St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-03-04

pointed need not necessarily be
Directors or stockholders
and two or more Of their officers
may be merged in n should the
Board of Directors see fit.
The Board Of Directors shall be
vested with full power and author
ity to make all contracts, pur-
chases and sales, and to adopt all
bylaws, rules and regulations for
the conduct of the business of the
corporation, and alter, amend and
change the same at pleasure, and
in general to do and perform all
things necessary in the transaction
and management Of the business and
affairs Of the corporation.
At all meetings of the Board of
Directors each Director, including
the President or presiding officer,
shall be entitled to one vote.
The following named persons
shall constitute the first Board of
Directors and officers of the carper-
alton under this charter, and they
shall hold their offices until the
18th day of January, 1917, or until
their successors are elected and
qualified, viz:
BOARD OF DIRECTORS: Jos. A.
Sibille, v. H. Sibille, Frank Sibille,
Roland Sibille, Aaron Perry.
OFFICERS: Jos. A. Sibille. Pres
ident; Y. H. Sibille, Vice-President;
Aaron Perry, Secretary and Treas
urer.
ARTICLE VI.
This act of incorporation may be
modified, changed or altered. or
said corporation may be dissolved.
with the assent of three-fourths of
the capital stock represented at a
meeting of the stockholders con-
vened for such purpose in the man
ner provided in ARTICLE v hereof.
Any change made or proposed
IN reference to the capital stock
shall be made in accordance with
the laws of this State on the sub
ject of altering the capital stock Of
corporations.
ARTICLE VII.
No stakeholder shall ever be held
Liable for the faults, contracts or
obligations Of this corporation in
any further sum than the unnaid
balance, if any, due to the CORPORA
ton on the shares subscribed for
or owned by him, nor shall anv
mere informally in organization
nave the effect of rendering this
charter null or exposing IN stock
holder to any liability beyond the
unpaid balance due on his stock.
The subscribers hereto have re-
spectiyely written opposite their
names the amount Of stock sub
sfrlbed for by them in this corpor-
alton, SO that this act Of incorpora-
tlon may also serve as the original
subscription list Of the corporation,
ARTICLE VIII.
whenever this corporation shall
be dissolved either from limita-
ton or otherwise, its affairs shall
be llquldated by three ~ commits
sloners, to be elected by the stock
holders at a meeting called for
that purpose in the manner proyid-
ed for in ARTICLE v of this
charter, and a majority in amount
Of the capital stock represented at
such meeting shall be requisite to
elect said Commissioners. The
commissioners shall remain in of
lice until the affairs of the
corporation shall be fully liqui-
dated, unless sooner removed by the
stockholders at a meeting duly con
Voked. In case OF the death res
lgnat1on or inability to act of either
OF all Of said commissioners, the
vacancy or vacancies shall be filled
by election at a stockholders meet
ing duly called as provided for in
ARTICLE v hereof, and pending the
election to fill said vacancy or va
eancIes and the qualifications of
the new commissioner or commits
sioners. the survivor or survivors
shall continue to act.
THUS DONE AND PASSED. at nv
efiice IN the City of Opelousas. st.
Landry Parish, Louisiana, on the
day, month and year first herein
above written, in the presence of
Dudley L. Guilbeau and Lila payy.
two competent witnesses both of
lawful age and residents of said
parish, who have signed hereto to-
gether with said subscribers and
me, Notary, after duereading of the
whole.
~ TR aCiHouonS