The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1917-04-07

| amounting to one per cent thereof and thar
| in, and being valued at twenty-five dollars.
(s25}.
No stockholder shall have the RIGHT
sell or transfer his stock in the corporat;as
without giving to the corporation tbrouma
its secretary-treasurer, fifteen DAYS nr;aa
notice in writing of such intention, and -.
stockholders shall have the first priyitsgs
| of purchasing said stock at the book yags
thereof for period of fifteen days from ~
after the date of said notice.
ARTICLE FIVE
All the powers Of the corporation sh.II
vested in and exercised by board of i; II
rectors to be composed of three stoekheIds~aa -
to be elected annually on the third Ssturass,
of February of each year, beginning in Al.
year 1918. A majority of the board shaIs
cons titute quorum for the tran etior -
any and all business of the corporation. iii
such elections shall be made at the oRins
of the corporation and shall be by ballsss
under the supervision of commissions s.
be appointed by the board of directors
Notice of such elections shall be deliysrss
TO each stakeholder in person, or by dapon,t
ing in the postoffice written notice therecs
properly addressed to the stakeholder nc Ill
iast known address, at least fifteen days ha
fore the date of the holding OF said eleetioa
Other stockholders meetings may ba ha.S
when ordered by the board of directors &
when ordered by the holders of twenty-five
uer cent of the outstanding capital stock q
the corpora ton. At all elections and MI Al
meetings of the stockholders each stceE
holder shall be entitled to vote for eees
share of the capital stock standing in Ma
name on the books of the corporation ard
majority of the votes cast shall ajecf
any vacancy occurring among ths directors
by death, resignation or otherwise shall he
fiied for the remainder of the terra by tie
other directors. A failure to elect direetere
On the date specified above shall not dis
solve the corporation nor impair its corporate
management but the officers and directors
then in office shall continue and remain IN
office until their successors are elected asa
sualifad The board Of directors shall elect
from among their number, at their hrst
naeetin9 after election, president, a vies
president and q Observation-Disclosures, all OF
whom shall be stockholders of the corpora
ton The board of directors may from time
10 time name and appoint such managers
clerks, agents and other employees an they
may deem necessary for the purposes aaa
business of the corporation, and fix their
compensation. They may also adopt as well
as amend and alter at pleasure, by-aws,
rules and regulations necessary for the nasn-
agement of the business OF the corporation
ARTICLE SIX.
This act OF incorporation may be modified
or amended, or the corporation may be dis
solved with the assent of two-thirds Of the
capital stock at . meeting of the stock
holders convened for that purpose after due
notice as provided for the calling of meet
ines of stockholders for the election of d.
reetors, and whenever the corporation is
dissolved either by law or otherwise, It'd
affairs shall be liquidated by one or more
liauidators who shall be elected from among
the stockholders at general meeting Of
the stockholders said liquidators shall re-
main in office until the affairs of the Gorge
ration shall have been fully hquidated and
settled. In case of the death of or inability
of one of the liquidators to act, the remain
ing Iauidators shall continue to act. Any
changes proposed to be made in reference
to the objects and purposes of the corpora
ton or TO the capital stock, shall be made Ia
accordance with the laws Of the state u
Louisiana on the subject.
ARTICLE SEVEN.
Nc stockholder shall ever be held Liable
for the contracts or torts of the eorp0rs-
ton in any further sum than the unpaid
balance due by him on the shares of the
capital stock of the corporation owned BY
aan GAM have IN effect Of rendering eSis
charter null and weld or of exposing stsek-
holder TO any liability, beyond the unpsia
balance which may be due on hispatock.
ARTICLE EIGHT.
The following stockholders have bees
chosen and elected to comprise the Frat
board of directors of the corporation, nAns-
iy: Alphonse Kahn. Donaldsonville LOUISE
ana Henry L. We'll, Donaldsonvilie, Lculsi-
ana, and William Blumenthal, Donsidssa-
VILE Louisiana, who shall serve ~ such
until the third Saturday in February, isis.
or until their successors elected md
qualified, with Alphonse Kahn rs prssidsat
William Blumenthal as vice president, ana
Henry L. We'll as secretary treasurer whs
shall serve as such until their successors
are elected and qualified.
The subscribers hereto have respectively
written opposite their names tha amowat
of fully paid up capital stock subscribed fer
by them, so that this act of incorporates
shall serve as the original subscription liss
Thus done and passed, parish OF Asa
sion, state of Louisiana, on this 10th day q
March, 1917, in the presence of Albert BlaAS
chard and George Pfster, lawful and ssass
petent witnesses. who, together With saze
sppearers and me, notary, have signed tAsse
presents after due reading CT the whole.
HENRY l.. WE'LL, Sc shares;
ALPHOJSE KAHN, 40 shares:
WILLIAM BLUM ENTHAL, i share.
Witnesses:
ALBERT BLANCHARD,
GEO. PFIgTER.
r. J. CHAUyIN.
Notary Public.
State Of Louisiana, Parish of Ascension
hereby certify that the above and fsrs-
going act of incorporation of the Kahn, -
Company. Incorporated, was this day aag
recorded in Book of Charters of the PARISH
of Ascension No. /, at folio 5.
Parish of Ascension, La-,~this 2sth day 81
March, 1917.
J. I'D. FERNANDEZ,
by. Clerk of Court and Recorder.
true cepy of the original.
J, Ed. FERNANDEZ,
Dy. Clerk OF Court and Rsssrdsg.