The Bienville Democrat., 1922-05-04
CHARTER
Anders-M Madden, Inc.

me T. l. Williams, a Notary lo''l''
~ osd for said Parish, duly romInjS
.;oand 4nd Sworn. came and appear
81 : G. Andpr&, r, II. Madden anu
:, F. Dhlrv. all residents OF Ar'aoi"
rirnvillc Parish, Louisiana, who or
r,,~cd fiat. ayaiIing themselves "
~. uroyiSionS Of the Constitution ~"
laws e tbp state Of Louisiana lN'H
hovo this day formed and ron>tI!0i,
OIL themselves, as well as Snrh "'"''
apryops as may hereafter become ">
sociated with them into a corpoFa'''''
and have adopted and "F4A"''n H.
thpir charter and act of Ih'"rpo'' d
ion. he following:
I.
,rbp name and title Of TINS corp'rH'
tnu shall be "ANl'ERS-MAl'l''''''
INCORPORATED.'
The object and purpose for W''l,H
this corporation is organized ana the
nature Of business to be carried on nH
# Is hereby declared to be a ."f'N,
ERAL RETAIL MERCANTILE aln I,
CENTS FURNISHING BUSINESS
t3 buy and sell all kinds OF mefcllall-
djsn drv goods aud clothing ami t.
huy rcnt or lease such buildings ailo
ground as may be necessary to 'hahI'
if to carry out the object and purpose
for which it is organized.
The dOmiciIc Of this c0rporatloE
shall be in the town Of Arcadia' bieh'
vile Parish. Louisiana. at which pIA"
all service or process shall be mAdc
on il.
The capital stock Of this corpora
tion shah be Ten Thousand Dollars,
($l0,0O0.0W. divided into aud repre-
Sented By one hundred (1OO) shares
of the par value Of One Hundred Dol
lars t$1OOOO) per share, and it shall |
commence business when Six Thousand |
Dollars, t$6.00000) of said capita
stock is subscribed and paid for ii |
cash.
This corporation shall carry on its
business under its corporate name for
Il period Of fifty tj0) years unless
sooner dissolved. 1t shall have the
power to. make and use corporate
seal and to change or alter same At
will 1t shall have the power to sue
and be sued aud to do and perform all
acts necessary to carry on its business
as herein set forth.
VI.
Thi corporation shall have the
authority to change and alter this
charter as it may deem necessary and
to increase the capital stock t,
Twenty-Five Thousand ($25.0OO.OO)
Dollars, by complying with the pro
visions Of the law.
o.. VII.
The affairs Of this corporation shall
he under the control and management
OF board OF directors, which shall
not be less than three in number ant
be elected by and from among the
stockholders at its annual meeting of
which shall be held on
the first Monday of May of each year
The first board Of directors shall con
sist of 8. G. Anders, Il. II. Madden
lnd L. r. Ozley, all of Arcadia, Louis
ANA, who shall hold office until their
successors are elected.
VII.
The officers of this corporation shall
,e a President. Vice-President, q
secretary-Treasurer They shall be
'lected annually, beginning with the
ear 1923 on the date the board of
iirectOrs are elected.
TX.
The Fice-President, Secretary and
Treasurer of this corporation NAV be ,
He'd by the same person. The frst ,
fficers OF this corporation shall be r /
I. Madden. President; s. G. Anders
'ice-President and Secretary.Treas. 6
rer and shall hold office urtil their c
hccessors are elected. I
X.
Any vacancy occurring in any of
&c or this corporation shall be filled ;
y the Board Of Directors, either at S
regular meeting or at a meeting call. &
D for that purpose. .< .
XII.
No infOrmality in the formation Of
lis corporation shall have the effect
annulling this charter, nor shall t,
ny stakeholder ever be held liable. fo, -
ny obllgation or fault of the corpor :,
lion, le
NIL. g
All stock certificates shall be signed Al
the President and Secretary. All n
ansfers OF stock shall be made on the
'oks OF the corporation only on sur.
'nder of the cefjicate to be trans.
rred and no oAer transfer will be D,
nding on the corporation. "a
XIII. -
In the event Of dissolution of this a. "
poration, either by Limitation or tn
herwise, Its affairs shall be liuuidat in
by liquidator selected by the II,
0cKholders at general stockhold
) meeting, legally called for that
rpOSe.
NV.
Meetings Of the stockholders and col
the board of directors shall be held do,
the offlce OF the corporation as often be,
the needs OF the business NAV rp IT.,
Ire, provided that written notice -, v
III De mailed to each stakeholder at "a, !,
st hfteen days before said meeting Jol
90 be held for meeting of the stock. Lo'
ders, and for meetings of the board
directors, written notice shall be
en- to each member at least "a
ars before said meeting is held; pro =,
Ell that by consent of the board Sta
notice may be waived and thr V
"a may have its meeting whenever P
% desires ~ Ord
! nus s; o0he' executed and signed at Boa
adla, Louisiana. on tho do a, Lon