The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1919-07-31
CHARTER
Of the Arcadia Bonded Warehouse
Company. Incorporated
State of Louisiana, Parish OF Blen'


RE TT KNOWN AND REMEBER
ED That on this the 24th day o
July, A. D., 1919. before me, Bertsah
=. Barnette, a Notary Public in ALI
for said parish and state, duly com
missioned and sworn, caiIle anu ap
reared ]. E. Reynolds, Leo Danlel, y
i. Brown, A. Anderson, !. NJ: Lyons
+. NJ. Tooke, B. r. Felts, !" f. Ozley
R. D. Sims, Lawrence Daniel, NJ. U
Colllnsworth, ]. W. Sherard, william
Stus, r. l.. Taylor, Joseph Dawldoll
/ L. Mcclellan and II. c. Ferguson
residents Of Bienville parish LOUIS
ana. who. in the presence OF the at
testing legal and competent witnesses
declared 20 me- Notary, that, awaiting
themselves Of the provisions OF INT
laws Of the State Of Louisiana rela
five to the formation. organization ant
establishment Of of corporations, ant
the operation aud management OF same
they do by this act and these presents
form themselves and such other per
sons as may associate themselves witt
them or succeed them. into corpora
tjOn, under the name and terms ana
for the purpose hereinafter set fortl
i'm the various articles.
ARTICLE |.
The name of this Corporation sliall
he Arcadia Bonded Warehouse Com
pany, incorporated in and under which
name It shall sue and be sued, carry
on its business, and do and perform
NIL acts necessary in carrying out th'
provisions of this charter, and sucli
other acts as are. or may be author
ized by law. and shall have succession
for a period Of 30 years from date
hereof. unless sooner dissolved Ill ac'
cor,lallce with law.
ARTICLE II.
The object of this corporation, ana
the purpose for which 1t Is formed
are declared to be. to carry on gen
eral bonded warehouse business and t.
buy. sell, lease and hold real estate
and personal property and to DO ant
perform all acts necessary and in
cidental to the carrying on OF sucf
business, under and in accordance will
the laws of the State OF LOuisian;
relative to such business.
ARTICLE III.
The capital stock of this corporation
shall he Seven Thousand Five Hun
bred ($7,5OO.OO) dollars, divided int
and represented by $50 shares of til,
par value Of Fifty ($5O.oW Dollar:
each, and the corporation shall begin
business when all $50 shares are sub
scribed and paid for i'll accordance
with law. This corporation shall have
authority to increase its capital stock
Oh complying with law relative there
to to an amount not exceeding Fifty
Thousand Dollars.
ARTICLE w.
The deomicile Of this corporate,
shall he In the Town of Arcadia, Blen |
vile. parish. Louisiana. at which plac, |
all service of legal process shall bt
made on the president and in bis alb |
'sence IN accordance with the law ex
listing at the time Of such service.
ARTICLE V.
The affairs Of this corporation shall
be managed by and be under the con
troll Of Board of Fifteen Director:
who shall be elected by and from
among the stockholders. at the annua
stockholders meeting which shall be
held on the first Monday in July o
each year, beginning with year 1920
The following stockholders shall com
pose the first Board of Directors: ]
i. Reynolds, who shall act as chair
man; l.. E. Ozley. who shall act q,
secretary: Leo Daniel D. L. Brown
A. Anderson. i. NJ. Tooke, Il. u, Sims
J. ". Sherard, X L.. Taylor. B, R
Feits NJ. o. Collinsworth, Y. N
Lyons, J i. Mcclellan, II. {. Ferru
son and Joseph Dawidoff, all Of Ar
eadia, Bienville parish, Lonisi,no
VINO snail hold Office and compose saiI I
board until their successors are eloct
Pd' FIVE Directors shall constitute
quorum.
ARTICLE VI.
Ihe officers OF this corporation sba,-
e a President. a First Vice.president
second Vice-President and Secre
lafy and a Treasurer. The secretar,
may also hold the office of Treasurer
iiey shall be elected annually on tb,
lrsI''sion,lay Of July, beginning vii
me year 1920, by the Board of Direc t
.ors elected on said day by the stock !,
holders, which board shall imme,liatel
'fganize and elect said officers.
!, Inc flrst officers of this corporatoi ;
'hail be ]. +. Reynolds, president: A \
anderson. LIST yice.presilent; r, D {
SIMS md vice-president. and i. FL
zley' OBSERVATION-DISCLOSURES, who shal
'old said Offices until their s,,ccessor g
'fe elected according to law AS hero 4
nahove provided.
ARTICLE VII.
Meetings Of the stockholders and If y
ne Board Of Directors may be he'll.
y often as the needs of the business:
nay require. provided that for stock "
l'lders meetings written notice shall
. mailed to each stakeholder at HI
ISL Know postoffice address or tha IL
aown by the charter, at least tiftee, e.
avs before said meeting is held, an,
VI meetings of the Board of DiY.c
'rs' written notice shall be given I, n
',il member at least twenty-four bour %
'iorc SAID meeting Is held: provide, re
~. ny consent of the Board tb,s
otice may he waived.
ARTICLE VIII IN
no formallty in the formation Of 70
''s corporation shall have the Of. an
y OF 'llnulling this charter nor anr Nv
ocSllol'ler ever held liable for any y
''lsatioll or fault Of the corporation
'eept as provided by law. All stocl
70 shall he signed by the presi. Cd
u. ana Of vice-president and secre. Ill
ry. No stock Of this corporation shall ha
sold to a third party. until same ah
il bpp,1 0ffara.I l., A. ""N az