Bogalusa enterprise and American. (Bogalusa, La.) 1918-19??, 1922-01-26

do all things and to engage in any
business conveniently necessary or in
eident to or connected with the oper
alton of the business and industries
above mentioned; and ts carry OF
such business and industries IN tle
State Of Louisiana and ct such cthel
places outside the said State as The
Board Of Directors may determine.
ARTICLE ".
| The authorized capital stock 81
this corporation is hereby fixed at the
sum Of twenty thousand $50, 100000
dollars, represented by two hundred
shares Of the par vale Of One Hum
bred Dollars (s100.00) each.
The capital stock Of this ccrpor-
ton may be increased to the sum Of
one hundred thousand ($100, 100000
dollars, or any part Of such sum, IN
accordance with the provisions Of
law pertaining to increase Of capital
stock by corporations.
ARTICLE ".
All the powers of this corporation
Board Of not less than five directors,
to be elected at the annual meeting
Of the stockholders. The stockhold-
ers may elect such additional direct
ors not exceeding seven CD in all,
as they may determine. The persons
named as directors, all Of whom shall
be stockholders. shall elect from their
number a president, one or more vice
presidents, a secretary, a treasurer,
or 2 secretary-trcasurcr, and such
other officers as the directors may
from time to time determine, The
first Board Of Directors, with their
postoffice addresses, are as follows:
Joseph H. Slaughter, Jr., Eogalusa.
John II. Friend, Bogalusa.
Clyde S. Moss, Bogalusa.
J. C. Mills, Bogalusa.
John Christian, Bogalusa.
Until the first meeting Of the stock
holders, JOS. H. Slaughter, Jr., shall
be President; John II. Friend shall be
Vice-President; Clyde S. Moss shall
be Treasurer; and J. c. Mills shall &c
Secretary Of said corporation.
ARTICLE VI.
On the second Monday Of January,
1923, and on the same day Of each
succeeding year Except when such
day shall fall on a legal holiday, in
which case the meeting shall be held
on the next following day. the stock
holders shall elect a Board Of, Drec-
tors for the ensuing year.
The Board of Directors already IN
stalled shall continue to hold over IN
til their successors are elected and
qualified.
The Board of Directors so elected
shall select from their number the
officers Of the corporation as above
provided, and every such Board may
appoint all necessary managers and
agents. The election Of Directors
shall be by ballot and the persons re-
ceiving the largest number of votes
cast shall be declared elected. For
electing Directors, or for any other
purpose, each share Of stock shall be
entitled to one vote, and a majority
of votes cast shall be required to pass
any resolution or decide any question
submitted to the stockholders, except
for the alteration or amendment Of
this charter, or the dissolution of the
corporation.
Said Board of Directors shall have
power and authority to make all
necessary rules and regulations for
the management and control of the
business Of the corporation, and shall
have power to fill any vacancy oc-
curing in their number. A major
ity of the directors voting at one time,
in person or by proxy, shall be re-
quired to pass any resolution or adopt
any bylaws, and which, when so
adopted, shall become valid corporate
acts.
ARTICLE VII.
Notice of all meetings of stock
holders for electing directors or for
any other purpose, shall be given in
writing by the Secretary, such notices
to be delivered personally or to be de-
posted in the postoffice properly adj
dressed, to each stakeholder, at his
last known address appearing upon
the books of the corporation, at least
fifteen (15) days before such meet
ing; unless such notice is waived in
writing by all the stockholders ap-