The Era-leader. [volume] (Franklinton, La.) 1910-current, 1920-09-02
CHAPTF-.
UNITED STATES G. AMERICA
STATE OF LOUISIANA,


Notary Public in and for the Parisl
of Washington, State of Louisiana
duly qualified, and in the presenc,
OF the witnesses hereinafter nance
and undersigned, personally cam,
and appeared: O. H. Carter, Ches
Mlzell, Paul E. Greenlaw, B. E. Bick
ham, c. S. E. Darlington, Jas. E. No
BILE, H. C. Richardson, C. W. Varnado
NJ. c. Magee, H. W. Magee, l.. H
Mulina, D. H. SPRINGFIELD, w. ]. Bur
ris, Mrs: j. Vol Brock, all citizen:
and resident of Franklinton, Wash
lngton Parish, Louisiana, and of full
age, who declared that, awaiting
themselves of the laws of this state
relative to the organization of cor.
porations, and especially of Act No
267 of 1914, of this state, and
amendments thereto, they have cove
nanted and agreed and by these pres
ents do covenant, agree and and stip-
ulate and bind themselves, as well
as such other persons as may become
associated with them, and do form
and constitute corporation and body
polite in law, for the purpose and
objects and under the stipulations
and conditions following, to-wit:
ARTICLE I.
The name and title Of said cor.
poration shall be FRANKLINTON
LIGHT AND POWER COMPANY,
INCORPORATED.
ARTICLE II.
Said corporation shall have power
to sue and be sued; to make and use
common seal and the same to
change and alter at pleasure; to &C.
quire, purchase, hold, lease, grant,
sell, pledge, mortgage, cucumber and
handle generally all kinds of prop
erty, real, personal and mixed; to
make bylaws, rules and regulations
not inconsistent with this Charter or
the laws of this state; to appoint
such officers, agents and employees
as its business may require, and fix
their compensation; to wind up and
dissolve itself; and to have such pow
ers generally as is conferred by law
on corporations,
ARTICLE III.
The object and purpose for which
this corporation is organized is here
by declared to be as follows, to-wit:
To establish, own and operate one or
more light and power plants, light
and power systems, in the Town of
Franklinton, Washington Parish,
Louisiana, or elsewhere; to generate
electricity for light and power and
for any and all purposes for its own
use and for sale and rent; to own
and operate water plants, water
works and sewerage and drainage
systems; to own and to operate ice
factories and cold storage plants,
and to manufacture, buy, sell and
store ice for it's own use and for sale;
all as permitted by law and as the
Board of Directors may deem fit;
and generally to do any and all acts
and things necessary, Incidental and
proper in carrying out the purpose
and objects Of this corporation.
ARTIVLE w.
The Capital Stock of this corpor-
alton is hereby fixed at the sum of
Fifteen Thousand (S15,000.00) Dol
lars, divided into $50 shares of a
par value Of One Hundred ($100.00)
Dollars each.
The Capital Stock Of this corpora
ton may be increased from time to
time, as provided by law, not to ex-
coed a total capital stock of Twenty
five Thousand ~($25,o00.00) Dol
lars.
ARTICLE V.
The domicile of this corporation is
hereby fixed at Franklinton, Wash
ington Parish, Louisiana, where all
of the Board of Directors
shall be held. except that upon the
written consent Of all directors such
meetings may be held elsewhere.
ARTICLE VI.
This corporation shall continue
for a period of ninety-nine years,
unless sooner dissolved, in accord
anee with the provisions Of the Char
ter and the laws Of this state.
ARTICLE VII.
All the affairs of this corporation
shall be managed and conducted by
a board of Nine (9) Directors, who
shall have full power to manage the
affairs of the Corporation and pass
such rules. regulations and bylaws
as they deem proper for the conduct
of it's business. They shall have full
power to appoint all agents, man,
ayers or employees, and confer such
power on each director and officer
as they deem necessary. A majority
of the board shall constitute quo
rom, and their acts shall be valid cor
porate acts. A director to be eli
gible must own in his own name at
least one unpledaed> share of the
Capital Stock, fully paid.
The first directors Of this corpora
ton shall be the following: Paul
E. Greenlaw, W, S. Burris, O. H.
Carter, M, W. OFT, E. R. McCreary,
W. J. Burris, Jas, E. Noble, B. E.
Bickham and C. S. E. Darlington, all
residents of Washington Parish,
Louisiana, and who shall serve until
the first Monday in January, 1921,
at which time new Board of Direc-
tors shall be elected, The regular
annual meeting for the election Of
Directors shall be held on the first
Monday in January Of each subse-