The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1904-05-26
CHAR T E r

'hAR
The Bodcau Valley Railway
Comp6ay
State of LouisigNd, | BE TT KNOWN,
Parish of Bos&der. That on this, the
9th day of May, 1904, before me, S. H.
Dowell, Notary Public in and for the
| Parish of Bessier and State of Louisiana,
duly commissioned and qualified, and in
the presence of the witnesses hereinafter
named and Undersigned, personally
came and appeared j. F. Wise, D. NJ.
CloWney, Jno. L. Scales, w. B. Smith,
II T.sWhited and I'll. H. Wheless, who
fAcyerally declared that, availing them
selves efSthe provisions Of the laws Of
ti1f9 State relative to the organization of
corporations, they have contracted and
agreed, and do by these presents con-
tract and agree and bind apd obligate
| themselves, as well as such other per
sons as may hereafter become associated
with them, to form and constitute d cor
poration and body polite in law for
| the object and purpose and under tbs
agreements and stipulations following,
| Viz: s
ARTICLE Z.
|sgThe name and title of said corporation
Shall be The BoDcAU VALLEY RAILWAY
| CoMPANYgapd by that name, said corpo-
ration shalIhayespowera and authority to
have and enjoy succession for the full
term of five years from this date, tocon-
tract, sue and be sued, to make and use
a corporation seal and the same to
iI.t,., md oil .t v>ln AL ho1I
receive, purchase and convey, as well as
mortgage and hypothecate property,
both real and personal and Tn3xed, to
name and appoint such managers, di-
rectors and officers as the interests and
| conyeniences Of said corpdfation may
requize, TO make and estat3fsh such by
laws, rules and regulations TOR the
proper management and conduct OF the
affairs of said corporation as may be
| necessary or proper, and the same to
change or alter at pleasure.
ARTICLE II.
The dcmicile of this corporation shall
be in Alden Bridge, State of Louisiana,
and all citations or other legal processes
shall be served upon the President Of
said corporation, or in case of his alb
sence, upon the Vice-Prcsident, or any
agent of the company.
ARTICLE III.
The purpose for which this corporation
is established and the nature of its busi-
ness are declared and specified to be the
construction and operation of railway
and telegraph and telephone line, for
the purpose of carrying freight and
passengers, and receiving and forward
| irc~ {ai fc1
| from Alden Bridge, La, on the ST.
Louis Souths Western Railway, in an
easteriy direction to Ivan, La, in the
some point hereafter to be determined.
ARTICLE ".
The capital stock OF this corporation
has been and is hereby fixed at the sum
Of s60,G eco with the privilege of extend
| ing the same to $500, ,0O0) divided into
| 600 shares of Si00 each, and the com
pany shall organize and commence busi-
ness when the 800 sharea shall have been
subscribed. The payment of such shares
shall be made in such manner as may be
| provided by the by laws adopted by the
board OF directors of the corporation,
provided that such payments shall not
exceed % per centum thereof at any one
| time, nor be made oftener than once in
sixty days, nor shall any stockholder be
liable beyond the balance due Of his
subscription.
ARTICLE v.
The shares of stock of this corpora
tien shall not be issued except for their
face value in money, labor or property,
and shall be transferable only on the
books CT the company.
ARTICLE VI.
The annual meetings of the stock
holders of this corporation for the cleo
| ton of officers and the transaction of
! business shall be held at the domicile of
the company on the first Monday of
| May, 1905, and annually thereafter. In
| all elections each share of stock shall be
entitled to one vcte.
ARTICLE VII.
| The officers of this corporation shall
consist of Board OF Directors Of five
members, and of a President, Vice
President and Secretary, to be elected
| by said board. The following named
| persons shall constitute the first Board
of Directors, viz: j. F. Wise, d. M.
CloWney, w. B. Smith, H. II. Wheless
| and F. T. Whited, and H. H. Wheless
shall be President, F. T. Whited, Vice
President, and S. H. Dowell, Treasurer,
and J. F. Wise, Secretary, and said di-
rectors and said officers shall serve and
remain in office until their successors
shall be elected and qualified. Any va
cancy in the board of directors shall be
/ filled by election by the remaining mem
bers, and any vacancy in the other
| offices by the election by the board.
Every director of the corporation shall
be a stakeholder thereof.
| ARTICLE VIII
The powers OF this corporation shall
be vested in and exercised by and
through the board of directors, who
shall have full power to make and pfe-
scribe bylaws, rules and regulatioiB fQE
the homogeneous of the businesa i:
| company, to elect the PresidenfeN4g ge-
President and Secretary, to- init "a
Treasures, and to employ .sus!, kers
and agents as they mayFda 691ers
| and to fix their salaries "a - 81 ij6nda;
sion. The said board SHAH 6xe powe1
to make contracts, borroMsnl eV, issnd
| bonds, mortgage and hypothes eall ~
| property and franchises Of said ofp0i
ton, III order to carry out thes0
purposes of this organization as
/ bafnra set forth 8 - - *