The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1920-03-11

notice to each stakeholder at his last
known post-office address, at least mir
ty days prior to said meeting.
ARTICLE II
All stock certificates shall be signed
by the president or wee president and
by the cashier or assistant cashier.
No stock in this corporation shall be
sold to a third person by any stock
holder, until after same has been offer
ed to the officers Of this corporation. or
TO a stakeholder therein and refused
by it or him, at the same price offered
by such third person for said stock,
All transfers of stock shall be made ON
the books of the corporation, only OH
the surrender Of the certificate or GER
titicates to be transferred, and no other
transfer shall be binding on. or be re-
Icognized by the corporation.
ARTICLE II.
The Board Of Directors may hold
! lllttllllSS III lIlC WIN L vi MT WI ptlFllol
as often as the business may require
and they may adopt such bylaws as
may be necessary for the carrying-on
of the business of the corporation
! ARTICLE Is.
The Board of Directors shall be ell
ected annually, on the third Tuesday
in January Of each year, beginning
with the year 1921. All such elections
shall be by ballot and conducted at the
Office of the association, under the
supervision of three commissioners to
be appointed by the chairman Of said
meeting. Every holder of stock shall
be entitled to one vote for each share
Of stock standing in his name on the
books of the corporation, provided il
shall have been 80 standing in his name
on said books for not less than thirty
days prior to the election, and said
vote to be cast in person or by written
proxy, and a majority Of the votes cast !
shall elect
The Board of Directors shall es-
tabliSh such rules regulations and by
laws as may be necessary for conduct
ing the business. and shall elect an,
appoint, from time to time such com
mittees, officers, cashiers. clerks, agents
and other employees as they may deem
necessary for the purpose ard bust
ness of this corporation.
Any vacancy occurring among thu
Directors by death, resignation o.
otherwise, shall be filled by election
for the remainder of the term of tn,
Board by remaining Directors.
ARTICLE II.
Whenever this corporation is dis
solved, either by limitation OF from
any other cause. its affairs shall be
liQuidated by three stockholders to be
appointed at a general meeting Of tn
stockholders to be convened at the off
ce Of the corporation as hereinabovc
provided for all meetings of the stock
holders. Said commissioners shall
remain in Office until the affairs of sale
corporation shall have been fully liz
Undated. In case of the death of on,
or more of said commissioners, thu
vacancy shall be filled by the remain
ing commissioners from among thu
ARTICLE u.
This charter may De modified. alter
ed, changed or amended or this cor
pOratiOn dissolved with the assent of
two thirds Of the amount Of said cap
ital stock, given at a general meetin!
of the stockholders convened for Sucl
purpose as herein provided. and ac
cording to law, and after notice there
of being given in the manner provided
by law.
ARTICLE 16.
No informally in the formation of
this corporation shall have the effcc
of annulling this charter, nor shall any
ever be held liable for any
obligation or fault Of the corporation
ARTICLE II.
The names, place Of residence of tho
stockholders and the nun
Der of shares subscribed for by each
of them have been written opposite
their names in order that this act of
may also serve as the
original subscription list.
This done and signed on the dat,
first above written at my Office in sai
Parish of Bienville in the presence O
J. Westmorland and v s. Farmer com
petent witnesses and me. Notary be
fore whom these appearors have sign
ed their names and set their hands a.
incorporators and Stockholders in thi
corporation, giving their Postoffice al .
dress subscribing for the Number O
shares and amount of Capital Stool
set opposite their names, which the,
declared they have paid for in casl
and in accordance with law.
w. NJ. Deas, Arcadia La,
20 Shares .,...,,,.......,...... 100000
d. q. Brown. Jr., Arcadia, La.
20 Shares ,................. 100000
L. NJ. Tooke, Arcadia, La
so Shares .......,...........,.... 100000
Bertram f. Barnette, Arcadia, La.
5 Shares .............................. 10000
Y. NJ. Lyons, Arcadia, La.
5 Shares ..,.......................... 10000
j. s. McConathy, Arcadia La,
10 Shares ..................~. 100000
]. B. Herring Arcadia, La,
D SHARES ACKNOWLEDGEMENT. 00U.W |
Joe Dawidoff, Arcadia, La,
10 Shares .,.....,,...., 100000
Joe B. Dryer, Arcadia, La.
. Shares. ...................... 10000 |
r. Fl. Madden. Arcadia, La,
SHARES .............-............-.. 2U0.W |
J. R.Butler, Arcadia, La,
5 Shares. ACKNOWLEDGEMENT. 10000 |
ii. D. Butler, Arcadia, La,
8 Shares ;, ......,.,.................. 10000 |
j. ?. Harrell, Arcadia, La
5 Shares. ............... 10000 |
Bert Davis, Arcadia, La.
3 Shares. ..,........,............. 10000 |
Jack Davis, Arcadia, La.