The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1916-12-30

their successors shall have been elected
and qualified at the first annual meeting
Of the shareholders as hereinabove pro
vided. In case of vacancy from death.
resignation OF otherwise. the Board tt
Directors shall elect a successor.
ARTICLE Is.
When this corporation 5 dissolved 10y
limitation or by any other cause its at
fairs shall be liquidated and its debts
and liabilities paid. and the balance OF
its funds. if any. shall be divided ratably
among the shareholders, under the
charge and superintendent Of three
commissioners 10 be elected by = ma
jority in amount Of the stockholders. at
a general meeting OF the stockholders
held for that purpose. convened after
thirty days prior notice served in writ
ing on each of said stockholders 10y the
Secretary of this Corporation SAID
Commissioners shall Remain in office
until the affairs Of said Corporation
shall have been fully liquidated; and in
case OF death of one or more of said
Commissioners, or vacancy from any
other cause occurring in their number.
those who remain shall continue to act.
Such vacancies may be filed at gem
eral meeting held for that purpose in
the manner hereinabove provided
ARTICLE :.
This act of Incorporation may be
changed, modified or altered. or the
corporation may be dissolved with the
assent of twO-thirGs in amount Of ca9i-
tai stock at general meeting of the
shareholders called for such purpose,
after thirty days notice given as here
inbefore provided. Said special meet
ing, however, may be called AS above
provided, only on the written request
of at least two members representing
at least one-tlfth OF the capital stock OF
said Corporation.
ARTICLE :.
No stakeholder Of tins corporation
shall ever be held liable or Responsible
for its contracts in any further sum
than the unpaid balance due on the
shares of stock owned by him; nor shall
any mere informality of organization
have the effect o. rendering this charter
null, or expose any stakeholder to any
liability beyond the amount he owes on
his stock.
Thus done and passed at my office in
the town OF Tallulah, Parish and State
aforesaid, in the presence of J. V. Sc
vier and l.. NJ. Spencer, witnesses of
lawful age residing in said parish, who
hereto sign their names, together with
said parties. and me Notary, on the day
and date first herein written, after due
reading of the whole.
DR.. H. c. SEWER, 10 Shares.
GEO. SPENCER. 10 Shares.
j. ID. SEWER, 3 Shares.
G.. w. SEWER, ) Shares.
NJ. BLOOM. 10 Shares.
BY A. Bloom.
A. BLOOM. II Shares,
NJ. LEVY, 8 Shares.
By A. Bloom.
NJ. SAIEwITZ. 3 Shares.
By A. Bloom.
Witnesses:
J. V. SEWER,
l.. NJ. SPENCER.
(SEAL) JOHN. +. YERGER,
Clerk 9th Dist. Court ard
Ex-Oificio Recorder.
CLERKS CERTIFICATE
State Of Louisiana.
Parish of Madison.
| hereby certify that the above and
foregoing is a true and correct copy of
the original Act of Incorporation Of the 1
Bloom-Sevier Drug Company, Inc. on
file and of record in my Office in Charter
Book "a" page 20.
Witness my signature and seal of
Office at Tallulah. Louisiana, the 29th
day of November, A. D.. 1916.
(SEAL) JOHN +. YERGER. |
Clerk 9th District Court and |
EX-Ofiicio Recorder.