The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1914-05-21
cHARTER
BOSsier Land and Live
Stock Company, Limited

BOS Sier Land and Live
Stock Company, Limited
State of Louisiana, Be it remembered,
Perish Of Caddo. That this day,
before me, Percy N. Browne, a qualified
Notary Public, personally appeared the
persons whose names are undersigned,
who declared that they do hereby form
a corporation under the laws OF the
State of Louisiana, with charter rs
follows, to-wit:
ARTICLE 1.
: The name and title of this corporation
shall be the BossIER LAND AND. LIVE
STOCK COMPANY. Limited, and its domi-
cile is fixed at Elm Grove, Bossier Par
ish, Louisiana. The President of this
corporation shall be the proper person
on whom service of process shall be
made, and in his absence service shall
be made as provided by law. This cor
poration shall exist for period of fifty
years, unless sooner dissolved.
ARTICLE II.
The objects and purposes for which
to be the purchase and sale Of lands,
improved and unimproved, to raise, sell,
trade, bargain or otherwise handle live
stock, such as horses, cows, hogs, sheep
or any other domestic animal, and do a
general stock raising business; also a
general plantation or farming business,
and to do all things necessary in con-
nection Herewith to carry out the pur-
poses hereof.
ARTICLE III.
The capital stock of this corporation
shall be Twenty-Five Thousand Dollars,
represented by $50 shares of stock of
One Hundred Dollars each, which stock
shall be paid for in cash at the time OF
its issue, OF it may be issued at not less
than par in payment of services or for
property and rights acquired and inuring
to the corporation. This corporation
may commence business whenever Five
Thousand Dollars of the capital stock
has been subscribed
ARTICLE w.
The officers of this corporation shall
be j. H. Mercer, President; John L.
Hodges, Vicepresident, and W. H.
Hodges, jr., Secretary Treasurer, which
officers, together with D. T. Ludlam and
John L. Mercer, shall form the Board OF
Directors, to serve until their successors
are elected.
The corporate powers of this corpora
ton shall be vested in its Board of Di-
rectors, to be composed OF three stock
holders, and they shall be elected at the
annual meeting of stockholders, begin
ming with the year 1915. The Board oil
Directors shall elect the officers from
among their number, and shall have
power to fill all vacancies occurring in
their number; they shall have full con-
| troll OF the property and business of the
corporation, and are authorized and en-
| powered to make all necessary and
proper bylaws, rules and regulations fol
the conduct OF the corporation, and te
appoint such other officers, agents and
employees as are necessary, and fix the
compensation of same; and they may fiji
the salaries Of the officers of the cor
poration.
| ARTICLE v.
| Annual meetings of the stockholders
of this corporation shall be held on the
first Wednesday in April of each year
and special meetings of the stockholders
may be called by the Board of Directors
or shall be called by the Secretary or
the written request of stockholders hold.
| ing at least one-fourth of the issued
stock. Notices of stockholders meet.
ings shall be mailed by the Secretary tt
each stakeholder ten days before the
meetings. In the meetings of the stock.
holders each share of stock present Of
represented by written proxy shall bt
entitled to cast one vote, and majority
of the votes cast shall determine an!
question, except as this charter, or law
may otherwise provide.
| ARTICLE VI.
| This charter may be amended by !;
majority vote of stock present or repre-
sented at stockholders meeting, ant
the capital may be increased or de.
creased, or the corporation dissolved BY
a vote of two-thirds of the capital stool
so present or represented. Provided nj
amendment shall be adopted prior to tn,
annual meeting in April, 1915, that viii
change the number or members of tn,
Board of Directors, or change the officer,
named in this charter, to serve till tina
time. When this corporation is dis
solved by liquidation, or otherwise, it
affairs shall be liquidated and settled b.
oHt VI iuott liquludCOIS cleCGcu ny I'LL
stockholders at the meeting wherein til,
dissolution is ordered, and said iquida
tors may have such powers as shall b.
given them by the stockholders.
/ ARTICLE VII.
| This corporation shall have all tn,
powers incident to corporations ant
necessary to carry out its objects ant
purposes, and no stakeholder shall eve
be liable for any of its obligations be-
You'd what said stakeholder may owe al
unpaid balance on the shares of stool
held by him.
Thus done and passed at my Office il
said parish, in the presence of w. w
Smith and Edith Curtis, competent wit
nesses, this, the Oath day of April, A. D
1914. j. III. MERCER.
j. L. MERCER,
/ ByJ. H. Mercer.)
DREW LUDLAM.
/ w. HI. HODGES, jr.,
By Jno. L. Hodges.)
Attest: JNo. L. HODGES.
/ w. w. SMITH.
|