The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1917-04-19
Charter
The Plain Dealing Light and
Power Company, Limited.

State of Louisiana, Be it known, That
Parish of Bossier. { on this, 18th day
Of april, 1917. before me, W. e.
Boggs, Notary Public in and for
Bossier Parish, State of Louisiana,
duly commissioned and qualified,
came and appeared the persons whose
names are hereunto subscribed, who
severally declare that, awaiting 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
ply electricity to Plain Dealing and to
its residents; to operate a light plant
and supply electricity for lighting
and power in private and CONNER
clal way; to operate a water-works
system for public and private use,
and build and operate 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 oils of all kinds
for fuel. light and fabrication: to own.
buy and sell real estate. and operate
a garage and machine shop.
ARTICLE v.
To have corporate seal: to sue
and be sued. and have all the legal
mowers granted 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 $4,000. 90.
divided into 200 shares OF $4,000
each, which shan be paid in cash or
rronertv to the corporation.
The corporation may berin bust
ness as soon as 100000 has been
subscribed to and raid into the treas
urv CT the company.
No certificate of stock shall be
issued until it is fu7'v paid Fer in
lash or property actually paid to the
corporation. Of such time and manner
IS tho Foard Of Directors shall direct.
All the stock shall he common
stock. and I'll not sold shall be
treasury stock.
ARTICLE VIII.
The affairs of tie corporation shall
he 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 davs' LEGAL notice has been
riven to the stockholders by mail to
heir last known postoffice address.
Until the first regular meeting of
The stockholders. the following shall
be the Board Of Directors: NJ. s.
Bo'inger, C. E. Rolinger and r. A.
Bolinger.
ARTICLE TX.
The Officers Of the corporation
shall be President. Vicenresident
md Secretary, and be elected annu-
lily at regular meeting of the Board
u directors, to be held on the Sec
md Tuesday If April of each wear.
Until the first regular meeting of
the Roard. tho fol!owirr shall con-
sfitute the officers of the corpora
ton: NJ. S. Polir~er. President; C.
e. Bolinger, Vicepresident: R. A.
boi,nger. Secretary. who shall serve
antll their successors are elected.
ARTICLE x.
No stockhalder of the CORPORATION
shall ever be held liable or responsi-
bic for the faults of the company. or
,ar Its contracts. in any further sum
than any unpaid part on its stock pur-
chases. No informalitv in organiza-
ton shall have the effect of render
ing the charter null and void, or of
exposing any stakeholder to any liza
plltV DeYond the unpaid balance on
stock of the corporation.
ARTICLE XII.
Whenever this corporation shall be
dissolved by limitation or otherwise.
the affairs shall be iquidated by
board OF three, to be chosen from the
stockholders for this purpose.
When they have finished their
work, q reDort to ali Tho stoclhoIdorc
shall be made and the board asked
to be discharged.
Done and signed in my office, in
the Parish Of Bossier, in the pres
ence Of the subscribing witnesses, on
this, 4th day of April, 1917.
M. S. BBLINGER,
G.. E. BOLINGER.
Witnesses. R. A. BoLINGER.
M. B. KIDD.