The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-03-30
ARTICLE K, I


the officers and directors Of this cor
poartion:
A. +. McBurney, Welsh, La, Pres
dent and Director,
George w. Cosner, Welsh, La,
IVice-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, III
the name and on behalf OF this CO..
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 l6 OF
Act No. 267 Of the General Assembly
Of he State of Louisiana for the year
1914: 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.
f ARTICLE X.
, This act Of incorporation. may be
D modified, chai< ed or altered or the
; capital increased or decreased, IN &C,
S corlance with the provisions of sad
D Act No. 267.
+ ARTICLE XL
t No subscriber, stakeholder or trans
) ferree Of stock shall ever be he'd Ia
+ BILE or responsible for the faults o.
: this corporation in any further sum
than the unpaiI balance due on MS
+ subscription or on the stock trans
e ferred or held; and no transferred
d shall ever be held liabe unless 1t be
= shown that he acquired the stock with
! knowledge of the conditions which
would make the subscriber liable; and
whore both subscriber and trans
h farrpe are liable, the liability shall be
E in solido, and shall continue after thE
/ Disposal of the stock. No mere IN
formalitv in organization shall have
n the effect of rendering this charter
Sc null, or of exposing stockholder u
n, anv liability other than as PROVIDED
I in this charter.
S ARTICLE XII.
Y; In the event of the dissolution o
- this corporation for any cause what
VI ever. its affairs shall be Ilquldats
10 and settled by three commissioner
y; amounted and acting under the pro
JIG visions of the act under which thu
us cornorat;on is Incorporated; an
D. their compensations and bonds, l
o, anv be required, shall be fixed at tn
n,a stockholders meeting al which the
NJ are elected. They shall remain in OF
We fee until the affairs of the corporS
70; ton shall have been fully liquldate
M md closed In case Of the death, II
~ ability to act, permanent absence
'u- resignation of one CT more ct so
on ricuiGators the remainder shall COZ
III tinue to act as full boerd until cor
VI u. plete liquidation has been effected
10 ARTICLE XIII.
on -
cal The name, amount VI ST. d.
or scribed for, and the post office a
dress of each subscriber to the car
tai stock of this corporation, IN a
ion dition to the incorporators, are up
a. Exhibit "A", which is attached
en- this charter as a constituent pa
of thereof, and same is to be read
arS connection Herewith. All peso
ock whose names appear thereon havi
sed bv said act obligated themselves
us receive and pay for at par value t
the numbers of certificates of stock the'
non by shown. =,
Thus done and passed at my off
in the Town of Welsh, Louisiana,
IS the day and date fixed hereinaDt
Par. vr item, in TIE pre-ence of K.
OF Toward anil Jim C'ine, compete
hall witnesses, who hereunto sign W
MI Sid pa~t;ns and me. no,arv.
With A. R. McBURNEY, Welsh,
'ody G. W. COSNER Welsh, La.
nth A. F. GEOPGE Welsh, la.
CHAS. F. IETER, Welsh,
S. M. WATKINS, Welsh, L
rer- u,:4uo.sos.
! OF R. W. HOWARD,
an" rs JIM CLINE.
~ ~, Before me,
inc JOHN T. HOOD. Notary Public
, ,oroJ EXHIBIT GA"
the State of Louisiana.
right Parish OF Jefferson DAVIS.
,oulI Before me, the undersigned
=, arv public, duly commissioned
qualified, in and for said parish
COR State, and in the presence OF
than and
nod rotont witnesses, en- this day per
first ailv came and appeared the per
nallv whose names are hereunto signed,
% as who declared to me, notary, and
ected said witnesses, that they have by
tne,r instrument subscribed and paid
elect in cash or It's equivalent, as he
Mt a shown, for the number of share
|, and the capital stock Of Mutual "
e op- house Company Inc, as indicated
= two nosite our respective names.
erson. Thus done ana pn1s. - mic
,rpor- flee in the Town 0. WIl'N' n
" ap- this 22nd day Oh m"i'n' -:
oyees, Before me, y,
lay be JOHN I. HoOD' No'"iS
arter, Witnesses:
to fill R. w, HOWARD,
It any JIM CLINE.
by State of Louisiana.
Parish of Jefferson DAVIS:
pofora me-. the undersigned m