The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-02-22


Dollars (slO0) each, which said share.
shall be paid for in cash or its equivs.
lent, at the time it is issued. This
corporation shall begin operations and
be a going concern as soon as Six
Thousand Dollars ($6,O0o Oo) of tts
capital stock shall have been sub.
scribed and issued.
ARTICLE 8.
The objects and purposes for which
this corporation is organized, ore
dsclared to be: To operate and con-
duct a general mercantile business; to
Guy and sell real estate, live stock and
ether personal property; to mortgage
pledge, sell property, both real and
personal in any manner necessary for
the successful carrying on the bust.
ness for which this corporation is
organized; to buy and sell any and oil
commodities either at wholesale or
retail; to operate and conduct branch
mercantile establishments at such
other places in Bogalusa aud vicinity
rs the Board of Directors of this cor.
portion shall determine.
ARTICLE
The officers of this corporation are
hereby declared to be: President,
Vice. President, Secretary and Mana
ger. The duties of the President shall
be the same ordinarily required of
chairmen of associations. The Vice.
President shall perform the duties Of
President in case of his absence or
disability. The duties of the Secretary
and Manager shall be fixed by the
Board of Directors.
The Board of Directors for the
ensuing year, are hereby named as
follows: G. H. Wilcox, G. A. Wilcox
and H. H. Wilcox; of whicn G. H.
Wilcob shall serve as President, G. A.
Wilcox as Vice. President and H. H.
Wilcox as Secretary and Manager.
The business affairs Of this corpora.
ton shall be managed by the above
said. Board of Directors, and their
successors in Office. The said officers
and Directors shall hold their r..
spective Offices until the First Monday
in March 1913, or until their successors
shall have been duly electsd and
qualified.
The annual stockholders meeting
shall be held at the ofice of the cor.
poration on the FIRST Monday In March
of each year, and the directors, when
elected. at said meetings, shall take
their seats immediately. The Board Of
Directors shal elect from their number
the officers of the corporation to serve
the ensuing year, The said Bosrd Of
Directrs shall have the power to make
all rules and by laws tor the manage
ment of the business affairs Of the
corporation, or to alter or change the
rules and bylaws by two thirds vote
at any regular meeting. The Board
of Directors shall FIX the time and
place of its regular meetings, and the
manner of calling special meetings.
They shall have power to sppoint Ill
employees necessary for the manage
ment of the business and define their
duties and fix the compensation
therefor. All vacancies In The Board
of Directors shall be filed by the
remaining directQrs and any stock
holder shall be eligible to serve - .
Director.
ARTICLE s
This corporation may be liquidsted
under the superintendent of two of
its Stockholders, to be appointed for
that purpose by general meeting Of
the stockholders, convened after fifteen
days registered notice to each stock
holders, and with the assent Of two
thirds OF the stockholders, In Amount
OF Stock Held, said liquidators or
commissioners shall remain in Office
until the affairs of tho said corpora
zion shall have been fully liquidated
and, in case of death of one of said
the remaining member
shall continue to act.
ARTICLE 6
This act of incorporation may be
change or amended, or the corporation
may be dissolved with the assent Of
two-thirds Of the stock represented at
any general meeting OF the stock
holders regularly called as provided
. eoe>~<4~~>~1~>>>>~e>>>~e>>
N.,k Il r..A... PIE a.. I,