The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1910-03-10
CHAR Err


The BOssier Fruit and
Stock Company.
United States of America,
State of Louisiana Parish Of Caddo.
DE IT KNOWN, That on this, the
ID 22d day of January, A. D. 1910,
before me, F.. A. Blanchard, Notary
Public in and for said Parish of Caddo
and State of Louisiana, duly commits
stoned and qualified, on this day person.
ally came and appeared S. H. Bolinger,
DR.. J. A. Pompeney, John II. Gibbs,
A. H. Evans and F. A. Kinsella, each OF
whom declared unto me, in the presence
of the hereinafter named and under
signed competent witnesses, that, avail
ing themselves of the laws of the State
of Louisiana relative to the formation OF
corporations, they do hereby organize
themselves into and create corporation,
and adopt the following articles as the
Charter thereof to govern themselves
and such others as may become assocl-
ated with or succeed them:
The name and title of the said corpo-
ration is The Bossier Fruit and Stock
Company.
ARTICLE II.
Its domicile is declared to be in the
town of Bolinger, Parish of Bossier and
State of Louisiana.
ARTICLE III.
The duration of said corporation shall
be for period of ninety-nine years from
the date hereof.
ARTICLE w..
The purpose for which the said corpo-.
ration is established, and the nature OF
the business to be-caried on; by it, are:
To own and operate an orchard, to plant
and grow trees and to buy and sell same;
to buy and sell stock of all kinds, to raise
beef and mich cattle, horses, mules,
hogs, sheep and goats, and to own and
operate stock farm in connection with
the orchard business, and to. do all
things connected with or instant to any
or all of the said purposes go,
ARTICLE V.
Every citation or legal process shall
be served upon the President and, in his
absence, upon the Secretary and Treas
urer.
ARTICLE vi. . -
The amount of the capital of this cor
poration, which this corporation is au-
thorized to issue, is Fifty Thousand
Dollars (S50,OOOOO) divided into one
thousand $4,000 shares of the par value
of Fifty Dollars (S5O.0O) each.
This corporation is authorized to COM
mence business as such when One Hun
bred (10O) Shares of its capital stock
shall have been subscribed and paid for.
No Certificate of Stock shall be issued
until full payment is made therefor,
which may be by money, property, SER
vices, or other valuable consideration
moving to the said corporation, and a
resolution of the Board of Directors of
this corporation that the consideration
given for any stock is fair and adequate
shall be conclusive evidence that it is
such; but no stock shall be issued for
less than the par value thereof. The
remaining stock shall be placed on the
market at such times and in such blocks
as the majority of the stockholders deem
for the best interest OF the corporation,
the existing stockholders in all cases
being allowed sixty days within which to
purchase the same at par in proportion
OF their holdings by preference over all
other purchasers.
ARTICLE VII.
The Board of Directors of this corpo-
ration shall be composed of not less than
five stockholders, who shall be elected at
each annual meeting Of the stockholders
for the Issuing year. The Board of Di-
rectoFs shall have authority to adopt a
set of bylaws for the regulation OF the
business OF this corporation; to adopt a
corporate seal; to hypothecate or dis
pose of any portion of the property of
the said corporation for such considera-
ton and on such terms of payment as it
may deem advisable; to direct and con-
troll the officers and employees of the
corporation; to pass all rules and reg
ulations which it may deem necessary
for the conduct of the affairs of the said
corporation, and to vest in General
Manager, by resolution, all or any part
OF the powers given by this charter to
the Board of Directors.
ARTICLE VIII.
The officers of this corporation, until
the first annual meeting of the Board of
Directors, on the 10th day of January,
1911, are: S. H. Bolinger, President;
j. A.. Pompeny, Vice-President, and
A. H. Evans, Secretary-Treasurer; and
the first Board of Directors shall be
composed of S. H., Bolinger; j. A..
Pompeny, ]. H. Gibbs, A. H. Evans
and F. B. Kinsella, three of whom shall
constitute quorum. At the end of
their term of Office, the officers of the
said corporation shall be elected by the
Board of Directors.
The regular annual meeting Of the
stockholders shall be held on the third
Monday of January of each year.
ARTICLE TX.
No stakeholder of this corporation
shall ever be held liable or responsible
for the contracts or faults thereof in any
further sum than the unpaid balance due
the cnmnanY on the shares Of stocl sub.