The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-06-30

| held on the SECOND MOlludy Ill ApAA
of each year, beginning with the year
1922. The following stockholders snail
compose the first board of directors, TO-
wit:
J. E. Reynolds, B. r. Felts, W: D.
Golf. Fred w. Pentec0st, Il. u. SINS
Bertram f. Barnette, D. b. Brown
G. L. Shields, C. r. Heard, W. T.
Movers and G. A. Adams, who snail
hold office and compose said board un'
I'll their successors are elected.
Article V.
The officers of this corporation shall
he President, First Vice-Pres'dent
Second Vice-president Third wee
President, a Secretary and Treasurer
The Secretary 1nay also hold the OF
flee Of Treasurer. They shall be elect
cd annually on the Second Monday II
April of each year, beginning with tlt
| year 1922 by the Board of Director:
! elected on said day by the stockhoId
| crs which board shall Immediately or
yanize and elect said officers.
| The first officers Of this corporation
| shall be ]. +. Reynolds, president; d
| R Felts first vice.president; W. u
| Goff second yice-president and Free
! W. Pentecost, third vice-president, an
| R. y. Sims, secretary and treasurer
| who shall hold said offices until thel
| successors are elected as herelna1te
| proyidcl and according to law.
| Article VI.
| Meetings Of the stockholders anu III
| hoard Of directors may be held as oftc
rs the needs Of the business may II
| ouire provided that for stockholdei
meetings, written notice shall be maj
oil TO each stakeholder, at his last Kow
most office address or that shown by u
charter, at least fifteen days De1o1
said meeting is held, and for meetills
If the Board of Directors, write
notice shall be given to each memD'
at least twenty-four hours before So
| meeting is held; provided that by co
sent of the Board, this notice may
waived. ,,,r
Article VII.
No ipformalty in the formation
this couOratiOn shall have the elle
of annuling this charter, nor al
stakeholder ever held liable for a
obligation or fault Of the corporate
except as provided by law. All sto
certificates shall be signed by I
president or vice-president and sec
tary, No stock Of this corporate
shall be sold to a third party, ull
same has been offered to the corpo
tiop or a stakeholder therein and
fused at the same price offered by 81
third person. All transfers snail
made on the books Of the COrporatl
on the surrender Of the certificate
certificates to be transferred BET
any transfer is binding on the corpo
ton. ,,,,r
Article VIII.
Whenever this corporation is dlss(
ed by limitation or otherwise, It's
= fairs and obligations shall be settled
If. liquidator, selected in accorda
with law who shall give BOND II
sum of not less than One-half OF
wa appraised value Of the properly ol
o. corporation.
Its This done, read, passed and slg1
,sts. at my office in the Parish OF BlenV
in the presence Of Elgyn Hlghto
e. and L. S. Caskey, legal and compe
IT, witnesses and me, Notary, before WI
these appearers have signed t
names and set their hands as III
norators and stockholders in this
poration, giving their post ofhce
dress, subscribing for the number
shares and amount Of Capital Stock
'ien- opposite their names which they
clared they have paid for IN cash
that in accordance with law on the DAY
. D., data first above written:
'tary y povuo1ds Arcadia, La,
''ale' shares, 100000.
~ D. Z. Brown, Jr., Arcadia, La
,cost shares, $4,000. =.
- W. u Bertram f. Barnette, Arcadia,
y, % shares $1,25O.OO.
, Suis' W. D. Golf, Arcadia, La, 20 sh
dams $125OOO.
'ia Fred W. pentecost, Arcadia, La
legal shares, $1,25OW. ,
pclor. r. D. Sims, Arcadia. La, 20 81
them- $1,25O.0O.
au wy Of J. W. Sherard, Arcadia, Ii
~ the shares, $4,000. -,
H,ish, B. Felts, Arcadia, La, lo4 81
.ation $4,000. -,
a ,"'' NV J. r. Butler, Arcadia, La, 81
tbom. $4,000.
, 'n mnr f. ]. Robertson, Arcadia, l.
, s,,c shares, $4,000.
,,n sur Dallas Robertson, Arcadia,
\ ' nnr. shares, $4,000. =,
p sn, W, G. Thomas, Arcadia, L
'A' shares, $4,000.
W. J. Fuller. Arcadia, La, 2 $
$4,000.
shall II. Jordan, Arcadia, La, 2 8
COR $4,000.
in the J. A. Bryan, Arcadia, La, q
Parish, $4,000.
Of the L. E. Ozley, Arcadia, La, 2 s
where $4,000.
must Dave Hoffman, Arcadia, /
cor shares, $4,000.
N en- W. H. Williams Arcadia,
ONE shares, $4,000.
er dis Louis X. Crosby, Arcadia,
other shares, $4,000.
. serv- Jack Davis, Arcadia, La. l
osence' $4,000.
IN tne B. T. Ferguson, Arcadia,
mpany. -, o-, A,oo,,o ia I
$4,000.
Drpora- w A1cock Arcadia. La, /
T. ne. 'a $4,000 .
Vn and ]. G. Ratcliff, Arcadia, La, 2
III min e,0o M
inds Of Walton Hiphtower. Arcadia,
nd own shoro $1,000
d oper- r A Brewer Arcadia, La,
lcQuire, s,0 M
d tank Rert Davis. Arcadia, La, 2
trans. $4,000.
neralS; Ioo Watson, Arcadia, I share,