Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1915-11-12
IDoration
ARTICLE SIX.

All notes ana evidences Oi Indebtedness
must he signed 10y the president, or vice
president, and counter.ignel 10y the Sec
rctary-trcaSurer, and this corporation
shall not be responsible for any debts
created ny any OF its officers, in excess "i
the sum OF One Hundred Dollars (SlO0.
00), unless same shall lie authorized or
approved by a resolution OF the Board OF
Directors.
ARTICLE SEVEN.
Whenever this corporation il dissolved,
by limitation or otherwise, its affairs shall
be luuidatel in accordance with the
manner laid down and provided 10y Sec.
80 Of said Act No. 2G1 of the General As
-cmbly ol this state, approved July J;h,
1914.
The capital stock oi this corporation
may Ice increased in the manner and
form provided 10y the general laws Of this
State for the increase of the capital stock
Of snch corporations. 1t may he dimin-
i-hed in amount after complying with the
same requirements prescribed by the
general laws of this State.
The charter may he amended, other
wise than To increase or diminished the
capital stock, in accordance with the
ton Six (6) Of said Act No. 267 of III,
General Assembly OF this state, approved
July 9Th, 1914.
ARTICLE EIGHT.
| Until the first regular meeting OF tho
stockholders of this corporation, the
/ Board of Directors shall consist of Thos
| VI. Wade, Jr., G.. L. Bulls and Thos. NJ
I Wade, with Thos. NJ. Wade, Jr., a
! president, c. =. Bulls as vice-presdeni
and Thos. NJ. Wade as secretary-treasui.
err; and they shall hold the respective OF
fees until their successors shall have beer
elected and shall have qualified.
ARTICLE NINE.
The following described property owned
in indivson by Thos. NJ. Wade, Jr., g.
| T.. Bulls and Thos. VI. Wade, the incor
porators hereof, in the proportion of al
undivided four-tenths interest to Thos
| NJ Wade, Jr., five-tenths interest to q
T.. Bulls and one-tenth interest to Thos
| NJ Wade, is hereby transferred by then
70 this corporation, in payment and il
consideration of Five Thousand Dollars
| (S5. 900. 00) worth OF capital stock, repre-
Sented by fifty 900 shares hereby sub
scribed by them as follows: Thos. NJ
Wade, Jr., twenty COO shares, q. Z
Bulls, twenty-five (25) shares and Thos
NJ. Wade, five 90 shares, to be deliverc.
/ to them when issued. The value of sal
property has been appraised, and is b.
these presents appraised, at valnatio'
of Five thousand Dollars (S5,0O0.00).
A complete system OF Abstract Book
Of Tensas Parish, La, including govern
ment plats, transcript from Tract Book
Of United States and State Land Office
at Baton Rouge, La. ,>sriginal transcript
of all parish records OF said parish, tina
copy, indices, etc, all of said propert.
being within Tensas Parish, La.
IN TESTIMONY WHEREOF, tin
said parties have hereunto signed thei
names in the presence of me, said Notary
and the undersiged legal and competen
witnesses, on the day and date first abov'
written, after the due reading of tn,
whole hereof.
THOS. NJ. WADE, Jr., 20 shares.
THOS. NJ. WADE, 3 shares.
q. p. BULLS, % shares.
Xy,.,,. n. III. Clark.
\. Il. Ratclif.
JOS. CURRY,
] [SEALl Clerk OF Court,
Tensas Parish, La.