The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1920-09-04
ARTICLE Y.

41N<Ls
The business and affairs Of this corpora
ton shall be managed and all corporate
mowers thereof shall be vested III and ex
ercisrd by a Board of Directors composed
Of nine stockholders and five members
of such Board shalls constistute quorum
for the transaction of business.
On the second Tuesday in January OF
of each and every year, or or the next
lega! day thereafter if the second Tuesday
be dies non, meeting of the stock
holders of this corporation shall be held
at it, banking house under the supervl-
sion Of two (2) commissioners appointed
bv the Board of Directors for the purpose
of electing Directors for the ensuing year
and for the transaction Of such other bust
ness as may properly come before said
meeting.
Notice of said meeting shall be given
to the stockholders by publication at
least once during period Of two weeks
in a newspaper published in the Parish
of St. Charles, and by written notice du-
" addressed and mailed to every stock
holder Of re cord at his last known adj
dress at least one week previous to said
nesting. All el ctions shall be by ballot
and the stockholders receiving the major
ity OF votes cast at such election shallbe
duly elected and shall serve for the ensu-
ing wear or until their successors shall
have been duly elected and qualified. In
case there shall be no election of directors
on the day appointed, an election for same
shall be held as soon thereafter as prac-
ticable on day to be fixed by the Board
of Directors, previous notice of which
said election shall lie given by written no.
tice duly addressed and mailed to every
stakeholder of record at his last known
address at least one week previous to
said meeting. The failure for any cause
to elect directors upon the day appointed
shall not dissolve this corporation, but
. the officers and directors then in office
shall hold over until their sussessors
5 shall have been duly elected, qualified
and installed.
: ANY vacancy which may exist or occur
; among the directors by death, resigna-
: ton or otherwise, shall be filled by the
election by the remaining directors OF
: other stockholders who shall serve un
!, til the next ensuing regular election OF
until the successors of said board shall
! be duly elected qualified and installed.
A.. Each member of the Board of Directors
shall be entitled to such fee for attend,
ing the meetings of the Board of Direc-
tors as BY said board may be fixed.
Special meetings OF the stockholders
NAV be called and held in the manner
provided for by the bylaws Of the cor
poration.
5 AT ali elections for directors and at al
. meetings ofstockholders each stockhold
E err shall be entitled to one vote for eacl
I share of stock recorded in the name o.
sucn stakeholder on the books OF this
corporation, but no stakeholder shall bs
entitled to vote at any election Oh any
shares of stock transferred to him with
in the twenty days Immediately proceed
ing such election.
: Tile Board of Directors shall, at 1t
. first meeting, elect from among
its members President and one or mor
/ Vice Presid2 nts, who shall hold otfic
during the term Of the Board making
such election, and i'll case Of vacancy Il
any Of the said position, the same shall
> be filled by election by the Board
z Directors. The said Board of Director
2 MAY designate and appointed such othe
NJ Vlte-fresldeuts not members OF SAL
!! Board a Cashier, Assistant Cashier
Is Officers. Attorneys al Law, agents, CLERK
), and other officers and employees
of MAY be nessasy or expedient III the co
If duct Of the business of this corporate
IF aud shall fix the compensation OF
l. such officers attorneys, agents and ell
b. ployees. All persons appointed by III
I'd Board of Directors as above shall hold {
to flee at the pleasure Of the Board.
I'd The Board of Directors shall have II
S, power to prescribe bylaw Tor the gov'
id ment OF this corporation not IN consi
mt tr ut with the law or the provision thete'
I'd and may name and appoint such con
as mittees as may be necessary and cow
ch n,ent, aud may vest in said committee
all 81 III power aud authority as the sa
boai u itself has and enjoys.
ARTICLE vi.
:. This act ofincorporation may be mod
49,, fled. changed, or altered; the capt.
=, stock may be increased, decreased
n modified or adaed to, or the number
=. shares may be changed, or this corpof
!. ton may be dissolved by vote OF IVY
:. thirds (2-3) OF the amount OF Tie capt
n, stock at general meeting OF the s'oel
holders convened for such purpose
la.ss t.nt