The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1922-03-30
CHARTER
Nix, Bailiff & Boyett Company, LII
cOrpOrated


vile.
BE 1T KNOWN AND REMEM-
BERED; That on this the l7th day
of March, 1922, before me, David o.
Spinks, a Notary Public in and Tor
Bienyille Parish, Louisiana, duly com
missioned and sworn, came and ap'
peared r. r. Nix, G. L. Bailiff, W. b.
Bailiff, V. H. BOyett and ii. I. NIX
all residents Of Bienville PARISH
Louisiana, who in the presence or the
attesting legal and competent VIII,
nesses. declared to me, Notay, that
availing themselves Of the provisions
Of the laws of the State Of louisiana
relative to the formation, organization,
and establishment of corporations ana
operation and management Of same
they do by this act and these presents
form themselves and such other per-
sons as may associate themselves win
them. or succeed them into a corpora
ton. under the name and for the pur'
poses hereinafter setforth in the varl'
GUS articles:
ARTICLE I.
The name of this Cooperation shall
no NIX, BAILIFF & BOYETT COM
PANY, INCORPORATED, in and
under which name shall sue and De
sued, carry on its business and do and
perform all acts necessary in carry
Ing out the provisions Of this Charter,
and such other acts as are, or may De
authorized by law and shall have sue
cession for a period OF ninety'nlne
(9)) years from date hereof, unless
sooner dissolved in accordance with
law.
ARTICLE II.
The object of this corporation, and
the purpose for which 1t is formed are
declared to be, to carry on a general
mercantile business and to buy, hold
lease, and sell real, personal and mix
ed property and to do and perform
all acts necessary and incidental tt
such business.
ARTICLE III.
The capital stock Of this corporation
shall be Five Thousand ($5,OOOW)
Dollars, divided into and Represented
by Fifty (5O) shares of the par valu'
Of One Hundred ($1OO.O0) Dollars
each and the Corporation shall begll
business when, thirty (3O) shares ar
subscribed and paid for in accordanc
with law. This corporation shall hay
authority to increase its capital stoc
on complying with the law relativ
thereto to an amount not exceeding
Twenty-Five Thousand ($25,OOOOO,
Dollars.
ARTICLE ".
The dOmicile Of this corporation
shall be in the village of jamestown
Bienville Parish, Louisiana, at whic
place all service Of legal process sha
be made on the president and in his al
sence, in accordance with the law e,
listing at the time Of such service.
ARTICLE v.
The affairs Of this corporation sha
be managed by and be under the col
troll Of Board Of five 90 Director
who shall be elected by and frol
among the stockholders at the annut
stockholders meeting, which shall B
held on the second Monday in Marcl
Of each year, beginning with the yea
1923. The following stockholders sha
compose the first Board Of Directors
r. r. Nix, who shall act as Chairman
V. H. Boyett, who shall act as Seer
tary, G. Il. Bailiff. H. T. Nix and v
B. Bailiff. who shall hold Office an
compose said Board until their su
cessors are elected.
ARTICLE vi.
The officers Of this corporation sha
be; President, vice-President, Sc
rotary and Treasurer. The seer
tary may also hold the office Of Urea
urer. They shall be elected annual
on the second Monday in March, b
ginning with the year, 1923, by Il
BOARD Of Directors, elected on said d,
by the stockholders which Board shs
Immediately organize and elect ga
officers.
The first officers Of this corporatio
shall be, r. r. Nix, President; G.
Bailiff, Vice-President, v. H. Boye
Secretary and II. 4. Nix Treasure
shall hold said Office until their $,
cessors are elected, according to la
as hereinaboye provided.
ARTICLE VII.
Meetings Of the stockholders and
the Board Of Directors may be held
often as the needs of the business m
require, provided that for stockho
ers meetings, written notice shall
mailed to each stockh}1eor at his Ii
know postofice address, or that sho,
by the Charter, at least fifteen da
before said meeting is held and
meeting Of the Board Of Directo
written notice shall be given to ca
member Mt lpASt twenty fnur IN,