The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1917-05-10
Charter
The Plain Dealing Light and
Power Company, Limited.

State Of Louisiana, Be it known, That
Parish Of Bossier. on this, 4th day
of April, 1917, before me, w. B.
Boggs, 8 Notary Public in and for
BossieT Parish, State of Louisiana,
duly commissioned and qualified,
came and appeared the persons whose
generally declare that, availing them
selves of the laws of the State of
Louisiana relative to the forming of
corporations, do adopt the following
articles as the charter to govern
themselves and others who may be-
come associated with them, or sue
coed them.
ARTICLE 1.
The name and title OF this corpo-
ration shall be the Plain Dealing
Light and Power Company, Limited.
ARTICLE II.
The domicile shall be Plain Dealing,
La.
ARTICLE III.
The duration Of this corporation
shall be fifty years.
ARTICLE ".
The purpose Of this corporation is
declared to be TO generate and sup
o,y electricity to Plain Dealing and to
its residents; to operate a light plant
End supply electricity for lighting
and power in private and CONNER
cial way; to operate a water-works
system for public and private use,
and build and operate a sewerage
system in connection with same,
whenever the town is ready for same
and franchise granted by the town !;
to manufacture mill products and sell
same; to operate an oil storage sys-
tenn, and buv and sell ellis of all kinds
for fuel light and ibricatioE: to own.
buy and sell real estate and operate
a garage and machine shop.
ARTICLE
TO have corporate seal; to sue
and be sued, and have all the legal
powers granted a corporation in the
State of Louisiana.
ARTICLE VI.
All legal processes and citations
shall be served on the President, and,
in his absence, on the Vicepresident
or Secretary.
ARTICLE VII.
The capital stock Of the corpora
ton is declared to be 100000.
divided into 200 shares of $4,000
each, which shall be paid in cash or
property to the corporation.
The corporation may begin bust
ness as soon as 100000 has been
subscribed to and paid into the treas
ury of the company.
No certificate of stock shall be
issued until it is fully paid for in
cash or property actually paid to the
corporation, at such time and manner
as the Board of Directors shall direct.
All the stock shall be common
stock, and all not sold shall be
treasury stock.
ARTICLE VIII.
The affairs of the corporation shall
be under the control of the Board of
Directors, composed of the stock
holders, duly elected at a regular
meeting of the stockholders, called
after ten days legal notice has been
riven to the stockholders by mail to
their last known postoffice address.
:. Until the first regular meeting of
the stockholders. the following shall
he the Beard Of Directors: M. S.
Bo'inger, C. E. Bolinger and R, A,
Bolinger.
ARTICLE TX.
The officers Of the corporation
shall be President, Vicepresident
and Secretary, and he elected annu-
ally at a regular meeting of the Board
Of Directors, to be held on the sec
ond Tuesday Of April of each wear.
Until the first regular meeting of
the Board. the following shall con
stitute the officers of the corpora
ton: NJ. S. Bolinger. President; C.
y. Bolinger, Vicepresident: R. A.
Bof.nper. Secretary, who shall serve
until their successors are elected.
ARTICLE x.
No stockholder of the CORPORATION
shall ever be held liable or responsi-
Bile for the faults of the company. or
for its contracts, in any further sum
han any unpaid part on its stock pur-
chases. No informally in organ;.a-
ton shall have the effect of render
ing the charter null and void, or of
exposing any stakeholder to any la
bi'ity beyond the unpaid balance on
stock of the corporation.
ARTICLE XII.
Whenever this corporation shall be
dissolved by limitation or otherwise,
the affairs shall be liquidated by a
board Of three. to be chosen from the
stockholders for this purpose.
When they have finished their
work, report to all the stockholders
shall be made and the board asked
to be discharged.
Done and signed in my office. in
he Parish of Bossier, in the pres
ence of the subscribing witnesses, on
this, 4th day of April, 1917.
NJ. S. BBLIHGER.
G. E. RoLINGER.
n. "a. boLiNGER.
NJ. B. KIDD.
w. II. MARTIN.
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