Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1922-03-31

tOr the management OI the dIIdlIS v
the association as may be necessar,
and proper and in conformity wit
the provisions of the law and thes
articles of association, and such by
laws to alter, amend and repeal a
pleasure; to do all things and perform
all acts as may be necessary ant
proper in order to carry out tn,
purposes for which this corporation
is formed. 20 81,
ARTICLE Nv.
All the corporate powers of thi
association shall be exercised by ,
Board of Directors, composed of fit
teen (15) stockholders Of the sait
corporation; they shall be elected
annually at a general meeting Of tn,
stockholders, held for that purpos,
at the banking house of the corpor
alton on the Second Tuesday in tn,
month Of January in each year, com
mencing in January 1928; previous
notice of at least ten days shall b.
given of each election by publ
cation in a newspaper published il
the Town of St. Joseph, Louisiana
and by personal letter, deposited in
the ordinary mail, addressed to each
shareholder in the corporation al
shown by the books of the corpor.
alton twenty days prior to the said
election. The said election shall BIZ
conducted by three stockholders, NOT
directors, to be appointed on the
day of election by majority Of the
stock present or represented by
written proxy, and at each election
the persons receiving q majority Of
the votes cast shall be declared duly
elected and shall take their seats at
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.
All directors elected shall remain
in office until their successors are
duly elected and have taken their
seats. :
In all elections Of the corporation,
each stakeholder shall be entitled to
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 least
thirty days prior to the date OF voting.
At the first meeting Of the Board
Of Directors after their election,
they shall elect from their own
number a President and Vice
President. The said Board shall ap-
point a cashier and such other en-
ployees as they may deem necessary
and proper for the transaction of the
business of the corporation, and may
delegate to their agents, officers or
committees Of Their own body such
power as they may think proper and
expedient, and shall have power to
dismiss all officers, agents and en-
ployees at pleasure; and shall define
their duties and powers and require
good and solvent bonds Of them in
some corporate surety company;
hey shall fix the compensation Of
all officers, clerks and employees of
said cOrporation,and adopt such by
laws, rules and regulations for the
government of the corporation and
the transaction of its affairs as they
deem fit and as are not in conflict
with this act of the laws of this State.
The Board of Directors shall have
the power to fill all vacancies caused
by death, resignation or other cause,
and five (5) members of the Board
shall constitute a quorum for the
of business.
ARTICLE v.
The President, and in his absence or
the Vice-President shall be
the proper person upon whom all
citations and other legal process or
notices shall be served. :,
ARTICLE vi.
The said corporation shall COM
mence business on or before the LIST
day Of March, A. d. 1922, and shall
exist for a period Of fifty years
from date, unless sooner dissolved.
ARTICLE VII.
The names and places Of residence
of the shareholders, and the number
of shares held by each of them,
are as follows:
Name Residence Shares
]. P. Allen st. Joseph, La. 259
Chas. B. Allen Newellton, La. 100
W. w. Burnside Newellton, La s.
Frank Lombardo Newellton, La, 2
Jason Taylor Newellton, La. s
C. v. Ratcliff Newellton, La. 5
Thos. M. Wade, Jr., st. Joseph, La s
NJ. w. Bland Point Pleasant, La. L
H. & ]. Isaacs Neweilton, La. s.
L. de Vries Newellton, La. 3
Martin Iacoby Newellton, La. 8
Leo Jaocby Newellton, La. 3
Wimberly & Reiber Newellton, La. s
Geo. D. Bland Point Pleasant, La 2
K. B. Mcmillan Newellton, La. s.
h. c. Lang Newellton, La. 8