The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1920-09-25
ARTICLE v.

ARTICLE Y.
Tie business and affairs of this corpora
ton Shall be managed and ali corporate
DO crs thereof shall be rested u ahdex
erclsed b. a Board Of Directors composed
Of nine Stockholders and five members
OF such Board shall .constlstute quorum
for the TRANSACTION of business.
On Tile second Tuesday in January OF
Of each and every year, or or the next
legal dav thereafter If the second Tuesday /
be dies non, a meeting OF tile stock
holders Of this corporation shall be held
at its banking house under the supervl-
sion of two ~ commissioners appointed
by the Board of Directors for the purpose
of elccting Direc ors 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 period of two weeks
i'll IL newspaper published i'll the Parish
Of St. Charles, and by written notice du-
" addressed and mailed to every stock
holder ot re cord at MS last known adj
dress at least one week previous tc said
meeting. All 81, Clos shall be by ballot
and the Stockholders receiving the major
ity OF votes cast at such election shallbe
duly elected and Shall serve for tile ersu-
Jig year or until their successors shall
have been duly elcc ed and qualified. In
ca,c there si,ll be no election OF directors
on the day appointed, all election for same
shall be held as soon thereafter rs prac-
ticable on d day to be fixed by the Board
of Directors, previous notice OF which
said e.tctlou snail lie given by written no
tice ,iu. addressed and mailed to every
stock holder of record at his last known
address ut least one week previous 10
said meeting. Tll- failure for any cause
10 eject directors upon the day appointed
shall not dissolve this corporation, bat
the officers and directors then in office
shall hold over until their successors
shall have beel 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
~ Mt
other stockholders who shall serve un
til the next ensuing regular election or
until the successors OF said board shall
be duly elected, qualified and installed
Eac. nlt .nber Of the hoard of Directors
shall be entitled to such fee for attend
ing the meetings of the Board of Dlrec.
tors as by said board may be fixed.
Special meetings of the stakeholder:
may he called and held lin the manner
provided Tor by the b, laws OF the cor
poration.
AT al. elections for directors and at al
meetings OF o.khoidcr each stockho1d
er shall be entitled to one vote tor eacl
snare OF stock recorded Ill the mamie o
sucn stocknodcr OH the books OF thl:
corpJratIon, but no stakeholder shall b'
entitled To vote al Any election Oh an,
, shares OF stock transferred TO him with
Ill the twenty days ,inned dtely proceed
ing such election.
} / he Board OF DIRECTORS shall, at it
first meeting, elect from among
lis members :, sreSltieut AID one or NOV
Vice rresid hts, Who Shall hold oftlc
during Inc term oil the Board maxim
: such cleciIoH, ard III case oi vacancy l
=, any vi the sad position, Tile saine sla
( Directors. ne sad Board OF director
D may desisiat and dppoin,ed such oths
i Ni>c-IIt s.ueuts hot members vi sai
5 Board "a Cashier, Assistant lashicl'
!, UIlIceIs ;. Attorney 5 al Law, agents, clcIi
II ana other officers and employee,
i may be nessasy or expedlent III tnc CO
l. ami siiaI! Tx The COMPENSATION OF d
J. suGn oItIIers attorneys, ason.s ana ell
Il piU, ces. ALI persons appointed " Il
u, ..oaru OF directors as auos { snail iiC4u
d lice al the pleasure OIL Tile Board.
iue Doa4u ol LII vCtoIs sinai have Il
"a power 10 prescribe y, -.a,,s ior lie 10Y
Il Iu>nt oi AIS CORPORATION not lii eoAsi
III leAt mltn the l.,w o. The ptov- sion tii~i {