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THE TENSAS GAZETTE
E E -w---- - I
Tensas Gazette Publishing Company, Ltd. Official Journal of the Parish of Tensas, Board of School Directors, Fifth Loulsliaa Levee Dstdc and Towa of St. Joseph. $2.00 Per Alm.
NEW SERIES-VOL. X XXI ST. JOSEPH, LOUISIANA, FRIDAY, FEBRUARY 24, 1922 NUMBER 21
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The New Edison
THE PHONOGRAPH WITH A SOULI
To Hear It is to Want One
eome and Let Us Demonstrate It
elarke & eo.
Vicksburg, Miss.
- Write for Catalogues
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Galvanized elsteras a Specialty
Arcola nor WATER Heating Plant
e* Thb PluMt Is Operuttel Is Ouer shew WA.V
Act of Incorporation
of -
CITIZENS BANK OF NEWELLTON,
LOUISIANA.
State of Louisiana,
Parish of Tensas.
Be it known and remembered, that
on this, the 15th day of February,
A. D. 1922, before me, E. F. Newell
dy. Clerk of Court, and a Notary
Public in and for the Parish of Ten-,
sas, State of Louisiana, duly commis
sioned and qualified, and in the pres
ence of the witnesses hereinafter,
named and undersigned, personally
came and appeared, the several per
sons whose names are hereunto sub
scribed, who declared, that availing
themselves of the provisions of the
laws of the State of Louisiana rel
ative to the formation of corpora
tions for the purpose of banking, and
especially Act 179 of 1902, and
amendments thereto, they have as
sociated themselves together, and
have covenanted and contracted and
by these presents do hereby covenant
and contract, both for themselves
and for those who shall hereafter
become associated with them, and
hereby bind themselves into and form
and constitute a corporation for the
purposes, and under the regulations
and articles, herein following, to-wit.
ARTICLE I.
.The name assumed for said bank
ing corporation and to be used in its
dealings shall be Citizens Bank of
Newellton. The banking business of
said association shall be carried on
in the Village of Newellton, Parish
of Tensas, State of Louisiana, and
the domicile of said corporation shall
be the said Village of Newellton.
ARTICLE II
The capital stock of said corpor
ation shall be Twenty Five Thou
sand Dollars ($25,000.00) divided
into Five Hundred (500) shares of
Fifty Dollars ($50.00) each, p yable
in specie on demand of the Board
of Directors according to law.
ARTICLE III.
The objects and purposes for which
this corporation is formed is to carry
on a general banking business in all
of its branches and departments, and
to that end shall have power and au
thority to receive deposits, to dis
count and buy and sell promissory
notes and bills of exchange and
other evidences of indebtedness, gold
and silver and bonds of the United
States, and of this State, and of the
several levee districts of this state
and of the municipal corporations on
which bonds'there shall have been no
default in the payment of the in
terest for five years proceeding the
acquisition of the bonds by the
bank; and generally to posses and
exprese such powers and privileges
as may be conferred by any exist
ing laws of the State of Louisiana
on the subject matter, or mas here
after be conferred by fuather legis
lation on the same subject; and to
exercise all ineidetal powers no
emesary to earry on the besin; to
have and enJoy seceesion by its
corporate name for a period of
ffty yams frem the date of this act,
and by that corpoate name to sue
ad be sued, to plead and be ia
pleaded, appear, aaswer and pres
cute in any and all courts of justiee
and elsewhere.
To hold, receive, purchase and
convey, by and in its corporte name,
insch property, real and parounal, as
may be indispensble to to the objects of
this association, and the real estate
whiche this banking smoclato may
lawtfly purchase, old and convey
shal be, C
(1) Suek as shall be neessmry for
the proper truansaction of its bust
(2) Sukch as s.hall have been mat
gaSed i t in goodfaith as so
curity for lose..
(S) Such as sal have been con
vreyd to It in satisactaIon of debts
previously contracted bona de inl
the course of its busines.
(4) Such as it may purhase at
ales, under Judgments or mortgages
held by itself, or in which it may
have a interest by being subrogated
to rights according to Article No.
2161 of the Civil Code.
To make, alter and use a corpor
at seal, which shll be of the fol
lowing desecrlptonand dederibed as
follows, to-wit:
To consist of two eoneentric cir
cles; between the outer and Inner
ci.le to be the words, at the tp;
"Citisen, Bank of Newellton;" at
the bottom: "Newailtorn, ." Within
the inner cire to be a pellean feed
ing her young, the scales md otto:
"Union, Justice and Coadesee."
To name and appaint such man
agers and dirnetors to administer the
affairs of the eorporation as may
be neemry and proper and to Si
the eompensation of all persons in
its emplnoy, provided all the managers
and directors are dtiseas of the State
of Leas~a.
