The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1897-07-08
Charter Of
KNOX POINT AND SHREVEPORT
TELEPHONE COMPANY

CParish of Bossier dersigned autbo "S un'
Notary Public IN and for Bossier Parish fon
isiana. duly commissioned, sworn and onsi:
fled, in and for said parish, personally csme
and appeared the parties whose names a.o
hereto undersi gned, who stated and decI.~as
to me, Notary, that availing themselves of tSa
laws of Louisiana, and more especiallv th
acts of the General Assembly of 1855 10 tue
enacted by Act No. Ia. of the General Assa,,
bly, of 1880, providing for the erection of ts,a
of intelligence thereby, they have formOd
themselves into body corporate, and do Nv
these presents form and constitute tbemsaIrs
into body corporate for the purposes anS
under the conditions hereinafter expressed
|.
The name and title of this Corporation sbsu
be The Knox Point and Shreveport TeIenhona'
Company, with its dOmicile at Knox POin,
BOsser parish Louisiana, and vi hose eornorotI,
name shall enjoy succession for the period 81
ninety nine years, unless sooner dissolved tr
consent of the Stockholders, and as hcreiuaf,s,
provided.
The object and purpose of this Corporation
shall be to erect and maintain a telephona In
from Des Arc, on line of Red River, and Kno1
Point, in Bosser Parish. Louisiana, to the Ctn
of Shreveport. Caddo Parish, Louisiana with
the rights and privilege of extending said line
in any direction from said points to anv otbar
point within the said State for the purnosa of
transmitting intelligence thereby; and tn
locate and maintain such stations or othees
along said line as tho Stockholders NAV deem
necessary and beneficial thereto.
Ill.
The capital stock of said CORPORATION shall
be twelve hundred dollars, divided into two
hundred and forty shares, of five dollars per
share, with the privilege of increasing said
capital stock to twenty five hundred dollars
whenever IL Q Stockh"ll, rs shall deem it nec.
essary, and the business OF said Corporation
shall require.
AS soon as twelve hundred dollars has been
subscribed aud paid in, this Corporation shall
be considered complete and shall 20 into
( active operation.
The office: of this Corporation shall consist
| of President, who shall be ex-officio General
,, Manager of said Corporation Vice President.
| who shall act in the absence OF the President.
and Secretary, who shall be ex-officio Treas.
urer, who shall hold their offices for the period
| of one year, or until tn, ir successors are duly
elected aud indicted into office.
The first President shall be ] w. Atkins W.
D. Mercer, Vice President, f. S. Dortch, Sec-
rotary and Treasurer.
| On the third Monday in July, 1893, at tho
domicile of this Corporation, their successors
| shall be elected, and annually thereafter. an
herein provided, each Stakeholder being en-
| titled to one vote for each share of stock own.
ed by him, a ma j0rity of stock represented and
| voting at said election shall elect: provided
that any Stakeholder may authorize another
Stakeholder to represent him ut such meeting
by written power of attorney; provided fur
Their, that no officer herein named shall receive
any salary, except the Manager and Secretary,
whose salary shall be fixed by the stockholders
of said Corporation, each stakeholder being
entitled to one vote for each share held and
owned by him.
The General Manager shall have power to
employ and discharge all employees necessary
to erect and maintain said Telephone line, or
any business connected Herewith, subject to
the advice and consent of the Board Of Dirce.
tors as hereinafter provided for
The management of this Corporation shall 10
nnder the control of a Board of Directors con-
sisting of five Stockholders the President and
General Manager being x-OtficiO Chairman Of
said Board, who shall be elected annually by
the Stockholders of said Corporation at the
regular annual election of officers on the third
Monday of July in each year, each vote Of
Stockholders being in proportion to amount
stock owned by him.
The first Board of Directors shall be as fol-
lows: J. w. Atkins, General Manager and OK.
offco Chairman; w. d. Mercer, Jr.. A. Curtis
E. 5. Dortch and J. +. Ivy, who shall hold
office until their successors are duly elected
and sworn in; provided, that no member OF the
Board of Directors shall receive o salary -
such.
VI
The place of meeting of this Corporation
shall be at its dOmicile, Knox Point, which
& shall consist of at least one annual meeting On
the third Monday of July of each year. and
} such other as the Board of Directors or Stock
y holders may deem necessary: and it shall be
the duty of the President to call a meeting on
the petition of three of the Stockholders hereof
by giving written notice thereof for ct least
five days before the day of meeting.
} This Corporation shall have power to own,
q lease, hire and to sell movables and immoya.
bles, to sue and be sued in its corporate name;
u to have and to use a corporate seal and TO
I change same as they may desire; to employ
snch employees as they may deem necessary in
operating the business, and to discharge the
S same and to do and perform any and all acts
necessary to carry out the object and purpose OF
this Charter and the Bylaws adopted there
under. 1t shah have power to adopt such BY
Laws as the Stockholders may deem necessary,
and to change same at pleasure; providel, inc
: same are not contrary to law or this Charter.
VIII.
All suits for or against this Corporation shall
% be in the name of the President, and all ser
t, vice and citation must be served on him ID per
g son, or in his absence, on the Secretary OF tho
d office of said Corporation,
h TX.
There shall be kept by the Secretary vi 'l's
Corporation stock book, on which shall % =
recorded the names of the Stockholders, anu
the amount of stock owned by them, and tae
President may issue Certificates Of stock,
81 countersgned by the Secretary, tor the amour.
~ !, of stock owned by such parties as may desi's
u the same. 60
q. The transfer of the stock of the Corpofatoon Y
o1 shall only be perfected by transfer on ! IN
books Of this Corporation, rs herein pfo'"'u
for.
- The Stockholders of this Corporation snsi
have power to dissolve the same at sPe aas,
"a meeting called for that purpose thirty aas'
,s' previous notice having been given in wr'uni
~ by the President of the purpose thereoi' sAA
q two-thirds OF the stock voting therefor :. Il.
r. A quorum at any meeting, either " !. ~
ho Stockholders or Board of Directors, snan u
N majority of such members; and at the asss
d ton of this Charter, for any cause the Ss
liz holders shall appoint board OF iiquaaa, w,
Az consisting of three Stockholders, tor tne ~,
On pose of winding up the affairs Of said Corl"
10 ton, the said board of liquidators 70 re- ~,
such pay as the Stockholders may aeen, NJ. m
~ to give such bond as may seem sutacien' W..
90 Stockholders.
VI The Stockholders at any meeting ealled ~. :,
he that purpose, thirty days previous notice
m ing been given by the President IN ,s Ti ha,
- n