The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1917-11-03

Board shall have power, without referring
to the stockholders. 70 borrow money ex>
ecute mortgages, issue notes, pledges.
bonds. or other Obligations, IN such
amounts and under such terms as IN their
Judgment may be advantageous; and gen.
orally to do all things reasonably neces
sary or convenient for The proper carving
out of the business Of the corpOratinn;a d
hey are specially authorized TO Issue and
deliver full shares Of stocks and bonds or
other obligations Of the n,npanv N paw
ment Of pr p-rtv acquired hy >aid corp }.
rltton, ana specially f.r the bu>in now
operated by ". X ma ,ton 20 Inc. IN
Morgan city. La at such v4tua,lun as IA
their u iginent may be proper.
majprity OF the Director, shall con.
stituie Quorum for the tr nsnctiyn y,
business. At any m .eiinr OF the Board
Ut Directors. any Direc, Oh aDsAtt from the
meeting may be represented bs any other
Director. "ho IN cast The VOTE ol the
absent Director according % written III
strucions, elmer general or >pe,lai. oi
said absent Director.
Uni! he ahnu j meeting Of 1918. the
Board OF Directors .hali C,n~iSt OF the fol.
Loving:
Names: P.etofce Il ress.
Mrs. l. X mardon, Franklin. -
w X. >uiardon. .
hrs olive Wright >man Colt, :.
VI the fores ing, 4. h. ,marann sh at
ne President. WIS. l.. Is. Smarlpn. VIC
President. Mrs. Oiive Wrish,smau Cot,
Secretary Treasurer.
ARTICLE VI
This act Of INCORPORATION NAV be
chsuged. modified or ameu,ied, or thi,
corporation may be dissolved IN he MN
ner provided bt law by vote OF Two
thirds Of the entire outstanding capital
stock present Or represented. AT geue-
raj meeting Of the Stockholders convened
for such purpose, after Prev u notice
shall have BEEN glveAin IN, ua,.ner allow
required to be givenot tht.a MI i meeting
Of the cOrpolalIan. Tue c.iitt >t,ck .,
the COMPUTATION may. b. ,Incre,- Il ~ d.
creased by pr"cee iing>lu ',c: "a ~ ( IA
the laws vi the state ., Louisiana.
ARTICLE vi
II this corporation shall be dis.oivei.
efth.r by iitnitailon Or irn.n any U rer
cause. rs an ISIS >htii be ligul a;sd u, va
III coinini> -iolrr, u be u ,.ui.tts i a a
meeting OF ~ ,cknultl-r> coo, n~.it 5r thr
purpose d, h4lni t,on. a:tI ~ ne i c d
b, avCte 1T All Ihr sock I"itcss AID
iIqui iatols shall rem lin ia OIL. utrt lite
affairs OF the sand cor ,oIatlJn -Hhtl have
been fully tti.d and 10 ,at,ri,- aud
They shan have TAI ;,oHe, Il autnu IL, |
to transfer and give t,tIe H. At h. y o,,rr =,
~ aud assets oi the corp tael ~, All T.
distribute the ucee =. L. clse II 'tcaf b !,
or rehig.lIion 81 rte " nlvir |
liQutlatur>, the vaciu y Il .,i Dc .i,led Dy |
The surviN or n SURVIVORS
ARTlCLr VII
No st0ckhOi 81 shat. ep4 + ne neid liable |
Dr teSp1u>iDie iut he co II ,rt> 81 Ituit !;
II the e. puia n ~ tns tat III IN, |
~ am ,uni ,V;i, - rs III at ,tal y ~
Inc >ba. =, If >tttS ava i ~ h,tD, lf,
snail al, mi, N dits III OK at!& .l,au nave
he effect Of rcnd ia, thi, "a .rtrt u4ii II
exp sing any stockhD.d~r u any tiabalty
Dtmer than ~ ah"vep nvi /.
Nd. "a masr ta,t tnl> ratter tuty
>erve Ms 'ne .rEinai ,nb- itptttp ti>t ne
-uhsctier 81, re.p Lav- la tita d rppr-t z
htl re>p.cu. >igHi tus Is aud pJ-leff =
nilte>s The nu,aber " sis,es ., STU
-ub.c' lbed for by each % them.
T"u> GOA. ami PASSED at m. Office this
lay mo tn aud y -ar d ST An"ve .Ittcn
u The pre-.ucs Of Que H.. ,eri aud
GEORGE > .-.is. com Je,ei AI.ne,,,s. vho
iav. her unit subj iite,i ..ei. tame.
ogein.r witt M, N,tAt,. a-.f sal. ap,
,earer-, ai'"r due read ng Il tDe ah,...
;. ~. m ain" l'c D s., K
n ri a. * 81 =, ort-
Al. ,a's-
mac. ~ II. =, go.
/ X SnIGna. tf~nti,n, Ia, Four
= ares
onvs ~r'ghtsman Gott, Franklin. La,
me Share.
Ihas. H"tt, Franklin "a. ~ -~r .,ra=.
Lilac hBs r,
;. iKlLs
II ,.. o.. LIZ,
X aua Ia, .tuD,tan