The weekly Iberian. (New Iberia, La.) 1894-1946, 1920-04-17

elected a 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 ad-
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
hold Office for one year.
The president of this corporation
is hereby declared to be Fred J. Fei-
ght, whose post Office address is Jean
erette, Iberia Parish, Louisiana; it's
vice president, Emile Bourg, whose
post Office address is Jeanette, IBERIA
Parish, Louisiana; and its secretary
treasurer, j. Oneil Landry, whose
post office address is Jeanerette, Ibe-
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
x4o ali koC Il Of
ings may be held when ordered by the
Board of Directors, or the holders of
at least thirty-five percent of the out
standing stock, after notices as afore-
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 meeting, the president
shall appoint another stakeholder 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 a 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. The
election of directors shall be by bal
lot and the majority of the amount of
votes cast shall elect the person or
ersons 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
vided, 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,
fixing 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
liable or responsible for the contra
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
ing this act null or of exposing any
shareholder to any liability beyond |
the amount of his or her shares.
ARTICLE VIII.
This corporation shall have, enjoy
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 year |
1914 and this charter may be changed |
TERED or annulled, or the corporation |
dissolved under the terms and condi- |
tons 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.
T. O. LANDRY