The weekly Iberian. (New Iberia, La.) 1894-1946, 1920-04-10
THE WEEKLY IBERIAN

elected secretary-treaSurer OF the
said corporation who need not be a |
stakeholder therein. The following /
persons each of whom are and who
each declare themselves to be bona
owners of at least one unpledged
share of stock in this corporation,
shall constitute the first Board OF Di
rectOrs to-WIt:
Emile Feight, whose post office adj
dress is Jeanerette, IBERIA Parish, Lo-
uisiana; Emile BourG, whose post
office address is Jeanerette, Iberia Par
ish, louisiana; and J. Oneil Landry,
whose post Office address is Jeanerette
Iberia Parish, Louisiana.
The said Board of Directors above
named shall continue in office until
their successors are elected. Each
Board of Directors at the first meet
ing after their election shall elect
officers for the corporation as herein
above provided, who shall likewise
The president of this corporation
is hereby declared to be Fred j. Fei
ght, whose post office address is jean
erette, iberia Parish, Louisiana; its
vice president, Emile Bourg, whose
post Office address is Jeanette, IBERIA
Parish, Louisiana; and It's secretary
treasurer, J. Oneil Landry, whose
post Office address is Jeanerette, he
ria Parish, Louisiana.
Notice of stockholders annual meet
ings must be delivered personally or
by depositing same in the postoffice
properly addressed to each stockhold-
er at least ten (10) days before such
meeting. Other stockholders meet
ings may be held when ordered by the
Board of Directors, or the holders of
at least thirty-fve percent of the out
standing stock, after notices as afoTe-
said
The Board of Directors shall ap-
point a stakeholder to act as COM
missioner at elections of Board of Di-
rectors, and in the event of said COM
missioner failing to be present at the
time fixed for a meeting, the president
shall appoint another stockhoider in
his stead.
Failure from any cause to elect di-
rectors on the day named for the pur-
pose will not Dissolve this corporation,
but the directors in office as well as
the other officers of the company shall
hold over until their successors are
chosen. In such event the president
shall cause another election to be held
within thirty days and at date and
hour named by him, giving the not
ice to the stockholders as required by
laws
At every election and meeting each
stockhoider shall be entitled to one
vote for each share of the capital
stock of the corporation standing in
his name, and he may vote such stock
by written proxy to any other person
to represent him at such meeting. I he
election of directors shall he by bal
lot and the majority of the amount of
votes cast shall elect the person or
persons for whom they have been cast.
ARTICLE vi.
| The Board of Directors shall frame
and adopt such bylaws and rules and
regulations as the affairs and bust
ness of the corporation may require,
and as it may deem necessary for the
conduct and management thereof; pro-
vfded, the same shall not conflict with
this charter, or with the laws of this
state and of the United States. 1t
shall appoint such agents, employees
and clerks as it may deem proper,
liking their compensation and terms
of service and dismiss them at pleas
ure. 1t shall have the right to fix and
determine the salaries of the several
officers and employees hereinprovided
for. Any director may appoint an
other director or shareholder to act
and vote for him on all matters COM
ing before any meeting of the board.
ARTICLE VII.
No share holder shall ever be held |
= hi e
cts or faults of this corporation in |
any further sum than the amount of |
his Indebtedness to the corporation +!
nor shall any mere informality in or
ganization have the effect of render J
ing this act null or of exposing any
shareholder to any liability beyond I
the amount of his or her shares.
ARTICLE VIII.
This corporation shall have, enioy
and exercise all the rights and priv
ileges and immunities granted in Act
267, enacted BY the General Assembly
OF the State of Louisiana, in the wear
1914 and this charter may be changed !
altered or annulled, or the corporation |
dissolved under the terms and condi- |
lions and in accordance with said Act
No. 267.
Thus done and passed at my office in |
the City OF Jeanerette, Parish of Ibe- |
ria, State of Louisiana, on the day, !
month and year first above written
in the presence of H. B. Hewes and
H. F. Mundy, witnesses, who have
signed as such with the said appear
ers and me, Notary, after due read |
ing of the whole.
F. J. FEIGHT.
J. 0. LANDRY. ~
E. J. BOURG. "a
WITNESSES
H. B. HFWES