The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1898-04-21
Charter Of
5. II. B0llhGER AND COMPANY
Limited.

PARISH OF BOssIER. this the 9th Sa" On
april A. D eighteen hundred and ninety 'c;ah VI
before me, Haywood II. Montgomery :, Wsa.'
~ Public in and for Bossier Parish io";.;ao1 Qua
duly commissioned and qualified. and in "a
presence OF the witnesses hereinafter n.,aas
anu undersigned, personally came and anna. eo
ed the persons whose names are heran"ipIpear-
serloed, who severally declared that avo; Sao
themselves of the provisions of Act az nHrng
SION 1883, approved June %, 1888. as ~ n. ~ Hes.
those OF the general laws of the State ofIas
lslana relative to the organization of cornoo u-
u t' they have formed and organized apShs
these presents do form and orpani,a ~. "
selves, their associates and successors ; ,uem
corporation for the object and purnoaa 10
under the laws and stipulations hereinafts,,au aug
forth, to-wit: yet
The name and title of THU por,t;o,.
be rs. II. BOlinger and Company. I;m;. sua,i
and under said name it shall have and sn;l
succession for the period of ninety-nine rcu:
from the date OF this Charter, may sue and h.
sued, may have, hold, purchase, sell eo,. 70
lease, mortgage and pledge property reai"s
personal; may have and use corporate . aa9
and to change same at will; and generate s0s.,
have and possess any and all power, aa3
privileges which corporations are or ma, ap ~
authorized to possess by law, and particnf..I9ee
TO carry out the purposes of this corporat;orT
ish, Louisiana. paf-
The object and purposes of this corno,o.;..
are declared to be, to buy and seiI t; "ttoa
lands, to manufacture, buy and sell lnmhs. =.
buy, build and operate saw and plan;pg LIN
plants, railroad. telegraph and telephone linz. .'
and to conduct general mercantile businesss'
ARTICLE ILL.,
Citations and all legal processes shall !.
served on the President, and in his absence AZ -
the Secretary. -
ARTICLE ".
The capital stock Of this coronation !. !.
, clared to be Forty Thousand Dollars iaan 0nN,
divided into eight hundred shares of Fiftv Doi,,
lars lSaN.ool each which shall be paid for in
cash. or property actually sold and delivered
to this corporation, and shall be due and pavs.
BILE i'll such amounts and at such times ana
places as the Board of Directors NAV rescir.
and determine. This corporation shall beo;~
operation as soon as six hundred (6OO) shares
making the sum of Thirty Thousand DolIars
t$3o,oOO wv shall have been subscribed to the
capital stock, and paid in. =
ARTICLEv.
The affairs Of this cooperation shall be under
the management and control of the Board ~
Directors, composed of five stockholders threa
| OF whom Will constitute a quorum, to be elected
annually at a meeting of the stockholders for
that purpose Ito be held on the first Monday in
May. 1899, and yearly thereafter after ian
uOj days notice given to each stockhoider Sv
the Secretary, each share of stock being an.
titled to one vote. Until the first election the
Directors shall he w. B. Boggs, S. H. Bolineer
| +. Chester, +. w. Offenhauser and Il. Z. Van
Cleave, who shall serve until their successors
are duly elected.
| ARTICLE vi.
The officers of this corporation shall be
President, Vice-President. Secretary and I
Treasurer, and said officers shall be elected
annually by the Board of Directors, and until
the first election, the officers shall he "A fol-
lows: w. b. Boggs, President; s. H. Bolin a..
Vice-Presdent; +. Chester, Secretary; and :,
w. Offsnhauser, Treasurer who shall serye
until their successors are duly elected
| ARTICLE VII.
| No stakeholder shall ever be held liable Or
responsible for the contracts or faults of said
corporation in any further sum than the nm
paid balance due to the Company on the shares
| owned by him. nor shall any informality in the
organization have the effect of rendering this
Charter null, or of exposing any stOckholder
to any liability beyond the amount Of his stock.
No transfer of stock by the holders thereof
shall be binding on this corporation, unless
said transfer is duly entered on its books.
| ARTICLE VIII.
| Whenever this corporation is dissolved by
Limitation, or from any other cause, its affairs
shall be liquidated by three commissioners
from the stockholders appointed for that pur-
pose. at meeting of same, convened after ten
days notice to SAID stockholders, given TO them
| by letter, addressed to each stockholder and
deposited in the mail. In case of death, OF
failure to act, said remaining commissioners
shall appoint their successors
This done and passed at my Office, in eaid
Parish of Bossier, the date and day above
written, in the presence Of w. F. Ansley and
ID. w. Robinson, cOmpetent Witnesses who