The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1919-08-21
CHARTER
Of the Arcadia Bonded Warehouse
Company, Incorporated

CHARTER
Of the Arcadia Bonded Warehouse
Company, Incorporated
State Of Louisiana, Parish OF Blen'
VILE
BE 1T KNOWN AND REMEBER.
ED, That OH this the oath DAY OF
July, A. D., 1919, before me, Berlsam
F. Barnette, a Notary Public III aia
for said parish and state, duly com
missioned and sworn, came ana ap'
peared J. E. Reynolds, Leg Daniel y.
3, Brown, A. Anderson, Y. NJ. Lyons
L. NJ. Tooke, B. II. Felts, l.. y. Uzle!'
R, D. Sims, Lawrence Daniel, NJ. "
Collinsworth, ]. W. sherard, William
Sims, Il. L. Taylor, Joseph DaWlaon'
J. L. Mcclellan and R. c. Ferguson
residents of Bienville parish, LOUIS
lana, who, in the presence OF the at
testing legal and competent witnesses
declared to me, Notary, that, awaiting
themselves of the provisions OF the
laws of the State of Louisiana rela
five to the formation, organization ana
establishment of of corporations, anu
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 WIN
them or succeed them, into corpora.
tion under the name and terms and
for the purpose hereinafter set 1of'E
| in the various articles.
ARTICLE /.
The name of this Corporation snail
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
all acts necessary in carrying out the
provisions of this charter, and sucll
other acts as arc, or may be author
lied by law, and shall have succession
for period Of 80 years from date
hereof, unless sooner dissolved in &C
cordance with law.
ARTICLE II.
The object Of this corporation, ano
the purpose for which 1t is formed
are declared to be, to carry Oh a gen
eral bonded warehouse business and tt
buy, sell, lease and hold real estate
and personal property and to do an'
perform all acts necessary anu III
cidental to the carrying on OF sucl
business, under and in accordance witt
the laws of the State Of Louisiana
relative to such business.
ARTICLE III.
The capital stock of this corporation
shall be Seven Thousand Five Hun
lrcd (S7,5OO.O0) dollars, divided int
and represented by $50 shares of tn
oar value of Fifty ($5O.0O) Dollar
each and the corporation shall begil
business when all $50 shares are sub
. scribed and paid for in accordance
with law. This corporation shall hav
authority to increase it's capital stool
on complying with law relative there
to to an amount not exceeding FIT,
Thousand Dollars.
! ARTICLE ".
The deomicile of this corporation
shall be in the Town Of Arcadia, Blel
, vile, parish, Louisiana, at which plac
, all service of legal process Shall D
! made on the president and in his at
scnce in accordance with the law eS
listing at the time Of such service.
ARTICLE V.
! The affairs Of this corporation shal
be managed by and be under the col
troll of q Board Of Fifteen Director
: who shall be elected by and iron
t among the stockholders. at the annua
stockholders meeting which shall b
+ held on the first Monday In July {
:, each year, beginning with year 1871
y The following stockholders shall con
{ pose the first Board Of Directors:
e. REYNOLDS who shall act as chail
man; L. f. Ozley, who shall act
, secretary; Leo Daniel, d. d. Brow
A. Anderson, L. NJ. Tooke, r. D. Sim
]. w. Sherard, II L. Taylor, B. ]
Felts, NJ. O. Collinsworth, Y. 4
Lyons, j L. McClellan, R. c. Ferg,
son and Joseph Dawidoff, all of A
8 cadia, Bienyille parish, Louisiana
who shall hold office and compose sal
board until their successors are cleo
ed. Five Directors shall constitute
quorum.
II ARTICLE vi.
II The officers of this corporation sha
e be a President, First Vice-presiden
= Second Vice-president and a Seer
tary and Treasurer. The secretal
may also hold the office of Treasure
They shall be elected annually on ii
first Monday Of July, beginning Wi
the year 1920, by the Board Of Dire
y tors elected on said day by the stOcl
q holders, which board shall Immediate
s organize and elect said officers.
The first officers Of this corporatol
] shall be J. E. Reynolds, president;
: Anderson, list vice-president; R. I
i Sims, 2nd vice-president, and L.
Il Ozley, sccretary-treasurer, who sha
I hold said offices until their successor