The Caldwell watchman. (Columbia, La.) 1885-1946, 1915-03-12
and officers shall be
,L;ob olootiOp zach

to one vote, prONluC" ~
stock holder shall be lmltteu
to vote either in persd or by
proxy, more than tWty-hve
Shares of stock. But failure allure
to hold such election or elect
a new board of directors d o.
fcers at the time indicat here
in shall not have the bet OF
rendering void any act th laIs
done by the board of ectors
herein named or by tho! elece'
ed at the last preceeol elet-
ton, but such directors d Of
ficers shall continue to ercls:ei
their functions and dut until
their successors are eled ,S ana
qualified, The secretart tnls
corporation shall give t dV s
previous written notice 'esa \
stock holder Of the TIM No
place of the holding OF Y an
nual election, provided + the
president of this ,corlalo,n
shall have power to call pet,
ing of the directors or std ola
ers at any time for anp1esr
purpose than that of eled'o1-
fcers and directors.
Article VII
This charter may be a1ed'
or the corporation may is.
solved by a vote of two-tR OF
the outstanding stock, tny
meeting called for that Pse
but at least thirty days ndby
publication in a weeklyRe,r
published in the Parish otid-
we'll, and thirty days wrl or
printed notice to each stoold
err addressed to him at hst
known postoffice address lar
ing on the stockbooks of pr-
poration shall be given, ono
amendment or dissolutionhls
corporation shall be lawfth-
out such notice, and a voqat
least two-thirds of the ou|d-
ing stock voted at such hg
and each share of stock spe
entitled to one vote, subtle
the restriction and llmhs
hereinabove set forth.
Article VIII
When this corporation s.
solved, either by limitation
the manner provided in lie
seven hereof, its affairs 9e
liquidated by two liquig
commissioners, to be eleGy
she board of directors, Will
The required to give bondh
4 amount as the board of OILS
! may fix, for the faithful E
J nance of their duties. b
Article TX y
No stockholders shall eve
liable for any debt of the G.
! alton or for any other of ii
; legations beyond the unpaid
! ton of the stock subscribe
him, and on defect or infor
6 ty in this charter or act o.
corporation shall in any
make the incorporators or $
! holders liable for any Of
! debts or obligations of this
poration except as hereins
provided, nor shall any 4
commission of any diredo
: officer of this corporation
!, the effect of making anyls
= holder liable for any debto
| legation of this corporati9,
yond the unpaid portion bt
stock subscribed by him i
/, inbefore stipulated and Dr.
a ed.
e Article X
This corporation mayE (
the conduct and operatiolo
! business under this chate
y soon as one thousand ddar
g the capital stock shall hae
=, 3 subscribedand paid for, Dr.
. =, ed that the capital stocHf
, corporation may be incr lse
" a two-thirds vote of the Its
ing stock present and vim,
;, any election called for Il
! pose. And it is hereby n
! the duty of the presidepf
- board of directors to cd l
ing of the stockholders DR.
! purpose of voting uponbe
- ton of increasing the cal
! stock whenever a majok
- of the board Of director las
20 any regular lneetin&he
e shall be in favor of chg
81 a. meeting of the stockhdrs
70 that purpose,
~ In faith whereof. theSd
- bearers have hereunt Isle
- their names in my preske
% in the presence Of ]. SG(
- :; and j. A. Warner, both W
tc are residents of the p bh
: Caldwell, credible perNs