The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1919-08-14
CHARTER
Of the Arcadia Bonded Warehouse
Company, Incorporated

IN That on this the 24th day OF
1 Iulv A, D., 1919, before me, Bert'an
F FL Barnette, a Notary Public i'll aha
for said parish and state, duly CON- an
mjssioned and sworn, came ana az
neared J. f. Reynolds, Leg ia'ilel' ~
+, Brown, a. Anderson, \: NJ; lyons lyons
r f. n locke, i. II. Felts, l.. Il. Obey
r D. Sims, Lawrence Daniel, M, M, W "
Sims, II. l.. Taylor, Joseph l uawluvm'
T., Mcclellan and r. G. Ferguson
" rosidents of Bienville parish, LOUIS
INN, who. in the presence OF Tue a.
testing t" legal and competent witnesses
declared to me, Notary, that, aValllhs
themselyes of the provisions OF INT
laws of the State Of Louisiana rela,
tive to the formation, organization anu
establishment 'l of of corporations, ana
,ho onprotion and management OF same
thew the do by this act and these presents
form f themselves and such other per.
sons s as NAV associate themselves WIN
thom or succeed them, into a corpora,
tinn under the name and terms ana
enr tho uuruose hereinafter set forth
in the various articles.
ARTICLE /.
rho name of this Corporation shall
10 AZ Arcadia Bonded Warehouse com
O M incorporated i'll and under when llel'
name il shall sue and be suea' carry s.,s,
n l'" its business, and do and perform
o oIl nets necessary in carrying out 1ht
n mr. of this charter, anu sucn
ptber acts as are, or may be author
H iyad Nv law, and shall have SUCCESSION
for A period Of 80 years from dat'
horoof unless sooner dissolved Ill &C.
cordance with law.
ARTICLE II.
Tho object Of this corporation, anu
rhc purpose for which it is formed
are declared to be, to carry Oh a yen
ora, bonded warehouse business ana Il
huv. sell. lease and hold real estate
and personal property and to 10 ant tut
perform all acts necessary anu III.
ciaental to the carrying Oh OF sue,
business, under and in accordance VIII
Tho laws of the State of Louisiana
relative to such business.
ARTICLE III.
The capital stock of this CORPORATION corp! atI!,,
shall he Seven Thousand Five Hun
dred ($7,5OO.0O) dollars, divided mt nj,
and and represented by $50 shares IA, :, of Il, tn,
nar value of Fifty ($5O.OO) Dollar
eacb, and the corporation shall besil
business when all $50 shares are sub
scribed and paid for in accordance
with law. This corporation shall nav
authority to increase its capital stocl
on complying with law relative there II
to 70 an amount not exceeding FIT,
Thousand Dollars.
ARTICLE ~.
The deomieile Of this corporation
shall he in the Town OF Arcadia BEL
vile, parish, Louisiana, at which plac
all service of legal process shall D
made on the president aud in his al
sence in accordance with the law eA
listing at the time Of such service.
ARTICLE V.
/ The affairs of this corporation sha
he managed by and be under the col
troll Of a Board Of Fifteen Director
who shall be elected by and fron
Iamong the stockholders, at the annus
stockholders meeting which shall b
thelG OIL the first Monday in July 9
each year, beginning with year 1921
The The following stockholders shall con
pose the first Board Of Directors; ,
E. Reynolds, who shall act =. .s clall
man; L. Il. Ozley, who shall act a
secretary; Leo Daniel, D. L. Brow
| A. Anderson, l.. NJ. Tooke, r. d. Sims
lJ. W. Sherard, r L. Taylor, B. +
| Felts, N. o. Collinsworth, Y. N
Lyons, J l.. Mcclellan, r. c. Fergu
son and Joseph Dawidoff, all of Al
cadia, Bienville parish, Louisiana
who shall hold Office and compose sal
board until their successors are elect
ed. Five Directors shall constitute
lqnOrum.
ARTICLE VI.
| The officers Of this corporation shall
be a President, a First Vice.President
a Second Vice-President and a Secre
tary and a Treasurer. The secretar
may also hold the office of Treasure
They shall be elected annually on tn
first Monday Of July, beginning wi
the year 1920, by the Board Of Diree
tors elected Oh said day by the stock
holders, which board shall immediatel
organize and elect said officers.
The first officers Of this corporatoi
shall be J. f. Reynolds, president; a
Anderson, LIST vice-president; r. D
Sims, Ind viee-president, and L. I
Ozley, secretary-treasurer, who shal
hold said offices until their successor
are elected according to law as here
inabOve provided.
ARTICLE VII.
Meetings of the stockholders and O
the Board Of Directors may be hel
as often as the needs Of the bushes
may require, provided that for stock
holders meetings, written notice shall
be mailed to each stakeholder at hi
last know postoffice address or tina
shown by the charter, at least fiftee,
days before said meeting is held. an,
for meetings of the Board of Direc
tors written notice shall be given t,
each member at least twenty-four hour
before said meeting is held; provided
that by consent Of the Board. thi,
notice may be waived.
ARTICLE VIII
No formality in the formation O,
this corporation shall have the Of.
feet OF annulling this charter, nor an,
stockholder ever held liable for an,
obligation or fault Of the corporation
except as provided by law. All stock
certificates shall hp sirnafl hu tho ,.s,o..;