The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1919-01-09

Incorporated.
state Of Louisiana, Parish Of CGddO.
BE it remembered that on this day. be-
fore me- ID. {. Scarborough. jr.. Il notary
public in and for said parish and state.
Gully commissioned and sworn. personally
came and appeared {. Il. kceth. llosston.
La. X. &. Purcell. Plain Dealing. La. &. \.
Harrison. Plain Dealing. La. who stated
and declared to me. notary. that they have
organized themselves, as well as such other
persons as may hereafter become associated
with them, into corporation. and have
adopted as their charter the following.
tG-wit:
ARTICLE i.
The name of the corporation shall be the
IIAREISoN-l'rICEL COMPANY. Incorporated,
with its domicile ut Plain Dealing. Bossier
Parish. louisiana and under said corporate
name it shall have and enjoy succession
for a period Of ninety-ninc years. unless
sooner dissolved. hereinafter provided
All legal processes shall be served upon its
President. or. in his absence. upon the vice
president. or. in the absence of both, upon
the Secretary of the company.
ARTICLE ii.
The objects for which this corporation is
organized are hereby declared to be: To
conduct and carry on general wholesale
and retail mercantile and grocery business,
buy and sell merchandise and groceries Of
every description. live stock, cotton, vehi-
tlcs. farming implements. and other per-
sonal property. and to do any and all things
complementary. incident or necessary to
CARRYING out such objects and purposes.
ARTICLE III.
The capital stock Of this corporation Is
hereby fixed at the sum of Twenty Thou
1c.l1Al 1T VIZ dad into fArn
hundred shares of the par value Of One
Hundred Dollars iS1OOp EACH which may
be issued for property acquired at valua-
ton to be approved by the Board Of Di-
rcctors. services rendered. or cash. and all
stock when issued shall be fully paid and
worcestershire.
ARTICLE ".
The affairs Of this corporation shall be
managed and controlled by II Board Of D-
rectOrs, consisting Of three t:) stockholders
to be elected ut IN annual meeting to be
held on the second Monday in December Of
each year. and who shall hold their offices
for one year. or until their successors are
cleo ted and Installed. Said Board Of U-
rcCtors shall exercise nll OF the powers of
this corporation. with full power to pur-
chase any property necessary for Its cor
poratc purposes. and to mortgage, hypothe-
cate or sell and dispose OF same: TO en-
| plOy managers or employees that may be
| necessary in conducting Its affairs, with
| full authority to fill any vacancies occur
| ring in said Board of Directors, or else
where. as said board may agree. Until the
| election of the Board OF Directors on the
| second Monday In December. the following
| shall constitute the BOnrd OF Directors OF
this corporation &. H. Kccth. President
H. G. Purcell. Viccpresident. ind &. \. liar
rison Sccretary-TreaSurer.
ARTICLE V.
This corporation may be dissolved. or it,
| charter amended. ut u vote OF two'thfrds 81
| its stock. cast ut II meeting CHILLED for that
| purpose. and when dissolved by limitation
or otherwise, Its affairs silull be liquidatct
and settled by one liquidntor selected b,
the stockholders. and who shall give sucl
| bond and have such powers rs the stock
holders may decide. Unless otherwise pro
vided by law. notice Of all stockholders
meetings shall be given by letter ADDRESSED
| to the stockhoider ut his usual postoffic
| address. provided that by unanimous con
sent of the stockholders. notice Of an.
| stockholders meeting may he waived. ant
that at all stockholders meetings eacl
share of stock shall he entitled to one vote
to be east in person, or by another author
lied to do 80 In writing. and. when no
otherwise provided by Inv. or this charter
Il majority of the stock present ut any sue
meeting shall prevail.
| ARTICLE vi.
No stakeholder Of this corporation sha
ever be held liable or responsible for til
contracts or faults thereof In any furthc
sum than the unpaid balance due on hi
stock, nor shall any mere informality hav
the effect Of rendering this charter null an
void or exposing any stakeholder TO an
II ater less than his stctk.