The star-progress. (Opelousas, La.) 1917-1921, 1919-11-22

lars ($10O.O0) each, to be paid for
in cash or for property, leases, labor
or services rendered to said corpora
ton. and on such terms and condl-
tions as the Board of Directors may
deem proper and in conformity with
The laws of the State of Louisiana,
governing the organization OF corpor-
ations. This corporation shall con-
mence business as soon as twenty
! five Thousand (S25, 000.00) Dollars
IF the stock has been subscribed and
paid either for in cash, or as herein
above provided for.
BY a vote of this majority of the
stockholders, the capital stock of this
corporation may be increased to an
emount not exceeding One Hundred
Thousand ($10O, 0O0.00) Dollars.
ARTICLE vi.
The business affairs of this cor
9oration shall be transacted by and
| through Board of Directors consis-
/ ting of ten (10) or more stockhold-
ers, and to be elected at a meeting to
! be held for that purpose on the sec
ond Tuesday of the month of Janu-
ary of each year.
serve for one year until their success
ors shall have been duly elected and
/ qualified. The Board of Directors
shall elect from their number Pres
ident and a Vice President, and shall
choose a Secretary and Treasurer
who need not be a stakeholder or
Director, and a majority of the
| Board shall have the power to fill any
vacancy occurring in that body or
among the officers, and to make such
bylaws, rules and regulations as they
same at pleasure; to appoint and fix
salaries of all officers, clerks and en-
i ployees and the same to change and
dismiss at pleasure, though such au-
thority may be conferred upon the
President or Vice President, or both.
ARTICLE VII.
This Act of incorporation may be
changed, amended and modified or al
tered, or said corporation may be dis
solved at a special meeting of the
said stockholders convened for that
purpose after ten (10) days notice
to all stockholders through the mails
deem proper for the transaction of
the business and affairs of said cor
poration; to change alter, amend the
to the last known address of said
stockholders; and with the consent
of the majority of the stock present
voted at such meeting, either in per-
son or by proxy. For the purpose of
liquidation the stockholders may APP
point three (3) commissioners of Ii
uuidation from the stockholders who
shall exercise all the power and au-
thority usually and customarily con-
ferred on such officers.
ARTICLE VIII.
No stakeholder shall ever be liable
or responsible for the contracts or
faults of said corporation in any fur
Their sum than the unpaid balance, if
any, due by him on his subscription
to the capital stock, nor shall any
mere informality in the organization
have the effect of rendering this
charter null, or of exposing any
stockholders to any further liability
than the unpaid balance due on his
or their stock.
The subscribers hereto have res
pectively written opposite their sig
natures hereto appended the number
of shares of stock subscribed for by
them respectively in this corporation,
so that this act shall also serve as the
original subscription list of this cor
poration.
ARTICLE TX.
The first Board of Directors of this
corporation shall be as follows: DR..
J. A. Haas, DIR. Chas. F. Boagni, DR..
J. A. Shaw. R. Lee Garland, j. P.
Barnett, Leon S. Haas, R. LeBour-
gois, Adolphe Jacobs, jos. M. Boagni,
and DR.. z. T. Young, of whom DIR. j.
A. Haas shall be President and DR..
Chas F. Boagni, First Vice President
and DR.. J. A. Shaw, Vice President.
ARTICLE x.
This corporation shall be liquidat-
ed at the end of its term, or sooner,
should majority of the capital stock
agree thereto at a meeting of the
stockholders called for that purpose,
as per Article VII, by three (3) COM
missioners appointed by the stock
holders at said meeting, who shall
continue to act until the business of
said corporation shall be entirely
closed and liquidated, and in the
event of the death of either, or two
~. of them, then the surviving COM
missioners, or commissioner, shall
act.
Thus done, read and signed lat OPP
elousas, st. Landry Parish, State of
Louisiana, on the day, month and
year first above written, in the pres
ence of N. NJ. Childs and f. S. Fields,
competent witnesses of lawful age,
residents of this parish, who hereto
subscribed their Names, together with
said appearers, and me, Notary, after
due reading of the whole.
]. A. Haas, 20 shares, 100000.
Chas. F. Boagni, 10 shares, ST.
10000,
]. A. Shaw, 20 shares, 100000.
r. LeBourgeois, 20 shares, ST.
10000.
]. P. Barnet, 20 shares, 100000.
]. A. Perkins, 10 shares, 81 ,000.-
Leon S. Haas, 20 shares, $4,000
Ben Riseman, 10 shares, $1,000. 90.
E. B. Dubuisson, 10 shares, ST.
100000.
Jos. M. Boagni, 10 shares, $1,000.
2. T. Young, 20 shares, 100000.
Mrs. N. S. Boagni, 20 shares, 3d.
10000.
R. Mornhinveg, S share, $4,000.
A. Clary, shares, $4,000.
H. d. Larcade, Jr., shares, $780,
Adolphe Jacobs, 5 shares, $4,000.