The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1904-06-02
CHAR T E r
The Bodcau Valley Railway
Company.

i llV OOu~ou 0AANy AAokAVoy
Company.
State of Louisiana, I BE 1T KNOWN,
Parish Of Bossier. That on this, the |
9th day of May, 1904, before me, S. H.
Dowell, a Notary Public in and for the |
Parish of Bossier 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. M.
Clowney, Jno. L. Scales, w: B. Smiths
| F. T. Whited and H. H. Wheless, who
severally declared that, availing them
selves Of the provisions of the laws of
this State relative to the organization of
corporations, they have contracted and
agreed, and do by these presents con-
tract and agree and bind and obligate
themselves, as well as such other per-
sons as may hereafter become associated
with them, to form and constitute cor
poration and body polite in law for
the object and purpose and under the
agreements and stipulations following,
viz:
ARTICLE /.
The name and title of said corporation
shall be THE BoDcAu VALLEY RAILWAY
/ 1
ration shall have power and authority to
have and enjoy succession for the full
term of five years from this date, to con-
tract, sue and be sued, to make and use
a corporation seal and the same to
change and alter at pleasure, to hold,
receive, purchase and convey, as well as.
mortgage and hypothecate property,
both real and personal and mixed, to
name and appoint such managers, di-
rectors and officers as the interests and
conyeniences of said corporation may
require, to make and establish such by
laws, rules and regulations for 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 domicile 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 President, or any
: agent of the company.
ARTICLE III.
t The purpose for which this corporation
is established and the nature Of its busi-
r 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
t ing telegraph and telephone messages
from Alden Bridge, La, on the St.
Louis South- Western Railway, in an
easterly direction to Ivan, La, in the
Parish of Bossier, and thence east to
some point hereafter to be determined.
ARTICLE ".
} The capital stock Of this corporation
has been and is hereby fixed at the sum
of SEC, 900 with the privilege Of extend
ing the same to $500, ,00O divided into
600 shares of S10O each, and the COM
pany shall organize and commence busi-
: ness when the 600 sharea shall have been
J subscribed. The payment of such shares
shall be made in such manner as may be
provided by the bylaws adopted by the
T. board of directors of the corporation
y provided that such payments shall not
d exceed Is per centum thereof at any one
# time, nor be made oftener than once iT
' sixty days, nor shall any stockholder be
d liable beyond the balance due of his
}, subscription.
ARTICLE V.
e The shares of stock of this corpora
ton shall not be issued except for theil
face value in money, labor or property
and shall be transferable only on tht
books of the company.
ARTICLE VI.
The annual meetings of the stock.
( holders of this corporation for the cleo
J ton of officers and the transaction o
+ business shall be held at the domicile 0
}. the company on the first Monday 0
u May, 1905, and annually thereafter. Il
q all elections each share of stock shall b
u entitled to one vote.
~ ARTICLE VII.
,-1 The officers of this corporation shal
y consist Of Board Of Directors of fiv
= members, and of President, Vice
Il President and Secretary, to be electe
by said board. The following name
r. persons shall constitute the first Boar
- of Directors, viz: J. F. Wise, D. N
- Clowney, w. B. Smith, H. H. Wheles
~ and F. T. Whited, and H. II. Wheles
90 90 shall be President, F. T. Whited, Vice
~ President, and S. H. Dowen, Treasures
and J. F. Wise, Secretary, and said di
rectors and said officers shall serve an
remain in office until their successor
shall be elected and qualified. Any va
s. cancy in the board of directors shall /
ne filled by election by the remaining men
:. bers, and any vacancy in the otht
ue offices by the election by the boar
by Every director of the corporation sha
I'd be stockholder thereof.
". ARTICLE VIII.
-; The powers of this corporation sha
~ ~ be vested in and exercised by al
he he through the board OF directors, wi
u no shall have full power to make and pr
y; scribe bylaws, rules and regulations +
- eu the management of the business of Il
Vs. company, to elect the President, Vic
H. President and Secretary, to appoint
LII Treasures, and to employ such manage
= and agents as they may deem prope
~ and to fix their salaries and compens
ton. The said board shall have pow
to make contracts, borrow money, iss
bonds, mortgage and hypothecate all t
property and franchises Of said corpor
'h' ton, in order to carry out the object a
purposes of this organization as herei
.od before set forth.
/