The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1916-07-06
Cha rter
The Plain Dealing Gin
Company, Incorporated.

company Incorporated.
State Of Louisiana, Be it known, That
Parish Of Caddo. ! on this day, be-
fore me, Crea Pugh, Notary Public in
and for the Parish of Caddo, personally
came and appeared the parties whose
names are hereunto subscribed, who
declare that, availing themselves OF the
provisions of the laws of this state rela-
tive to corporations, they have formed a
corporation under the name, style, and
with powers and privileges hereinafter
stipulated.
ARTICLEI.
'NAME.-The name and title of this
corporation shall be The Plain Dealing
Gin Company, Incorporated.
ARTICLE II.
OBJECTS AND PURPosEs.-Theo objects
and purposes for which this corporation
is organized and the nature of the bust
ness to be carried on by it are hereby
declared to be for the construction and
operating of public ginnery in the
town of Plain Dealing, Bossier Parish,
Louisiana, and such other places as the
corporation may decide upon, and to
operate grist mill, and to buy and pur-
chase cotton and cotton seed, and to dis
pose of same, and generally to do such
acts and things as are necessary or Incl
dent to the purposes herein set forth, as
we'll as the power to purchase and sell
land or property for said operation.
ARTICLE III.
CAPITAL Stock The capital stock of
this corporation shall be fixed at the sum
of 200, divided into 100 shares of the
par value of 500, so per cent of which
total capital stock has been subscribed
for, and so per cent of the stock sub
scribed for has been paid for before the
publication OF these articles of incorpu-
ration.
ARTICLE ".
CHARACTER OF SToCK.-The entire
stock of this corporation shall be COM
mon stock, and there shall be no pre-
ferred stock.
ARTICLE V.
INCREAsE.-The capital stock of this
corporation may be increased hereafter
to $4,000.
ARTICLE vi.
DoMICILE.-The domicile of this cor
poration shall be in the town of Plain
Dealing, Bossier Parish, Louisiana,
where all meetings of the stockholders
or directors shall be held, provided, how
ever, with the written consent of all
directors, valid meetings of the directors
may be held outside of the state, or
within the state, elsewhere than at its
domicile.
ARTICLE VII.
DURATIoN.-This corporation shall ex-
list for period of ninety-nine (99) years.
ARTICLE VIII.
DIRECTORS.-Thea affairs of this cor
poration shall be conducted by three
directors, and the names and postoffice
address of those selected for the first
year, or until their successors are elected
or qualified, are as follows: N. w. Sem
tell, Plain Dealing, La; w. F. Bell,
Plain Dealing, La; G. L. Boutwell,,
East St. Louis, Ills.
ARTICLE TX.
SUBSCRIBERS AND INCoRPORAToRS.-
The subscribers, officers and incorpo-
rators to the articles of incorporation
hereof, and their several postoffice adj
dresses are as follows, the number of
shares of stock being set opposite their
names, to-wit:
N. w. Sentell, Plain Dealing, La, "a
shares Presidency.
w. F. Bell, Plain Dealing, La, Is
shares-(Vicepresident).
G. L. Boutwell,, East st. Louis, Ill.,, 1
Shares Secretary Treasurer).
ARTICLE x.
CORPORATE POWERS. corporate
powers of this corporation are hereby
vested in its Board of Directors, the said
board for the first ensuing year being
hereinafter named, majority of whom
shall constitute a quorum for the trans
action of business; the said board shall
be elected annually at the annual meet
ing of the stockholders of said corpora
ton, which said meeting shall be held
at its domicile, provided, however, with
the written consent of all directors, as
hereinbefore stated, valid meetings may
be held outside of the state, or within
the state, elsewhere than at it's domicile,
on the third Monday of May of each
year, beginning with the year 1917, and
said board shall have the authority and
power to sue and be sued in the name of
said corporation, and to appoint such
| officers and agents, and to engage such
employees as the business of the corpo-
ration may require, and to fix their COM
pensation, having due regard to the
nature and character of their services,
and shall further have the power to
make bylaws not inconsistent with any
existing law of the State of Louisiana,
| fixing or altering the management of its
property, or regulation and government
of its affairs, and the manner of certifi-
cation and registration of its stock, and
shall further have the power to wind up
and dissolve said corporation in the man
ner prescribed by law, and shall have
all other powers as may be named, or
be permissible under Act 267 of the
General Assembly of the State of Lou
isiana, session of 1914.
ARTICLE XII.
| OFFICERs.-The officers of this corpo-
ration shall consist of the President,
Vicepresident, Secretary and Treasurer,
who shall be elected annually by the
| Board of Directors, provided that the
Secretary and Treasurer shall be, in the
discretion of the Board of Directors,
either one or two officers, and that any
vacancy in said Board of Directors,
which may be caused by resignation,
death or total disability, may be filled
by the Board of Directors at a meeting
called for that purpose.
ARTICLE XII.
DECLARATIoN.-Itis hereby declared
that each of the directors hereinabove