New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-04-15
filed by election by the remain

filled by election by the remain
lug Directors Two Director
shall constitute quorum for tn
transaction Of business.
There shall be a President an,
9 Secretary-Treasurer elected al
nUally' by the Board of Directors
and until the first annual meet
ing III March 1917, the folloWin.
members shall compose the Boart
OF Directors, to-Wit:
Henry y. Pharr, whose address
- Olivier, Iberia Parish, Louisi
ana; Jos. j. Smith, whose address
is Olivier, IBERIA Parish. Louisi
ana: Nentress j. Smith. whose adj
dress is New Iberia, Louisiana.
And the following shall con
stltute the first officers. to-wit
henry \. Pharr, President; JOS
"ph }. Smith. Secretary Treas
urer.
All of the authority in the man
"ement Of the affairs of the cor
poratlon employing agents, lab
orers and employees, in any ca
pacity whatever, conducting and
operating the affairs of the cor
poration within the scope and au-
thority vested by the Charter
shall be vested in the Board of
Directors, who by resolution may
vest the full authority in the
President or any other executive
officer the said Board may desig
nate.
A Director may be represented
at any Board meeting by proxy,
provided there be at least two
Directors personally present at
every meeting. Upon unanimous
vote Of all Directors, the Board
may be composed of five members
the additional members being
elected by the Board of Directors
to serve until the next election.
Three members would then com
pose a quorum.
Article vi.
Notice Of all meetings of stock
holders for election of officers or
for any other purpose shall be
given in writing by tie Secretary
by mail. at least ten DAYS before
the meeting is held, and directed !
to each stakeholder as his name
and address shall appear on the
books Of the corporation. unless
such notice is waived in writing
~ the stakeholder. At all meet
ngs every stakeholder, in person
" by proxy, shall be entitled to
me vote for each share of stock
in his name, and the ma
GRITTY Of votes shall decide all
questions voted upon at said
Meeting.
Article VII.
No stakeholder shall ever be
leld liable or responsible for the
ontracts, faults or, debts Of the
corporation in any other sum than
he unpaid balance due for the
took subscribed to by him, nor
hall any informality in the or
anization have the effect of ,
this Charter null or of
any stakeholder to any
IA ability beyond the unpaid bal
nee due upon his stock.
Article VIII.
This act of incorporation may
e altered, amended or modified, II
r the corporation may be dis ;
olved, or may be merged with
mother corporation by a vote of
in amount Of the cap
al stock represented at any
aneral meeting of stockholders I
allied for that purpose, after Civ F,
lg notice as provided for in Arti- q
[e Six of this Act, and in case Of
issolution or merger, at least a
of the entire stock must
e present or represented at said
eeting of stockholders, and in
use Of liquidation or dissolution
lie stockholders shall elect two
iquidating Commissioners, who
lall have entire charge Of such
in accordance with the =,
over vested in them by the y
OckhOldcrs. The said Liquida-
RS shall fill any vacancy oc-
lrring in their numbers. y
Thus done and signed at New Iberia, Q
arisE of Iberia, State of Louisiana, this 4
4th dav of April. 1916, in the presence d
Messrs. Apbonse Davis and Walter J. r
nrke, good aud competent witnesses, v
no have subscribe these presents with A