The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-04-27
ARTICLE. VIII.

a. ~ h|bul my, WS4oII, Id, leS-
dent and Director,
George W. Cosner, Welsh, La,
Vice-PresiGent 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. in
the name and on behalf Of this cor
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 16 of
Act No. 267 of the General Assembly
of the State of Louisiana for the YER
1914; provided that the said powe
may be modified, limited or denied
to them by the laws of this corpora
ton or by resolution of the Board of
Directors.
ARTICLE X.
This act of incorporation may he
modified, chai<ed or altered, or the
capital increased or decreased, in ac-
cordance with the provisions of sad
Act No. 267.
ARTICLE XI.
No subscriber, stakeholder or trans
ferree of stock shall ever be held lia
BILE or responsible for the faults Of
this corporation in any further sum
than the unpaid balance due on his
subscription or on the stock trans
ferred or held; and no transferree
shall ever be held liabe unless it he
shown that he acquired the stock with
knowledge of the conditions which
would make the subscriber liable; and
where both subscriber and trans
ferree are liable, the liability shall be
in solido, and shall continue after the
disposal of the stock. No mere in
formality in organization shall have
the effect of rendering this charter
null, or of exposing a stakeholder to
any liability other than as provided
in this charter.
ARTICLE XII.
In the event of the dissolution of
this corporation for any cause what
ever, its affairs shall be liquidated
and settled by three commissioners,
appointed and acting under the pro-
visions of the act under which this
corporation is Incorporated; and
their compensations and bonds, if
any be required, shall be fixed at, the
stockholders meeting at which they
are elected. They shall remain in of
flee until the affairs of the corpora
ton shall have Eeen fully liquidated
md closed. In case of the death, in
ability to act, permanent absence or
resignation of one or more of said
'iquiaatOrs, the remainder shall con-
tinue to act as full board until COM
plete liquidation has been effected.
ARTICLE XIII.
The name, amount of stock sub
scribed for, and the post office ad-
dress of each subscriber to the capt.
tai stock of this corporation, in adj
dition to the incorporators, are upon
Exhibit "A", which is attached to
this charter as a constituent part
thereof, and same is to be read in
connection Herewith. All persons
whose names appear thereon having
by said act obligated themselves to
receive and pay for at par value the
numbers of certificates of stock there.
by shown.
Thus done and passed at my office
in the Town of Welsh, Louisiana, or
the day and date fixed hereinabove
written, in the presence of R. W
Howard and Jim Cline, competent
witnessesA who hereunto sign with
said parties and me. notary.
A. R. McBURNEY, Welsh, La
G. W. 'COSNER Welsh, La.
A. F. GEORGE Welsh, La.
CHAS. F. JETER, Welsh, La
S. NJ. WATKINS, Welsh, La.
Witnesses:
R. W. HOWARD,
jim CLINE.
Before me, ..
JOHN T. HOOD, Notary Public.
EXHIBIT "a"
State of Louisiana.
Parish of Jefferson Davis.
Before me, the undersigned not
airy public, duly commissioned ant
qualified in and for said parish ant
state, and in the presence of
and com
petent witnesses, on this day person
ally came and appeared the person
! whose names are hereunto signed, ant
! who declared to me, notary, and tn
said witnesses, that they have by thi
: instrument subscribed and paid fol
/ in cash or it's equivalent, as herei
/ shown, for the number of shares o
the capital stock of Mutual Ware
: house Company, Inc, as indicated OPP
} posite our respective names.
. Thus done and, passed at my ~
: fee in the Town of Welsh, Louislan.
: this 22nd day of March, A. D. 1917
i, Before me.
e JOHN T. HOOD, Notary Public
;, Witnesses:
i r. W.. HOWARD,
JIM CLINE.
q State of Louisiana.
Parish of Jefferson Davis.
Before me, the undersigned notar
t public, duly commissioned and quail
e fed, in and for said parish and stat
: on this day personally came and al
h peared A. R.McBurney, Chas. F. Jete