The star-progress. (Opelousas, La.) 1917-1921, 1920-08-21

The business affairs Of this corpora
ton shall be managed and all corpor-
ate powers thereof vested in, and ex-
ercised by, a Board of Directors, COM
posedof not less than seven nor more
than fifteen stockholders, and a ma
jority of the members Of said Board
shall constitute a quorum for the
transaction of business.
The first board Of directors shall
consists of nine stockholders and until
the election hereinafter provided for,
the following persons shall constitute
the first board Of directors: Oscar J.
Mistric of Opelousas, La, Ben Rise
man of Opelousas, La, Ben Christman,
of Opelousas, La, Henry Lastrapes, Jr.
of Opelousas, La, Arthur Lahaye of
Leonville, La, Gordon Morgan of Mel
vile, La, John V. SibilIe, Of Opelou-
sas, La, Goldman L. Lassalle of Ope-
lousas, La, and L. Austin Fontneot Of
Opelousas, La, and the first officers
of the corporation shall be, Oscar J.
Mistric, President, Ben Riseman, Vice
President, and, and A. L. Andrus,
Cashier. The said Board of Directors
and officers shall serve until the Sec
ond Tuesday, of September, A. D.,
1921, or until their successors are duly
elected and qualified.
On the second Tuesday of Septem-
Der, A. D., 1921, and of each and every
year thereafter, or the next legal day,
If the said second Tuesday happens to
be a legal holiday, meeting of the
stockholders of this corporation shall
be held at its banking house in the
City Of Opelousas. La, for the pur-
pose of electing a Board Of Directors,
President, Vice-President and a
Cashier, for the ensuing year, and I'M
til their successors are elected and
qualified, which election shall be held
under the supervision of two commits
sioners appointed by the Board Of Di.
rectors for that purpose.
Notice Of the said meeting shall be
given to the stockholders in a news
paper published in the city Of Opelou-
sas, La, and by written notice duly
addressed and mailed to every stock
holders Of record at his last known ad-
dress at least ten days before the date
Of the said meeting. All elections shall
be by ballot. The first action Of the
stockholders shall be to fix the num-
Der Of directors to serve for the en-
suing year, and which number shall
not be less than seven nor more than
fifteen, and then shall proceed to
elect the directors, President, Vice
President and Cashier. The Presi-
dent and Vice-President shall be elect
ed from those previously elected and
shall be no election Of directors and
Of officers on the day appointed, an
election for that purpose shall be held
as soon thereafter as practicable on a
lay to be fixed by the Board of Di-
rectors with notice to the stockhold-
ers by letter, and publication in a
newspaper as above provided.
Any vacancy that may occur among
he directors or officers by death, re-
;ignation or otherwise, shall be filled
BY the Board of Directors or the re-
members thereof, as the case
nay be, by the election of other Off
sers and directors, who shall serve I'M
ii the next regular election, or until
heir successors shall have been elect /
ID and qualified.
At all elections of Directors and Of
icers and at all meetings stockholders |
hall be entitled to one vote for each |
md every stock in his name, and the |
aid vote may be cast in person or by
proxy. No stockholder shall be en-
tiled to vote at any election stock
transferred to him within the thirty
lays Immediately preceding the said
lection.