The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1907-05-30
CHARTER OF

CHARTER OF
The
Sapp & Bridges Co., Limited
of Koran, Louislana.
DE 1T KNOWN, that this day, before
- me, J. w. Elston, Notary Public n
and for the Parish Of Bossier and Stats
Of Louisiana, duly commissioned ana
qualified, came, in the presence Of fra
witnesses hereinafter undersigned ths
several persons whose names are here-
unto subscribed, who declare that. avail.
ing themselves of the provisions of Act
No. 36 of the General Assembly Of ira
State OF Louisiana, approved June "a
1883, and Act No. Is Of 1904, as wen q
those of the general laws of the State n
Louisiana, relative to the Organization
of corporations, they have formed ana
do by these presents form and organize
themselves into corporation for thu
object and purposes and under the stin-
ulations hereinafter set forth. which
they do hereby accept as their Charter.
to-wit:
ARTICLE 1.
The name and title of this corporation
shall be the Sapp & Bridges Company.
Limited, of Koran, La. BY that mama
it shall have power and authority to have
and enjoy succession for the term ~
twenty-five (25) years from and after
the date hereof; to contract, sue and -
sued; to make and use corporate seal
and the same to change at pleasure: to
hold, receive, lease and purchase, alien
ate and convey, as well as mortgage and
property, real and personal
and mixed; to name and appoint such
directors, officers and agents
as the interest of such corporation NAV
and to make and establish such
rules and regulations for the
proper management of the affairs of said
corporation as may be necessary and
proper, and the same to alter at pleasure,
ARTICLE II.
The domicile of this corporation shall
be at Koran, Bossier Parish, State Of
Louisiana, and all citations and LEGAL
processes shall be served on the Presi-
dent OF the corporation, or in his alb
sence, at the Office of the corporation.
according to Article 1893, Code Of Prac-
ARTICLE III.
The purposes for which this corpora
ton is organized and the nature Of the
business to be carried on by it are de-
clared to be general mercantile busi-
ness. and all business incident thereto.
,n
Aii0Ih ~
The capital stock OF this corporation
is hereby fixed at the sum Of Five
Thousand Dollars ($5, OOO) to be divided
into nifty shares OF One Hundred Dollars
($1OO) per share, and the corporation
may begin business when the full amount
OF the capital stock, five thousand dol.
lars is subscribed and paid. The stock
shall be paid for in cash, or its equiva-
lent, when subscribed for, or the same
may be issued at not less than par in
payment for the property purchased by
the corporation.
ARTICLE v.
an ~.
All sno corporate powers Oh TINS COZ.
R R;ras.n slia.a 1e seseeu IN DoaIu o.
Dll5IsoS, 70 y composea q snIee
WniI - Ooaiu o.aa ue ei0ce-
gu annually, ON tne SECOND Monuay IN
'a TSa u. DGsanMng y. ~ n me yean iSoo;
al !. nJ h n.ss co. psao;sa = uecia.
ca 20 pc: =. =: oaPP, resident; =. Y.
Secretary and Treasurer.
This board of Directors ia to serve
until the second Monday in January.
f9O8. aforesaid. or until their successors
are duly elected thereafter. and snch
new hoard shall elect its President. yice-
President. Secretarv and Treasurer.
The Directors shall he elected bv the
each share ~ stock ~ ~
entitled 10 one vote. 10 he cast nv its
owner in nerson or bv nroxv and a ma
ioritv of votes shali elect. Three di-
rectors shall Constitute 4 quorum.
The President nav appoint from time
to time. and dismiss. such clerks. agents
and other emnloves "a NAV he deemed
necessary for the nurposes and business
of the cnrnoratinn.
The Rnard a Directors NAV make All
such rules and regulations for the man
aOement If the hus;ness as thew NAV
deem necessary. shall have mower ~
collect debts, borrow money, issue bills
OF exchange, notes, execute mortgages
and generally do all other things inci-
dent to the objects and purposes OF the
corporation.
ARTICLE vi.
This Charter NAV he modified chang
ed or amended. and said CORPORATION dis
solved with the consent OF three-fourths
in amount OF the capital stock repre-
sented at any general meeting OF stock
holders convened for that purpose, after