The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1922-04-20
CHARTER
Nix, Bailiff & Boyett Company, In
corpOratel

cOrpOfdteu
State of Louisiana, Parish Of Bien'
vile.
BE IT KNOWN AND REMEM.
BERED; That Oh this the 18th day
Of March, 1922, before me, David {.
Spinks, a Notary Public in and for
BienvilIe Parish, Louisiana, duly COM
missioned and sworn, came and ap.
peared K. X. Nix, c. E. Bailitf, W. 3.
Bailiif, Y. II. BOyett and II. II. Nix
all residents of Dicnvillc Parish,
Louisiana, who in the presence Of the
attesting legal and competent wit
nesScs, declared to me, Notay, that
awaiting themselves Of the provisions
Of the laws Of the State Of Louisiana,
relative to the formation. organization,
and establishment Of corporations and
operation and management Of same,
they do by this act and these presents
form themselves and such other per
sons as may associate themselves with
them, or succeed them into a corpora
ton, under the name and Tor the pur,
poses hereinafter sctfOrth in the varI-
ous articles:
ARTICLE |.
The name of this Cooperation sha!l
be NIX. BAIIIFF 4 BOIETT COM
PANY, INCORPORATED, in and
under which name shall sue and be
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 be
authorized by law and shall have sue
cessi0n for a 'period Of ninety-nin'
(9)) years from date hereof, sunless
sooner dissolved in accordance with
law.
ARTICLE II.
The object of this corporation, and
the purpose for which it 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 t.
such business.
ARTICLE III.
The capital stock of this corporation
shall be Five Thousand (S5,OoO0O)
Dollars, divided into and represented
by Fifty (5O) shares of the par value
of One Hundred ($1OO.OO) Dollars
each and the Corporation shah besil
business when, thirty (30) shares are
subscribed and paid for in accordance
with law. This corporation shall have
authority to increase its capital stock
! on complying with the law relative
| thereto to an amount not exceeding
Twenty-Five Thousand (25OOOOO)
Dollars.
ARTICLE ".
| The dOmicile of this corporation
shall be in the village of Jamestown
Bienville Parish, Louisiana, at whicl
place all service Of legal process shall
be made on the president and in his alb
sence, in accordance with the law eX
listing at the time Of such service.
ARTICLE V.
The affairs Of this corporation shall
be managed by and be under the con
troll of a Board of five (o) Director
who shall be elected by and from
among the stockholders at the annua
stockholders meeting, which shall b
held on the second Monday in March
of each year, beginning with the yea
1923. The following stockholders shal
compose the first Board OF Directors
r. R. Nix, who shall act as Chairman
V. II. Boyett, who shall act as Secre
tary, G. f. Bailiff, H. Il. Nix and W
B. Bailiff, who shall hold office an
compose said Board until their sue
cessOrs are elected.
i ARTICLE VI.
The officers of this corporation sha
= be; President, Yice-President, SCI