St. Landry clarion. (Opelousas, La.) 1890-1921, 1915-03-27

t0A DAOA oAASS@
and directors shall hold their re
spective offices for a period of on
year from the date IF their election
or until their successors are cleo
ted, but the failure to hold an an.
nual meeting of the stockholders, o.
to elect officers as above provided
shall not result in the dissolution
of this corporation or otherwise
affect its business but the theI
Board Of Directors and officer.
shall hold their offices until theil
successors are duly elected. Any
vacancies occurring n sid Boart
Of Directors shall be filled by the
remaining members Of the Board o.
Directors for the uneSpired tern
at a meeting called for tlistt pur-
pose. Said Board of Direas3,s shall.
have the power to MAKE al bylaws
and rules for the pur-
pose of the proper manage
. ment and conduct of the Affairs ot
this corporation and to change
alter or amend same,and 81 in
crease the members Of Direct.rs
when. they deem it the interest II
the company.
The first Board of Directors oil
this corporation are hereby de-
clared to be for the first yeaf
c. w. Krotz, a resident of Krotz
Springs, La, who has subscribed
and paid for twenty (201 shares
of common stock; +. K: Doak, a
resident of Krotz Springs, La. who
has subscribed and paid for twenty
(20l shares of common stock; Alya
Krotz, a resident of Krotz Swings,
La, who has subscribed and paid
for twenty (204 shares of common
stock, with G. ". Krotz, President,
Alva w. Krotz Vice President, j.
X. 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 coryoration 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
number of Directors at any time,
when either the Board of Directors
stockholders deem it to the
interest of the company to do so.
ARTICLE VT.
This corporation may be dissolved
by a vote Of three-fouFths 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 Is dis
either by limitation or
otherwise, its affairs shall be liqui-
dated by a Board Of three Iiquidat-
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
of hotels, restaurants, saloons,
oath-heuses, swimming pools, fish
sanatariums, pavlllions, CLUB
houses. dance halls, opera houses,
md any and all other kinds of
place for amusement, to build, con
'struct, purchase acquire and oper-
! general meeting Of the stock
holders to be called for that pur-
rose.
ARTICLE VII.
This charter may be changed, all
cred, or amended, and the capital
took increased or decreased, by a
1ote Of two-thirds of the capital
took at a general meeting called
or tina purpose after thirty days
,rior notice in writing having been
ent to each stakeholder at his last
noWn address.
ARTICLE VIII.
No stakeholder shall ever be held
liable or responsible for the con-
raets or faults Of this corporation
r it's officers, in any further sum
han the unpaid balance due the
on the shares of stock
cid by said stakeholder, nor shall
mere informality in the organ
,ation herein described have the
feet of rendering this charter null
or any stakeholder to any loss or
liability beyond such unpaid BALI
nee due on his stock.
The number of shares and
mount of stock subscribed and
aid for in this company , and the
ames of the parties s~ubscrlblng
Or the same are hereto attached.
ARTICLE IX.-
The majority of stock voted at any
leeting shall control, and major-
" vote of the Board Of Directors
/ any meeting shall control. |.
Thus done and passed in my
resence. in the City Of 0pelousas,
.arish of st. Landry, Louisiana,
-. $3.50 l.ana.n- L