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

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and directors shall hold their re
speetiye offices for a period Of on
year from the date Of 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 otherwist
affect its business but the thel
Board of Directors and officer.
shall hold their Offices until theil
Successors are duly elected. Amy
vacancies occurring IN sid BoarC
of Directors shall be filled by the
remaining members of tho Board 81
Directors for the uneSpifed tern
at a meeting called for tins pur-
pose. Said Board Of DireatJ1s shall
have the power to make all 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 same,afd to in
crease the members Of Directors
when they deem it t;la interest uf
the company.
The first Board of Directors OF
this corporation are hereby de
clared to be for the first yeap
c. w. Krotz, a resident of Krotz
Springs, La, who has subscribed
and paid for twenty (20) shares
of common stock; J. K. Doak, a
resident of krotz Springs, La, who
has subscribed and paid for twenty
100 shares of common stock; Alva
a resident of Krotz Swings,
La, who has subscribed and paid
for twenty 800 shares of common
with G. w. Krotz, President,
Alya w. Krotz Vice President, J..
K. Doak, Secretary and Treasurer,
Zone person may hold the offices or
and Treasurer who shall
hold their respective offices I'M
til their successors are duly cleo,
ted.
1t shall be the duty of the Pres
ldent of this %corvoration or in the
event of his absence or inability to
act, the Vice President, to call a
meeting of the Board of!
or of the stockholders
IN a written request to that effect,
by two or more Directors, orI
Upon the written request of theI
holders of the majority of the
'tock. The stockholders or thel
Board Of Directors may increase thel
lumber of Directors at any time,
when either the Board of Directors
II stockholders deem it to the
interest of the company to do so.
ARTICLE Vt.
This corporation may be dissolved
a vote of three-fourths of the
Stock, at a general meeting
onvened for that purpose, in the
above provided for
he calling Of meeting. When
his corporation s dis
either by limitation or
therwise, its affairs shall be liqui-
ated by a Board Of three liquidat-
lg commissioners. to be elected at
any part Of the United States, or
rorld; to build, construct, purchase,
cquire, and operate any1 and al
lnds OF hotels, restaurants, saloons,
ath-ilouses, swimming pools, fish
onds, sanatariums, payillions, club
ouses, dance halls, opera houses,
nd any and all other kinds OF
lace for amusement, to build, con-
purchase acquire and oper- /:
general meeting of the stock
olders to be called for that pur-i
)se. :
ARTICLE VII. {
This charter may be changed, al :
red. or amended, and the capital s
ock increased or decreased, by a
tie of two-thirds of the capital
.ck at a general meeting called |
T tina purpose after thirty days
Tor notice in writing having been
Mt to each stakeholder at his last
Town address.
ARTICLE VIII.
No stakeholder shall ever be held /
bile or responsible for the conf /
acts or faults of this corporation /
its officers, in any further sum /
an the unpaid balance due the q
mpany on the shares of stock
Id by said stakeholder, nor shall
Y mere informality in the organ
tion herein described have the
ect Of rendering this charter null
+ any stakeholder to any loss or
beyond such unpaid ball.
due on his stock. =
The number of shares and II
cunt of stock subscribed and is
d for in this company /, and the d
mes of the parties subscribing q
the same are hereto attached. h
ARTICLE TX. 70
he majority Of stock voted at any IN
citing shall control, and major u
vote Of the Board of Directors he
any meeting shall control FL
.hus done and passed in my
sence. in the Gity of OneJo1sas ~