The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1901-06-13

and authority to borrow money, execute
mortgages and create liens, issue notes
or Oliver obligations, not exceeding one
half of the capital stock, and generally
to do all things reasonable or necessary
for the proper carrying on OF the business
of the corporation; and also to issue and
delivrr full paid shares of stock for cash
actuallH received by said corporation
Each Director shall have authority to
appoint in writing a proxy to represent
him at all meetings of the Board.
ARTICLE 6.
The officers of this corporation shall
be a President, First Vice-P President,
Second President and Secretary
and Treasurer, with one assistant Secre-
tary, who shall be ex-oficio Secretary of
the Board Of Directors.
ARTICLE 7.
Whenever this corporation may be
dissolved, either by limitation or from
any other cause, its affairs shall be Equi-
dated by three stockholders, to be ap-
appointed at a general meeting to be
convened and as heretofore provided, and
a majority in amount of the capital stock
Of said corporation shall be requisite to
elect. Said Commissioners shall remain
ton shall have been fully iquidated.-
Commissioners, the vacancy shall be
filled by election by the surviving Com
missioneTs.
This act of incorporation may be mod
! flied, changed or altered, or said corpo-
ration may be dissolved with the assent
of three-fourths of the capital stock
represented at a general meeting of the
! stockholders convened for such purpose,
| and after notice shall have been given
| in accordance with article five, providing
| for notices of elections.
Any changes proposed or made in
reference to the capital stock shall be
made in accordance with the laws of the
| State of Louisiana on the subject of al
| terlng the capital stock of corporations.
| ARTICLE 8.
| No stockholder shall ever be held liable
for the contracts or faults of said corpo-
ration in any further sum than the unpaid
balance due the corporation on the shares
OF stock owned by him, nor shall any
mere informality in organization have
the effect of rendering this Charter null,
or OF exposing a stakeholder to any
liability beyond the unpaid amount re-
naming due on his stock.
ARTICLE 10.
j. R. Cavett, J. T. Many, L. T. San
ders, w. B. Boggs, T. z. Barnett, S. H.
Bolinger, L. kronenburg, r. G. Cum
mings, j. A. Mitchell, DR.. G.. w. Davis
and Chas. A. Antrim have been chosen
and selected as the first Board of Direc-
tors OF said corporation, to serve as such
until the first Monday in July, nineteen
hundred and two, 1902, or until their
successors shall have been elected and
qualified, with j. r. Cavett as President,
IT. Many First Vice-President, L. T.
Sanders Second Vice President, w. B.
Boggs Secretary and Treasurer, who are
declared to be and shall serve as the first
officers OF said corporation, with T. q.
Barnett Assistant Secretary.
In case OF any vacancy in the Board OF
Directors, the remaining members of the
Board shall have the power to fill said
vacancy.
Thus done and passed before me at my
Office in the town Of Plain Dealing,
Bossier parish, La, in the presence of
George Ernest Jones and William G.
Meares, competent witnesses OF lawful
age, both of this Parish and State, who
herennto sign their names with the said
appearers and me, Notary, on the day
and date aforesaid.
Witnesses: J. r. CAvETT.
G. E. JONES. J. T. MANRY.
VIC. MEAREs. L. It. SANDERS.
w. B. BOGGs.
T. 2. BARNETT.
S. H.BoLINaER&Co.L' LTD
By W. B. BoGGs, Sec'y.
kRONENBERG & Safer
STONE.
]. A. MITCHELL.
G. w. DAVIS.
ST.. CALDWELL.
r. G. CUMMINGS.
CHAs. A. ANTRIM.
j. G. ALLEN, Notary Public.
State of Louisiana, Having examined
Parish of Bossier. ! the foregoing act o.
incorporation and finding nothing therein
contrary to law, hereby approve same
| \ r,Sr- l.. -