ ocl; fer which fe has subscribed. nor
shall any mere informalitv in oryaniza-
ton hive the effect of rendering this
harter null or exporting stockhOl,ier
to any liability other than above pro-
vided.
The subscribers hereto have set oppo-
site their names tie number of shares
sui scribed by each of them. IN order that
this charter NAV serve also as the orig
lnal ST description list. and also wheth,r
said sto' k subscribed shall he paid for in
cash. or services, or property to be con-
veved to said corporation. Where sub
scrlptions to the capital stock consist Of
property, there is annexed to this char
ter to he read i'll connection Herewith, an
detailed and itemized descrip-
lion of such property. as to amount,
location. extent. character and state of
together with statement
Of its value as appraised by the direc-
tors.
Thus done and passed. at my Office, at
Abbeville, Nermilion Parish. State Of
Louisiana, in the presence of Messrs.
Francois M. Leguenec and Jules J.
Broussard. good and competent wit
1esses. who have signed their names,
with the appearers. and me, Notary,
lfter due reading of the whole, on the
lay, month and year first above written.
(Signed)
Frank A. Godchaux........1,3 $40 Shares
|. o. Broussard. ................. 10 Shares
Mrs. +. A. Godchaux, ........ 10 Shares
by ]. D. Broussard.
2obt. +. Putnam. 10 Shares
Witnesses:
Sipued) T. NJ Ieuueuac