The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-06-24

lai 10 Il all acts necessary ., -,
."' 70 the enumerated nor " !ncldea,
~, ARTICLE III. e'S'
This Company shall ha.
is corporate nama =. nave Dover i,
nl1 .. ne SUED; to make and dd ira sue
p p, a.. seal ard the same 1t to ! ht CO..,
s S u al, all Kinds by any m ss5s prop PROP
:" Ef,; or to hire or lease tbs What.
s - n2to' use. ). or otherwise d se
SAINT as It may elect A. u dispose m
morSsage, pledge or hypoth Hsll as to
same subject only to su cbb'EGecate the
as may be prescribed hv In, limitations
genera, to do, have per .r* w. and, in
l 11 any and all acts of w ~ " per.
alton. "' 70 cOrpor.
n all matters not specjf;c,,,,,
SLa9u Tor herein, this cornoy. eto'
snatl De deemed to have, poss p.ss.!ol
exercise any and all Other s sHs and
1her powers as NAV be 1van u ils'
said Act 267 of 1914 .. SVEN a.s u BY
of this State. ~r lava
ARTICLE ".
The entire and full corpor,,. 49,.
er Of this Company shall be vss,a pow :
f''e Board of Directors, cons;. ss.ea y,
not less than three, nor more '' 10 "
twelve stockholders, tn, nnmh.. .asl
be determined at the ANIMAL 'D 81. %
holders meeting; said Board =. S;o *
rectors shall elect a Presiden.t ".
niee-Presldent and a Secrs,,,,.a.
Treasurer from among their nnn.l.'
together with such managers and s"I
ordinate officials as in the, ;rss
ment may be necessary, al, a; 's .a;i
officials and agents to have s ,'.l
powers as said Board NAV de,o" s.a
to them BY general bylaws, Or sner;sI
resolutions, ana to holl ,.,ei, cff; ass.
at the pleasure OF the Board Of Dire ss'
tors. O"ee
Directors may for a single meetjnv
grant their proxy to any stockholdam.
or other director. Vacancies in ~.
board shall be filled by the remair; i,e
members. '''''s
Until the first stockholders mve.
ing in 1919, the Board of Directo,,
OF the Company shall consist Of.
Albert F. Storm
Eugene A. Pharr
Lewis J. Bass
Maurice E. Norman
Ashley W. Pettigrew,
which Board shall meet immedi.te,v
after the adoption of this act Of n.
corporation, at the domicile Of the
Company and elect the Officers for
the remainder of the business vear
and fill any vacancies among ia
number. ~
ARTICLE V.
The annual stockholders meetin,
shall be held on the first Monday Il.
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 eap.
ital 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 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 serv.
ed, as provided by law.
ARTICLE VII.
The CAPT, stock of this company
shall be Tel. Thousand ($10.0o0l
Dollars, divie. d into One Hundred
(10O) shares. # the par value Of
One Hundred s100) Dollars each.
fully paid and Ii n-assessable, al 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 exceedi1 One Hundred
Thousand ($1O0,OOO) Dollars, such
increase of stock to be represented
by shares of the par value OF one
Hundred ($100) Dollars each, fully
paid and worcestershire to be sold Tor
such sums not less than par, as the
Directors may elect. Stock may DC
paid for in cash, or exchanged tor
services or property.
ARTICLE VIII.
Upon the expiration OF tins Cns1.
ter, either by limitation or acton o.
The stockholders, its affairs SHAH %
liquidated and wound up IN accoso'
ance with law.
This corporation shall become 90.
ing concern as soon as Five Ihousanu
(S5,OOO) Dollars of the capital stock
has been actually subscribed Tor, ano
this act of incorporation may s.s0
serve as a subscription list, the p. ~.
ties hereto have affixed oppo' =
their name the number Of shares q
capital stock for which each SUD-
scribes. ,,..o.,
Thus done and signed at Morgan y
City. Louisiana, on the 3oth eay D.
May, 1918. in the presence OF !. .. =;
Braddock and J. E. Bass, compe'eu'
witnesses. and me. Notary, after a's
reading of the whole.
(Signed)
4 w PETTIGREW, 8 shares