The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-07-07
Article VII.

day in January Of each year, begin
! ming with the year 1929. The follow
ing stockholders shall constitute the
first Board of Directors: E. W. Mer-
rift, l.. W. Baker, J. H. Houck, NJ. NJ.
Press, II. A. Sherman, all residents of
Gibsland, Louisiana, who shall hold
office until their successors are elect
ed and qualified.
Article VIII.
! The officers Of this corporation shall
be a President, Vice-President and
secretary-Treasurer. They shall be
elected annually on the second Monday
in January, of each year, beginning
with the year 1922, by the Board of
Directors, elected by the stockholders
on the same day, which said Board
on election shall Immediately organize
and proceed to the election of officers,
The first officers Of this corporation
shall be as follows: d. w. Merritt,
president; L. W. Baker, vice president;
j.. II. Houck, Secretary-Treasurer, who
shall hold office until their successors
are elected and qualified according to
law as hereinbefOre provided.
Article TX.
Meetings Of the stockholders and
Board of Directors shall be held as
OFTEN as the needs of the business NAV
require, and shall be held at the office
OF the corporation, which said meetings
snail be called in the following man
her: For stockholders meetings
written notice shall be mailed to each
stakeholder at his last postoffice adj
dress or if address is not known, then
to the address shown in the charter.
at least fifteen days before meeting is
held' For meetings Of Board of Di-
rectors, written notice shall be giyer
TO each member at least twenty.four
hours before said meeting is held, pro-
Vlaed that no such notice shall be re-
CURED where a meeting is adjourned
10 given day, and provided further
tlat by consent Of the directors, notice
OF directors meetings may be waiv- |
ed. wa"
Article X.
NO stakeholder in this CORPORATION
snail be liable or responsible for thn |
contracts Or faults thereof in any |
further sum than the unpaid balance |
on MS subscription to the CAPITAL |
STOCK nor shall any informality in thp
formation of this corporation have the ,
ellect or annuling its charter, nor shall
any stakeholder be liable thereby for
any obligation Or fault of this CORPORA.
''oll except as provided by law.
Article XII.
Each stakeholder shall Of every
meetings be entitled to one
vote in person or by written proxy l.
lor each share Of stock held by him
OF ne may send his vote by letter nro.
V'dcd the signature to which shall no
before an officer legally
lo"''l'ed TO take acknowledgements
Article XII.
All certificates shall be signed by the
or vice-president and secre.
AIRY. No stock shall be sold n
, sira person until after same has been
'uered to the corporation or to stock.
loider therein and refused at the Same
'rlce offered by such third person
>o transfer Of stock shall be binding
'llless made on the books of the cor'
upon surrender Of certificate
certificates to be transferred
mus done, read and signed on tbe
ay and date first above written IN
ne presence Of s. NJ. Oden and W
.. Nhlshton' legal and competent wit.
esses' and me Notary, before whom
'e parties to this act have affixed
le'r If, signatures and have subscribed
;. stockholders and incorporators in
lie corporation the amounts and n,,r ~
II Oh shares set opposite their resnert.
e VI names 'sa9, which they declare thew
I'VE PAID Tor in conformity to law:
e. ". Merritt, 5 shares, $4,000
L. l ), ". Baker, shares, $4,000
r. ,; H. Houck, 8 shares. $4,000
I, H. "A. Sherman, 3 shares, s3O000
M. NJ. Press, 2 shares SoOO M
"A 3D. D. hortman, share, $4,000.
~ broadwell, I share, $1,000
D.. a, Berry 2 shares, $4,000.
rat ! Abraham, l share, $4,000
y +: Colbert, share, $4,000
, y. q. Michael, l share, $4,000
y, n. Mamie, 2 shares $4,000
" W. ". Colbert, share, s s0pO'
W. H. Day, ! share, $4,000 '''
T. = T. n Reed, 2 shares, $4,000.
Z. C. Bolin, l share, $1,000
, :, 4 Abney, 2 shares, $4,000
!, H. Dunn, l share, $4,000
T. :; L. Colon, l share, $4,000
'lD p Abraham, l share, $4,000
n T' l snare, $1,000.
. I. Jones. l share, $4,000
os . u; knlshton, 1 share, $4,000.
. 4 4 hnam !, | share, $4,000
! = ~ bridge BRIDGES l share, $4,000
: y. Crews, l share, $1,000.
NJ y Rankin. share, $4,000 1
: + Avinger, l share, $4,000. I