The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-06-13

'' ana the same to h. CO..
cry Of All kinds BY a ~ ACQUIRE prop
~ bofo; Or to hire or lease a tbs What.
s ~ n'io' use or otherwise d; ar sans
s San, as 1t may elect, as w ,sp0se .:
MORTGAGE. pledge or hypoths sn as 70
same, subject only to sn cbb'GHecate TIE
a as may be prescribed by law: ' s.1
general, to do, have per ~ ~ an and, u
1orin' any and all acts Of vh.. et pe,.
sind incidental or usual to "a =
alton. "' 70 corpo..
In ali matters not spec;f;o,u.
Eided for herein, this co.n No.
shall be deemed to have. n Novapotatlo,
exercise any and all Other .S' and
ther powers as may be 1iven nu !. w.
SAD !, Act 2b7 Of 1914, or a.Se," ~. y
ARTICLE ".
The entire and full corpor,,. 49,.
er OF this Company shall be ye,,s Sss !.
the Board of Directors, cons;ss s,eun
not less than three, nor moro ''N : W
twelve stockholders, the numbe ,as u
be determined at the annual sto. y
holder's meeting; said Board o Ii'i "a
rectors shall elect Pres;dsnu, W
ce-President and Secra.,,.A
treasurer from among their nu,h.'
'oyefner with such managers and suh.
ordinate officials as in the, IND.
nent may be necessary, all 81 's ss;i
u .c.".S and agents to han . ,.a
powers as .'aid Board NAV ds,acs .
- them ; general by laws, o. sn+r;.l
re buttons, ana to holi her. r;s;es,
at the pleasure OF the Board of Dyso
tors. ''''''
Directors may for single neetir,
grant their proxy to any stockhoda,,
or other director. Vacancies in y.
board shall be filled by the remair;ns
members. '''S
Until the first stockholders m,,.
ing IN 1919, the Board of Directors
OF the Company shall consist Of:
Albert F. Storm
/ S'SIi-c =. IidIE
Lewis J. Bass
Maurice F.. Norman
Ashley ". Pettigrew,
which Board shall meet immediately
after the adoption of this act Of in.
corporation, at the domicile of the
Company and elect the officers for
the remainder Of the business wear
and fill any vacancies among the
number.
ARTICLE V.
The annual stockholders meeting
shall be held on the first Monday Al.
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 said
corporation coming before it.
Each stockholder shall be entitled
to one vote for each share of the cap.
ital stock held by him in person, Or
by proxy, provided. however, that
each and every stockholder shall a.
so have the right at their option Of
cumulative voting in the election Of
said Directors.
ARTICLE vi.
The. domicile of this company Is
hereby fixed at Morgan CITY, Parish
of St. Mary, State of Louisiana,
where all legal process shall be ser.
ed, as provided by law.
ARTICLE VII.
The capital stock Of this company
shall be Ten Thousand ($lO,00Ol
Dollars, divided into One Hundred
(1OO) shares, of the par value Of
One Hundred ($1OO) Dollars each.
fully paid and worcestershire, all OF
said shares to be of equal rank pro.
vided, however, that said capita!
stock may be increased as provides,
bv law, not exceeding One Hundred
Thousand ($1OO,OO0) Dollars, such
increase of stock to be Represented
by shares Of the par value OF One
Hundred (Sl00) Dollars each, fu!ly
paid and worcestershire to be sold foF
such sums not less than par, as 'ne
Directors may elect. Stock may De
paid for in cash, or exchanged TOT
services or property.
ARTICLE VIII.
IYnon the expiration of this Char.
ter, either by limitation or acton .!
the stockholders, its affairs snall y
liquidated and wound up in acc0s0'
CIV" ~ ARTICLE TX.
This corporation shall become . 90,
ing concern as soon as Five Thoussn;u
1s5.OOO) Dollars of the capital STOCK
has been actually subscribed for, ano
this act of incorporation may s.s'
serve as a subscription list, the ~: ~.
ties hereto have affixed oppo'' y
their name the number of shares =
capital stock for which each SUD
scribes. wo.,.r
Thus done and signed at Mor 1 aa
CITY, Louisiana, on the 3Otn gay D. D
May. 1918, in the presence OF - 49,. !"
Braddock and j. E. Bass, compe'.A'
witnesses, and me, Notary, aiter wv
reading of the whole.
(Signed)
4 " PETTICREW, 9 shares.
E. A. PHARR, 9 shares.
NJ f. NORMAN, 9 shares.
BY l.. J. Bass.
LEWIS J. BASS, ~ snaleS'
A. F. STORM, 9 shares.
Witnesses: