The star-progress. (Opelousas, La.) 1917-1921, 1920-06-26
500
TOTAL
ARTICLE V.


Section The business and affairs
of this corporation shall be managed
and all corporate powers thereof shall
be vested in, and exercised by, a
Board of Directors composed Of not
less than five 90 nor more than (3O)
stockholders, and any five members
of such board shall constitute quo
rum for the transaction of business.
No stakeholder shall be eligible to
Iserve as a member Of the Board of
Directors unless he be a resident Of
the State of Louisiana, and a bona
fide owner of record of at least five
shares of the capital stock OF this
corporation.
Section 2. The first Board of Dir
ectors shall consist of nine 90 MEM
bers and be composed of the follow
ing stockholders ,to-wit Frank DIM
mick, w. J. BOudreau, G. Horaist, F.
/ S. Barry, VIM Brinkhaus, A. I. Bur
leigh, DR.. c. A. Gardiner, Lloyd Fran
ques, and R. A. Castillo; and the first
officers of said corporation shall be
Frank Dimmick, President; W. j.
Boudreau, First Vice-President; G.
Horaist, Second Vice-President; and
If. S. Barry, Cashier. Said members of
said Board of Directors and officers
of said corporation shall hold office
until the second Tuesday of January,
1921, or until their successors are
duly elected and qualified.
Section 8. On the second Tuesday
| in January of each and every year
or the next succeeding legal day there
after, if the said day be dies non, a
meeting of the stockholders of this
corporation shall be held at its bank
ing house in the village of Sunset,
for the purpose of electing Board
Of Directors, a President two Vice
Presidents and a cashier, for the en-
suing year, which election shall be
held under the supervision Of two %
commissioners appointed by the Board
of Directors for the purpose and at
such meeting the stockholders may
transact such other business as may
properly come before them.
Section A. Notice of said meeting
shall be given to the stockholders IN
a newspaper published in the parish
of st. Landry, State of Louisiana, and
by written notice duly addressed and
mailed to every stakeholder of record
lat his lst known address at least ter
ldays before the date fixed for SAID
Injecting. All elections shall be by bal.
iot The stockholders shall first fix
1.-The number of Directors to serve dur
ing the ensuing year provided the
number be not ess than five (5) mol
more thirty 900 and after such num-
Der has been fixed, shall proceed tC
elect said directors, and also a presl
dent two presidents and a cash
Ter. The number Of stockholders t.
be elected as directors and to sale
offices. receiving the majority OF
votes cast at such election, shall bt
duly elected and shall sarve for The
ensuing year or until their success
ors shall have been duly elected anC
qualified. In case there shall be NJ
= election of directors and Officers or
the day appointed, an election Tor thC
THAT purpose shall be held as soor
! thereafter as practicable on day K
, he fixed by the Board of Directors
heen given to the stockholders as
hove provided. The failure for an!
nrevious notice of which shall have
! cause to elect directors and Officer
upon the day appointed shall not dis
solve this corporation, but the Off
GERS nd directors then in office shall
, hold over until their successors sinai
have been elected and qualified.
Section 5. Any vacancy which ma!
) exist or occur among the directors o.
officers by death, resignation or 9th
erwise shall be filled by the directors
or remaining directors, as the cas-
may be by the election of other dir
ectors or officers who shall serve un
til the next ensuing regular election
, or until their successors be duly elect
! ed and qualified.
: Section 6. Each member OF thu
Board of Directors shall be entitled
to such fee for attending the meeting
of the Board as by said Board may b.
p fixed.