The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1904-06-02

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
August, 1895, and annually thereafter.
In all elections each share OF stock
shall be entitled to one vote.
ARTICLE VII.
The officers Of this corporation shall |
consist Of a Board of Directors Of five |
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: w. G. Wadley, H. ].
Allen, H. B. Allen, w. D. Wadley and
]. D. Allen. w. G.. Wadley shall be the
President, H. J. Allen, Vice-President,
and H. B. Allen, Secretary and Treas
urer. Said directors and said officers
shall serve and remain in Office until
their successors shall be elected and
qualified. Any vacancy in the board of
directors shall be filled by election by
the remaining members, and any va
cancy in the other Offices by election by
the board. Every director Of the corpo--
ration shall be 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 prescribe
bylaws, rules and regulations for the
management of the business of the COM
pany; to eject the President, Vice
President and Secretary; to appoint a
Treasurer; to employ such managers
and agents as they may deem proper,
and to fix their salaries and compensa-
ton. The said board shall have power
to make contracts, borrow money issue
bonds, mortgage and hypothecate all the
property and franchises of said corpora
ton in order to carry out the objects
and purposes of this organization as
hereinbefore set forth.
ARTICLE TX.
That if any stockholder shall neglect
or refuse to pay any assessment on his
stock, after due notice, the stock held
by him shall be forfeited to the use of
said company, provided that the direc-
tors may allow the redemption on such
terms as they may prescribe, or such
subscription may be enforced by suit.
ARTICLE x. -
That this corporation may consolidate
or confederate and associate with any
company incorporated under the laws of
the State of Louisiana, and having a
road which connects, or may connect
with the line of this company, by con-
tract not inconsistent with the law or
the terms Of this charter.
Done and signed and passed before
me, said notary, on the day and date
first written, and in presence of ]. F.
Bourk and j. w. Brimberry, competent
witnesses of lawful age and residence.
w. G. WADLEY.
J. D. ALLEN.
Fl. J. ALLEN,
(by H. B. Allen
w. D. WADLEY,
(by W. G. Wadley. }
| Attest: H. B. ALLEN.
| J. F. BoURK.
j. w. BRIMBERRY.
| J. W. ELsToN, Notary Public.
Having examined the foregoing char
ter and finding nothing therein contrary
to the laws of Louisiana, | approve the
same. T. T. LAND,
District Atty Second Dist, La
State Of Louisiana, | hereby certify
Parish Of Bossier. that the above and
foregoing is true and correct copy Of
the original act, as the same now ap-
pears on file in my Office, duly recorded
on Mortgages, volume co." page 679
May Is, 1904.
Gigen under my hand and seal of Office
this, the 14th day of May, 1904.
B. A. KELLY,
! Clerk and ox-officio Recorder.