Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1917-03-16

purchasing same, after which thirty days
notice the said stock may be sold in ope,
~ irket.
Each share of stock shall entltle the
, ..,ner thereof either in person or b!
proxy, To cast one vote AT all genera
meetings.
No stakeholder of this corporation shal
ever be held liable or responsible Tor The
contracts or faults thereof in any further
sum than the unpaid balance due the
Company on the shares Of stock sub
scrbed for or owned 10y him, nor shall
any mere inlormality in the organization
have the effect of rendering this charter
null, or Of exposing stakeholder to any
stakeholder to any liability, beyond the
unpaid balance, il any, of his stock.
ARTICLE SEVEN.
The corporate powers of this corpora
ton shall be vested in and exercised by
Board of Directors composed OF three
stockholders, who shall he elected 10y a
LA iurity vote of the Stockholders of tins
corporation, said stock to be voted 10y
ia. owner thereof, or by some person by
him duly authorized in writing, and each
lar of stock To- be counted ~ one vote.
The Euard Of Directors shall he elected
at the regular annual meeting ol the
Stockholders hereof, which said meeting
si.ali Ice held at the domicilc Of This cor
poration on the third Monday in Febru-
AIRY, A. ID. 1918, and annually thereafter,
after the giving of ten days notice III
writing mailed to each stockholders last
known address of the time and the place
of the holding Of said meeting.
\ failure to hold such election, or, il
held. To elect a Board of Directors shall
not dissolve this corporation, nor impair
lis corporate management, but the Di-
r,ctorS then in office shall remain in Of
lie" with powers nnimpaired until the r
successors are elected and qualified.
Immediately after their own election.
the said Board of DiectorS shall convene,
and shall elect, from their own members,
Il president, Il vice-preSident and Il secrc-
tary-treasurer Such officers and Board
of Directors shall serve until their sue
cessors shall have been elected and shall
have qualified.
Special meetings oi the stockholders
may be held at the request of any three
stakeholder, after ten days notice in
writing. As above provided, stating the
object oi such meeting.
Highland, shall have the right to an
point any shareholder of the Company
to vote for him at any meeting of the
Board OF Directors, and such proxy shall
have and exercise all the powers OF such
director appointing him.
The Board OF Directors shall have full
power to fill vacancies in their number
caused by death, resignation or other
Il 4,
cooperation.
ARTICLE EIGHT
vi notes and evidence of Indebtedness
muSt he signed by the president, or vice
vice president, and countersigned by the
secretary treasurer, and this corporation
shall not be responsible for any debts
created by any of its officers, in excess OF
the ..um OF Five Hundred Dollars, unless
same shall be authorized or approved by
a resolution of the Board of Directors.
ARTICLE NINE
Whenever this corporation is dissolved,
by limitation or otherwise, its affairs
the manner laid down and provided by
Section 80 of said Act No. 267 of the
General Assembly of this State, APP
proved July 9th, 1914.
The capital stock of this corporation
may be increased in the manner and
form provided by the general laws OF
this state for the increase of the capital
stock of such corporations. 1t may di-
minish in amount after complying with
the same requirements prescribed by the
general laws of this State.
The charter may be amended, other
wise than to increase or diminish the
capital stock, in accordance with the
manner laid down and provided by Sec
ton Six Co of said Act No. 267 of the
General Assembly of this State, approved
July 9th, 1914.
ARTICLE TEN
Until the first regular meeting OF the
of this corporation, the
Board of Directors shall consist of IIar-
rison G.. Miller. of Highland, La, who
Owls in his own right and unpledged
forty-nine (49) shares OF the capital stock
Of said corporation; Bolton Smith, OF
Memphis, Tenn, who owns in his own
right and unpledged forty-nine (49) shares
of the capital stock of said corporation.
and Thos. Nj. Wade, Jr., who owns in
his own right and unpledged two CD
shares of the capital stock of said corror-
alton, with Harrison G. Miller as Presi-
dent, Bolton Smith as Vice President
ana Thos. NJ. Wade, Jr., as Secretary
Treasurer, and they shall hold their re-
Spective offices until their successors shall
been elected and shall have qualified.
Thus done and passed, at my office in
the Town OF st. Joseph, Parish of Ten
as, State of Louisiana, on the day, month |
A nd Al, -,
the presence OF +. f. Newell and Josiah |
7. Scott, competent witnesses, who here !
INTO sign their names with said appear !
Frs and me. said Notary, after due read !
ing II the whole.
HARRISON C.. MILLER,
per pro Thos. VI. Wade, Jr., Agent.
BOLTON SMITH.
per pro Thos. VI. Wade, Jr., Agent. /
THOS. VI. WADE, JR.
Witness: