The weekly Iberian. (New Iberia, La.) 1894-1946, 1922-07-15

each wear. of which said election nj
teen DAYS notice shall be given prior
thereto bv written notices sent by
mail to each of the stockholders, al
least fifteen days prior to SAID cleo
ton Each stakeholder shall be emu,
tied to as many Votes as ne shaii
have shares of stock, which may be
cast in person or by proxy, and a
majority of all votes cast shall eiec.
and in case of tie vote IN any OF
said elections, or in any other busi-
ness matter or controversy arising
at any meeting or meetings OF the
stockholders or of the Board of d.
rectors, the deciding vote shall be
cast by the President. A failure to
elect directors on the date above spe-
Gifted shall not have the effect OF dis
solving this corporation but the IN
cumbent directors or officers shall, IN
such event, hold office until their
successors shall be elected and quail
fed until meeting held after notice
duly given as above prescribed. ANY
vacancies occurring in the Board OF
Directors shall be filled from the
stockholders by the remaining Board
of Directors.
ARTICLE 6.
The officers of this corporation
shall consist of President. wee
President, and Sccretary-Treasurer.
The office of Secretary and TreasW
er may be held by one and the same
person, as decided upon by the Board
of Directors. The said officers shall
be elected by the Board of Directors
at the same time that the Board OF
Directors are elected, and the Off
GERS thus elected shall have the pow
err to employ such clerks, bookkeep-
ers, agents and employees as are
necessary for the business of sale
corporation, and to fix the salaries
for same. For the present and unit
an election is held for the purpose OF
electing Board of Directors anc
officers as provided in Article Five
hereof, the following stockholders
shall constitute the first Board OF
Directors and officers, to-wit: w. l.
, Colvin, President. Pascal Macaione
| Vice President, and Berthold Calm
Secretary Treasurer, and they shall
, continue in office until their success
ors shall have been elected and in
stalled in office.
ARTICLE 7.
All transfers of stock Of this cor
poration must be made upon the sur
render of the certificate of stock ant
by and under the direction of tn
Secretary of this Corporation. An.
stakeholder desiring to sell his stool
must first offer the same to the Pres
idcnt of said corporation, who shall
have the option of purchasing tn
same for the company or for him
self at the price fixed by the owne
| thereof, and he shall have a ten-da
option in which to purchase same
and upon his failure to do 50, the
the party holding said stock for sal
will have the right to sell the sam
to any one desiring TO purchase tn
said stock. All such stock shall hav
printed upon its face Transferred
persons not originally members 0
said corporation, only upon condi
tions named in Article Seven Of tn
Charter Of said Company"
No stakeholder shall ever be he'll
liable or responsible for the obliga
tions, contracts or debts of this cor
poration in any farther sum tina
the unpaid balance due on the sub
scription of the shares of stock he'll
by him, nor shall any informality i
organization have the effect of rend
ering this charter null.
ARTICLE 8.
This Charter may be amended, al
tered or modified or the corporation
dissolved by a vote of two-thirds o
it's capital stock, represented at
meeting called for that purpose, .
which meeting thirty days motto
shall be given by publication, an
written or printed notices in tn
manner mentioned for other meeting
ARTICLE 8.
Whenever this corporation shal
be Dissolved by limitation of its char
ter or otherwise, its affairs shall b
liquidated by three commissioners t
be elected at meeting called 70
that purpose. after the service an
publication Of the notice required i
Article Eight of this Charter Sue
commissioners shall remain in offic
until the affairs are entirely liquida
ted, and in case of the death of
commissioner, the place thereof sha
be filled by an election of the stock
holders in the manner aforesaid; bu
the election shall not last, nor
commissioner remain in Office for
longer period than one year.
So that this Charter shall serv
also the purpose of and as a sui
scription list, the undersigned organ
izers of this corporation have res
pectfully subscribed for stock there
in in the number of shares an
amounts respective set opposite thei
signatures hereto.
Thus done and signed at my offic
in the Town of Jeanerette. Iberi
Parish, Louisiana, on this 9Th da
of June, 1929, in the presence Of [
NJ. Andre and A. NJ. Andre, tw
competent witnesses who sign thes
presents with said appearers an
me, said Notary, after due readin
of the whole.
w. l.. Colvin. .........9 80 share
B. Calm s. share
Pascal Macaione .......5 share
Witnesses: