The weekly Iberian. (New Iberia, La.) 1894-1946, 1922-04-22


this provision; and this company
shall be under no obligation to hst
said stock on its books, or to regard
the holder of the cen tificate thereof.
ARTICLE VII.
The corporate powers of this cor
poration shall be vested in and ex-
ercised by Board Of Directors
composed of four stockholders, three
of whom shall constitute a quorum
for the transaction of business. but
the said Board of Directors may De
increased to five, by a majority vote
of the outstanding stock at any an.
nual meeting, or at any speclai
meeting of the stockholders called
for that purpose, and without the
necessity of any further amendment
or alteration of this charter.
The Directors of this corporation
may vote in person or by proxy at
anv of the meetings of the Board of
! Directors, and the Board OF Direc-
tors may delegate any OF It's powers
to any officer or officers, or any
other representative of the company
by appropriate resolution 10 tha' Il
| feet. ~,
The first Board of Directors shall
be composed of the following: Charles
Boldt, Max Zimmerman, Lawrence
Schwabacher, Jake Levy. WIN:
Charles Boldt, President; Max Aim-
norman, e-President; Lawrence
Schwabacher, Secretary treasurer;
and they shall serve until the second
Monday in March. 1928, or until
their successors are duly elected ana
qualified. The Directors shall oe
elected annually at meeting heia
on the second Monday OF March OF
each year thereafter, notice OF sucn
meeting being given according 70
law, and the Board of Directors may
change the date of said annual meet
inc bv written notice to that erect
sent at least fifteen days before date
to which meeting has been changed
:, directed to each of the stockholders
> at his last known place of residence
,, Each stakeholder shall at such an
NAL meeting or other meeting, gen.
, eral or special, be entitled, in per
con or by proxy, to one vote 1or
every share of stock owned. The cleo
tion shall be held under such rules
and regulations as may be from time
. to time determined by the Board OF
directors. The Directors. when elect
! cd shall hold office for one year, or
: until their successors have been
elected and qualified, and failure To
i hold the annual meeting OF STOCK
holders or to elect annually the oil
5 rectors shall not operate the fore
fixture of this charter or any OF the
: rights Hereunder. Any vacancies oc'
curing in the Board of Directors
r NAV be filled by the directors fol
n the unexpired term.
ARTICLE VIII.
This charter or act of incorpora
d ton may be changed, modified, alter
f cd. or amended by and with the con
d sent of two-thirds Of all stock pres
s ent at any meeting general or spe
: cial held for that purpose, and suci
amendment may be material or i'm
material, subject only to the limita
h tions as may be by law provided
: and this corporation shall have pow
i err to increase it's capital stock a
: hereinbefore set out, and to decreas
it's capital stock as provided by law
n and any increase of capital stock il
s. excess of the amount named hereil
d as the amount to which the capita
., stock may be increased may be mad
, by a three-fourths vote Of all out
IS standing stock.
J. ARTICLE TX.
y Notice of any and all meeting:
r, except as otherwise provided in thi
ID charter, shall be given in the man
C. ner provided in giving notices i
e case of elections, under the law, ur
r, less such notice shall have bee
Z, waived.
IF In case of the dissolution, liquids
s, ton or termination of this charte
III by limitation or otherwise. the a
e. fairs of this corporation shall 3
ie liquidated by one or more liquidator
is elected by the stockholders, who ma
IN provide the number of said lquids
n. tors, and vest them with such auti
e, ority as may be by law permitte
IN and fix the terms and conditions vi
IS, on which they shall serve, and the
e. compensation, and provide that
tn case of the death or disability
"a any one of the said liquidators, II
remaining liquidators may I'LL tt
as vacancy or continue to act on beha
ny of the corporation.
ne ARTICLE x.
,s No stockholders of this corpor'
h. ton shall be liable or responSib
nd for any costs, contracts, debts I
faults of this company or any OF i
officers, nor shall any mere inform
atty in organization have the effe
"a of rendering this charter null al
OF void, or of exposing stockholder
% any liability beyond the unpaid ba
ed ance due on the stock held by him
OF ARTICLE XII.
be Tho c,,hccrihnrc harofo either
as person or through their duly CO
er stituted agents and attorneys
n fact, which power Of attorney q
by hereto attached to this act. and MAJ
part of it, and on file and Of re
ord in the notarial records of tt
" undersigned notary, have written o
en- posite their names the number
ed shares subscribed to by each
'ai them and their post office addresse
Dr., so that this charter may serve as
TX subscription list of the corporatio
D. all of which subscriptions are pa
OK able in the manner and form set o
IN, herein.
THUS DONE AND PASSED,
my office, in the City of New o
a. leans, on the day, month and ye'
of herein first above written, and in q
OF presence of ]. M. Sour and Paul
ali Chasez, competent witnesses, wi
ut have hereunto signed their name
at together with the said appearers al