The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-01-20
Object and Purpose


ARTICLE II.
Object and Purpose
The object and purpose for which
this corporation is organized IS to con-
struct, maintain and operate a tele-
phone plant in the town OF Rlnggold'
Louisiana with connecting lines to
other points.
ARTICLE III.
Capital Stock
The capital stock Of this corporation
shall be fixed at the sum OF Five
Thousand Dollars, ($5,0OO.0O)) divld,
cd into one hundred shares Of the par
value Of fifty dollars per share, all OF
which has been subscribed and paid
for before the publication Of these
articles of Incorporation, as follows:
e. e. Franklin, 10 Shares, S5Oo'0O;
O. G. Thomas, 6 shares, $4,000; i.
B. Cook. s shares, $4,000; G. E
Tonne, 6 shares, 100000: Il. F. Whit
ton, S shares, $4,000; W. B. Albums,
4 shares, $4,000; Mrs. s. NJ. TONNE,
4 shares, $4,000; G. G. Albums, 4
shares, $4,000; Wimberly & Albums
4 shares, $4,000; s. P. Stewatr, 3
4 shares, $4,000; s. P. Stewart, 3
snares, $4,000; F. F. Wim'erly, 2
shares, $4,000; L. G. Higgins, 2
shares, $4,000; Fl. E. Page, 2 shares,
$4,000; L. A. Hess, 2 shares, $4,000;
Fl. P. Meachum, 2 shares, $4,000; d.
W. Davis, 2 shares, $4,000; r. r.
Smith, 2 shares, $4,000; G. 0. Thomas,
9 shares, $4,000; S. NJ, TONNE. 2
shares, $4,000: T. B. Page, 2 shares,
$4,000; p. A. Tooke, 2 shares, $4,000
G. A. Thomas, 2 shares, $4,000; j.
G. Graves, 2 shares, $4,000; L. G..
Page, 2 shares, $4,000; Pagt-Grave'
Co., 2 shares, $4,000; ]. NJ. Hill, 2
shares $4,000; G. Fl. Scott, I shares,
$4,000; ]. H. COrley, share, 5000
Katz Albums, 1 share, $1,000: J. II
Stevens. I share, $1,000; J. J. Cook,
Jr., / share, $1,000; f. G. Cook, ]
share, $1,000: II. B. Scott, l share
5000; p. G. Williams l share, 5000;
B. F. Albums, 1 share, 5000; Tom
G. Perry, 1 share, $4,000; Fl. G. Cook,
share, $4,000; Jas. r. Reagan, ]
share, $4,000; R. W. Lawson, / share
5000. Total 100000.
The entire capital stock shall be
common stock and there shall be no
preferred stock.
ARTICLE ".
Increase
The capital stock of this corporation
may be increased hereafter to Ten
Thousand Dollars, ($10OOOOO).
ARTICLE V.
DOmiciIe
The dOmicile of this corporation
shall be in the town of RinggOld, La
where all meetings of the stockholders
and directors must be held, provided
however, with the written consent OF
all directors, valid meetings Of the
directors may be held outside Of the
State or within the State elsewhere
than its domiciles
ARTICLE VI.
Directors
The affairs of this corporation shat
be conducted by seven directors, an'
the names Of those selected for the
first year, or until their successors arc
elected and qualified are as follows
G. e. TONNE, E. q. Franklin, s. 2
Stewart, F. F. Wimberly, L. B. Cook
r. R. Smith and g. F. Wilton, all
residence Of Ringgold, Bienville Par
ish, Louisiana.
The executive officers OF this cor.
DOratiOn shall be president and /,
secretary treasurer, who shall be elect
ed annually by the directors. and the
officers for the first year shall be g.
e. TONNE, president; r. r. Smith
secretary and treasurer.
ARTICLE VII.
Corporate Powers
The corporate powers Of this corpor-
alton are hereby vested in its board
Of Directors, the said board for the
first ensuing year being herein above
named, the majority Of whom shall
constitute quorum for the transac-
ton Of business. The said board shall
be eelcted annually at the annual meet
ing Of the stockholders Of said corpor-
alton, which said meeting shall be held
on the first Monday Of August Of each
year beginning with the year, 1921,
and the said board shall have the au-
thOrity and power to sue and to be
sued in the name Of said corporation
and to appoint such officers and agents
and to engage such employees as the
business Of this corporation may re-
quire and to fix their compensation,
having due regard to the nature and
character Of their services, and shall
further have the power to make by
laws not inconsistent with any existing
laws OF this State, fixing and altering
the management Of Its property and
regulation and government Of its af
fairs, and the name certifcatiOn and
registration Of its stock, and shall fur
Their have power to wind up and dis.
solve said corporation in the manner
prescribed BY law, and shall have, all
other powers as may be named or be-
permissible under Act PSI Of the Gen
Aral Assembly Of Louisiana, at its SEES
don Of 1914.
ARTICLE VIII.
Voting Power.
Each share Of stock In this corpora.
k3ns, shaft H.