The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-06-08


only to auch restrictions "a may be
herein mentioned
From the said directors, there shall
lie elected annually a President aud a
Vice. President aud there shall also he
elected Secretary and Treasurer OF
the said corporation who need not be
stoc kholders or directors therein.
The following persons, each Of whom
are and who each declare themselves
10 he bona fde owners of at least one
unpledred share of stock in this cor
poration, shall constitute the FIRST
board Of directors. towit:-
Edward \. Mcllhenpy, whose post
office address 10 Avery Post Office
Iberia Parish. Louisiana, John Lyle
Hay less, whose post Office address Ia
| Anchorage, Kentucky, and Lawrence
Jones whose post Office address ia
Louitville, Jefferson County, Ken
] lucky.
The sad board of directors above
named shall continue in Office until
| tn sir successors are elected. Each
board Of directors, at the frat meeting
after their election, shall elect officers
for the corporation "a hereinabove
provided, who shall likewise hold Of
iieeGor one year.
| fhe President of this corporation il
| John Lyle Bayleas, whose post Office
address il Anchorage, Kentucky, ite
4 Wee President, Edward A. Mclihenny,
Of Avery +. o. iberia Parish, Louis,-
ana. and its Treasurer. Lawrence
Jones. whose post Office address ia
louisville, Jefferson County, Ken
lucky.
Notice of stockholders annual meet
ings must he delivered personally or
Ivy depositing same IN the Post of-
ice properly addressed to each stock
holder ut least fifteen days before
such meeting. Other stockholders
meetings may be held when ordered
hy the Board of Directors, or the
holders Of at least thirty five per cent
Of the outstanding stock after notice
| "a aforesaid.
The BOARD OF Directors shall appoint
| A stock holder To art aa commissioner
at elections Of board of directors, and
"a the event Of said comm missioner fail
ing 10 he present at the time fixed FOR
a meeting. the President shall APP
point another stock holder In his stead.
Failure from any cause to elect d.
reetots on the day named for the pur-
pose. will not dissolve this corpora
| lion, but the directors in Office as well
as the other officers of the Company,
shall hold over until their successors
are chosen, In such event, the Presi-
dent shall cause another election to be
held within thirty days and at date
aud hour named by him, giving the
notice 10 the stockholders as required
by law.
AT every election aud meeting each
stakeholder shall he entitled to one
vote for each share of the capital stock
of the corporation standing in his
name, and he may vote such stock by
written proxy given to any other per
sun to represent him at such meeting,
| 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
saet.
ARTICLE VI.
the board of directors shall frame
| and adopt by laws and rules md tegu-
laiions m the affairs and business OF
| the corporation may require, and az II
may deem necessary for the conduct
and management thereof, provided
| the same shall not conflict with this
charter, or with the laws of this state,
and of the United States. II shall ap-
point such agents employees, and
clerks as II may deem proper. fixing
their compensation and terms Ut
service and diHmiss them at pleasure.
| II 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 hin on all matters com
ing before any meeting of the board.
ARTICLE VII.
No shareholder shall ever be held
liable or responsible for the contracts
or faults OF this corporation IN any
| further sum than the amount of his
Indebtedness to the corporation, nor
shall any mere informality In organl-
cation have the effect Of rendering
tthis act null or of exposing any share.
holder to any liability beyond the
amount Of his or her shares.
ARTICLE VIII.
This corporation have, enjoy and
exercise all the rights, privileges and
immun,ties granted In Act 207 enected
by the General Assembly of the State of
Louisiana, In the year 1914, and this
charter may be changed, altered or an.
| nulled, or the corporation dissolved
under the terms and conditions and
Ia accordance with said Act No. 267,
Two ca words erased In this deed
aud thirty four interligned therein
and same approved by the parties
hereto before signing
! Thus done and passed AT my Once
Ia the City of New iberia, Parish Of
Iberia. state Of Louisiana, on the day,
month and year first above written In
the presence of Marcus DeBlanc and
William Bnumann Witnesses, who
have signed as such with said appear
efs and me Notary after due reading
Of the whole @''s y.g44.s
II. A. Mcllhenny
Three hundred and one shares
4 1. Raylpea