The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-06-23

especially Of Act 267 of the Genera
Assembly Of Louisiana, Session OF
1911, relating to the formation. organ
iZati0n. establishment. operation ant
management Of corporations, they &c
by this act and by these present form
themselves and such other persons as
may associate themselves with then
OF succeed them. into corporation
ilndrr 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 when
this corporation is formed is to man
ufa"lurr and supply gas or electric
lights. power and traction; to con
Strnct and maintain lines for the diS-
'riIuiim Of electric current; to lay
pipe lines to convey natural or artl-
fetal cas- 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, ana
10 Ito any and all things necessary
complementary and incidental to the
purposes herein stated.
Article Ill.
The ,Hpital stock Of this corporation
shall be TEN THOUSAND DOLLARS
,Slc 10000 divided into and repre-
scented by ONE HUNDRED SHARES,
(IOO) of common stock. Of the par
value Of one Hundred ($lO0O0) dol
lars per SHARE and the corporation
shall begin business when fifty shares
are subscribed and paid for in con-
formty with law.
Article ".
This corporation shall have author
ily to increase its capital stock not to
exceed Twenty-Five Thousand Dol
lars ($25,00O00O.
Article Y.
The domicilc of this corporation
shall be GibSIand, Bienville Parish,
Louisiana. at which place all meetings
of the shareholders and Board of Di-
rcctorS 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
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 ninety-nine (99) years from
date Of its formation unless other
wise dissolved conformable to law.
1t shall have power to sue and be
sued by its corporate name in any
court Of competent Jurisdictions to ac-
quirc 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. 10 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-
qnire, and to fix their compensation,
having due regard to the nature, char.
actcr 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 it's stock.
10 wind up and dissolve itself or
De wound up and dissolved in the man
ner 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