The St. Mary banner., 1921-07-16

h,, mn officer Of tiis corporation shall ORA"
| any commission or pt' f"r ms ou''eS d' d'
Tba Board MAY make and establish as well
- ,I,ar ana amend any and ali bylaws. rules
| and regulations. nccesrrf M proper IN .H>
| indrment for the conduct support nd man
| soament of the business and aialrS or SAD
| asnn,,tiou The Board shall have full power
~ authority % borrow OF loan money, t.
srerl,te and recrtyt m"rt@aIes. pledges ana
liam, 10 issue b,nd,. notes and other ohiIId =
tions ia create seTytud'S ana GtheralN Z"
Il, ali things reasonable. convenient and nece,
,rv Tar the proper carving on Of the busl-
mes, Of the corp"rston
ARTICLE D.
Nheneyer thiS corporation may he diSSniFed
either by limitation from any other cause
i,s ,r,ir, shall lie lgudsted hy three cont
niss;onprs H. he app ,intea trpIa anong the
Stockholders AZ a general meeting "t the stock
builder, convened for such purpose. Of which
,"ss,trr srrh notice ShAIl he given in the man
npr and time provided for in Article : Of this
cbartpr and a majority in amount OF Tho
ranjtsI stock uf thi, COMPANY, represented ~
such n.cetinr. shall be requisite to elect. Such
romuliss nners shall remain in 0fhcc until the
affairs cf the said corporation shall nave been
fully Equidsted In case Of death Of one or
more Of said commissioners the vacancy shall
be filled by election Of the surviving commits
sioners.
A mendment to Charter.
This act Of Incorporation may be modified
changed ar altered, or the corporation Dis
solved or the capital stock increased or de
creased at a general meeting Of the stock
holder, called for that purpose, after due no
I,r, Of ;.a.e shall nave teen given IN dccnd
,rce WITH Article Of tnS charter, when APP
proved h. vote IF the number of stock
hcldrrs required by Law for that purpose.
In the event Of there being no provision AZ
such time in any existing statute. requlrin. a
specie vote of the capital stock for any such
purpose then in that tIPnt, and Whsn not
conflicting with the law, the vote of tWo-thirdS |
If the capital stock represented at such stock |
A resolution providing for such amendments |
holders meeting in person or by proxy. can pas,
or the increase or decrease of the capital |
ARTICLE 8.
tracts or faults Of said corporation in anll
stock cr The dissolution of the corporation.
Non Liability of Stockholders
No stGckhoider shall ever he liable for con
further sum than the unpaid balance due til,
corporation on The shares If st .ck owned h,
hrn. nor shall any mere informality of organ
zation aff,ct render tnls charter null III
,ypose any sockhQlder to any liability beyond
The unpaid amount remaining due on his
stock
ARTICLE O.
The first Board Of Directors Of this CORPORA
en shall be composed Of John A. Pharr
!, bose post office address is Berwick La X
:. Bania. jeanerette. La. and Wilbur ii
Kramer. Franklin. La; with X. c. Banta a.
resident ] A Pharr as Vice President and
,
ary, +" serve until the first Monday in Janu-
ry 1922. or until their successors are elected
nd qualified
The subscribers hereto have respectively
rritten opposite their names the amount ot
tnck in this corporation subscribed for by
ach Of them. 50 that this act Of Incorporation
nay also serve as the original subscription list
I said corporation.
Thus done and passed at Franklin in the
arsh Of St Mary, State of Louisiana, on the
ate above written. in the presence of L. j.
eGendre and Olive Wise, two competent wit ,
esses, of lawful age, whe hereuno sign their I !
ames with said appearers and me- Notary, /
the day aud date aforesaid after due read !,
* of the whole I
j. a. PIIARR
Two Hundred t200) shares y
X. {. BANTA.
Two Hundred t2OO) shares y
WILBUR II. KRAMER.
-. One % share
illnesses
L. J. LeGESDRE,
OLIVE WISE
ROBT f. BRUMBY,
Notary Public