The weekly Iberian. (New Iberia, La.) 1894-1946, 1917-07-28

erly addressed to each stakeholder at
least fifteen days before such meeting
Other stockholders meetings may be
held when ordered by the board OF di-
rectors, or the holders OF at least
twenty five per cent of the outstand-
ing stock after notice as aforesaid.
The board of directors shall appoint
a stakeholder to act as Commissioners
at elections Of board Of directors, and
in the event OF said commissioner fail
ing to be present at the time fixed for
a meeting, the President shall ap-
point another stakeholder in his stead.
Failure from any cause to elect d.
rectors on the day named for the pur-
pose, will not dissolve this corpora
ton, but the directors in office, as
we'll as the other officers of the Com
pany, shall hold over until their sue
cessors are chosen. In such event.
the President shall cause another
election to be held within thirty days
and at a date and hour named by him /.
giving the notice to the stockholders
as required by law.
At every election and meeting each
stakeholder shall be entitled to one
vote for each share Of the capital
stock of the corporation standing III
his name, and he may vote such stock
by written proxy given to any other
person to represent him at such meet
ing. The election of directors shall be
by ballot and the majority OF the
amount Of votes cast shall elect the
person or persons for whom they have
been cast.
ARTICLE vi.
The board Of directors shall frame
and adopt such bylaws and rules and
regulations as the affairs and business
of the corporation may require, and as
it may deem necessary for the con-
duct and management thereof, pro-
vided the same shall not conflict with
this charter, or with the laws Of this
State, and of the United States. 1t
shall appoint such agents, employees,
and clerks as it may deem proper, Tx
ing their compensation and term OF
service and dismiss them at pleasure.
It shall have the right to fix and de-
termine the salaries of the several off,
GERS and employees herein provided
for. Any director may appoint an
other director or shareholder to act
and vote for him on all matters COM
ing before any meeting Of the board.
ARTICLE VII.
No shareholder shall ever be held
liable or responsible for the contract
or faults of this corporation in any
further sum than the amount Of his ip-
debtedness to the corporation, nor
shall any mere informally In organi-
zation have the effect Of rendering
this act null or of exposing any share
holder to any liability beyond the
amount Of his or her shares.
ARTICLE VIII.
This corporation. shall have, enjoy
and exercise all the rights, privileges
and immunities granted in Act 267 en-
acted by the General Assembly of the
State of Louisiana IN the year 1914.
and this charter may be changed, al
tered or annulled, or the corporation
dissolved under the terms and condi-
tions and in accordance with said Act
No. 267.
Thus done and passed at my Office in
the City of New Iberia, Parish of Ibe-
ria. State of Louisiana, on the day,
month and year first above written in
the presence of Messrs. William Bau-
mann and James j. Conrad, good and
competent witnesses, who have signed
these presents with the said appearers
and me, Notary, after due reading of
the whole. Four words erased in this
act and seventeen words interligned
therein and made part thereof and
q ~ nnrouoA hofcro cinriur
JOHN LYLE BAYLESS,
per E. A. McIlhenny, Agent,
E. A. McILHENNY,
E. P. TERRELL.
WITNESSES:
VIM. Baumann,
Jas. j. Conrad.
William G. Weeks,
Notary Public.
State of Louisiana.
Parish of Iberia.
l, ]. A. Gonsoulin, Clerk Of Court
and ex-officio recorder Of Mortgages
for the Parish Of Iberia, State Of Lou.
isiana, do hereby certify that the
above and foregoing Charter of the
Jefferson Island Planting Company
Inc. was filed for record in my Office
on the Thirteenth day Of June 1917.
and that same has been duly recorded
In Charter Book No. ut folio 24l and
that the above and foregoing is true
and correct copy Of the said Charter.
In faith whereof witness my sigma
ture and seal Of Office on the Thir-
teenth day of Juneal9l7.
G. LABAUVE,
Dty Clerk Of the 10th Jud. Dist. Court
Of Iberia Parish, La. 7-28