The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1897-08-05
Charter Of
KNOX POINT AND SHREVEPORT
TELEPHONE COMPANY

TELEPHONE COMPANY.
Gtate of Louisiana Before me, tn.
Sfarlsh OF Bossier: dersigned authori,r
Notary fu1nc IN and for Bessier Parish. Ion
:siana, duly commissioned, sworn and o I'M
ned, In and for said parish, personalv 1 casa
and appeared the parties whose name. - s
hereto undersigned, who stated and 6aoI,'s
to me, Notary, that availing themselves Of ,Sa
laws OF Louisiana, and more espeeialIn tl Ie
acts of the General Assembly of 1855 =. ,ue
enacted by Act No. 124, of the General A.sS ~
bly, of 1880 providing for the erection Of ', ,s,a
graph and telephone lines for the trausmi.s;"ss
OF intelligence thereby, they have formoaa
themselves into body corporate and A. 50
these presents form and constitute tb.mssIuy
into body corporate for the purposes ana
under the conditions hereinafter ex pressed A1
Yhe name and title of this CorporstIon lin
be The Knox Point and Shreveport TsIenh0naa
Company, with it's domicile at Kuox Pon.e
BOsser parish. Louisiana, and " hose cornor.t,
name shall enjoy succession for the period os
ninety-nine years, unless sooner dissoIveS Va ~.
consent of the Stockholders, and as herensf,sy,
provided.
The object and purpose of this Corporat;o,
shall be 10 erect and maintain te]epbons lin.
from Des Arc, on line of Red River and K ~
Point, i'll Bossler Parish, Louisiana. to the CO.
of Shreveport. Caddo Parish, Louisiana w;,I
the rights and privilege of extending said linz
IN any direction from said points to any othsr
point within the said State, for the purpose Of
transmitting intelligence thereby and ta
locate and maintain such stations or Offices
along said line as the Stockholders NAV deem
necessary and beneficial thereto.
III.
The capital stock Of said Corporation sbau
be twelve hundred dollars. divided into two
hundred and forty shares. of five dollars ner
share, with the privilege of increasing ss;a
capital stock to twenty five hundred dollars
whenever the Stockhold, rs shall deem il nec.
essary and the business Of said Corporation
shall require.
As soon AS twelve hundred dollars has be.n
subscribed and paid in, this Corporation shaii
be considered as complete aud shall 90 into
active operation
The officers of this Corporation shall cons,,
of President who shall be ex-otficio Gsuersi
Manager OF said Corporation u Vice Presidsat
who shall act in the absence OF the President
and Secretary, Who shall be ex-otficio Treaa
arer, who shall hold their offices for the period
OF one year, or until their successors are dulv
elected and indicted into office
Tho first President shall be w. Atkins W.
d. Mercer, Vice President, E. s. Dortch. Sec
rotary and Treasurer.
On the third Monday in July, 1898, at tho
domiclle of this Corporation, their successors
shall be elected, and annually thereafter, "A
herein provided, each Stockholter being en-.
titled to one vote for each share Of stock own.
ed by him, Il majority of stock represented and
voting at said election shall elect: provided
that any Stakeholder may authorize another
Stakeholder to represent him ut snoh meeting
by written power of attorney; provided fur
Their, that no officer herein named shal receive
any salary, except the Manager and Secretary,
whose salary shall be fixed by the stoc kholders
OF said Corporation, each stakeholder being
entitled to ono vote for each share held and
owned by him.
The General Manager shall have power IA
employ and discharge all employees necessary
to erect and maintain said Telephone line, or
any business cOnL 81 ted there with, subject to
the advice and consent of the Board of Diree.
tors as hereinafter provided for.
The manager. ent of this Corporation shall DO
nnder the control of Board of Directors con-
sisting of five Stockholders, the President ana
General Manager being ex-officio Chair man Of
said Board, " no 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 i'll proportion to amount
stock owned by him
The first Board of Directors shall be az fol-
lows: j. w. Atkins, General Manager md ex
otfcio Chairman; w. ID. Mercer, Jr.. A. Curtis,
f. s. Dortch and J. Z. Ivy, who shall hold
office until their Successors are duly elected
aud sworn III; provided, that no member OF the
Board of Directors shall receive o salary as
such.
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.
holders may deem necessary: and it shall be
the duty of the President to call meeting on
the petition of three of the Stockholders hereof
by giving written notice thereof for at least
five days before the day Of meeting.
VII.
This Corporation shall have power to own,
lease, hire and to sell movables and immova.
bles, to sue and be sued in its corporate name;
to have and to use a corporate seal and to
change same as they may desire; to employ
snch employees as they may deem necessary in
operating the business, and to discharge the
same, and to do and perform any and al acts
necessary to carry out the object and purpose Of
this Charter and the Bylaws adopted there
under. 1t shall have power to adopt such By
Laws as the Stockholders may deem necessary.
and to change same at pleasure; provided, the
same are not contrary to law or this Charter.
VIII.
al ouito ioi VI dSdiubG inls cudA
be in the name of the President, and all ser
vice and citation must be served on him in per.
son, or in his absence, on the Secretary at the
office of said Corporation,
TX.
There shall be kept by the Secretary of this
Corporation q stock book, on which shall be
recorded the names Of the Stockholders, and
the amount of stock owned by them, and the
President may issue Certificates of Stock,
countersigned by the Secretary, tor the amount
OF stock owned by such parties as may desire
the same.
The transfer of the stock of the Corporation
shall only be perfected by transfer on the
books of this Corporation, as herein provided
for.
The Stockholders of this Corporation shall
have power to dissolve the same at q special
meeting called for that purpose, thirty days
previous notice having been given in writing
by the President of the purpose thereof, and
two-thirds OF the stock voting therefor.
quorum at any meeting, either OF the
Stockholders or Board of Directors, shall be
majority of such members; and at the dissolu'
ton of this Charter, for any eanse, the Stock
holders shall appoint board of liquadators,
consisting of three Stockholders, for the pur'
pose of winding up the affairs of said Corpora
tion, the said board of liquidators to receive
such pay as the Stockholders may deem Just;
to give such bond as may seem sufficient to the
Stockholders.