The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1917-11-17

ioari shall have power. without referring
| to the stock holders. to bnrtn" money. eN-
ecute mortgages, issue notes, ptdA -,
| bvnd-. or other obilgali ms, IN su II
| amounts and under such terms az In tEelr
! jud g.nent may oe advantageous; and gen
orally 10 do all tang, reasonably nec.s
| sary or nnyersienJ for he proper carrying
| out Of the business OF the corpuratiun; 4 at
| ihet are specially authnIiI-1 10 Issue and
deliver fail shares OF stocks and bonds ar
other Obligations IF the ompany p.
| m nj OK pr perry acquired by said corpp-
ratIol. aud specially for the pu,iu noW
| operated by ". Il. >ma!,lo 20 lac. lD
| organ itv Ia, at sueh .atuation is IA
| III IL i'll igment may be proper,
| \ ma GRITTY OF tie t,irrcIur- >haii con
| stilute Quorum for the u .nsactiun 81
| business AT any meeting of the Board
ot Directors, any DlfectOr ahseLt from ihe
meeting may DC represented 10y any oth er
Director. "ha m y cast the vote OF the
absent Director according To written In
>'ruc t"us. ei !Ier gene. al or -pecbai, ii
lid a,e. n iiireciur
t,dIt lie aunuli meeting OF 1918, the
,pari Of Directors sualI CONSIST of the fol-
leHIng:
Names: i',stoilics ldress'
r. u IL naTd II, Irthklin, -
W Il. >in,rdon
drs olive Aiigh'> nan Curt
" the f"reS X. ,illarlrn sh III
re f-re~iient. hrs. . >n,ar,ion. vics
President. Mrs. owe trI-uisuau Golt
secretary Treasurer.
ARTICL - vi,
This act OF incorporation may be
ch'hyed. modified or amended, or this
cor ,,ora,ion may w. dissolved IN rhe nan
ncr provided by law. by vote OF Two
thirds of tho oatlre outstanding capital
stock present. or represented. at gene
raj, in sf m Sfa IN! q
for such purpose, after previbu notice
shall have been given in the manner above
required to be gwen vi The annllal meeting
Of the corporation. Inc capital stock OF
the corporation may be increased or de.
creased 10y proceedings IN accordance WITH
the laws Of the State vi Louisiana.
ARTICLE VII.
II this corporation shall he dlssoiVei.
either by limitation Or from any other
caase. It's aGasrs shall be iiGuliated 10y Two
i2I commissioners to be appointed NJ
meeting Of stuckuoidtrs convened for the
purpose o. liquid alton, and 10 be elected
b, avoie Of all the Stockholders sad
Ilullitaturs shall remain in Office until the
affairs OF the said corporation shall hafe
been fully settled aud ilquliated, and
they shall have fuil power aud authority
to transfer and give title to all the proper
~ au5i assets vi the corporation. aud TO
distribute the proceeds. IN case OF death,
iiSlhl!lty or resignation Of one or more
llauiiatOr-, the vacancy SHALL be hlled by
the survivor il survivors.
ARTICLE VIII
No stOckhOider shall ever be held liable
or responsible for the contracts or faults
Of the co, poratinn In any furtner Ell Il than
an amount equal to the unpaid balance on
ahe shares Of stock owned by hun, nor
shall an, informally III orEtnlZ .tion have
abe effect of rendering this quarter uull OF
exposing any stockhOdrr to any inability
Dtuer tpan as above provided.
And. In order that this cla'ter may
serve as the original subscription list the
subscribers hereto have inllca ed opposite
theif respective signatures anu Z lstOfll ;e>
address The number Of snare, vi sLuci
subscribed for by each Of them.
Thu, .one and passed at my office thi
day. mouth and Year fist ABOVE written
iu the presence Of one }. dcuerl ana
George :. ri-is, com peteIL NJ ne-ses. .snu
have lereulto subscribed ihelt udiue>. |
together with me. Notafl aud sal APPS
pearer>, after due reading OF the whole.
y h Smardon 90, ILc.. by -. II
-mardon. President, Franktn La. orty
Eish, shares.
X. >mardon. Franklin la, Fout |
:hsre-.
J. Il. Smardon Franklin, La, Four
shares
uiive Nrightsman Gott, Franklin, La. , |
one share.
Ihas. Gntt, Franklin La. Three Shares.
A Illnesses:
Ollie i tiE89AT,
u. l.. EELLS.
CHARLES l.. WISE,
Notar, Public