To make and ordaisuch by-laws
for the managemet of the affairs of
the einolation as may be neaessary
and proper and in eoafomity with
the wprovisoas of the law nd thme
artics e of smecUition, and me by
-aws to ste, anead Rod repa at
proper in order to carry out the
purposes for which this corporation
is formed.
ARTICLE IV.
All the corporate powers of this
association shall be exercised by a
Board of Directors, composed of fif
teen (15) stockholders of the said
corporation; they shall be elected
annually at a general meeting of the
,stockholders, held for that purpose
at the banking house of the corpor
ation on the Second Tuesday in the
month of January in each year, com
mencing in January 1923; previous
notice of at least ten days shall be
given of each election by publi
cation in a newspaper published in
the Town of St. Joseph, Louisiana,
and by personal letter, deposited in
the ordinary mail, addressed to each
shareholder in the corporation as
shown by the books of the corpor-'
ation twenty days prior to the said
election. The said election shall be
conducted by three stockholders, not
directors, to be appointed on the
day of election by a majority of the
stock present or represented by
written proxy, and at each election'
the persons receiving a majority of
the votes cast shall be declared duly
elected and shall take their seats at
once; but should no election take
place on the day fixed, from any1
cause, the President shall cause an
election to be held as soon as pos
sible thereafter, after ten days no
tice published in a newspaper in the
Town of St. Joseph, Louisiana.
All directors elected shall remain
in office until their successors are
duly elected and have taken their
seats.
In all elections of the corporation,
each stockholder s1bl be entitled to
one vote, either in person or by
written proxy, for each share of
stock held by him or her, provided
the person so offering to vote shall
have owned his or her stock at least
thirty days prior to the date of voting.,
At the first meeting of the Board
of Directors after their election,t
they shall elect srom their own
number a President and a Vice
President. The said Board shall ap
point a cashier and such other em-'
ployees as they may deem necesary
and proper for the transaction of the
business of the corporation, and may
delegate to their agents, officers or
committees of ther own body such
power as they may think proper and
expedient, and .hall have power to
dismiss all otef s, agents and em
ployes at pIs ; ad -stAl dih
their duties and powers and require
good and solvent bods of thesm ta
some corporate surety company;
they shall fix the compensation of
all officers, clerks and employes of
said eorporation,and adopt srek by
laws, rules and regutionst for the
govermeut of the erpoesotim sad
the tranation tf its aLrs a they
deem At and are net in esouLt
with this act of the laws of this Sbs.
The Board of Directors shall have
the power to All all vaenle eamsed
by death, resignation or other se ,
and flvr (6) members of the Bard
shall oeutitte a quorum for the
transaetion of busiess.
ARTICLE V.
The Prsdent, and in Ms absence or
inability the Vie-President shal be
the peope persn e pa whem an
etatios and other legal peosesm r
notices shall be served.
ARTICLE VL
The said eerp emt i shall am
maome buinema en or bete the le
day of Maseh, A. D. 122, sad sha
eisz for a s ed ao afty pers
Ma date, ulrs msmer dissolved.
AWKML VIL
The -m suad pees of rmMeasm
ao the shareholder, and tih mebr
a shree hM l r b ehaof ,se,
Name SeeMamee Shres
d. P. Alien gt. Joseph, la. 3
Chis. . Asen Noewlle, Ia. 1-0
V. W. Darasde Nemwltab Ia 5
Prnek lombardo Nowelten. LI., t
Jason Taylor Newemlta, la. 5
C. V. atHeliff Neweltoan, la. 5
Thoe. M. Wade, Jr., St. Joseph, la 5
M. W. Bsad Point Pleasant, La. 1
H. & J. Isaes Newellton, La.
L de Vrlesi Newellton, La. 8
Martin Jacobhy Newellton, la. 5
Leo Jaoeby Newellton, la. 3
Wimberly & Rolber Newellton, La. 5
Gee. D. Blands Peint Pleasat, la 2
L B. McDan Newellton, Ia. 5
H. C. Lang Newltea, La. 5
I. de Vrles Newellten, La. 5
R. Morris Newenllton, Ia. 2
. S. Eafmua N dewelitn, la. S
Jaulis 8alomon Newellton, La. 5
L. Kllman Neowllton, La., 5
S. A. Lombardo Newelton, Ia. 1
N. . Pendroy Nowelton, Ia. 2
H. H. Patton Nowelton, la. t
. T. Shaw Newellton, La. t
F. L Guthrile Newellton, La. 5
W.. Pee Newlisa, la. 5
Mrs. Ed . Morris Newolltn, la. 2
Henry Kanfman Newolien, la. 2
J. H. Netterville Newelton, La.
K. W. Vogh Noweiom, La. t
. G. Bmrer Nwelton, Ia.
agse Jerestaw Now te, Ia, t
John Yaearae Newoton, Ia. 2
Joale Pulb N ulwtem, Ia.
