St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1889-03-23

PARISH Of 81 TAmmsny. in the State OF
Louisiana. AMI thence beyond tn Cav
ipRton AMI snch points in the States at
Louisiana and Mississippi. as alse to
such prints or places ON Lake Poutcaar.
train A. Ire B.ssrl Of Directoes e oaid
corporstion may determine: and - con.
..trnct. establish. purchase. lease AMI
uss suitable whsrves. Pisvs. varehnasse,
yards, steamboats,, harbors. locomo-
tivea. engines. cara depotx. stations.
hotels, eating houses. and other works.
appas~tus and appuPtsnances connected
vish or inoidentAl b the operation Of
xaiI railroad and it, cOnoections; and
n Sna. manage and e0ploy The same -
the Boar,l 1t Director Of said COMPANY
may consider 70 be most cxoe 1ient to
the geners' welfare Of aaii corporation:
to transport. take. earrv and convey
passenger. freight. merchandise. prop
ssty and mails upon it, said railway.
boats and vehicles Lv the aid of steam
ar any other powe.. and % store NEE.
chAnaise. freight and peOpsrty within
it, yards. deposs OF warehouses;. and n
charge aud receive for such tranapoTta-
ton, @aSe keeping and storage. anch
tolls. Seea and charges ~ may from time
70 time bs established By the Boasl Of
Directors Of said corporation.
AKrlCLg HUURrH.
The capital stock If said corporation
il hereby Axe.l at the sum Of tvo hun.
dred aud nity thousand dollars. 70 b~
divided into. or represented by two
thousand 6ve hundred shares. Of the
sum Of one hnnirel dollars each. H~id
stock shall be paid for n cash. at the
time Of subscription. or the same may
Re issued at not leas than par. in pay.
ment Of property actually received or
purchased by said corporation.
ARTICLE RIYfa
All the corporate p0wera Of aaid COR
p0ration shall he vested ia and exsP-
cised By Hoard ct Directors composed
Of i've Stockholders n he elected an
nualiy on the second rhursday Of July
in each year. All snch elections shalt
be by ballot and conducted at the once
of said corporation. under the supsrin-
endencs Of three commissioners 20 DO
appointed by the Board Of Directors.
and of which election ten DAYS prior
notice shall be given in one Of the daily
newspaper published in the "ity Of
New Orleaue. A majority of the votes
| cast shall elect, AMI each ahare Of stuck
shall be entitled n ono vote. to be cast
by the owner either in pesso0 OF by
proxy. The directors sims elected shall
serve and continue in Office until their
SUCCESSORS shall have been elected. A
failure 70 elect divectOrn on the date
above specified shalt not diasolvs the cor.
posAtion, but the existing BOARD Of Dr.
reclors shall cAuse another election 70
he held within Il irty days thereafter.
whereof ten daya' prior notice shall be
piveL in one Of the daily newspaper
publishs.l IN New Orleans. Vacancies
occurring in aaid Board Of Directors
from any cause whatxoeves ahall DO 6ll-
cd by the remaining directors. Three
directors shall constitute quorum for
the transaction Of any business. and the
Board Of Direction at their hrt meeting
following each annual election shall
eleet one Of their nun Der to be president
of said corporation. another n be vice.
president thereof. and another 20 be
secretary. Who shall als0 act ~ treasurer
Of aaid corporation. Said RnaSd Of Dr.
rscioEs may appoint from time n time.
and also dismiss at their pleasure. auch
officers. age Lts, clerks or 'ther employees
they msy deem necessary for the busi-
ness and purposes Of aaid corporation.
and make and establish, ~ we'll a. alter
and amend. all bylaws. rules and reRu-
latiOns requisite for the support and
management Of the business and a6aira
of said corporation. Sal Board Of Di-
recsors shall have full poxer and author
ity 20 borrow money. execute mortgages.
iasne notes Or bonds, and Renerally 70
do all things pertinent to the objects
aud purposes Of said corporation. or
which are. or may be permitted by the
laws aud applicable In c"rpomtions; and
also To issue and deliver full paid shares
Of stock. or bonds or obligations Of sail
company at not leas than par value in
payment for labor done. or money b.,r-
r"wed. or property or rights actually re-
ceived by said corporation.
AkrlCLg QxrB.
Whenever this corporation may be
dissolved. either by Limitation or from
any other carse. its affairs shall be liqui-
dated by three commissioners to be ap.
pointed from amongst the stOc kholdeTa
At . general meeting Of stockh"ldess
convened for auch purpose; of which
meeting thirty days previous notice
shall be given By advertisements in one
Of the daily newspaper published in
che city Of New Orleans; aad majority
IN amount Of the capital Stock Of said
company shall bs requisite to elect.
Ssid commissioners shall remain in a..
6ce until the Affairs Of said corporation
shall have Lsen fally settled and liqui.
dated: ami in c.ss Of the death Of one 81
more Of said commissioner. the suEvi-
L pvs v~<s. a1,..1l 20 80
ARTICLE sEvENrH.
This act Of incorporation may b
changed, modified or altered, or said
company may be dissolved With the ~.
sent Of thre~- fou rths Of the stock repre-
sente.i at any general u eetinR Of the
stockholders convened for such pur.
pose. after thirty days previous notice
shall have been aiverti~cd in one Of the
daily newspapers published in the city
Of New Orleans. such changes a. may
be made in reference TO its capital stock
shall require in addition to said publ.
cation forty days previous notice in
writing or in print. addressed to each
stOckh0ljer It his usual place Of resi-
dence.
ARTICLE EI0HTH.
No stakeholder shall ever be held lia-
BILE or responsible for the contracts OF
faults CT said corporation in any further
sum than the unpaid balance due on
the shares Of stock owned by him. nos
shall any mere iuf0Imality in Organiza-
| tiOn have the effect Of rendering this
charter null. nor Of exposing . stock.
holder to any liability beyond the
amount due ON his stock.
AsreCsR WSWrm
This corporation shall oOmmenoe its
operations or business ~ soon ~ two
thousand shAres OF its stock shall have
been subscribed for: anil the following
named pesons shalt constitute the 6rst
Board OF Directors Of said company. and
aepvA A amch until the ss,cOnd Ihmr~