The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1897-08-12
Charter Of
KNOX POINT AND SHREVEPORT
TELEPHONE COMPANY

and appeared the parties whose nsnea Ara
hereto undersigned, who stated and declared
lava of Louisiana. and more especisliv ~, ~
acts of the General Assembly of lS5s. a. ~.
enacted by Act No. 124, Of the General As..,~-
bly, Of 1880, providing for the erection of teis.
graph and telephone lines for the transmisa;o.
Of Intelligence thereby, they have formed
themselves into body corporate. and do bv
these presents form and constitute themselyes
into . body corporate for the purposes ma
under the conditions hereinafter exp ressed.
The name and title Of this Corporation ,ba,,
be The Knox Point and Shreveport Telephons
Company, with its domicile at Knox Point
Bossier parish Louisiana, and whose corporatn
name shall enjoy succession for the period az
ninety nine years, unless sooner dissolved bv
consent of the Stockholders, and as hereinafter
provided.
The object and purpose of this Corporation
shall be to erect and maintain q telephone linz
from Des Arc, on line Of Red River, and Knox
Point, in Bossier Parish, Louisiana, to the CITY
Of Shreveport. CaddO Parish, Louisians, With
the rights and privilege of extending said line
in any direction from said points to any other
point within tie said State, for the purpose Of
transmitting intelligence thereby; and to
locate and maintain such stations or Offices
along said line as the Stockholders may deem
ucCcoosIy oAU UCAOASA0a shCACtOs
The capital stock Of said Corporation shall
be twelve hundred dollars. divided into tvo
hundred and forty shares, of five dollars Dor
share, with the privilege Of increasing said
capital stock to twenty five hundred dollars
whenever the Stock holders shall deem it nec-
essary, and the business Of said Corporation
shall require.
AS soon az twelve hundred dollars has been
subscribed and paid in, this Corporation shall
be considered az complete and shall 70 into
active operation.
The officers Of this Corporation shall consist
Manager of said Corporation. Vice President
who shall act in the absence Of the President,
and Secretary, who shall be OF -Officio Treau.
urer, who shall hold their offices for the period
of one year, or until their successors are duly
elected and indicted into office.
The first President shall be J w. Atkins, w.
D. Mercer, Vice President, +. s. Dortch, Sec.
rotary and Treasurer.
On the third Monday in July, 1893, at the
domieiie of this Corporation, their SUCCESSORS
shall be elected, and annually thereafter, q
herein provided, each Stakeholder being en-
titled to one vote for each share Of stock own.
ed by him, . majority of stock represented and
voting at said election shall elect: provided
that spy Stakeholder may authorize another
Stockholders to represent him ut snch 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
emnlov and discharge all employees necessary
to erect and maintain said Telephone line, or
sny business connected Herewith, subject to
the dyice and consent of the Board Of Direc.
tors, as hereinafter provided for
The management of this Corporation shall b
nnder the control of Board Of Directors CON.
sistinp OF five Stockholders, the President and
General Manager being ex-officio 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
ockholders being in proportion to amount
| stock owned by hun.
The frat Board of Directors shall be a. fol-
lows: ]. w, Atkins, General Manager and ex.
oficio Chairman; w. D. Mercer, Jr. A. Curtis,
| +. s. Dortch and J. p. Ivy, who shall hold
office until their Successors are duly elected
| aud sworn in; provided, that no memocf o. tne
Board of Directors shall receive salary 40
such.
The place of meeting Of this Corporation
| shall be at its domicile, Knox Point, which
shall consist of ~ least one annual meeting o.
the third Monday Of July Of each year, ana
such other 40 the Board OF DIRECTOR OF o!cc1'
holders NAV deem necessary: and it shall b
| the duty OF the President to call meeting on
the petition Of three of the Stock hereof
by giving written notice thereof for ut least
five days before the d yyi Of meeting
This Corporation shall have power to own,
lease, hire and to sell movables ana imnoss
| bles, to sue and be sued in ito corporate name;
| to have and to use . corporate seal and %
change same ~ they may desire; to employ
sneh employees - they may deem nocesssrym
operating the business, and to discharge tne
same, and to do and perform any and Oh acts !.
necessary to carry ont the object and puipeeea
this Charter and the By-Laws adopted .nee
Laws as the Stakeholder: may deem neGe,y,
and to change same at pleasure; provided, the
same are not contrary to law or this Cnsfsef
Allsuits for or against this Corporation shsn
be in the name of the President, and al sof'
vice and citation must be served on him 70 Pr Z.
office Of said c0rp0r'ii!Ss *.
There shall be kept by the Secretary o. ten
CORPORATION a stock book, on which small %
recorded the names of the Stockholders, aaa
tho amount of stock owned 0y tnonl, M W
President may issue Certificates Of Stock
countersigned by the Secretary, Tor the ame1ls
of stock owned BY such parties a. may des'fe
the same.
The transfer of the stock Of the Corpofasea
shall only be perfected by transfer o. ~
books of this Corporation, a. herein pfes'oss
for.
The Stockholders of this Corporation ssas
have power to dissolve the same at speeM
meeting called for that purpose, thirty 80
previous notice having been given IN vf'u.$
BY the President Of the purpose thereof ss'
two-thirds OF the stock voting therefor. :.
A quorum at any meeting, either
Stockholders or Board of Directors: shsil ~
majority of such members; and ut the ai s..ss.
ton of this Charter, for any cause, the c.OcI
holders shall appoint board OF nquaso - ~,
consisting of three Stockholders, icr w ".
pose of winding up the affairs Of SAID Coipv:
ton, the said board of liquidators % ree -
such nav as the Stockholders may deen 49,
to give such bond a. may seem sumc'ens :"
Stockholders.
The Stockholders ut any meeting canea =.
that purpose, thirty days previous notsc0 -.
ing been given by the President 10 1 mI.ys
stating the purpose Of tho meeting snen -
power TO change, altar and snnui tn'e 49,, ~
> provided two-thirds OF the STOCK snsn -
therefor. ,.;.~aA.