The St. Mary banner., 1921-07-09

lfht uu r.fpyt II tAl~ corporation shall drar
- commission FIG pat tor rs duties as az
THr 2 a.., may make ana establish q, we'll
all r ard lnrHd "u, ma aII hy-IaW>. r.lr-
! and regulations. n#.e..l 10 Tr PER III -
| g5-ll'nt tnr ~ ,,ld,!.t. ,uPp.r ~ iadn-
| aEcmcnt # The business aud aftlr, 81 sIsi
! e"rtnrafa4u lta Board shall Aa}, fuii powr-
| Jhd autit,a.'} ~ borrow ur ioLn money, t.
rserIl- md receive mortgages pied-e, ana
/ liens. to .~lae bonds. notes and other ubI.-a-
| t"nE. IA" trefir -erv tudes md generally t1
ao II th.:.> reasonable convenient and ncrc,-
adEy for III" proper carrying on af tho huS-
I..~> of III" corporation
ARTICLE C.
whenever his corporation may BE- dissolved
either hF imtatcn Or from any other cdiI>t.
il, affair shall br ltiuiiItnd ~ thrrr com
mt>aionrr1 - hr appointed from dHoHg t!t
''G"khrdoro a. : general meeting Of the stock
hoiierN convened for such purpose, Of whicl.
meeting such notice shall he given in tn" nan
ntr and linz provided for in Article Of this
charter. and majority in amount OF the
capital stock Of this company. represented al
such meeting. shall b. requisite To elcct Such
| comma rsI"ncrs shall remain in office until the
Affairs 4 the said corporation -hal h,le been
tull} lilEdafcd- In ease Of death Of orr oI
n'rr u said commissioners. the vacancy shat,
he filled = eie'ti N nf the Surviving commits
,iCncrS
ARTICLE :
\ mondmcut to Charter.
This act # Incorporation may be modified
changed or altered the corpuration d.S-
3 l9rd. or thr capital stock increased or de
'rra>cd at general meeting of the stock
h 'lGcFr called for that purpose. after due no
t!cc Of same >hd! have been gwen in accord
lnec with Article of this charter. when ap-
proved bN ycte of The number Of stock
holders required hy ilw for that purpose
In the event f thrrc being no provision at
stich time ~ any existing statute. requirn. 4
specific vote Of the capital stock for any such
lrrpp S. then in that event. and when MT
conflicting with the law, the vote of two-thrds
If the capital stock represented at such stock
for sIIth Iu,nt
holders meeting in person or by proxy. can pas,
or the increase or decrease of the capital
ARTICLE =.
tracts or faults of said corporation in ans
stock, or the dissolution Of the corporation
Non Liability of Storkholdcrs
No s2chhoder shall ever be liable for con
further sGm than the unpaid balance due ,hr
corporation on the shares of stock owned by
him. nor shall auT mere inf0rmality of organ
iZhtion affect or render this charter null or
expose any stHckhoder to any liability beyond
Tie unpaid amount remaining due ON his
stock
ARTICLE 9
The first BOARD of Directors of this corpora
tion snail be composed Of John A. Pharr
whose post office address is Berwick La H
{. Banta, Ieanerette La. and Wilbur II
Kramer Franklin La: with X. {. Ranta a,
Treasurer. and Wilbur H. Kramer as Secre-
tary. 10 serve until the first Monday in Janu-
airy, 1872. or until their successors are elected
,nd qualified
ht AtbS'ilbtlS IHTelD nave respectively
written opposite their names the amount OF
stock in This corporation. subscribed for by
each cf then. 50 that this act of Incorporation
may also serve as the original subscription list
OF said corporation.
Thus done and passed at Franklin, in the
Parish Of 81 Mary. state of Louisiana. on The
date above written. in the presence Of l.. ]
LoGcndre and Olive Wise. two competent wi
ncsScs, of lawful age. whc hereunto sign their |
names with said appearrrS and ne Notary |
on the DAY and date aforesaid after due read |
ing of the whole.
!. A. i'IIARR,
Two Hundred (200) shares |
X. {. BANTA,
THo Hundred (20Ol shares !
WILBUR II. KRAMER
One l) share !
J. J. LrGENDRE,
OLIVE WISE.
ROBT. +. BRI'MBY |
lic |