The Bienville Democrat., 1922-05-11

The name OF this company shall be
Woodard & Company, incorporated.
ARTICLE II.
Object and Purpose
The object and purpose for which
this Corporation is formed is to car.
ry on General Merchandise or Mer
camille business and to purchase, sell
and deal in such goods, supplies and
merchandise as are or may be sold in
a general store and in general to dc
each and everything and incidental
thereto.
ARTICLE III.
Capital Stock
The capital stock Of this corpora
tion is fixed at Five Thousand and
no hundredths dollars ($5,OO0.0O) di
vided into one hundred shares Of tn,
par value of fifty dollars ($5O.OO)
per share, The entire capital stOcl
shall be common stock.
ARTICLE ".
Increase
The capital stock Of this company
may be increased to Ten Thousand
Dollars ($10,OOOO0) in the manner
ARTICLE
DOmieile
The domicile Of this corporation
shall be in the town Of RinggOld,
Louisiana, where all meetings of tn
stockholders and directors must be
held, however, with the written con
sent Of all directors valid meetings o,
the directors may be held outside 0
the State or within the State else
where than its domicile.
ARTICLE vi.
Directors
The affairs of this corporation shal
be conducted by a board of director:
Of not less than three or more tina,
five stockholders to be elected at a.
annual meeting Of the stockholders Oh
the first Tuesday Of February Of
each year beginning with the frs
Tuesday of February 1923 who shall
hold office for one year or until theil
successors are elected and qualify
Any vacancy occurring on the board
Of directors in the interval shall b.
filed by the remaining directors unit
the annual election on the first Of
February, 1923. The following shal
constitute the Board Of Directors Of
corporation:
W. T. Woodland, Ringgold, La.
A. E. Woodland, Ringgold, La.
R. R. Smith, Ringgold, La.
The officers Of this corporation snail
be a president, vice.president, secre
tary and treasure and shall be elect
ed annually by the electors and tn
officers for the first year shall be R
r., Smith, president; J. H. Stevens
vice-president; A. E. Woodland, sec
retary, and w. T. Woodland, treas
urer.
! ARTICLE VII.
! Corporate Powers
The corporate powers Of this Col
poration are hereby vested in Its boar
Of directors, the said board for tn
first ensuing year being herein nam
ed, the majority Of whom shall cor
stitute quorum for the TRANSACTION
Of business, and the said board shal
have the authority and power to su
and to be sued in the name OF sal
corporation and to appoint such Of
ficers and agents and to engage sue
employees as the business Of this col
poration may require and to fix thei
compensation, having due regard to tn
nature and character Of their sevice
and shall further have the power
make bylaws not inconsistent wit
any existing laws Of this State, fxin
and altering the management OF !,
property and regulation and govern
ment Of its affairs, and the name, ce
I tification and registration OF Its stocl
I and shall further have power to win
up and dissolve said corporation
: the manner prescribed by law, an
shall have all other powers as ma
b namd or be permissible under A
967 of the General Assembly Of Loui
] lana at its session Of 1914.
j ARTICLE VIII.
e Voting Power
Il Each share Of stock In this corpor
ton shall be entitled to one vote
all meetings Of the stockholders to
cas-, in person or by proxy, provide
that all proxies shall be in writin
9 the stockholders shall be notified
= writing ten days prior to said stoc
!. holders meeting by letter addressed
! !, them at their last known postofice q
!. DRESS or by notice published In q
= newspaper In the Parish Of Bienvil
at least ten days before said met
4 ing,
= = ARTICLE TX.
- Liability
- No stockholder In this corporate
: shall be liable or responsible for t
!, contracts or faults thereof In al
- 20 further sum than the unpaid balar
= due on subscription Of the capt.
- stock, and no formalities in the
no ganization shall have the effect
d rendering this charter null or OF
o posing the stockholders beyond t
ID | amount Of their respective subscr
he tion to the capital stock.
or In testimony whereof the part
hereto have signed this instrument
At the presence Of the undersigned CO
nd petent witnesses on this the 10Th q
Of April, 1922.
a R. R. SMITH,
W. T. WOODARD,
a ]. H. STEVENS,
% A. q. WOODARD
20 H. G. COOK,
]. F.. COMFY.
8. P. STEWART,
Notary Public
State Of Louisiana, Parish OF Bi
vile.
Rofnro mo the undersigned auth