The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1919-08-07
CHARTER
of the Arcadia Bonded Warehouse
Company, Incorporated
State of Louisiana, Parish Of Bien-

for said parish and state, du!y com
missioned and sworn, calIle and ap
peared J. L. Reynolds, ].e, Daniel y
Z, Brown. A. Anderson, \. NJ. Lyons
T. NJ Tooke, B. r. Felts. /, Il. Obey
r D. Sims, Lawrence Daniel NJ .
Colljpsworth. J. W. Sherard. william
Sims r. i. Taylor, Joseph Dawidoff
/ L. Mcclellan and Il. {. Ferguson
residents of Bienyille parish LOUIS
lana, who. in the presence OF the ut
testing LEGAL and competent witnesses
declared to- me. Notary. that. aVallihS
themselves of the provisions OF tht
laws Of the State of Louisiana rela
five to the formation. organization allo
establishment Of of corporations a'lt
the operation and management OF same
they do by this act and these presents
form themselves and such other per
sons AS may associate themselves WITH
them or succeed them. into a corpora
tion, under the name and terms ana
for the purpose hereinafter set tortr
In the various articles.
ARTICLE l.
The name of this Corporation snail
he Arcadia Bonded Warehouse Com
many, incorporated in and under when
name if shall sue aud be sued, carry
ON its business, and do and perform
all acts necessary in carrying out 'h'
provisions of this charter, ana such
other acts as are, or may be aulhof'
lied by law, and shall have succession
for period Of 80 years from da''
hereof, unless sooner dissolved Ill ac
cor,ance with law.
ARTICLE II.
The object of this corporation, anu
the purpose for which 1t Is FORMED
are declared to be, to carry Oh gen
eral bonded warehouse business ana Il
Inv, sell lease and hold real estate
and personal property and to 10 ah'
perform all acts necessary ana III
cidental to the carrying on OF sCcl
business. under and III accordance VIII
the laws Of the State OF Louisiana
relative to such business.
ARTICLE III.
The capital stock of this corporatloj
shall be Seven Thousand Five Hun
bred (S7,5OO.OO) dollars, divided int
and represented by $50 shares of tn
OAR value of Fifty (S5O.OO) Dollar
each, and the corporation shall besli
business when all $40 shares are sub
scril,ed and paid for in accordance
with law This corporation shall have
authority to increase its capital stocF
on complying with law relative there
to to an amount not exceeding FIT,
Thousand Dollars.
\ ARTICLE w.
The deomicile of this corporation |
shall he in the Town of Arcadia, Bien |
vile, parish. Louisiana. at which place
all service Of legal process shall b |
made on the president and in his alb
sence In accordance with the law ey
listing at the time of such service.
ARTICLE V.
The affairs of this corporation shall
he 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 BIZ
held on the first Monday in July 0
each year, beginning with year 1929 t
The following stockholders shall com
pose the first Board of Directors: J
L. Reynolds, who shall act rs chair
man; L. +. Ozley. who shall act a.
secretary; Leo Daniel. d. L. Brown
A. Anderson, l.. NJ. Tooke. r. d. Sims |
J. NV. Sherard. II L. Taylor, B. RI
Felts, NJ. O. Collinsworth. Y. N
Lyons, ] h Mcclellan. K. c. Fergu
son and Joseph Dawidoff. all of Ar
,adla. Bienyille parish, Louisiana
who shall hold office and compose sail
board until their successors are elect
III, Five Directors shall constitute
quorum.
ARTICLE VI.
The officers of this corporation shal
,e a President First Vice President |
Second Vice-President and Secre |
airy and Il Treasurer. The secretar,
nay also hold the office of Treasurer
They shall be elected annually ON tn,
lrst Monday Of July. beginning wi
nc year 1920. by the Board of Direc
ors elected on said day by the stock
loltlers' which board shall immediatel
'rganize and elect said officers,
The first officers of this corporatoi i
nall be J. +. Reynolds, president r.
anderson. LIST vice-president: R. D |,
inns, 2nd vice,president, and /, r
Gley, secretary-treasurer, who shall
old said offices until their successor
10 elected according to law as here 4
nabove provided.
ARTICLE VII.
Meetings Of the stockholders and Of r
he Board OF Directors may be hel, :,
often as the needs of the busjues, y
NY require provided that for stock Il
9.ters' meetings. written notice shall Il
{ mailed to each stakeholder at hi ),
'S' Know posto1fice address or tina
''wn by the charter, at least fiftep, i,
ayi before said meeting is held am u
u meetings OF the Board of Direc
rs written notice shall be given +,
n member at least twenty-four hour
''ofe SAID meeting is held: provide,
III by consent of the Board thiS
Vice may he waived.
ARTICLE VIII M
No formality in the formation Of n
~ corporation shall have the of. 81
q OF allnullins this charter, nor anr la
ever held liable for any g..
isafioh or fault of the corporation. me
'ep' as provided by law. All stock Fl
''l'lcateS shall be signed by the presi me
NJ ami OF vice-president and secre.
y NO stock of this corporation shall IN
sold to a third party, until same AL
beell offered to the corporation or Eel
Stoekiioi'ler therein and refused at 10
; same price offered by such third CT
'S0n. MI transfers shall he mol wa