V. L. Green NoWel, Ia. 1
V. a. mage. MY m.E.a 2. S
We as Meru Meestear, So
O. H. Love Newellton, La. 5
E. C. Grace Newellton, La. 2
A. P. Moore Newellton, La. 2
D. H. O'Kelley Ashwood, La. 2
Pierce Bros, Point Pleasant, La. 5
The shares of this corporation
shall be considered personal property
and shall be tranisfrable upon the
books of the corporation in such
manner as the by-laws may direet,
but no share-holder shall be liable
for the debts or contracts of said
corporation to a greater amount than
the whole of his shares therein.
ARTICLE VIII.
This corporation shall have the
right to increase its capital stock to
an amount not exceeding One Hun
dred Thousand Dollars by complying
with existing laws and eonstitutional
provisions relative to the increase or
decrease of capital stock; and this
charter may be modified or altered
by compliance with the laws of this
State relative thereto.
ARTICLE IX.
This corporation shall be liqui
dated at the end of its term or at
its earlier dissolution by three (3)
commissioners appointed by the Board
of Directors. Said commissioners shall
be stockholders of the corporation and
their compensation as liquidatolr
shall be fixed by the stockholders on
the day of their appointment and
they shall continue to act until the
entire business of the corporation
shall be closed and liquidated, and
in the event of the death or ab
ence of either one or two of them
the remaining ones or one shall act
alone.
ARTICLE I
The following named persons, with
Jas. P. Allen as President, and W.
W. Burnside as VioePresideeunC4has.
B. Allen, Leon Kull ma, C. V. t-.
Cliff, F. Lombsrdo, Gee. D. Blen
C. Reiber, Tho. N. Wade, Jr. Jason
Taylor, S. T. Shaw, W. B. RHgue,
Julius Salomon D. H. O'elsy and
M. S. Kausman are hereby decaed
to be the first Bard of Dirmeltrs
and shall hoid their oee until the
Second Tuesday in January, A. D.
1923, and having take te9 r rseas,
shall serve until their reses
have been elected.
Thus done, read and passed, at
my offee in said perish and State,
the day and date fist abeve m
tioned, in the presence The., M.
Wade and J.' . Wendt, esepsetent
witnesses, who hesrento
their names as me h, together with
the parties and m, said Netry:
Jas. P. Ala
Chas. B. AIm
W. W. Bursrl
Preak Lsbeade
Jhes Tgr
C. V. NMler
The.. L. Wade, Jr.
I. W. ea.
3. 5a IJme
L de Vals
ean ae tr
Leea J .'
Wimbery A 3br
Geo. D. meid
L B. MwMMa
E C. Lmas
M. de TYeL
L. R. NMeds.
M. 8. rmanas
Julus SDlmoM
L. s e lh
8. A. tlmbrd.
N. Peadrey
H. H. Pates
S. T. Shaw
FP. L. Ge ble
per 5 MN. Wade, Jr.
W'. Poe
PersThede N W Jr.
Mu, *d. *. Welhb 3 M. IN
Wade, Jt
Wade, Jr.
HJ. . WeattrvwE, per thee M.
Wads, Jr.
. V. Ye ot, per se. . Wade,
Jt.
o. lBorer, per thee. . Wade,
Jr.
Stanl "rh . per The. II.
Wade, Jr.
Hugo Jereslaw, pr Thee. K'
J5. ad.no, per The M. Wade,
Jr.
W. L OGrewa per Thoa. . Wade
W. B. BHogS per Thee. N.
Wade, Si;
W. D. Noble, per Thee. . Wade,
Jr.
O. . Love, per The. N. Wade,
E. C. Grace, per Th. . Wei
Jr.
A. F. -oe PrTThy.
Jr.
ttest:
rHOS. K. WADS, K -
1. 3 WUNDT
ly. Clerk .f .LL.Ju3I!lPl
Lousnan. 'I
LhTON, LA.*, mas tne 4.sp
LInemin L~Oe~L~ ud'.L-
EDGAR W.
Louisiana WHITTEMOREI
Louisiana Sold
Planta- and -
tions chaRged
ST. 1OSEPH
LOUISIANA
Heating Plumbing
Tin Work
THOS. J. HOLMES
-17-1 s. coMMERcCESTRhWT
Phone 28s NATCHBZ, maIsB
S. W. HAZLIP, Sr.
Paper Hanger and Decorator
ST. sWes, LA. iPous NO. aS
Tb slogan for 1922 will be, "m ks mi Ir Swr M"
During 1922 I will represent one of the mot popular
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Please phone and I will call.
S. W. Hazdp, Sr. SL bk a.
..W I I I'S R M II Drk....
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J. T.DIRD6SONG
17fl C1a6 tMnt
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