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

clccI DIcClOIS Oh Tie uctc ABOVE SpeCl-
fed shall not dissolve the corporation,
but the Directors then in office shall re-
main in Office until their successors are /
elected and qualified, and shall cause
another election to be held as soon as !
possible thereafter, after notice thereof |
shall have been given as above provided. |
Six Directors shall constitute quorum
for the transaction OF any business.
The first Board of Directoes named in
this Charter shall Immediately upon the |
organization of this Company, and the
Board of Directors thereafter elected, |
shall elect from their own number a
President, and first and second Vice |
president, and shall also elect Secre-
tary and Treasurer, who may or may not
be member of the Board, who shall be
ex-officio President, First and Second
Vice-President, and Secretary and
Treasurer of said corporation.
The Board of Directors shall have the
power either to combine or separate the
Offices of Secretary.
Said Board of Directors may appoint
from time to time such officers, clerks or
agents and other employees as they may
deem necessary for the purposes and
business of said corporation, who shall
hold Office at the pleasure of the Board.
The said Board may make and establish,
as well as alter and amend, any and all
bylaws, rules and regulations necessary
end proper for the support and manage
ment of the business and affairs of said
corporation.
Said Board shall have the full power
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
| deliyrr full paid shares of stock for cash
actualli 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-President,
| Second Vice-President and Secretary
| and Treasurer, with one assistant Secre-
| tary, who shall be ex-officio 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 liqui-
dated by three stockholders, to be APP
appointed at general meeting to be
convened and as heretofore provided, and
a ma ority in amount of the capital stock
| of said corporation shall be requisite to
| elect. Said Commissioners shall remain
in office until the affairs Of said corpora
ton shall have been fully liouidated.-
In case Of death of one or more of said
Commissioners, the vacancy shall be
filled by election by the surviving Com
missioners.
| ARTICLE s.
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
tering the capital stock of corporations
ARTICLE 9.
No stakeholder 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 stockholder to any
liability beyond the unpaid amount re.
naming due on his stock.
: ARTICLE 10.
, ]. r. Cavett, j. T. Many, L. T. San
I ders, w. B. Boggs, T. q. Barnett, S. H
Bolinger, l.. Kronenburg, r. G.. Cum.
mings, J. A. Mitchell, DR.. G.. w. Davi
and Chas. A. Antrim have been chosen
:, and selected as the first Board of Direc
: tors OF said corporation, to serve as sucl
! until the first Monday in July, nineteer
hundred and two, (19O2), or until thei
, successors shall have been elected an,
> qualified, with J. r. Cayett as President
!, J.T. Nanny First Vice-President, L. T
= Sanders Second Vice-President, w. B
> Boggs Secretary and Treasurer, who ar
I declared to be and shall serve as the frs
= oflcers OF said corporation, with T. 2
Barnett Assistant Secretary.
: In case OF any vacancy in the Board 0
y Directors, the remaining members OF tn
. Board shall have the power to fill sal
), vacancy.
Thus done and passed before me at m
- Office in the town of Plain Dealing
Bossier parish, La, in the presence o
George Ernest Jones and William
3 Meares, competent witnesses of Lawful
: age, both Of this Parish and State, VIII
4 herennto sign their names with the sal
:, appearers and me, Notary, on the da,
J and date aforesaid.
!, Witnesses: J. r. CAvETT,
" G. E. JONES. J. T. NANNY.
Il VIC. MEAREs. L. T. SANDERS.
w. B. BoGGs.
T. z. BARNETT.
!. ! S.H.BoLINGER&Co. LIT
" By w. B. BoGGs, Sec'y
KRoNENBERG & Safer
STONE.
J. A. MITCHELL.
- G. w. DAVIS.
y S. j. CALDWELL.
u r. G.. CUMMINGS.
~ CHAs. A. ANTRIM.
u J. G. ALLEN, Notary Public.
State of Louisiana, Having examine
= Parish OF Bossier. the foregoing act