The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-05-04
ARTICLE VIII.

following stockholders shall compose
The officers and directors of this cor
poartiOn:
A. R. McBurney, Welsh, La, Pres
ident and Director,
George W. Cosner, Welsh, La,
Vice-President and Director,
A. P. George, Welsh, La, Secretary !
Treasurer and Director,
Charles F. Jeter, Welsh, La, Di-
rector,
S. NJ. Watkins, Welsh, La, Di-
rector.
ARTICLE TX.
The President or Vice-PreSident, act ,
ing as President, shall have power, in
the name and on behalf of this cor
poration, to authorize the institution
of any suit or any other proceeding,
after having been so instructed by the
Board of Directors. They shall, like
wise, have such other powers as are
conferred upon them by Section 16 of
Act No. 2G7 of the General Assembly
of he State of Louisiana for the year
I1914; provided that the said powers
NAV be modified, limited or denied
to them by the laws of this corpora
ton or by resolution of the Board OF
Directors.
ARTICLE X.
This act of incorporation may be
modified, chai\ed or altered, or the
Icapital increased or decreased, in ac-
cordance with the provisions OF said
Act No. 267.
ARTICLE XI.
No subscriber, stakeholder or trans
ferree of stock shall ever be held ia
BILE or responsible for the faults OF
this corporation in any further sum
than the unpaid balance due on his
subscription or on the stock trans
ferred or held; and no transferred
shall ever be held liabe unless it be
shown that he acquired the stock with
knowledge of the conditions whlcG
would make the subscriber liable; and
where both subscriber and trans
Iferree are liable, the liability shall be
in solido. and shall continue after the
disposal of the stock. No mere IN
formality in organization shall have
the effect of rendering this charter
null, or of exposing stakeholder &c
, anv liability other than as PROVIDED
lin this charter.
ARTICLE XII.
, In the event of the dissolution o
!, this corporation for any cause what
ever, its affairs shall be liquldatet
and settled by three commissioners
; appointed and acting under the pro
e visions of the act under which TIL
3 corporation is incorporates; ant
. their compensations and bonds, l
I any be required, shall be fixed at tn
d stockholders meeting at which the
: are elected. They shall remain in of
e flee until the affairs of the corpora
. ton shall have been fully hquidate
q and closed. In case of the death, in
! ability to act, permanent absence Q
| resignation Of one or more Of sal
n liouidators, the remainder shall cor
II tinue to act as full board until con
: plete liquidation has been effected
3 ARTICLE XIII.
Al The name, amount of stock su!
~ scribed for, and the post office al
dress of each subscriber to the cap
tai stock of this corporation, in a.
. dition to the incorporators, are upt
= Exhibit "A", which is attached
- this charter as a constituent pa
If thereof, and same is to be read
re connection Herewith. All perso
tx whose names appear thereon havil
ed by said act obligated themselves
s. receive and pay for at par value t
he numbers of certificates Of stock ther
on by shown. :.
Thus done and passed at my off
in the Town of Welsh, Louisiana,
is the day and date fixed hereinabo
ar- written, in the presence of r.
Of Howard and Jim Cline, compete
all witnessesS who hereunto sign w
it said parties and me, notary.
it'll A. R. McBURNEY, Welsh,
dy G. w. COSNER Welsh, La.
tn A. F. GEORGE Welsh, La.
CHAS. F. JETER, Welsh,
S. M. WATKINS, Welsh, L
ep.. Witnesses:
OF R. W. HOWARD,
MS JIM CLINE.
tn@ Before me,
the JOHN T. HOOD, Notary Public.
ess EXHIBIT IA"
the State of Louisiana.
pht Parish of jefferson Davis.
'uli Before me, the undersigned
airy public, duly commissioned
qualified, in and for said parish
,or- state, and in the presence OF
han and G
old petent witnesses, on this day pers
irst ally came and appeared the pers
ally whose names are hereunto signed,
as who declared to me, notary, and
cted said witnesses, that they have by
ne,r instrument subscribed and paid
,lect in cash or it's equivalent, as he
t, a shown, for the number Of share:
and the capital stock of Mutual W
OPP house Company, Inc, as indicated
two posite our respective names.
son. Thus done and passed at my
uor- flee in the Town of Welsh, Louisi
ap- this 22nd day of March, A. D.
yees, Before me, n,
y be JOHN 7. HOOD, Notary ~
rter, Witnesses:
0 fill R. w. HOWARD,
any JIM CLINE.
M q cL.4o 90 oI,;Siana