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

ARTICLE v.

The corporate powers of this corporation
shalt beeserriseu by board ~ three q, ~
,eeto,a, who shall ne Stockholders In this
cufpurtion, elected by the stockholders AN
uually at q general meeting ~ be held on
the hrst Tuesday ~ January The said
Hoard, shall have and ls hereby vested,
With NIL tue corporate pnwers OF this corpo
ration subject only 10 such restrictions as
niny be herein mentioned. From the said
nlrcc!ors there snail be elected annually a
President, a Wee President, and a Secretary
treasurer " said eo,potNllun. 1Ae -tullpM--.
is 7, "a Yl HNH WIZ ssIG 4,
Mt least one, i, unpedard share OF s,,.rL In
this corporation shall constitute the first
n board OF directors, to- wit.
tiypolite ratout. whose postoface address
Il pstoatviiie, Iberia Parish Louisiana
~ Paul Routgeois. whose postoffirs ad-
dress " leaneiette. Louisiana.
William y, patont, whose postofaee adj
dress is patoutville, iberia Parish. Louisiana.
The said Board uf Directors above named
shall continue In nfhpe until their success.
sors are elected. Each Hoard Of Directors.
~ the hrst meeting after their election, shall
elect officers Tor the corporation herein
dec loF one year, TIE Prealdent o. !9ls cor
PMtout, whose postofacp address is patput-
VILE, iberia rariph, Louisiana. the Vice
,esment ~, Paul Bourgeois, whose postof
pss snv'sss = 'eeaerst,e, iberia Parish
"A William I, patuut whose postofnea address
~ Patoutville. lberIa ttrish Louisiana
Matte z. , vaa nnm 7. mee,laes
same Ia the pnstnfnce properly addressed 10
each stock holdet y, least fifteen 49, days be-
,"s ssss may Re s se" o,ss 81 rs
-nuafd Of nlrecturs or the hulders VI nj lassi
twenty ave per tent OF the OUTSTANDING
.,aps after n sna a. aforesaid Tne Hoard
y act ne rumml ssionef At elections OF BOARD ~
directors ard n the event e said uommls
rs'ns :" hs a, The Tine a,sa
Anather stoekholdei In his stead.
Failure FROM any cause TO elect Directors
op the day named Tor the purpose. will no,
dissolve this corporation, but the directors Ia
office, IA we'll ~ the other officers 81 the
Company. shalt hnld over until their success
ANN sEa arsl,na !, I'M T. 80
Within thirty DAYS and nj n date aud hou,
! named by hin, giving notice "a the stockhold.
ere as required hy Law. A. every election
tied to QUE, l. vute f,,f each share ~ the carp
tat stuck ~ the corporation standing In bis
name, and he may vote such stock by writ
sn p,9s ~ such estss req
directors shall be BY ballot and the majority
- .istS! ~ VIM nm INV haes ut ss 1 4Ek
ARTICLE vi.
The Board OF Directors shall frame and
NCppt by-lAws rules and regulations as the
AMalfa and business ~ the corporation may
require and u. II may deem necessary for
the cpnducf aud management thereof, pro-
vided che same shall not conflict with this |
charter. uf with the laws OF this state aud ~ |
the unltnd states II shall appoint such |
agents aud employees and clerks ~ II may
deem proper. HxIng their compensation and |
term 81 service, aud disnisains- thenl Al
IN n M .sser u w si, s"s
aud employees herein provided for. Any
Director may apppint another director or +
stakeholder ~ act ard yote for him on ali |
matters coming befure any ting ~ the
Board.
ARTICLE VII.
No shareholder shall ever he held liable or
responsible for the contracts or faults OF
this corporation IN anv further sum than
the amount uf his Indebtedness 10 the cofpo.
ration Or shall any mere lnsJfmHIity N the
organization have the effect Of rendering
this actnuil or exposing any shareholder "
any liability beyond the amount Of his or
her shares.
ARTICLE VIII.
TWO EafpofRflSn sEsIY have. enl5y s661f
ff0fUIy9 ali the rights. prls leges aud lmn,si-
mites nranted III Act A5S enacted hy the
General Assembly Of the state Of Louisiana.
III the year 1914. and IN the amendments ~
theretu, And this charter may be changed. al yJ