Bogalusa enterprise and American. (Bogalusa, La.) 1918-19??, 1920-06-10
CHARTER
UNITED STATES OF AMERICA
STATE OF LOUISIANA
PARISH OF WASHINGTON

uualifled IN and for washington Par
ish, Louisiana, and in the presence
of the witnesses hereinafter named
and undersigned.
Personally came and appeared the
persons whose names are hereunto
subscribed, all Of legal age and resi-
dents Of Washington Parish, LOUISE
ana, who severally declare unto me
said Notary, that availing themselves
of the provisions Of the law Of the
State of Louisiana, relative to the
formation Of corporations, particu-
larry Act 267 of 1914, Of the General
Assembly of the State of Louisiana,
they have formed, organized, cove
nanted and agreed, and by these pres
ents do covenant, agree, form and
organize corporation and body po-
litic in law, for the objects and pur-
poses, under corporate name and
with the stipulations and agreements
hereinafter set forth, as follows, to-
wit:
ARTICLE I
The name of this corporation shall
be "THE WHITE CITY, INCORPOR-
ATED," and it shall have its domi-
cile at Bogalusa, Washington Parish,
Louisiana, and shall have and enjoy
corporate succession for a period of
ninety-nine years under its corpor-
ate name.
ARTICLE II
The capital stock of the corpora
ton shall be Fifteen Thousand Dol
lars, divided into fifteen thousand
shares of one dollar each, which said
shares shall be paid for in cash or it's
equivalent in accordance with the
terms and provisions Of Act 267 of
1914, Of the General Assembly of
the State Of Louisiana. This corpor-
alton shall become going concern
when SO per cent of the capital stock
has actually been subscribed and paid
for in accordance with the terms Of
Sections 2 and 3 of Act 267 Of 1914
above mentioned
ARTICLE III
The objects and purposes for
which this corporation is organized, |
are hereby declared to be as follows: |
TO buy, sell, lease, mortgage or other
wise hypothecate real and personal /
property; to engage in any and all /
legitimate amusement enterprises
and make the necessary contracts
therefor; to operate places of amuse-
ment, parks, eating houses, cold drink
stands, etc; to engage in any and
all kinds Of business not inconsistent
with the laws Of the State of Louisi-
ara and the City of Bogalusa, La.
ARTICLE "
The capital stock Of this corpora
ton may be increased to Fifty Thou
sand Dollars upon otherwise comply
ing with the laws Of the United
States, and the State of Louisiana.
The company shall endeavor to dis
tribute its stock to the largest num-
Der Of stockholders, and no one, two
or three persons shall ever purchase
a controlling interest in the COM
pany's stock, directly or indirectly,
and any stock thus bought up in vio-
.atiOn of this Charter shall be at once
forfeited to the company, for the in !
.erests Of all of the stockholders.
ARTICLE "
The company shall set aside, :
monthly, at least so per cent Of the
let earnings Of the company for divi-
lends, and whenever the accumulated
surplus amounts to more than s per
.ent of the stock issued, shall de- !
lare an extra dividend quarterly.
ARTICLE vi
fhe officers Of this corporation
re hereby declared to be: Presi-
ent, Vice-P President and Secretary
nd Treasurer. The President shall l
ign all contracts, deeds, leases, ETC.,
nd do all other acts ordinarily in !
umbent upon the presiding officer. /
he Vice-President shall act for him l
nd in his stead during his absence, :
nd the Secretary shall keep an ac- :
lrate minute Of the affairs Of the :
Ompany, and the Treasurer shall :
eep 3 correct account Of the =
keep the books and sign all 2
leclu, etc. =
ARTICLE VII J
Board Of Directors
The first Board Of Directors are =
sreby declared to be-: Charles 4
Tebster, ]. A. Spekenhier, Frank Y
llIivan, d. T. Gushing, C. L. J.
lack and B. d. Talley, Of whom y
harles Webster shall be President, .
A. Spekenhier, Vice-President; G. I;
Black, Secretary, and d. 7. Cush- Z
K, Treasurer, and this present =
Dard shall hold office till the cleo q
on Of their successors as hereinafter Y
t out, and any four of this board Y
all constitute a quorum for the .
lrpose of transacting the business y
the corporation. The Board Of Y
irectors may pass such bylaws as ,.
deems wise and if a vacancy occur ].
the membership of the board, the A
rectors may at once fill it from d
aong the stockholders. The board N
all have power to determine how Y
yments for stock in this corpora .
N shall be made, provided, that the n
yments and terms are not incon- "
tee with the laws of the state. A.
ARTICLE VIII III
Stockholders Meetings. j..
The annual stockholders meeting q.
Ill be held at the office Of the cor Bt
ration in Bogalusa, La, on the sec y.
d Tuesday Of June of each year at d.
lich time the stock represented J.
her ia person or by proxy shall be L.
led TO elect the new board Of seven 4.
'ectors, and when the new Board i.
ntwaNNnwr shu1I hoxra haav& aIanAa1 j.