The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1920-03-18

c0gnlZed by the corporation.
ARTICLE II.
The Board Of Directors may hold
meetings at the office of the corporation
as often as the business may require
and they may adopt such bylaws as
may be necessary for the carrying-or
OF the business of the corporation.
! ARTICLE 10.
The Board of Directors shall be ell
lected annually on the third Tuesday
| in January Of each year, beginning
with the year 1921. All such elections
IShall 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 it
shall have been so standing in his nama
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 and bust
ness Of this corporation.
Any vacancy occurring among thu
Directors by death, resignation OF
otherwise. shall be filled by election
for the remainder Of the term of the
Board by remaining Directors.
l. ARTICLE IA.
Whenever this corporation is dis
solved, either by limitation Or from
any other cause, it's affairs shall be
liquidated by three stockholders to be
Appointed at general meeting of tn
stockholders to be convened at the off
&c of the corporation as hereinabove
provided for all meetings of the stock
holders. Said commissioners shall
remain in office until the affairs of saiG
corporation shall have been fully liz
Undated In case of the death of on,
or more of said commissioners, til.
vacancy shall be filled by the remain
ing commissioners from among tho
stockholders.
ARTICLE Is.
This charter may be 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 effec
Of anrulling this charter, nor shall any
stakeholder ever be held liable for any
obligation or fault of the corporation
ARTICLE II.
The names. place of residence Of the
subscribing 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
incorporation may also serve as the
original subscription list
This done and signed on the dat,
first above written at my office in saii
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 as |
incorporators and Stockholders in this |
corporation. giving their POstoflice ad |
dress subscribing for the Number Of |
shares and amount of Capital STOCK
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. e. Brown, Jr., Arcadia, La.
20 Shares .......,...,.....,.... 100000
L. NJ. T00ke, Arcadia, La,
so Shares ..........,.............. 100000
Bertram F. Barnette, Arcadia, La.
5 Shares ...,.................... 10000
Y. NJ. Lyons, Arcadia, La.
ShareS ---...............-.......... 10000
]. s. McCOnathy, Arcadia La,
10 Shares ...,....................... 100000
J. B. Herring, Arcadia, La,
5 Shares ,............................ 10000
Joe Dawidoff, Arcadia, La,
10 Shares ......,............ 100000
Joe B. Dryer, Arcadia, La.
Observation-Disclosures. $4,000
r. H. Madden, Arcadia, La,
onareS observation-disclosures. 2OO.O0
]. RButler, Arcadia. La,
SnafeS.... Observation-Disclosures. 10000 n
Il. D. Butler, Arcadia, La,
8 Shares :. .................... 10000
J. F. Harrell, Arcadia, La,
SnafeS.. ..................... 10000
Bert Davis, Arcadia, La.
Shares. ...................... 10000
lack Davis, Arcadia, La,
D SnareS.......... 10000
B. 7. Ferguson, Arcadia, La.
oiafeS............ 10000
?. A. Mcclure Arcadia, La,
y Observation-Disclosures. 10000
). }. Mcclure, Arcadia, La,
ACKNOWLEDGEMENTS. 10000
IA }. McConathy, Arcadia, La.
oHareS ACKNOWLEDGEMENTS. 2OO00I
irs. s. A. Cook, Arcadia La,
OHdteS Observation-Disclosures. 10000
;arl Golf, Arcadia, La,
III Shares ........... 1OOO M
g. L. Williams, Arcadia, La,
;, 10 Shares .......... 100000
V. D. Truluck, Arcadia, La.
ShareS.-.-..... 50001
4eo Daniel, Arcadia, La.
III SnareS ........ LOCO 0O
D. Cathey, Arcadia, La.
Shares. 5OO M