The Morgan City daily review. (Morgan City, La.) 1916-1920, 1917-10-29

all of said officers and agents t
have such powers as said Board ma.
I, delegate to them by general by
laws or special resolutions and t
hold their office at the pleasure Of
the Board of Directors.
Directors may for a single meet
ing grant their proxy to any stock
holder or other director. Vacan
cies in the board shall be filled BY
the remaining members.
Until the first stockholders meet
ing in 1918, the Board Of Directors
of the Company shall consist of:
Albert F. Storm
Eugene A. Pharr
Lewis J. Bass
Maurice E. Norman
James F. Prohaska
A. w. Pettigrew
Warren B. Reed
Herbert NJ Gotten
C. E. king
Sol Loeb,
which Board shall meet immediate,
ly after the adoption of this act of
incorporation, at the don1icile of the
the remainder of the business year,
and fill any vacancies among the
number.
ARTICLE V.
The annual stockholders meeting
shall be held on the first Monday
after the first Tuesday Of January
Of each year after due and legal no.
tice, at the domicilc Of said Com
pany, which meeting shall elect the
Directors for the ensuing year, as
well as transact any other business
of said corporation coming before
it.
Each stakeholder shall be entitled
to one vote for each full share of
capital stock held by him in person,
or by proxy, provided, however, that
each and every stakeholder shall al
50 have the right at TIER option Of
cumulative voting in the election of
said Directors
Two Tellers shall be appointed by
the Board Of Directors to hold said
election.
ARTICLE VI.
The doraicile of this company is
hereby fixed at Morgan City, Parish
of St. Mary, Stat OF Louisiana,
where all legal process shall be
sorved, a8 provided bv law
ARTICLE vi.
The capital stock OF this company
shall be SEFENTE-aII'E THOU
SAND (ST5,0G0.G0 DOLLARS. d.
vided into SEVEh HUNDRED
FIFTY (750) SH.sTES. O. the par
value of ONE HUNDRED ($100.-
00} DOLLARS each, fully paid ana
n0n-aseessable, ali Of SAID shares to
be of equal rank, provided, however.
that said capital stock my be in
creased as provide by law, not ey-
ceeding TWO HUNDRED TCHUS-
AND (S200,0oO) DOLLARS, such
increase Of stock to be represented
by shares Of the par value Of ONE
HUNDRED 100000 DOLLARS
each, and to be sold for such sums
not less than par, as the Directors
may elect. Stock may be paid for
in cash, or exchanged for services,
or property.
ARTICLE VIII.
Upon the expiration of this Char
ter, either by limitation or action
Of the stockholders, its affairs shall
be liquidated and wolnd up in ac-
cordance with law
ARTICLE u.
This corporation shall become
going concern as soon as FORTY
DOLLARS Of the cap
ital stock has been actually subscrib-
ed for, and this act Of incorporation
may also serve as subscription
list, the parties hereto have affixed
opposite their name the number Of
shares Of capital stock for which
each subscribes.
Thus done and signed at NOR
GAN CITY, LOUISIANA, on the
9Th day of September, 1917, in the
presence Of Messrs. Geo. L. Perret
and Miss Annie George, competent
and me, Notary, after
lue reading of the whole.
Shares SUBSCRIBED ds1 !, cron Is;eneD
50 E. A. PHARR
50 L. S. CLARKE
IA S. NYE BASS
IA LEWIS j. BASS
BY Lewis j. Bass
10 B. A. STORM
10 NJ. E. NORMAN
10 SOL LOEB
10 J. F. PROHASKA
II A. W. PETTIGREW
IA F. F. CHAMPAGNE |
per A. F. Storm
K. S. FOSTER |
2 K. R. HOOD
10 WARREN B. REED :.
10 H. NJ. GOTTEN
8 w. M. GOTTEN, JR.
by H. M. Gotten
1 C. E. KING
10 A. M. GOTTEN
Is w. D. ROUSSEL M. D.
per M. E. Norman
IS MRS. F. BAUER
per M. E. Norman.
,EO. L. PERRET,
ANNIE GEORGE.
ROBT. E. BRUMBY,
Notary Public.
Jerks Office 80. 49,. .....'.