The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1920-08-28
ARTICLE Y.

may prescribed.
ARTICLE V.
The business and affairs of this corpora
ton shall be managed and all cooperate
ercised by a Board of Directors composed
of nine stockholders and five members
Of such Board shalls constistute quorum
for the tran SaCtlon. OF business.
On the second Tuesday i'll January of
of each and every year, or OF the next
legal day thereafter if the second Tuesday
be dies non, a meeting of the stock
holders of this corporation shall be held
at its banking house under the supervi-
sion of two (2) commissioners appointed
by the Board of Directors for the purpose
of electing Directors for the ensuing year
and for the transaction of such other bust
ness as may properly come before said
meeting.
Notice Of said meeting shall be given
to the stockholders by publication at
least once during a period of two weeks
in a newspaper published in the Parish
of St. Charles, and by written notice du-
ly addressed and mailed to every stock
holder of record at his last known adj
dress at least one week previous to said
- -,
and the stockholders receiving the ma jor
itv OF votes cast at such election shallbe
duly elected and shall serve for the ensu-
ing year or until their successors shall
have been duly elected and qualified. In
case there shall be no election of directors
on the day appointed, an election for same
shall be held as soon thereafter as prac-
ticable on day to be fixed by the Board
of Directors, previous notice of which
said election shall be given by written no.
tice duly addressed and mailed to every
stock holder of record at mis- last known
address at least one week previous to
said meeting. The failure for any cause
to elect directors upon the day appointed
shall not dissolve this corporation, but
the officers and directors then in office
shall hold over until their successors
shall have been duly elected, qualified
and installed
Any vacancy which may exist or occur
among the directors by death, resigna-
ton or otherwise, shall be filled by the
election by the remaining directors of
other stockholders who shall serve I'M
til the next ensuing regular election or
until the successors of said board shall
be duly elected, qualified and installed.
Each member ofthe Board of Directors
shall be entitled to such fee for attend
ing the meetings Of the Board of Direc-
tors as by said board may be fixed.
Special meetings of the stockholders
may be called and held in the manner
provided for by the bylaws of the cor
poration.
At all elections for directors and at all
meetings ofstockholders each stockhold-
er shall be entitled to one vote for each
share of stock recorded in the name of
such stakeholder on the books of this
corporation, but no stakeholder shall be
entitled to vote at any election on any
shares of stock transferred to him with
in the twenty days Immediately proceed
ing such election.
The Board of Directors shall, at its
first meeting, elect from among
its members President and one or more
Vice Presidents, who shall hold office
during the term of the Board making
such election, and in case of vacancy III
any of the said position, the same shall
be filled by election by the Board of
Directors. The said Board of Directors
may designate and appointed such other
Board),a Cashier, Assistant Cashiers,
Officers Attorneys at Law, agents, clerks
and other officers and employees AS
may be nessasy or expedient in the con
duct of the business of this corporation
and shall fix the compensation of all
such officers attorneys, agents and EN-
ployees. All persons appointed by the
Board of Directors as above shall hold of
flee at the pleasure of the Board.
The Board Of Directors shall have the
power to prescribe bylaws for the COVER
ment of this corporation not in consis-
tent with the law or the provision thereof
and may name and appoint such COM
mittees as may be necessary aud conve
nient, and may vest in said committees
all such power and authority as the said
Board itself has and enjoys.
ARTICLE VI.
This act ofincorporation may be modi
fled, changed, or altered; the capital