The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1922-04-27
CHARTER
Nix, Baili6f & Boyett Company, In
cOrporated

State of Louisiana, Parish of Bien'
vile.
BE IT KNOWN AND REMEM.
BERED; That on this the 18th day
of March, 1922, before me, David G.
Spinks, a Notary Public in and for
Bienville Parish, Louisiana, duly COM
missioned and sworn, came and ap'
peared Il. r. Nix, G. E. Bailitf, W. B.
Bailiff, V. H. Boyett and H. I. Nix,
all residents Of Bienville Parish.
Louisiana, who in the presence of the
attesting legal and competent wit,
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 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 for the pur
poses hereinafter setforth in the vari-
Gus articles:
ARTICLE |.
The name of this Cooperation shall
be NIX, BAILIFF & BOYETT 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.
cession for a period Of ninety-nine
(9) years from date hereof, unless
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 to
such business.
ARTICLE III.
The capital stock of this corporation
shall be Five Thousand ($5,OO0OO)
Dollars, divided into and represented
by Fifty (5O) shares Of the par value
of One Hundred ($1OOOO) Dollars.
each and the Corporation shall begin
business when, thirty (9O) 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 ($25,0OO0O)
Dollars.
ARTICLE ".
The dOmicile of this corporation
shall be in the village Of jamestown,
Bienville Parish, Louisiana, at which
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 (5) Directors
who shall be elected by and from
among the stockholders at the annual
stockholders meeting, which shall be
held on the second Monday in March,
! Of each year, beginning with the year
1928. The following stockholders shall
compose the first Board of Directors :;
r. R. Nix, who shall act as Chairman,
V. H. Boyett, who shall act as Secre-
tary, G. E. Bailiff, H. T. Nix and W.
B. Bailiff, who shall hold office and
compose said Board until their sue.
cessors are elected.
ARTICLE VI.
The officers Of this corporation shall
be; President, Vice-President, a Sec.