The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1922-08-31
,,lr commissioned and sworn

n the presence VI li1e ,so,or wa
nd competent witnesses, VINO deciate ,
, me, Notary that, awaiting thenl
elves of the provisions of the laws
+ thc state of Louisiana relative TO
no formation, oginaziation and es'
enlistment of corporations, and the
and management of same
hpy do by this act and these presents
orm themselves and such other per-
IONS as may associate themselves
With them or succeed them, into
.o,poration under the name and terms
md for the purposes hereinafter set
orth in the various articles.
ARTICLE l. |
The name of this corporation snail |
70 the. Bienyille Motor Co. Inc. The
object and purpose of this corporation
hall be to buy and sell build and re-
,dild, and repair automobiles, automo'
,ile trucks, motorcycles and motor
vehicles of all kinds, both new and
second hand, and all their parts ana
accessories, also gasoline engines OF
Ill kinds and all their parts and &C.
to buy and sell gasoline and
oils, and anything else whatsoever
used with or needed for automobiles
and motor trucks and gasoline engines
or other motor vehicles, also to repair
and reconstruct same and do general
sale, repair and garage business, to-
operate motor cars and trucks for
hire and generally to do any and
everything necessary and appurtenant
to the buying, selling, repairing, build'
ing and rebuilding and operation OF
motor cars and trucks.
ARTICLE 2.
The capital stock of this corpora.
ton is fixed at TEN THOUSAND
(S1O,OOO0O) Dollars, divided into
One Hundred (1OO) Shares of the par
value of ONE HUNDRED DOLLARS.
($1OO.OO) each, which may be paid for
in cash, property transferred to the
corporation, or for services performed
for it at a valuation to be approved
by its Board of Directors, and all
stock when issued, shall be fully paid
and worcestershire. The corporation
shall begin business when sixty shares
900 are subscribed and paid for in
accordance with law. This corpora
ton shall have authority to increase
its capital stock on complying with
the law relative thereto, to an amount
not exceeding TWENTY, FIVE
THOUSAND ($25000,0O DOLLARS
ARTICLE 3.
The d0micile of said corporation
shall be in the town of Bienville, II
Bienville Parish and state Of Louis
lana and all directors and stock hold
ers meetings shall be held at the Office
of the corporation in Bienville Louis
lana, except that by and with tn:
consent of all the directors, said di
rectors meetings may be held else
where. This corporation shall hav'
and enjoy succession for a period O
One Hundred Years from and ate
the date hereof, unless sooner dlssolV
ed according to law. All legal pro
cess shall be served on the president
or in his absence, In accordance witt
the law existing at the time OF suc]
service.
The affairs of this corporation shall
be vested in and exercised by a Boar
of Directors to be composed Of no
less than three (3) nor more thai
five (5) stockholders, elected annual
ly, the board of directors for the firs
year or unit their successors ar
elected and have qualified, shall b
the following: Jno. F. Harrison, l
w.. DuBose and W. T. Hays, all Q
Bienville, Bienville Parish and Stat
Of Louisiana.
The officers of this corporation sha
be president and general manage
vice-president, secretary and treasu
er, together with such other ottice
AZ the board Of directors may fro1
time to time see fit and proper to s.
lect.
The officers for the first year,
until their successors have been cleo
ed and qualified shall be. Jno. F. Ha
rison, President and General Man
ger; L. W. DuBose Vice.Presiden
f and W. T. Hays, Secretary Treasure
ARTICLE 4.
Meetings of the stockholders and
the board of directors may be held
often as the needs Of the business mi
require, provided that for stockhol
ers meetings, written notices shall
J, mailed to each stakeholder at his Ia
t known postofice address or tn
f shown by the charter, at least fifte'
days before said meeting IL held al
4 for meetings Of the Board OF Dire
!. ors, written notice shall be given
d each member at least twenty.fo
e hours before said meeting is held, pl
b vided that by consent Of the Board
III Directors this notice may be we've
t. ARTICLE S.
J, No informality in the formation
this corporation shall have the ell
of annulling the charter, nor q
D. stakeholder ever held liable for a
obligation or fault of the corporate
T., except as provided by law. All ste
e. certificates shall be signed by
president or vice.president and 9
d rotary. No stock Of this corporatl
D. shall be sold to third party III
i'd same has been offered to the corpo
ton or a stakeholder therein and
l. fused at the same price offered
such third person. All transit
shall be made on the books Of the {
poration on the surrender Of the
tificates to be transferred before {
nd transfer is binding on the corporate
e ARTICLE 6.
he Whenever this corporation Is +,
VS. solved by limitations or otherwise,
W affairs and obligations shall be
p tied by liquidator, selected in
IA. cordance with law who shall
nd bond in the sum of not less than
Sc half Of the appraised value Of
to property Of the corporation.
Thus done, read, passed and sig
A at my Office in the parish Of Bien'
In the presence of J. A. Butler and
nj