The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-08-21
ARTICLE SEVEN.

The officers of this corporation shall
be president, a vice-president, sec.
rotary and treasurer The office OF
secretary and treasurer may be filled
oy the same person.
The following officers have been Sc
lected to serve the first year or until
their successors have been elected and
qualified: w. A. Brownlee, President;
). w. Duncan, Vice President; T. HI.
McNeely. Secretary and Treasurer.
ARTICLE EIGHT.
All the powers of this corporation
are hereby invested in its board of d.
rectors.
ARTICLE NINE.
This corporation shall nave success
sion by its corporate name for its said
period of duration; shall sue and be
sued by Its corporate name in any court
Of competent jurisdiction; shall make
and use common seal and alter the
same at pleasure; shall have power to
acquire property by grant, gift, pur-
cnase, devise, or be quest, and to lease,
nold, dispose of. mortgage and pledge
the same, and exercise all other pro-
prietary rights in and to the same, SUBJ
Ject only to such limitations as may be
prescribed by law. This corporation
shall have power to appoint such Off
GERS and agents as the business of the
corporation may require, and to fix
heir compensation, to make bylaws,
D wind up itself and dissolve itself ac-
'ording to law, to conduct its business
\ the State of Louisiana and all other
states and Territories of the United
states, and to hold stock in other cor
,orations as permitted by law.
ARTICLE TEN.
The stockholders meeting for the
election of directors shall be held an
nually on the first Wednesday in Au-
gust of each year beginning in the year
1916, in the form and manner pre-
scribed by Sections 10 and IL of Act
No. 267 of 1914.
ARTICLE ELEVEN.
No stakeholder of this corporation
shall be held liable or responsible for
the contracts or faults of this corpora
ton in any further sum than an amount
equal to the unpaid balance, if any, on
the stock for which he has subscribed:
lor shall any informality in organiza-
ton have the effect of rendering this
charter null or exposing the stockhold-
'rs OF this company to any liability
'ther than is above provided.
ARTICLE TWELVE.
The President; and in his absence.
he Vice-President, and in his absence,
he Secretary Treasurer, are hereby
designated as authorized to receive
ervice of legal process.
ARTICLE THIRTEEN.
This corporation is organized under
he laws of the State of Louisiana, and
hall be vested with all powers confer
ed or that may be hereafter conferred
Ipon similar corporations, though not
ereln expressly mentioned, and shall
e subject to all duties imposed by law
pom such corportions.
ARTICLE FOURTEEN.
The subscribers hereto have repec-
lively subscribed and written opposite
heir names the amount of capital stock
INSCRIBED for by them, as shown by
ne subscription list hereto attached
nd made part thereof to be record
q with this act of incorporation.
Thus done, read. and signed in Col
TX, Grant Parish, La. on this the Ist
ay of August, 1915, by the aoove mem
oned subscribers and incorporators,
'gether with me, notary in the pres
ice OF the subscribing witnesses. afterl
full and complete reading of the
hole.