The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1922-04-13

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
opreation and management OF same
they do by this act and these presents
form themselves and such other per-
sons as may associate themselves WIFI
them, or succeed them into a corpora
ton, under the name and for the pur'
poses hereinafter setforth in the varl'
ous articles:
ARTICLE I.
The name of this Cooperation shall
be NIX, BAILIFF & BOYETT COM,
PANY, INCORPORATED, in ana
under which name shall sue and be
sued, carry on Its business and 90 ana
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
cession for a period OF ninety'nlhe
(9)) years from date hereof, unless
sooner dissolved in accordance win
law.
ARTICLE II.
The object of this corporation anu
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 to
such business.
| ARTICLE III.
The capital stock of this corporation
shall be Five Thousand ($5OOO.W)
Dollars, divided into and represented
by Fifty (5O) shares Of the par value
Of One Hundred ($1OO00l Dollars:
each and the Corporation shall begin
business when, thirty (9O) shares are
subscribed and paid for in accordance
with law. This corporation shall nave
authority to increase its capital stock
on complying with the law relative
thereto to an amount not exceeding
Twenty-Five Thousand ($25,WW)
Dollars.
ARTICLE ".
The domicile of this corporation
shall be in the village Of jamestown
Bienville Parish, Louisiana, at whlci
place all service Of legal process shal
be made on the president and in his ao
sence, in accordance with the law ex
listing at the time OF such service
ARTICLE W
The affairs Of this corporation shal
be managed by and be under the con
troll Of a Board Of five 90 Director
who shall be elected by and IRON
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
1928 The following stockholders shall
compose the first Board Of Directors
R. r. Nix, who shall act as Chairman
", H. Boyett, who shall act as Secre
D. tary, G. E. Bailiff, H. T. Nix and "
y B. Bailiff, who shall hold ONCE an
+ COMPOSE said Board until their SUI
cessors are elected.
ARTICLE VI.
The officers of this corporation sha
y be; President, Vice.President, a SCI
y fetary and a Treasurer. The seer
tary NAV also hold the Office Of Trea
!, arer. They shall be elected annual
r. on the second Monday In March, b
a, ginning with the year, 1928, BY II
Board Of Directors, elected on said da
BY the stockholders which Board sha
O. Immediately organize and elect So
q. officers.
70 The first officers Of this corporate
n shall be, R. R. Nix, President; G.
Vi Bailiff. Vice-President, V. H. Boye
no Secretary and H. T. Nix Treasure
no shall hold said Office until their 81
~ cessors are elected, according to Ia
as hereinabove provided.
ed ARTICLE VII.
B. Meetings of the stockholders and
I'D 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 stockhldeor at his Il
know postofice address, or that sho'
by the Charter, at least fifteen Dc
r, before said meeting is held and
meeting Of the Board Of Directo
written notice shall be given to e.
member at least twenty four no
en- before said meeting Is held; PROVE
that BY consent Of the Board this moi
I'M may be waived.
lay ARTICLE VIII.
NV No informality In the formation
Nv lu this corporation shall have the en-
On Of annulling this Charter, nor
:" 3 stockholder ever held liable Tor
~, ~ obligation or fault Of the corporal
ish, except as provided by law. All st
The certificates shall be signed by
Wit. President or Vice-President and
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