The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-06-29

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
poration, shall constitute the first
board of directors, to-w1t:-
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
Loultville, Jefferson County, Ken
lucky.
The said board of directors above
named shall continue in Office until
til cir successors are elected. Each
board of directors, at the first meeting
after their election. shall elect Office
for the corporation as hereinabove
provided, who shall likewise hold Of
fee for one year.
The President of this corporation is
John Lyle Bayless, whose post office
address is Anchorage, Kentucky, its
Wee President, Edward A. Mcllhenny,
of Avery P. O. iberia Parish, LOUISE
ana, and its Treasurer, Lawrence
Jones, whose post office address is
Louisville, Jefferson County. Ken
lucky.
Notice of stockholders annual meet
fngs 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 at least thirty 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 commissioner fail
ing to be present at the time fixed for
a meeting, the President shall ap-
poIntanother stock holder in his stead
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 well
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
1 4 L, -. L. 4 do 70
and hour named by him, giving the
notice to the stock holders as required
by law.
At every election and meeting each
stock holdef shall be entitled to one
vote for each share of the capital stock
of the corporation standing in. his
name, and ne 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 shall frame
and adopt by laws and rules and regu-
lations as the affairs and business of
the corporation may require, and as it
may 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 Uuited States. 1t shall APP
point such agents employees. and
clerks as it may deem proper. fixing
their compensation and terms OF
service and dismiss them at pleasure.
1t 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 COM
, 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
further sum than the amount of his
Indebtedness to the corporation, nor
shall any mere informality in organi-
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.
This corporation have, enjoy and
. exercise all the rights. privileges and
, immunities granted il Act 267 enected
. by the General Assembly of the State OF
Louisiana, in the year 1914, and this
t charter may be changed, altered or an.
) nulled. or the corporation dissolved
| under the terms and conditions and
in accordance with said Act No. 267.
Two (2) words erased in this deed
and thirty four interligned therein
and same approved by the parties
I, 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,
mouth and year first above written in
the presence of Marcus DeBlanc and
William Bsumann Witnesses, who
have signed as such with said appear.
ers and me Notary after due reading
; Of the whole.
+. A. McIlhenny
Three hundred and one shares
j. L. Bayless
: Three hundred and one shares
Lawrence Jones by j. l.. Bayless,
Agent
Three hundred and one shares
Witnesses:
Marcus DeBlanc
William Baumann
= WILLIAM G. WEEKS
Notary Public
State of Louisiana