St. Landry clarion. (Opelousas, La.) 1890-1921, 1915-04-03

be a s~t0ekIlofder; all Sucn OIlceFs
and directors shall hold their re-
speetive offices for a period of one
year from the date IF their election
or until their successors r cleo
ted, but the failure to hold an an
nual meeting of the stockholders, or
to elect officers as above provided,
shall not result in the dissolution
of this corporation or otherwise
affect its business but the then
Board Of Directors and officers
shall hold their Offices until their
successors are duly elected. Any
vacancies occurring III sid Board
of Directors shall be filled by the
remaining members Of line Board Of
Directors for the uneI.ired term
at d meeting called for tins pur-
pose. Said Board of Diract)as shall
have the power to make al bylaws
and rules for the pur-
pose of the proper manage
ment and conduct of the Affairs OF
this corporation and to change
alter or amend sanle.and II in
crease the members Of Direct.,r rs
when they deem it the interest uf
the company.
The first Board of Directors OF
this corporation are hereby de-
clared to be for the first yea
C. w. krotz, a resident of Krotz
Springs, La, who has subscribed
and paid for twenty f20l shares
of common stock: i. <. Doak, a
resident of Krotz Springs, La, who
has subscribed and paid for twenty
200 shares of common stock, Alya
Krotz, a resident Of Krotz Swings,
La, who has subscribed and paid
for twenty (20l shares of common
stock, with G. ". Krotz, President,
Alva w. Krotz Vice President. ].
K. Doak, Secretary and Treasurer,
Zone person may hold the offices OF
Secretary and Treasurer who shall
hold their respective offices I'M
til their successors are duly cleo
ted.
IT shall be the duty of the Pres
ident of this corvoration or in the
event of his absence or inability to
act, the Vice President, to call a
special meeting of the Board of
Directors, or of the, stockholders
on a written request to that effect,
signed by two or mere Directors, or
upon the written request of the
holders of the majority Of the
stock. The stockholders or the
Board of Directors may increase the
numbes9 of Directors at any time,
when either the Board of Directors
or stockholders deem it TO the
interest Of the company to do SO.
ARTICLE Vt.
This corporation may be dissolved
by a vote of three-fourths of the
Capital Stock, at a general meeting
convened for that purpose, in the
manner above provided for
the calling Of meeting. When
this corporation $ dis
solved either by limitation or
otherwise. its affairs shall be liqul-
dated by a Board of three liquidat-
ing commissioners, To- be elected at
in any part Of the United States, or
world; to build. construct, purchase,
acquire, and operate anyl and al
kinds Of hotels, restaurants, saloons,
lighthouses, swimming pools, fish
ponds. sanatariums, paxilIions, club
houses, dance halls, opera houses,
and any and all other kinds OF
place for amusement, to build, con
sstruct, purchase acquire and oper-
a general meeting Of the stock
holders to be called for that pur-
pose.
ARTICLE VII.
This charter may be changed, al
tered, o + amended. and the capital
stock increased or decreased, by a
vote of two-thirds of the capital
stock at a general meeting called
for tina purpose after thirty days
prior notice in writing having been
sent to each stakeholder at his last
known address.
ARTICLE VIII.
No stakeholder shall ever be held
liable or responsible for the con-
tracts or faults of this corporation
or It's officers. In any further sum
than the unpaid balance due the
company on the shares of stock
held by said stoekholder. o shall
my mere informality in the organ
ization herein described have the
effect of rendering this charter null
nor any stakeholder to any loss or
liability beyond such unpaid ball
anee due on his stock.
The number Of shares and
amount Of stock subscribed and
paid for in this company and the
names of the parties subscribing
for the same are hereto attached.
ARTICLE IF.
The majority Of stock voted at any
meeting shall control. and major
ity vote Of the Board Of Directors
at any meeting shall control.
Thus done and passed in my