The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1918-02-02
ARTICLE v.

& All the powers of this corporation shall be 81
Vested in and exercised by board composed
of not less than four nor more than nine d. OH
rectors, The precise number of directors
within said limit shall be fixed by the vote
I'D She stockholders at the annual meeting, or
atA special meeting called for that purpose
Said board of directors shall be elected an
nually by ballot, at stockholders meeting
called for that purpose on the second Mon
lay in February of each year Tor the next
:egal day, if that be holiday, after due
notice given to the stockholders by mail at
least fifteen days before the date of said
meeting. Each holder of common stock shall
he entitled to one vote for each share of
stock standing in his on the books of
The company, said vote to be cast in person
or by proxy, and the majority OF the votes
east shall elect. The preferred stock shall
have no vote unless the corporation shall
have been in arrears for a period of six 4
months in the payment of dividends, or in
carrying out the provisions hereinabove set
cut for the retirement of the preferred stock;
in either OF which event the voting power
shall pass from the common stock and be
entirely vested in the preferred stock. The
board of directors shall have the power to f
ill all vacancies which may occur or in any
manner arise or be created on the board. even
though no quorum remain at the time such
vacancies are to be filed. Failure to elect
directors on the day above specified shall not
dissolve the corporation, but the directors
then in office shall remain in office until their
successors are elected and qualify. The
board shall elect from their number presi-
dent a vice president, secretary and
treasurer: provided, that the board may dis a
,ense with any of said offices and or may
combine any of them, and or may elect such
other officers as they think proper or con-
yenient for the carrying on of the companys
business, and they shall fix the salaries OF
all officers agents and employees. At any
meeting of the board of directors. any d.
rector absent from the meeting may be rep. s
resented by any other director who may east
The vote of the absent director according to
the written instructions, either general or
special, of said absent director. Neither the
board of directors nor the common stock
holders shall have authority to place any
mortgage circumference upon any OF the
property of the corporation without the con-
| sent of all the preferred stockholders; pro-
vided that this shall not apply to the giving
If crop liens and pledges. The board of dl-
| rectors shall have authority to make and
establish, as well alter and amend all by
| avs, rules and regulations necessary and
proper for the suppdsa and management o.
| he business and affairs of the corporation
md not inconsistent with this charter: and
| within the limitations of this charter they
| shall have power to authorize the BORROWING
| Of money and the issuance OF notes, and gen.
erally to do all things necessary or con-
venient for the proper carrying on OF the
business of the corporation
| Until the general meeting OF stockholders
| Far election a directors to be held the
second Monday of February, 1919. or until
| their duly qualified successors are elected ana
installed. the board of directors shall be COM
posed of Frank Prefer, postotfIce ADDRESS NO.
431 Poydras street. New Orleans, louisiana:
| Clark Lebermuth, Larderdae postottlce. Lou
| siana Percy A. Lemann, postohlce ADDRESS
| DonaldsonvilIe louisiana and Monte NJ.
Lemann, postoffice address NO. llo4 hipefi ia
Bank Building, New Orleans. Louisiana. VI
| the foregoing. Frank Pfeifer shall be presl-
| dent. Clark Lebermuth vice president Percy
A. Lemann treasurer. and Monte M. Lemann
| secretary.
| This act of incorporation may be changed
| modified or amended by a vote OF two-tnlfos
| Of the entire capital stock OF All classes a
| present or represented at a general meetng
| Of the stockholders convened for such pur-
/ nnsa after previous notice shall have. been
| given in the manner above required TO pc
| given of the annual meeting OF the corpora
| ton; provided that change shall be mace
!! in any provision herein relating a2 the fsnts
/ nf preferred stockholders, withouV the unani-
nous consent of all the preferred stockhold-
ers The capital stock of the corporation
may be increased or decreassas by proceedlhgss
/ IN accordance with the laws OF the state OF
'1S5@,s.,'.',.e ARTICLE VII.
/ II this corporation shall be dissolved. either
Inv limitation or from any other cause, IT'S
affairs shall be Inundated by three connis 8
/ s;oners TO be appointed at the meeting OF
i Stockholders convened for the. purpose OF
| liquidation, and to be elected by the vote o.
| all the stockholders voting upon parity;
! Said liquidators shall remain IN office until
/ the affairs of said corporation shall have been
fully settled and iiquidated, and they shall
/ have full power and authority TO transfer
4 and give title TO all the property and assets
/ af the corporation, and to- distribute the
proceeds. In case OF dealt b, 81 sabiiity or
Il rasiun nation Of one On more liauidat ors. tire
vacancy shall be filed BY the sur or
". I, 8 ARTICLE VIII
4 No stockholder shall ever be held liable or
RESPONSIBLE for the contracts or faults 81
/ said corporation in any further sum thai.
/ the unpaid balance due on the shares OF
Estock owned by him. nor shall any mere IN
furmality in organization have the effect OF
| rendering this charter null, or OF exposing
4 any stakeholder to any liability beyond the
| amount due on his stock
/ In order that this charter may serve MS
| the original subscription list, the subscribers
| hereto have indicated opposite their respect
i've signatures the number of shares OF STOCK
| subscribed for by each OF t 9n 49,
Thus done and passed at my office az New
Orleans Louisiana, the day, month ana
year first above written, in the presence OF
| Myer Lemann and F. B. LemannsAnd 9vonne
| Goodrich and Nellie Dillon. competent W.T.
| nesses who have hereunto subscribed their
names, together with me, notary, and the
| said appearers, after due reading OF the
| whole. tOfIgnal SignedJ
! (NAMES OF SUBSCRIBERS OMTTTEDt. &
MYER LEMANN.
f. B. LEMANN.
| YVoNNE. GOODRICH,
WATTS K. LEvER1cH,
| Notary Public.
/ | hereby certify that the foregoing Is 4
1 true and correct copy of the original charter
| passed before me this 18th day of January,
1913.
1 (L.S.) Signed: WATTS X. LEVERlCH.
| State of Louisiana, Parish of Ascension
! | do hereby certify the above and foregoing
! to be duly recorded in Book of Charters No.
/ /. folio l..
i In faith whereof. witness my hand and
| seal OF office at DonaldsonvilIe. La, this
2,rd day Of J&nnary. 1918.
Signed: A. j. BABIN.
by. Clerk and Recorder.
| certify the above and foregoing to be a
! true copy OF a certified copy on file in my
Office names Of subscribers being omitted.
/ Signed: A. J. BABIN,
/ by, Clerk of Court.
| NOTICE TO STOCKHOLDERS
ofythe -
/ South Louisiana Fair Association.
| I'M CONFORMITY with article ". of the
| / charter of the South Louisiana Fair Assoc
citation, the regular annual meeting of the
Iatn ho1 nf urr will he held