The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-06-19

perform all acts necessarr
tai to the enumera.aj Or lncide,
IT.: ARTICLE III e's
ana AZ ' W. name to cont. rowes b
ana be sued; to make and d" ns se
poFate seal and the ssm anu use a co., 4
or alter at pleasure; to acor; !" 0's't
efty OF all kinds by any maaa ptep
.oeEerI; or to hire or Lease saes ~ Shat.
10 mold. use, or otherwise d tae sam.
m Tanrt, as it may elect, as well H0se y
n or, pledge or hypothesis p
a""as. SUBJECT only to such lm; a.e TIE
as may be prescribed BY law limitation,
general. to do, have pc:va le* ~ and, u
form, any and all acts Of 10 - OF Per-
alton. !" c0por
In all matters not soec;f;.,u
vlded for herein, this corna o'o.
snal! be deemed to have, pos ap..a. To-,
exercise any and all other s snS aud
tner powers as may be given u !. lqs'
s as IA: act s. 297 Of 1874. or Ger 10y Sy
ARTICLE ".
The entire and full corpor,,.
er of this Company shall he ..s. pow
fAe Board Of Directors. cons;.t Sssu n
not less than three, nor moro 'Sn y o.
WE'VE stockholders, the number ,As y
be determined at the annual 0 s.a .
holders meeting: said Board ~ I'm -
rectors shall elect PreSa.a. "
Nice-President and Ssc,...'a
Treasurer from among their nun'S.'
together with such managers and ' suh.
ordinate officials as in ta., 10y
ment may be necessary. AZ ~ 'a wy,
officials and agents to hayr SOY. SOU
powers as .aid Board NAV de,a ss.a
to them ~ general bylaws ~ ,rs";.i
resolutions, ami to holl ,hei, cff fse.
at the pleasure OF the Board Of n;r rse'
tors. "ee'
Directors may for single neat;r,,
grant their proxy to any stockholda,,
or other director. Vacancies IN .ss
board shall be filled by the remar; i''e
members. '''s
Until the first stockholders m...
ing IN 1919. the Board of Director.
OF the Company shall consist Of.
Albert F. Storm
Eugene 4. Pharr
Lewis J. Bass
Maurice F. Norman
Ashley W. Pettigrew,
which Board shall meet Immediately
after the adoption of this act Of n.
corporation. at the domicile Of the
Company and elect the officers fo,
the remainder of the business vear
and fill any vacancies among tha
number.
ARTICLE V.
The annual stockholders meeting
shall be held on the first Monday a.
ter the first Tuesday of January Of
each year, after due and legal notice
at the domicile of said Company
which meeting shall elect the Direc.
tors for the ensuing year, as well u
transact any other business Of ,aid
corporation coming before it.
Each stakeholder shall be entitled
to one vote for each share of the CAP.
ltal stock held by him in person, Or
by proxy. provided. however, that
each and every stockholder shall d
so have the right at their option u
cumulative voting in the election Of
said Directors.
ARTICLE vi.
The domicile Of this company i
hereby fixed at Morgan City, Parish
of st. Mary, State of Louisiana,
where all legal process shall be serv.
ed, as provided by law.
ARTICLE VII.
The capil i stock of this company
shall be Tel Thousand 100000
Dollars, divio d into One Hundred
10O) shares, # the par value Of
One Hundred 5000 Dollars each,
fully paid and n-assessable. all Of
said shares to be t equal rank, pro.
vided, however, t. at said capita!
stock may be incre. sed as provided
by law, not exceediI One Hundred
Thousand ($1OO,0OO) Dollars, such
increase of stock to be Represented
by shares of the par value Of Ono
Hundred ($1O0) Dollars each, fully
Maid and worcestershire to be sold tor
such sums not less than par. ~ tie
may elect. Stock may D
paid for in cash, or exchanged ~
services or property.
ARTICLE VIII.
Upon the expiration Of this Caat
ter, either by limitation Or seton q
the stockholders, its szfsirs shan g
and wound up in aeeo1o'
' VIVA ARTICLE TX.
This corporation shall beeoms . g.
ing concern as soon As Five Ihoueale
($5, OOO) Dollars Of the capltsl ssoo
has been actually subscribed 1of' )
his act Of incorporation may - !
serve as a subscription list, the ~ Z
lies hereto have affixed oppea0
heir name the number Of shares =
stock for which each SUD
;cribes. 49,.
Thus done and signed at More.a
city, Louisiana, on the Goth gay q
May, 1918, in the presence OF ;: =
3raddock and J. E. Bass, competsn'
witnesses, and me, Notary, AFTER o''
'eading of the whole.
(Signed)
A. W. PETTIGREW, 9 shares
f. A. PHARR, 9 shares.
NJ F. NORMAN, 9 shares,