The Bienville Democrat., 1922-05-25
for which it is organized.
TT

for which it is organized.
III
The domicile of this corporation
shall be in the town of Arcadia, Blen'
vile Parish, Louisiana, at when place
all service or process shall be mace
on it.
The capital stock Of this corpora
ton shall be Ten Thousand Dollars
(S1O, ,OOO.OOD, divided into and repre-
sented by one hundred (1OO) shares
of the par value of One Hundred Do,,
lars ($1OO.OO) per share, and 1t snail
commence business when Six Thousand
Dollars, (SGOOO.OO) of said capltaI
stock is subscribed and paid tOr III
cash.
This corporation shall carry on IT'S
business under its corporate name loi
a period Of fifty (5O) years uhless tsss
sooner dissolved 1t shall have the
mower to make and use a corporate
seal and to change or alter sa"e a.
WILL It shall have the power to sue
and be sued and to do and perform all
acts necessary to carry on It's pusl''es'
as herein set forth:
VI.
Thi corporation shall nave tie
authority to change and AFTER tnls
charter as it may deem necessary anu
70 increase the capital stock odt TO
twenty-five Thousand $2o'ooo'W|
Dollars, by complying with the pro-
visions of the law.
VII.
The affairs Of this corporation snail
be- under the control and management,
of a board Of directors, when slal,
not be- less than three in number ana
be elected by and from among tne
stockholders at its annual meeting VI
stockholders, which shall be held Oh
the first Monday Of May of each year
The first board of directors shall con-
sist of s. G. Anders. r. II. MADDEN
and L. T.. Ozley, all Of Arcadia, LOUIS
lana, who shall hold office until thelf
successors are elected
VIII.
The officers of this corporation snail
ho prpsidpnt. Vice-PreSident a
Secretary-Treasurer. They shall be
elected annually, beginning with the
wear 1923 on the date the board OF
directors are elected.
TX.
The Vice.President, Secretary and
Treasurer of this corporation may be
filled by the same person. The nrs'
officers of this corporation shall be Il
II. Madden, President; s. G. Anders
yice-President and Secretary-Treas-
urer and shall hold office Until their
successors are elected.
X.
ANY vacancy occurring in any Of:
flee of this corporation shall be filled
BY the Board Of Directors, either at
a regular meeting or at a meeting call
ed for that purpose.
XI.
No informality in the formation OF
| this corporation shall have the effect
| of annulling this charter, nor shall
| any stockbolder ever be held liable Tor
| any obligation or fault of the corpor
alton.
XII.
All stock certificates shall be signed
| by the President and Secretary. All
transfers of stock shall be made on the
| books of the corporation only on sur
| render of the certificate to be trans
ferred and no other transfer will be
binding on the corporation.
XIII.
In the event Of dissolution OF this
coporation, either by limitation OF
otherwise, its affairs shall be liquidat'
| ed by a liquidator selected by the
| stockholders at a general stockhold'
ers meeting, legally called for tha'
purpose.
Meetings Of the stockholders and
| Of the board of directors shall be held
at the office of the corporation as often
as the needs Of the business may re-
uuire, provided that written notice
shall be mailed to each stockohlder al
least fifteen days before said meeting
! is to be held for meeting Of the stock
holders, and for meetings Of the board
Of directors, written notice shall be
given to each member at least "a
hours before said meeting is held; pro
vided that by consent OF the boarc
this notice may be waived and the
board may have its meeting whenever
it so desires.
J Thus done, executed and signed al
,Arcadia, Louisiana, on the day ant
date first above written.
r. H. Madden, Arcadia, Louisiana
| 20 shares, 100000.
| s. G. Anders, Arcadia, Louisiana
by r. H. Madden, 20 shares, 100000
T. n Ozlnv Arcadia. TOniSiana. q