Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1922-03-24


for the management Of the affairs OF
the association as may be necessary
and proper and in conformity with
the provisions of the law and these
articles of association, and such by
laws to alter, amend and repeal at
pleasure; to do all things and perform
all acts as may be necessary and
proper in order to carry out the
purposes for which this corporation
is formed.
ARTICLE Nv.
All the corporate powers Of this
association shall be exercised by .
Board Of Directors, composed Of fif-
teen (15) stockholders Of the said
corporation; they shall be elected
annually at general meeting OF the
stockholders, held for that purpose
at the banking house of the corpor-
alton on the Second Tuesday in the
month Of January in each year, COM
mencing in January 1928; previous
notice of at least ten days shall be
given of each election by publ
cation in a newspaper published in
the Town Of st. Joseph, Louisiana,
and by personal letter, deposited in
the ordinary mail, addressed to each
shareholder in the corporation a.
shown by the books Of the corpor-
alton twenty days prior to the said
election. The said election shall be
conducted by three stockholders, not
directors, to be appointed on the
day of election by q majority Of the
stock present or represented BY
written proxy, and at each election
the persons receiving q majority Of
l the votes cast shall be declared duly
elected and shall take their seats al
once; but should no election take
place on the day fixed, from any
cause, the President shall cause an
election to be held as soon as pos.
sible thereafter, after ten days no.
tice published in a newspaper in the
Town of st. Joseph, Louisiana.
i All directors elected shall remain
in office until their successors are
duly elected and have taken theil
seats.
In all elections Of the corporation
each stockholder shall be entitled t.
one vote, either in person or By
written proxy, fer each share Of
stock held by him or her, provided
the person SO Offering to vote shall
have owned his or her stock at leas
thirty days prior to the date Of voting
Il At the first meeting Of the Boart
] Of Directors after their election
! they shall elect from their owl
! number a President and q Vice
j President. The said Board shall ap
] point a cashier and such other EN-
ployees as they may deem necessar!
y and proper for the transaction Of tn
business Of the corporation, and ma.
J delegate to their agents, officers O.
} committees Of Their own body sucl
power as they may think proper ant
!, expedient, and shall have power Il
dismiss all officers, agents and EN-
! ployees at pleasure; and shall defin
: their duties and powers and requir
: good and solvent bonds Of them II
some corporate surety company
: they shall fix the compensation o
!, all officers, clerks and employees o
3 said corporation,and adopt such by
laws, rules and regulations for tn
4, government Of the corporation an
: the transaction of its affairs as the
deem fit and as are not in conflic
: with this act Of the laws Of this State
E The Board of Directors shall hav
the power to fill all vacancies cause
by death, resignation or other cause
!, and five (5) members Of the Boar
5 shall constitute a quorum for tn
( transaction Of business.
e ARTICLE v.
y The President, and in his absence Q
inability the Vice-President shall b
the proper person upon whom a
citations and other legal process Q
: notices shall be served.
ARTICLE vi.
The said corporation shall CON
: mence business on or before the Ii
day Of March, A. d. 1922, and sha
: exist for a period Of fifty year
from date, unless sooner dissolved.
a ARTICLE VII.
The names and places Of residenc
Of the shareholders, and the numbe
of shares held by each Of them
: are as follows:
Name Residence Share
''IJ. P. Allen st. Joseph, La. rs
Chas. B. Allen Newellton, La. 10
'-IW. w. Burnside Newellton, La
+ Frank Lombardo Newellton, La,
Jason Taylor Newellton, La.
jC. v. Ratcliff Newellton, La.
: Thos. M. Wade, Jr., st. Joseph, La
Tim. w. Bland Point Pleasant, La.
';H. & J. Isaacs Newellton, La.
I'll. de Vries Newellton, La.
Martin Iacoby Newellton, La.