The weekly Iberian. (New Iberia, La.) 1894-1946, 1916-01-01

Nevil q. Henshaw. Charlottesville.
! Va. Eighty Three Shares.
Harold NJ. Henshaw, Youngsville.
Lsfay cite Parish, La. Eighty Three
Shares.
J. Robert Perry, New Iberia, LA.
| One Share.
The Board of Directors thereof
shall have power to determine how
much additional stock shall be issued
l within the Limitations prescribed by
! this Charter.
ARTICLE v.
/ The corporate powers of this corpo-
ration shall be exercised by board
of three directors who shali be stock
holders in this corporation. and who
shall be elected by the stockholders
!anually at general meeting to be
held on the First Thursday in No
Ivember and the said Board shall
have and Is hereby vested with, all
| ton. subject only to such restrictions
as may be herein mentioned.
| From the said Directors there shall
be elected annually a President.
/ Vice President and Secretary
\ Treasurer of the said corporation.
The following persons, each OF whom
are and do each declare themselves
| to be the bona tide owners of at least
Zone unpledged share of stock in this
Tcorporstion, will constitute the first
Board Of Directors, to-wit:
/ Charles &. Henshaw, whose postoi-
| flee address is Avery, Iberia Parish .
Louisiana, j. Robert Perry, whose
address il New iberia. Louisiana, and
Harold M. Henshaw whose postoffice
address is Youngsvflle, Louisiana.
/ The said Board of Directors above
named shall continue in Office until
their successors are elected. Each
Board of Directors at the first meeting
after their election. shall elect officers
/ for the corporation as hereinab0vc
| provided, who shall likewise hold OF
\ flee for one year.
| Notice of stockholders meetings
| must be delivered personally or by de-
I posting same in the postoffice. prop
| erly addressed To each stakeholder,
at least fifteen days before such meet
| Ing. Other stockholders meetings
\ may be held when ordered by the
Board of Directors or the holders Of
at least twenty five per cent Of the
outstanding stock.
[ The Board of Directors shall APP
point a stakeholder to Act as commits
sioner at elections of Boards of Direc.
tors, and In the event Of said commits
sioner failing To be present at the
time fixed for a meeting. the Presi-
dent shall appoint another stock hold
err in his stead.
4 Failure from any cause TO elect di-
reetors on the day named for the pur-
pose, will not dissolve this corpora
ton. but the directors in office as well
as the other officers Of the Company.
shall hold over until their succ. ssors
are chosen. In such event the Pre- ST.
dent shall cause another election to
be held within thirty days, and at a
date and hour named by him. giviup
the notice to the stock holders as
CURED by law.
4 At every election aud meeting earh
stakeholder shall be entitled tn on ;
vote for each share of the capital stoe.
OF the corporation Standing H. t's
name. and he may vote sucb etock
written proxy gwen to anv 81 hes 'pe1
Fon TO represent Eins at suon meeting
/ The election of Directors shall be ~
ballot and the majority of the ainouif
! 1T votes cast shall elect the person or
persons for whom they have been
cast.
! ARTICLE vi.
The Board OF Directors shall frame
and adopt such by laws ard rules and
regulations ~ the affairs and the
business OF the corporation may re-
quire and as il may deem necessary
for the conduct aud management