The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-04-13

A. II. McBurney, welsh, La, freS-
ident and Director,
George w. Cosner, Welsh, La,
Vice-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, 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 year
1914: provided that the said powers
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 be
modified. chai\ed or altered, or the
lcapital increased or decreased, in ac-
cordance with the provisions Of SAID
Act No. 267.
ARTICLE XI.
No subscriber, stakeholder or trans
ferree of stock shall ever be held la
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 be
shown that he acquired the stock with
knowledge of the conditions when
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
Iformality in organization shall have
: the effect of rendering this charter
null, or of exposing stakeholder tc
, any liability other than as provided
lin this charter.
: ARTICLE XII.
; In the event of the dissolution o
, this corporation for any cause what
ever, its affairs shall be hquldate'
md settled by three commissioners
=; appointed and acting under the pro
G visions of the act under which Thu
= corporation is incorporated; AM
}. their compensations and bonds, l
4 any be required, shall be fixed at tn
a stockholders meeting at which the,
/ are elected. They shall remain in Of
e fee until the affairs of the corpora
u ton shall have been fully liquidate
d md closed. In case of the death, in
= ability to act, permanent absence 0
/ resignation of one or more OF sal
"a liuuidators, the remainder shall cor
II tinue to act as full board until CON
$ Iplete liquidation has been effected
. ARTICLE XIII.
u The name, amount of stock SUI!
~ scribed for, and the post office az
- dress of each subscriber to the cap
tai stock of this corporation, in al
y, Idition to the incorporators, are upt
J. Exhibit az, which is attached
A. this charter as a constituent pa
of thereof, and same is to be read
rs connection Herewith. All person
ok whose names appear thereon havir
ed by said act obligated themselves
s. receive and pay for at par value Il
he numbers of certificates of stock Their
on by shown. .
Thus done and passed at my off
in the Town of Welsh, Louisiana,
is the day and date fixed hereinabo
IT. written, in the presence of r.
OF Howard and Jim Cline, compete
all witnessesS who hereunto sign Wi
IT. said parties and me, notary.
ith A. R. McBURNEY, Welsh, |
dy G. w. COSNER Welsh, La.
tn A. F. GEORGE Welsh, La.
CHAS. F. JETER, Welsh,
S. M. WATKINS, Welsh, Ii
'ps witnesses!
Oh R. W. HOWARD,
MS MS JIM CLINE.
Ln Before me,
the JOHN T. HOOD, Notary Public.
rsS EXHIBIT GA"
the State of Louisiana.
vht Parish of jefferson Davis.
nIj Before me, the undersigned n
ary public, duly commissioned
qualified, in and for said parish &
or state, and in the presence OF
han and &C
I'D petent witnesses, on this day pers
irst ally came and appeared the pers
ally whose names are hereunto signed,
as lwho declared to me, notary, and
ted said witnesses, that they have by
ne,r instrument subscribed and paid
lect in cash or it's equivalent, as he'
!, a shown, for the number Of shares rel
and the capital stock of Mutual WI
op- house Company, Inc, as indicated
two lposite our respective names.
SON. Thus done and passed at my.
nor. f;ee in the Town of Welsh, LOUISE
an this 22nd day of March, A. ID. l
rees, Before me. - n,
v be JOHN T. HOOD, Notary Pu
rter. Witnesses:
, fill R. w. HOWARD,
any JIM CLINE.
" a State of Louisiana.
Parish of Jefferson Davis:
Before me, the undersigned I ned no :"
? of public, duly commissioned and 9
the fed, in and for said parish and 5
an on this day personally came ana
such peared A. R.McBurney, Chas' +. ,