The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1919-04-19

vices so taken, shall be conclusive l
This corporation is authorized to !,
commence business when one
half of the capital stock has been
subscribed and paid for in full.
Article Y.
The corporate powers OF tins
CORPORATION are hereby declared,
except as hereafter may be stlpu-
lated, to be vested in and execut-
ed by a Board of Directors COM
posed of five of the stock holders
three of whom shall constitute a
quorum, which said Board OF d.
rectors shall be elected annually
bv said stockholders on the first
Monday in January OF each year;
each stakeholder shall be entitled
ito one vote for each share OF
stock held and owned by him, and
may cast his vote in person or by
written proxy; and said meeting
Iof stockholders shall be preceded
bv due notice according to law to
each stakeholder at least fifteen
DAYS before such meeting; pro-
vided, however, that a failure to
hold said meeting of the stock
holders and to elect a Board OF
, Directors shall not operate as a
5 forfeiture of the charter or any
/ abandonment Of any rights secur-
S ed by it, to The stockholders, but
the Board of Directors and OH
GERS shall hold over until their
f successors are elected and quail
e fed. Other stockholders meet
4 ings may be held when ordered
4 by the Board of Directors or the
holders of thirty-three and one
: third (33 1-3) per cent OF the out
l. standing stock and notice OF all
: stockholders meetings other than
# adjourned meetings shall be given
: in the manner prescribed for
stockholders meetings for the
n election of Directors unless such
e notice be waived, and all meetings
l. of the stockholders shall be held
r at the domicile of the corporation
h Article VI.
|, The Board of Directors Wher
d elected by the stockholders shall
ID elect from their number a Presl
A. dent. Vice President, Secretary
id and Treasurer both of which las
IS named offices may be held by one
e, person.
S, The respective officers shall
p have the powers usually given t
I'd said officers, and shall serve unit
Is their successors shall have beer
he elected and qualified.
ne The President and Secretary
or with the approval of the Board O
in Directors shall have the RICH
at power and authority to enter int
X and execute all contracts OF an
lis nature which they may see tit t
make, and to make purchases
sales, leases, sub-leaSes and exc
nd cute all other instruments as l
be their judgment may be prope
id and for the best interest OF th
of corporation.
nj. The following named stool
he holders shall constitute the fir
Board of Directors of this corp'
ration and it's officers, and sha
~ continue until their successor
~, ~, are elected and qualified at I'll
M annual meeting hereinabove pr
~ ~ vided for, on the first Monday
' 'no January, 1920, viz:
,nr NJ. B. VanNess, President,
1 w Benoit, Vice President; J. L. Ba
~ nett, Secretary and Treasurer.
W. Board of Directors: M. B. Va
-; Ness, C.. Benoit, J. L. Barnett,
- Bacon, J. &. Robichaux.
nor Article VIII.
sh- This corporation shall have a
sh. thority to adopt a seal, and und
Of its name and style above desi
the mated, shall have and enjoy &C
er- porate succession for term
ninety-nine (99) years from t
,- date hereof. And if before t
~ expiration of said time, it Shou
III Il,n dninrn,innd hxr q mo inHifU