Le MeschaceÌbeÌ. [volume] ([Lucy] La.) 1853-1942, 1915-01-30
Any stockholder may sell OF

ton, provided thirty days prior
notice of such intention to sell or
transfer the same shall be given
to the Company, and the other
stockholders thereof shall have
the first privilege of purchasing
same; after which thirty days
notice, the said stock may be
sold in open market. The stock
of said corporation may be trans
ferred under the above provision
provided such transfer thereof be
made on the books of the Com
pany, at its office, and at the
surrender of the certificate here
for.
This Corporation shall COM
mence doing business as soon as
Three thousand { S 30O0.00l dol
lars of the capital stock snail have
been subscribed for.
ARTICLE "
The corporate powers of this
company shall be vested in and
exercised by a Board of Three
Directors consisting nf the Presi
dent, Vice-President and Secre-
tary- Treasurer. Two If said
Board shall constitute a quorum
for the transaction of business.
The following shall constitute the
first Board of Directors: PAUL
BERTHELOT, President, WILL
LIAMJ HART, Vice President,
EUGENE DUMEZ, Secretary
treasurer.
No person shall be eligible as a
Director who is not a stockholder
of this corporation. This Board
shall continue in office until the
First day of May, 1915, on which
date and annually thereafter on
the first day of May, the Board
of Directors shall be elected each
year. Notice of such election shall
oe given by registered letter
directed by the Secretary-Treas-
urer to each of the Stockholders
of the Corporation. Any failure.
from any cause whatsoever, to
elect Directors on the day named
for that purpose, shall not dis
solve the corporation, but the
Directors then III office, shall hold
over until their successors are
chosen. At every election ana
injecting, each stockholder shall
be entitled to vote for each share
of STOCK registered in his name
upon the books of the corpora
ton, and may vote by proxy.
The election of the Board of
Directors shall be by ballot.
ARTICLEV
The Board of Directors shall
have full power to fill vacancies
caused by death, resignations or
otherwise, from among the stock
holders of said corporation. Saia
Board shall have full control of
the property of this Company,
! and shall so coLduct, manag and
use the same, as IN their discre-
tion they may deem fit, and that
is consistent with the objects ef
This corporation, or the welfare
Of same. Said Board of Directors
shall employ ell officers or agents
servants or clerks they may deem
necessary for the conduct of SAID
business.
ARTICLE VI
This Charter may be changed.
modified or amended: the Capt.
tai stock inc. eased or decreased:
or same may be dissolved at a
general meeting of the stock
! holders convened for the purpose,
i with the assentof three-fourths
of the capital stock present or re-
presented at such general meet
ing. In case of dissolution or
termination of this corporation
by limitation or otherwise. the
liquidation fits affairs shall be
conducted by three commission
ers. selected from the stock
holders, at a meeting called for
that purpose. as above set forth.
Said commissioners shall relnaifi
in office until the affairs of sac
corporatisn shall have been jul,
lliquidated In case Of death oi
lone or more of said commission.
ers. the survivors or Survivor
shall continue TO act.
ARTICLE VII
No stockholder Of this cor orr
ton shall ever be held liabla q
responsible for the conefac S d