The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1920-12-23

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ARTICLE, II.
Object and Purpose
The object and purpose for which
this corporation is organized Is to con.
struet, maintain and operate a tele-
phone plant in the town Of Ringgold
Louisiana with connecting lines to
other points
ARTICLE III.
Capital Stock
The capital stock Of this corporation
shall be fxed at the sum Of Five
Thousand Dollars (s5.0O0.00)) divid
cd into one hundred shares Of the par
value Of fifty dollars per share, all Of
which has been subscribed and paid
for before the publication Of these
articles Of incorporation, as follows:
L. r. Franklin. 10 Shares, $4,000 !:
O. G. Thomas, 6 shares, $4,000; l..
r. Cook. 6 shares, $4,000; G. e
Tonne, 6 shares, $4,000; e. F. Whit
ton, 6 shares, $4,000; W. B. Albums,
4 shares, $4,000; Mrs. S. NJ. TONNE,
4 shares, $4,000; G. c. Albums, 4
shares, $4,000; Wimberly & Albums
4 shares, $4,000; s. P. Stewatr, 8
4 shares, $4,000; s. P. Stewart, 8
shares, $4,000; r. F. Wimberly, .
shares, $4,000; e. G. Huggins, 2
shares, $4,000; Fl. q. Page, 2 shares,
$1,000: L. A.. Hess, 2 shares, $4,000 ;
II. P. Meachum, g shares, $4,000; e.
W. Davis, 2 shares, $4,000; r. r.
Smith. 9 shares, $4,000; G. 0. Thomas.
g. shares, $4,000; 3. NJ. Tonne, 2
shares, $4,000; 7. B. Page, shares.
$4,000 !, E. A. Tsoke, 2 shares, $4,000
G. A. Thomas, 2 shares, $4,000; l..
@. Graves, 2 shares, $4,000; Z. G,
Page, 2 shares, $4,000; page-Graves
Co, 2 shares, $4,000; ]. NJ. Hill, 2
shares $4,000; G, Fl. Scott, shares,
5000: J. II. Corley, 1 share, $4,000
KATE Albums, ! share, $4,000; ]. H
Stevens. / share 5000; J. ]. Cook,
j., ! share, 5000; e.. G, Cook, ]
shars. 5000; Fl. B. Scott, l share
5000; P. C. Williams, l share, 5000 ;
3. y. Albums, share, 5000: Tom
g. Perry, share, s500e; II. G. Cook,
l. share. 5000; Jas. r. Reagan, ]
share 5000: r. W. Lawson, ! share.
s50M. Total $5,00000.
The. entire capital stock shall be
common stock and there shall be no
preferred stock.
ARTICLE Nv.
Increase,
The capital stock of this corporation
may be increased hereafter to Ten
Thousand Dollars, ($10,O0000).
ARTICLE Y.
D0mieile
The, domicile Of this corporation
shall be 10 the town of Ringgold, La,
where all meetings of the stockholders
and directors must be held, provided
however, with the written consent o.
all directors, valid meetings of the
directors may be held outside Of the
State or within the State elsewhere
than its domicile.
ARTICLE VI
Directors
The affairs Of this corporation shat
DO conducted by seven directors, AM
the names Of these selected for the
Hrst year, or until their successors ar,
elected and qualified are as follows
G. e. TONNE. g. q. Franklin. s. P
Stewart, r. r. Wtmberly, L. B. Cook
r. r. Smith and Il. F. WhittOn, all
residence Of Ringgold, Bienville Par
ish, Louisiana.
The executive. officers OF this cor.
poration shall be a president and {
secretary-treasurer, who shall be elect.
ed annually by the directors, and the
officers for the first year shall be G.
81; Tonne, president; r. R, Smith,
secretary and treasurer.
ARTICLE VII.
CeFperate Powers
the corporate powers Of this corpor.
alton are hereby vested in its board
Of Directors, the. said board for the
srst ensuing year being herein above
named. the majority Of whom shall
constitute q quorum for the transac-
ton of business. The said board shall
be eelcted annually at the annual meet
Ing Of the stockholders Of said corpOr.
alton, which said meeting shall be held
on the first Monday Of August Of each
year beginning with the year, 1921,
and the said board shall have the al-
shority and power to sue and to be
sued In the name of said corporation
aud to appoint such officers and agents
and to engage such employees as the
business Of this, corporation may re-
Quire and to fix their compensation,
having due regard to the nature and
character Of their services, and shall
further have tho power to make by.
laws not inconsistent with any existing
laws Of this State, fixing and altering
the management Of Its property and
regulation and government Of It's af-
fairs, and the name certifcation and
registration Of Its stock, and shall fur
thes have power to wind up and dis,
solve said corporation In the manner
prescribed by law, and shall have all
other powers as may be named or be
So