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

erS, which board shall Immediately Or
ganize and elect said officers.
The first officers of this corporation
shall be J. f. Reynolds, president; B.
r. Felts. first yice-prcsident; W. d.
Golf, second yice-president and Fred
". pcntccoSt, third yicc-president, and
I K. u. Sims, secretary and treasurer.
who shall hold said Offices until their
successors are elected as hereinafter
provided and according to law.
Article VI.
Meetings Of the stockholders and the
board Of directors may be held as often
as the needs Of the business may re-
qUirc. provided that for stockholders
meetings, written notice shall be mail
od to each stakeholder, at his last kOwl
post Office address or that shown by the
charter, at least fifteen days before
said meeting is held, and for meetings
Of the Board of Directors, written
notice shall he given to each member
at least twenty-fOur hours before said
meeting is held provided that by con
sent Of the Board, this notice may be
waived.
Article VII.
No informality in the formation of
this corporation shall have the effect
Of annulliny this charter, nor any
stakeholder ever held liable for any
obligation or fault of the corporation
except as provided by law. All stock
certificates shall be signed by the
president or vicc-president and sccrc.
tary No stock of this corporation
shah be sold to a third party, until
same has been offered to the corpora
lion or a stakeholder therein and re-
fused at the same price offered by such
third person. All transfers shall be
made on the books of the Corporation
on the surrender of the certificate or
certificates to be transferred before
any transfer is binding on the corpora
ton.
Article VIII.
| Whenever this corporation is disS0lv-
cd by limitation or otherwise. its at
fairs and obligations shall be settled by
Il Iiquidator, selected in accordance
with law who shall give bond in a
sum of not less than Ole-half OF the
appraised value Of the property of the
corporation.
This done, read, passed and signed,
at my office i'll the Parish of Bienvlle,
in the presence Of Elgyn llightowcr
and l.. s. CaSkcy, legal and competent
witnesses and NE, Notary, before whom
these apprarcrs have signed their
names and set their hands as incOr-
polatorS and stockholders in this cor
portion, giving their post office all
dress, subscribing for the number of
shares and amount of Capital Stock SET
opposite their names which they de-
clarcd they have paid for in cash and
in accordance with law on the day and
date first above written:
J. Il. Reynolds, Arcadia, La, 20
shares, 100000. fM
d. +. Brown, Jr" Arcadia, La, 10
shares, $4,000.
Brrtram +. Barncttc, Arcadia, La,
- shares $l.25OOO.
W. u. Golf, Arcadia, La, - shares
| $4,000.
Fred W. Pentecost, Arcadia, La, %
shares, $l,25OOO.
Il. ID. Sims, Arcadia. La, % shares,
| %t,2j0.00..
J. W. Sherard Arcadia, La, 4
shares, $4,000.
i. r. Fclts, Arcadia, La., 1o4 shares,
$4,000.
!. r. Butler, Arcadia, La, 4 shares,
$4,000.
f. J. Robertson, Arcadia, La, 2
shares, $4,000
Dallas Robertson, Arcadia, La. .
shares, $4,000.
W. G. Thomas, Arcadia, La., 4
shares, $4,000.
W. J. Fuller, Arcadia, La, 2 shares,
$4,000.
II. Jordan, Arcadia, La, 2 shares,
$4,000.
]. A. Bryan, Arcadia, La, 6 shares,
$4,000.
i. f. Ozley, Arcadia, La, 2 shares,
$4,000.
Dave Hoffman, Arcadia, La, 4
shares, $4,000.
W. II. Williams, Arcadia, La, 2
shares, $4,000
Louis X. Crosby, Arcadia, La, 2
shares, $4,000.
Jack Davis, Arcadia, La. 1 share,
5000.
B. Y. Ferguson, Arcadia, La, I
share, 5000.
r. W. Ozley, Arcadia, La, | share
$4,000.
W. s. Adcock, Arcadia, La, I share
5000.
J. G. Ratcliff, Arcadia, La, 2 shares
. $4,000.
7 FELTON, Hishtower, Arcadia, La, !
share, 5000.
B. A. Brewer, Arcadia, La, l share
5000.
Bert Davis, Arcadia, La, 2 shares
$4,000.
; Joe Watson, Arcadia, 1 share, $1,000
r. 0. Sutton, Arcadia, La, 2 shares
, $4,000.
: W. y. Marlborough, Arcadia, La,
share, 5000.
Joseph Dawidoff, Arcadia, La,
shares, $4,000.
j. c. Roberts, Arcadia, La, 4 shares
100000.
J. S. McConathy, Arcadia, La,
, shares, $4,000.
W. l.. Atkins, Arcadia, La, l share
$1,000.
NJ. II. White. Jr, Arcadia, La,
T. share, $1,000.
Mrs. J. W. Sherard, Arcadia, La,
, shares. $4,000.
: +. II. Fisher, Arcadia, La, 2 shares
$4,000.
s. J. Mcclure, Arcadia, La, 1 shar
$1,000