The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1922-08-17


service.
The affairs of this corporation snall
no vested in and exercised by hoa'o
of Directors to be composer vi 'lo'
less than three (3) nor more IMAM
f;ve ,5l stockholders. elected anhual'
" the board of directors for the firSs
wear or unit their successors are
rlccted and have qualified, shall oe
the following: Jno. F. Harrison. Il:
" DuBose and W. Il. Hays all OF
Bienyille Bienville Parish and STATE
Of Louisiana.
The officers of this corporation snail
be a president and general manager
yica.president, secretary and treasur
or together with such other offices
as the board of directors may from
fine to time see fit and proper TO Sc
lect.
The officers for the first year, OF
until their successors have been elec'
cd and qualified shall be. Jno. L. Har
rison, President and General Mana
ger. L, ". DuBose, Eice-Presldent,
and W. T. Hays, Secretary-Treasurer.
ARTICLE 4.
Meetings of the stockholders and OF
the board of directors may be held AZ
often as the needs Of the business may
require. provided that for stockliold'
ers meetings, written notices shall DC
mailed to each stakeholder at his last
known postotlce address or that
shown by the charter, at least fifteen
: DAYS before said meeting is held and
for meetings of the Board of Direct
ors, written notice shall he given t(
| each member at least twenty-fop1
hours before said meeting is held, pro
vidpd that by consent Of the Board o.
Directors this notice may be waived
ARTICLE ).
No informally in the formation 0
this corporation shall have the etfec
of annulling the charter, nor an,
stakeholder ever held liable for an,
obligation or fault of the corporation
except as provided by law. All stoc
certificates shall be signed by tn
president or vice-president and sec
rotary. No stock of this corp0ratiO
shall be sold to a third party unit
same has been offered to the corpor;
| ton or a stakeholder therein and n
fused at the same price offered h
such third person. All transfer
shall be made on the books Of the co
poration on the surrender of the ce
tificates to be transferred before al
transfer is binding on the corporate"
ARTICLE 6.
WheYever this corporation is I'll
" solved by limitations or otherwise,
affairs and obligations shall be sc
tied by liQuidator, selected in a
cOrdance with law who shall 81
{ bond in the sum of not less than OF
I half of che appraised value of Il
property of the corporation.
Thus done, read, passed and sign'
!. at my office in the parish OF BlenvlI
Y in the presence of J. A. Butler and
u c. Poland, legal and competent W
=, nesses and Notary, before whom the
-, appearers have signed their name
and set their hands as incorporate
t. and stockholders in this corporate
81 giving their postothce address, su
o. scrbing for the number Of shares a!
y. amount of capital stock set Oppose
y their names which they declared tn
Is have paid for in cash and in accol
ID ance with law, on this day and Ga
le first above written.
nc Signed,
u Jno. +. Harrison. Bienville,
Re ACKNOWLEDGEMENTS. .......2O Snare
to l.. w. DuBOse, Bienville
n Ia ..,.......2O Shar
W. r. Hays, Bienville, La.
....20 Shal
Attest:
]. A. Butler,
w. G. Poland.
I'd G.. R. ROBINSON, Notary Pub
State of Louisiana, Parish OF BIZ
n. vile.
hereby certify that the above q
at foregoing is a true and correct &C
J., of the original charter this day II
o. for record in the clerks office.
I'd This Aug. 18th 1922.
n W. i. SMELLY, by. Clerk Distl
~ | Court