Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1920-05-01

sealed with the seal Of the co~paratjon
II one is adopted, and shall De tr,ns
terable as prescribed by law.
T1e capital stock Of the cotpor,,io,
may he increased, in the m,unr. L,'..'
matter prescribed, TO the amrurf If
one Hundred Thousand 500, 900 ool
Dollars. '''l
No stock or bond Of this cor,.ro,iop
shall he issued except for lab,r dam,
services rendered, or money or uro'
perty actually received.
ARTICLE THREE.
The domicle of said corpora,ip1 shall
be at Abbcville, Ncrmilicn PYr..a
Louislana, where all meetings # n, L
holders or directors must be- hriI nm
Nidcd that with the written con,rut or
an the directors, valid mrot.uos -
directors may be held outside tho
state or within the State .I,.,,vl..,o
than at its domiciIc. Al .ita.In.s 49,
other legal process shall be .ory.,I omen
the President, or, IN case of his ab-cuc.
upon the President, or. IN ca,, of
the absence of both of these officer.
upon the Secretary Treasurer Of ue
corporation.
ARTICLE FOUR.
The objects and purposes for which
TINS corporation is established AMI fire
nature of the business to bee rarr..I ..,
by IT are hereby declared and Spcrid.I
to be, as follows, to-wit:-
To manufacture, buy, sell, ,yu or
otherwise deal in, electric lights. a...-
realtors dynamOs, storage and primary
batteries accumulators, aud ali eject
ricaI appliances, contrivauc.s. devices.
goods wares and merchandise. ami All
other other Eliminating and hca,ir.r
apparatus, and conductors Of clc.trI-
city, used for the purpose If lighting.
heating and furniShign power.
ARTICLE FIVE.
The business and affairs of thi, ,,r-
poration shall be managed by Board
of five Directors, and all powers Of
this corporation, without restriction.
shall be vested in and exercised by
said Board of Directors, Each directors
shall own in his own right, at all times
during his term of office, at least one
tullpaid and unpledged share of is
capital stock, Said Board of Directors
shall be elected annually on the inst
legal day of the month Of April of each
year, the first election TO be held i'm the
year 1921. The said directors shall
elect from their number aPresident.
a FicePresident and a Secretary -Trca-
Surer, They may appoint other agents
and employees, who may be removed
at the pleasure Of said directors. They
shall also have powers to fill any va
cancy in their number.
Tne directors shall be elected al
stockholders meeting, held at the
dmoicile Of the corporation, and notice
of said meeting shall be delivered, per.
Sonally or by depositing in the post
office, properly addressed, to each stock.
holder, at least fifteen days before such
meetings
Other stockholders meetings NAV be
held when ordered by Board Of Direc.
tors OF upon demand of twenty-five per
centum of the outstanding stock notice
OF such meetings to be given as pre-
scribed for meetings to elect directors,
Each stakeholder shall at every S ock,
holders meeting be entitled to one
vote, In person or by written proxy,
for each saare Of the capital stock he'd
by him, or he may send his vote by
letter, the trature Of which must lie
acknowledl4 before a Notary Puzzle
or other authorized TO take at,
fidavits. stockholders shall have
the rigat 4Sumuiative voting in the
election O qtors.
Until 81 a general meeting to be
held unde1 Ischarter on the first Iegal
day q Id path o. zpfli, W., sSsY
BoardSof DiIesofs shall be composed |
Of Messrs 81 Wood, Watson Wood,
Jonas Well, Jacob Well aud Mrs
Bertha Levy, residents Of Abbeville,
yerm.Hon ia sh, Louisiana, with u.
o. Wood, ~ PRESIDENT, Watson Wood,
as Vice.PresteDt, and MIA Bertha
Levy, as seeFSary-treasurer.
The Preside4, or in his absence the
Vice. President Of this corporation,
shall have possr in the name and IN
behalf Of theeofpOration to aut lorize
he institution of any suit and other
legal trseeedigs, as authorized by Sec
ton IS Of AG No. l67 Of 1914.
ARrICLE SIX.
At a meeting Of the stockholders
duly called fof The purpose, by the vo e
of two. I'LL DIS d oil Its stock, these arti-
clcs of incorpuati9n may be nmeadac,
modified orchsnged, in any manner eoA'
tormable to tie laws Il this stat :, IN
ending the Increase or decrease OF its
capital stsek, Provided, however, that
the OBJECTS and purposes Of incorPora-
ton shall not be changed, and tle eapi'
tai stock shah not be increased to N re
than the maximum permitted o. this
charter, nor decreased to less than the
corporate indebtedness. A change in
objects and purposes may, however, be
voted by AL stock issued, and an in,
crease Of the capital stock in excess OF
the amount named as the sum to which
the capital stock may be increased may
be made by three-fOurths Of all its out
standing stock. ,.r =,
Certificates Of amendment shall be