The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-07-14
lIiBTER
GibsIanA light & Power Company,
Incorporated

GibsIanA light & Power Company,
incorporated
State Of Louisiana, Parish Of Bicn
vile.
BE it known that on this the 18th
day of April, \. D., 1921, before me-
". G. Langford, a Notary Public III
and for the Parish Of BicnyilIe, State
of Louisiana. duly commissioned and
sworn, personally came and appeared
the parties whose names are hcrcunto
subscribed, who in the presence OF the
legal and competent witnesses, declared
to me, Notary, that ayailins them
selves of the provisions Of the laws
and constitution Of Louisiana and
especially of Act 2G7 Of the General
Assembly Of Louisiana, Session OF
1914, relating to the formation, organ
ization, establishment, operation and
management Of corporations, they do
by this act and by these present form
themselves and such other persons as
may associate themselves with them
or succeed them, into corporation
under the name and terms and for the
objects and purposes hereinafter set
forth in the following articles, to-
wit:
Article |.
The name of this corporation shall
be Gibsland Light & Power Company,
Incorporated.
Article Ii.
The objects and purposes FOR which
this corporation is formed is to man
ufaCture and supply gas or electric
lights, power and traction; to con-
struct and maintain lines for the dis
tribution of electric current; to lay
pipe lines to convey natural or arti-
fetal gas for the purposes of lighting
Or heating; TO install and operate
water works; to establish, maintain
and operate drainage or sewerage sys-
tens; to manufacture and sell ice, and
to do any and all things necessary,
complementary and incidental to the
purposes herein stated.
Article iii.
The capital stock of this corporation
shall be TEN THOUSAND DOLLARS
($l0,00OO0) divided into and repre-
sented by ONE HUNDRED SHARES,
(10O) of common stock, Of the par
value Of One Hundred ($1OOOO) dol
lars per share, and the corporation
shall begin business when fifty shares
are subscribed and paid for in con-
formity with law.
Article ".
This corporation shall have author
ity to increase its capital stock not to
exceed Twenty-Five Thousand Dol
lars ($25,OOO.OO).
Article Y.
The domicile Of this corporation
shall be Gibsland, Bienyille Parish,
Louisiana, at which place all meetings
of the stockholders and Board of D-
rectors shall be held, provided how
ever that with the written consent
Of all the directors, valid meetings
may be held outside the State or with
in the State elsewhere than at its
domicile. All service of legal process
shall be made on the president or in
his absence as provided by law.
Article vi.
This corporation shall exist for a
period Of nine y-nine 500 years from
date of its 'rmation unless other
wise dssolvea vonformable to law.
1t shall have power to sue and be
sued by its corporate name in any
court Of competent jurisdiction; to ac-
quire property by grant, gift, purchase
and to devise or bequest; to lease,
hold and dispose of, and to mortgage
and to pledge the same, all subject to
such restrictions as may be prescribed
by law. TO make and use a common
seal and to alter the same at pleasure.
To appoint such officers and agents |
and to engage such employees as the |
business Of the corporation may re-
quire, and to fix their compensation,
having due regard to the nature, char
acter and value of their services.
To make bylaws not inconsistent |
with any existing law, fixing or alter
Ing the management Of its property,
the regulation and government of its
affairs and the manner of certifcatiOn
and registration Of its stock.
TO wind up and dissolve itself Or
be wound up and dissolved in the man
ncr prescribed by law. 1t shall have
power to do and perform any and all
acts necessary and requisite to said
business, said acts being consistent
with existing laws pertaining there.
to.
ALllclt VII.
The affairs Of this corporation shall
be under the control of and manag-
ed by Board Of five Directors, which
said board shall be elected by and
from the stockholders at the first an
nual meeting. Of the stockholders.
which shall be held on the second Mon
day in January of each year, begin
ming with the year 1922. The follow
inN stockholders shall constitute the
4 Board Of Directors: Z. W. Mer-
l.. W. Baker, J. II. Houck. NJ. NJ.
8, H. A. Sherman, all residents of
Hand, Louisiana, who shall hold
Glide until their successors are elect.
I'd and qualified i
Article VIII.
The officers Of this corporation shall $
)e President, Vice-President and
secretary-Treasurer. They shall be
elected annually on the second Monday {
II January. If each vnor hog;nn;nr !