The star-progress. (Opelousas, La.) 1917-1921, 1920-08-07
Article VI.

The business affairs of this corpora
ton shall be managed and all corpor-
ate powers thereof vested in, and ex-
ercised by, Board of Directors, COM
posedof not less than seven nor more
tSan fifteen stockholders, and ma
iority of the members of said Board
shall constitute a quorum for the
transaction of business.
The first board Of directors shall
consists of nine stockholders and until
the election hereinafter provided for,
the following persons shall constitute
the first board of directors: Oscar j.
Mistric of Opelousas, La, Ben Rise
man of Opelousas, La, Ben Christman,
of Opelousas, La, Henry Lastrapes, Jr.
of Opelousas, La, Arthur Lahaye OF
Leonville, La, Gordon Morgan of Mel
vile, La, John v. Sibille, of Opelou-
sas, La, Goldman L. Lassalle of Ope-
lousas, La, and L. Austin Fontneot of
Opelousas, La, and the first officers
of the corporation shall be, Oscar }.
,NIistric, President, Ben Riseman, Vice
President, and, and A. L. Andrus,
Cashier. The said Board of Directors
and officers shall serve until the Sec
ond Tuesday, of September, A. D.,
1921, or until their successors are duly
elected and qualified.
On the second Tuesday Of Septem-
Der, A. D., 1921, and of each and every
year thereafter, or the next legal day,
If the said second Tuesday happens to
be a legal holiday, meeting of the
stockholders of this corporation shall
be held at its banking house in the
City of Opelousas. La, for the pur-
pose of electing a Board of Directors,
a President, Vice-President and a
Cashier, for the ensuing year, and I'M
til their successors are elected and
qualified, which election shall be held
under the supervision Of two commits
sioners appointed by the Board OF D1-
rectors for that purpose.
Notice Of the said meeting shall be
given to the stockholders in news
paper published in the city of Opelou-
sas, La, and by written notice duly
addressed and mailed to every stock
holders of record at his last known adj
dress at least ten days before the date
Of the said meeting. ALI elections shall
be by ballot The first action of the
stockholders shall be to fix the num-
Der Of directors to serve for the en-
suing year, and which number shall
not be less than seven nor more than
fifteen, and then shall proceed to
elect the directors, President, Vice
President and Cashier. The Presi-
dent and Vice-President shall be elect
ed from those previously elected and
chosen as directors. In case there
shall be no election of directors and
Of officers on the day appointed, an
election for that purpose shall be held
as soon thereafter as practicable on a
day to be fixed by the Board of Di-
rectors with notice to the stockhold-
ers by letter, and publication in a
newspaper as above provided.
Any vacancy that may occur among
the directors or officers by death, re-
signation or otherwise, shall be filled
by the Board of Directors or the re-
naming members thereof, as the case
may be, by the election of other Off
GERS and directors, who Shall serve I'M
til the next regular election, or until
their successors shall have been elect
ed and qualified.
At all elections of Directors and Of
ficers and at all meetings stockholders
shall be entitled to one vote for each
and every stock in his name, and the
said vote may be cast in person or by
proxy. No stakeholder shall be en-
titled to vote at any election stock
transferred to him within the thirty
days Immediately preceding the said
election.
Article VII.
This act Of Incorporation may be
amended, modified or changed, the
capital stock increased or decreased,
or the corporation dissolved by a vote
of two-thirds of the outstanding stock
at a general meeting of the stockhold-
ers convened and held for that pur-
pose, after thirty days notice by mail
to every stakeholder of record at his
last known address, and notice by
publication in a newspaper published
at Opelousas, La. Such meeting may
be called by the Board of Directors
upon the written request Of the stock
holders holding majority OF the out
standing stock of its corporation.
Upon the dissolution OF this corpor-
alton, for any cause whatsoever, its
affairs shall be hquidated by three
commissioners chosen by majority
vote Of the stock Of record, the man
ner Of liQuidating shall be fixed by