The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-05-18

| held on the third Tuesday in January,
and the said board, shall have and is
| hereby vested with all the corporate
powers of this corporation subject
only to such restrictions as may be
herein mentioned.
From the said directors, there shall
| be elected annually President and
Vice President and there shall also be
elected Secretary and Treasurer OF
the said corporation who need not be
stockholders or directors therein.
The following persons. each OF whom
are and who each declare themselves
to be bona fide owners Of at least one
unpledged share Of stock in this cor
poratlon, shall constitute the first
board of directors, to-wlt:-
| Edward A. Mcllhenny, whose post
office address is Avery Post Office
| Iberia Parish, Louisiana; John Lyle
Bayless, whose post Office address is
Anchorage. Kentucky, and Lawrence
| Jones whose post office address is
Louitville, Jefferson County, Ken
| lucky.
The said board of directors above
named shall continue in office until
| tn cir successors are elected. Each
board of directors, at the first meeting
after their election, shall elect officers
for the corporation as hereinabove
provided, who shall likewise hold Of
Ace for one year.
The President of this corporation IS
John Lyle Bayless. whose post office
address is Anchorage. Kentucky, it's
Vice. President, Edward A. McIlhenny,
of Avery P. O. Iberia Parish, Louisl-
ana, and it's Treasurer, Lawrence
Jones, whose post Office address is
Louisville, Jefferson County, Ken
lucky.
Notice of stockholders annual meet
ings must be delivered personally or
by depositing same IN the Post Of
fee properly addressed to each stock
holder at least fifteen days before
such meeting. Other stockholders
meetings may be held when ordered
by the Board of Directors, or the
holders of ut least twenty five per cent
of the outstanding stock after notice
as aforesaid.
The Board of Directors shall appoint
a stakeholder to act as commissioner
at elections Of board of directors, and
in the event of said com missioner fail
ling to be present at the time fixed for
a meeting, the President shall ap-
point another stakeholder in his stead.
i Failure from any cause to elect di-
rectors on the day named for the pur-
pose, will not dissolve this corpora
ton, but the directors in Office as we'll
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
and hour named by him, giving the
notice to the stock holders as required
by law.
At every election and meeting each
stakeholder shall be entitled to one
vote for each share Of the capital stock
of the corporation standing in bis
name, and he may vote such stock by
written proxy given to any other per-
son 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
cast.
ARTICLE vi.
The board of directors shalt frame
and adopt by laws and rules and regu-
lations as the affairs and business Of
the corporation may require, and as 1t
NAV 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. 1t shall ap-
point such agents employees, and
| - dooOo hYfnO
, their compensation and terms OF
service and dismiss them at pleasure
It 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 him on all matters CON-
|, 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
I further sum than the amount of his
! indebtedness to the corporation, nor
f shall any mere informally in organf
8 cation have the effect of rendering
this act null or of exposing any share
holder to any liability beyond the
amount of his or her shares.
ARTICLE VIII.
y This corporation have, enjoy and
: exercise all the rights. privileges and
: |immunities granted in Act 267 enected
I by the General Assembly of the State oil
: Louisiana, ID the year 1914, and this
I charter may be changed, altered or an.
. nulled, or the corporation dissolved
4 under the terms and conditions and
. in accordance with said Act No. 26l.
: Two (2) words erased in this deed
d and thirty four interligned therein
and same approved by the parties
!, hereto before signing
! Thus done and passed at my Office
. in the City of New Iberia, Parish OF
! Iberia. State of Louisiana. on the day
0 mouth and year FIRST above written in
i the presence of Marcus DeBlanc and
y William Baumana Witnesses, who
! have signed as such with said appear
+ ers and me Notary after due reading
e Of the whole.
. E. A. McIlhenny
Three hundred and one shares
j. L. Bayless
Three hundred and one shares
= Lawrence Jones By J. l.. Bayless