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

provision Of the laws Of the State
Of Louisiana relative to the organiza
ton Of corporations, and especially of
Act No. 267 of the General Assembly
Of 1914, they do hereby organize them
selves. as well as such other persons
as may hereafter be associated With
them, into corporation under tn
following provisions, to-wit:
ARTICLE 2.
(a) the name of this corporation
shall be the Arcadia Motor Co., Inc
(b) the object and purpose of thj
corporation shall be h buy and sell
build and rebuild, and repair auto
mobiles, automobile trucks, motor
cycles and motor vehicles of all kinds
(bOth new and SecOnd-hand) and al
their parts and accessories, also gaso.
line engiIHs of all kinds and all lhei
parts am accessories, to buy and sci
gasoline and oils, and anything else
whatsoever used with or needed 70
automobiles and motor trucks and
gasoline engines or Ofher motor We.
hicles; also r repair aid reconstruc
same, and TT 10 a general sale, +
pair and garage business, to operat
motor cars and trucks for hire and
generally to do any and eyerythin,
necessary and appurtenant, to the
| buying, selling, repairing. building
and rebuilding, and operation Of mo-
tor cars and trucks.
(c) The capital stock Of this cor
poration shall be Twenty-Five Thous
and Dollars, ($?5,OOO.OO) all of which
has been already subscribed and paid
for.
(O The capital stock Of this cor
poratiOn may be increased to One
Hundred Thousand Dollars (s1AO,OOO.
wy by complying with the m.. Visions
of section six of Act No. 2G7 of 1914
(e) Said capital stock is divided
into Two Hundred and Fifty (25O)
shares Of the par value of One Hun
dred Dollars ($1OO00) per share.
(f) The dOmicile of said corpora
ton shall be the Town of Arcadia
in Bienville Parish, Louisiana and all
directors and stockholders meetings
shall be held at the office the corpora
ton if Arcadia, Louisiana, excep,
that by and with the consent of al
the directors, said directors meetings
may be held elsewhere.
(g) This corporation shall have
and enjoy succession for a period OF
Ninety-Nine (99) Years. from an(
after the date hereof, unless sooner
dissolved according to law.
(h) The affairs Of this corpora
ton shall be vested in and exercised
by a Board Of Directors, to be com
posed of not less than three 81 MOI
more than five (5) stockholders
elected annually.
The board of directors for the first
year or until their successors arc
elected and have qualified, shall be
the following:
r. Ernest Smith, of Minden, Web
ster Parish, Louisiana.
]. G. Roberts, Of Shreveport, Cad
do Parish, Louisiana.
Joseph Wipkler, Of Arcadia, IN
Bienville Parish, Louisiana.
The officers of this corporation shall
be a President and General Manager
Vice-President; Secretary and Treas.
urer and Assistant General Manager
together with such other Offices as
the board Of directors may fom time
to time see fit and proper to select
The officers for the first year, OF
until their successors have been elect
ed and qualified shall be, R. E. Smith
president and general manager; Jo
seph Winkler, vice-president; J. c.
Roberts, secretary-treasurer and as
sistant general manager.
ARICLE 3,
The first annual meeting of the
stockholders Of this corporation shall