Bogalusa enterprise and American. (Bogalusa, La.) 1918-19??, 1918-11-07

tive to notice, and all directors shall
serve until the regular annual meet
! ing. or until their successors are
elected and qualified. Immediately
after the election of directors as
1 herein stated, the directors shall meet
! and elect from their OWL number one
/ TO be president, one to be vice-presi-
/ dent and secretary, and one to be
1 treasury of this corporation during
/ the term OF their respective offices.
/ Until the regular meeting on the
first Monday in January, 1919, the
following shall serve as officers of
said corporation: Jay o. Ward, as
President; A. N. Dobbs, as vice pres
ident and secretary, and Edward R.
Cassidy, as treasurer, all of whom
reside in Bogalusa, La.
The stockholders meeting for the
election Of directors as herein pro-
vided shall be held at the donicile of
the corporation after notice to the
stockholders, which notice shall be de-
livered to the stockholders personally,
or deposited in the postoffice adj
dressed to him at his last residence at
least fifteen days before the meet
4 ing. Other stockholders meetings
may be held when ordered by the
/ board of directors, or on application
Of Is per cent Of the outstanding
stocla Notice of such meeting to be
given in the same manner as pro-
vided for in meetings to elect direc-
tors, provided that in all cases Of
stockholders meetings it shall not be
necessary to give notice if all the
stockholders waive notice in writing.
ARTICLE x
The charter of this corporation
may be. amended, the capital stock
| increased or decreased, or the OBJ
jects and purposes of the corporation
changed, at a regular meeting of the
stockholders called and held in pur-
suance Of this charter and on com
plying with the law relative thereto
ARTICLE XI
No stockholder Of this corporation
shall ever be held liable or response
Bile for the contracts or IauIts of
this corporation in any further sum
than the unpaid balance due on the
shares of stock subscribed for by such
person; nor shall any informality in
the organization of this corporation
have the effect of rendering this
charter null, or of exposing stock
holder to any further liability be-
yound the balance, if any, on his
stock.
ARTICLE XII
This corporation may be dissolved
BY complying with the provisions of
Act 267 of 1914, and whenever this /
corporation is dissolved its affairs
shall be lcuidated by three liduida-
tors elected by the stockholders at a
meeting called for that purpose, at |
which meeting the stockholders shall /
determine the manner OF liquidation
to be pursued; the qualification of
the liquidators and the powers to
be given to them in winding up the I
affairs of the corporation.
ARTICLE XIII
The initial stockholders Of this cor
poration are hereby declared to be the
following: Edward r. Cassidy, Of
Bogalusa, La, subscribed for thir-
teen t13) shares of the capital stock;
A. n. Dobbs, of B0gaIusa, La, sub T
sclibed for thirteen (I31 shares of
the capital stock, and Jay q. Ward.
Of Bogalusa, La, subscribed for
twenty-four (24) shares Of the cap
ital stock, making total herein sub
scribed Of fifty (5O) shares, or the
sum of Five Thousand Dollars
(S5,000.00l. The subscribers to the
capital stock have this day paid their
subscriptions to the stock subscribed
by them as follows: The subscribers
being the owners and partners of q
certain stock of goods, wares and
merchandise, bills receivable, omen
accounts, fixtures, etc, and other
personal property in the CASSIDY
building, Austin street, Bogalusa, La,
have and do hereby transfer and de- Z
liver the said property to the said &
corporation in payment of their stock
which property is listed :
and described on the attached state
ment and appraised and valued bv (
ne incorporators as being fully worth /;
the amount Of stock subscribed and
70 be issued therefor, and it being
and agreed that after the
-aking over of said property as afore-
laid that the incorporates will be en-
tiled to certificates Of stock in this 7
corporation in accordance with the I
AMOUNT subscribed.
Thus done and signed at my office
n Bogalusa, Washington Parish, La,
N this 23rd day of October, 1915, !
n the presence of T. J. Magee and !,
}. T. Magee, legal witnesses, who
ign with the parties and me, Notary, I
lfter due reading.
E. r. CASSIDY,
A. N. D0BBS, 5,
J. o. WARD. v
Witnesses:
T. j. MACE, ]
o. T.. MAGE.
G. ELLIS OFT, Notary Public.
'tate of Louisiana,
Washington Parish.
Before me, the undersigned Notarvi q