The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1920-06-26
date specified shall not dissolve the

!
corporation, but the directors then in
| Office shall remain in Office until their
successors are elected and qualified,
ana shall have the authority to cali a
special election without published no.
tice to elect new Board. The frs,
board of directors named in the charter
shall elect from their number by bal
lot, q President, two or more Vice
Presidents, and q Cashier who snail
act as Secretary of the Corporation.
and the said Board may appoint such
committees, Office managers. clerks.
commissioners, agents. or employees
as they may deem necessary to carry
on the business of the Corporation and
said employees shall hold office and
shall be delegated such authority rs
the Board of Directors may see nit.
Said board shall also make and eslab-
fish at will, bylaws, rules and reguia-
lions for the proper management and
conduct of the business and affairs of
this corporation. All the corporate
powers of this corporation are hereby
vested in said Board of Directors, ex-
cept such as may be especially reserv-
ed by law, and these Articles of lncor-
poration, to the stockholders. The seal
of this Corporation shall be in the GUS
tody of the Cashier and shall be in the
form of Pelican feeding her young,
with the name of the Association in
scribed around the dye.
ARTICLE EIGHT.
The capital stock and the number of
shares in this Corporation may be in
creased or diminished, or this charter
may be modified, changed or amended,
with the assent of two third Cd Of
amount of capital stock, or the said
corporation may be dissolved with the
assent of three foprths of the amount
of capital stock of this association CIV
en- at general meeting of the stock
holders convened for the purpose after
due notice of said meeting shall have
been published in newspaper for thir-
ty DAYS prior to the converting of said
meeting and by written notice mailed
to each stakeholder addressed to his
residence, as it appears on the books
of the Corporation.
ARTICLE NINE.
Whenever this Corporation may be
dissolved, either by limitation or by
any other cause, its affairs shall be
liquidated by three stockholders to be
elected at a general meeting of the
stockholders to be convened for that
purpose after publication for thirty
days in a newspaper as heretofore set
forth, and two thirds of the stock vot-
ing at said election shall be required to
elect. The said liquidating commits
sioners elected at said meeting shall
remain in Office until the affairs of the
Corporation shall have been complete
ly liquidated and in case of death OF
one or more of said commissioners the
vacancy shall be filled by the remain
ing commissioners.
Thus done and passed, in my Office
at the town of Coifax, in the Parish of
Grant, on the day. month and year
herein first above written, in the pres
ence of S. w. Johnston and 7. M.
Smith competent witnesses, who here
unto sign their names, with said APP
bearers, and me, Notary Public after
due reading of the whole.
Witnesses: l.. l.. ROACH,
T. M. SMITH. Notary Public. 4
S. w. JOHNSTON.
STATE OF LOUISIANA, I
Parish of Grant
l hereby certify that the within and
foregoing is true and correct copy of
the original act of Incorporation and
charter which is now on file and of re-
cord in this office.
Filed for record on the 18th day of
May, A. d. 1920, and recorded on same
date, in book One of Charters, at page
81. under Register No. 5129. of the Re-
cords of the Parish of Grant. La,
Witness my official seal, and sigma
ture on this the 26th, day of May, A.
d. 1870. j. J. O'QUINN,
Clerk and Ex- Officio- Recorder.