St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1891-06-20

shail b Transferable only on the books
Of this company, and on the surrendse.
Of the outstaa1ine certificate; and this
oosposation shall have the right 10 70.
faso 70 enter or make any transfer ON
ia books 10 long - the stookholde. in
whose name the certificate staDds IL
directly OF Indirectly indebted TO the
cosposatson.
This corporation shall b organised
and authorized 70 begin hvsines. -
soon - IL capital stock shall have been
fully subscribed.
The capital stock may b Increased Ia
An amount not 70 aycee.l One hundred
Thousand D0llaxs (3lOO, OOl) BY com.
plying with the laws In suoh Gases
made and provided: aAd should aai.l
stock be increased. the psraoua holdina
stock at the time shall each have the
right 70 take shasss Of the additional on
increased stock psop0raicuats to the
nunber Of shares chem owned by them
respectively. No atockholder shall cell
or txAoxfe1 any share or shares Of stock
70 any peHaon or corporation without
arst Offering the same to Tie stockhold,
eSs Of this oorparAtion. at .tlls came
price he 10 sillina 70 accept from such :
outside party; saeh ol1sr n be submit,
ted In writing "a the stockholders
through The Secretary. and 10 remain
open for acceptance for . tenn Of ten
days.
A11Ic,l yUTH,
The business and affairs Of this cor,
poration shall bs managed and conduct
Cd by hoard Of Eve Directors. Who
shall each own, either in Ais own name,
or in that Of Arm Of which be- 10 .
member, at least ave shares Of the eapis
tai stock Of this corporation,
ueosn. Alphonse q. Pessou, William
GaYiR. Abraham Roaonneld, HAr,nea 4.
Frederic anil samuel ]. Hart shall oop.
stituts the Mrst Board Of Directors, With
said a. kossnaeld - President and
Hermes 4. Frederic ~ Vice President
and sajd Alphonse O. Pessou ~ Secre.
tasy, Treasurer and GeEeral Manager,
Who shall hold oGloe until the aysS
Monday in May. 1891. or until thsiP
SUCCESSORS are elected and qualified,
On the last Monday In April. 1891. and
ANNUALLY thspealte9, IN election for Di.
reotos shall b held q the once Of the
COMPANY or corporation. after ten days
notice in whiting shall have been given
70 each stOckholdeR OF his daily author.
ized agent and attorney in fact. BY the
Secretary, the aid notice TO b. seet o.
mailed 70 him. and the Directors then
elected shall take their seats on the nrst
Monday Of Nay following. Each Board
Of Directors. on taking their seats. ahall
elect from their auMbsr President. .
Vice President Secretary. . Treasurer
and . 0snersl Manager. which Last
thus odloes may be vested in one OF
moro porsons. - The Directors may
ANTIGUA 01T1.
II at any tiFae there should Be fAil.
ure 10 elect Directors ~ above provided,
such failure shall not dissolve the cor.
pontioa. bat the then s1isting Board
Of Directors shall continue 70 hold ONCE,
and - 5000 - maj Be thereafter ano.
Their election shall b held. whereof ten
days PROV notice shall BE- mailed by the
Secretary TO eaoh stockholdsg or his
duly snthoFissd agent or attorney in
fact Any vacancy occurring In the
Board Of Director. from any cause. shall
be filled By the Tsmainine Directors.
Three Dirsstors shall constitute . quo.
rum Tor the tSAosAetion u business,
The Board Of Directors shall have
power to make, change and amend all
management Of the business and aAAirs
Of the corporation - they may think
proper; 70 purehase. sell, lease, mort.
gage and pledge property. both real and
personal. and 70 do such other matters
and things proper In the naaaaes0snt
Of Mid busi0eaa The 0sneral MANAGE
shall be The manager of the CONS any.
and shall appoint ell o@ssss. agents,
clerks end smploysss; he shall az their
aalaries. aud generally attend to the
busieess at the company in all it,
AZ the Termination of this ohartef by
limitation, or at its dissolution a. here.
in provided. the business and afgairn Of
this company shall Be iiquidated and
wound mp BY two liquidatinR commits.
xioosra. who shall b chosen BY the
atookholdss Il esasral meeting, TO b
called sfter ten days prior notice II
given By the Secretary. By mailing wit.
ten notices. directed to each stoekhold-
eS ct his domioilA A. all meetings Of
stookholdeEs. except those for the else.
ton Of DirectoRs. thrse-lourths Of the
stock represented at such meeting shall
decide 81 msttsSs voted upon provided,
this shall not apply 10 the election Of
liquidating eo1nissioness, Who shall
b elected BY . majority Of the stock
voted upon. which majority shall also
define the duties Of the liquidstins con.
miastoness and AZ their salaries and
compensation. AZ meetings for the
election Of DiSeotoss, . majority Of the
stock represented shall govern. All
elections shall b By ballot, end each
share Of The stock shalt he entitled 70
A111cL8 xloaga.
This charter nay BE- altered or amspd.
Cd. or this corporation dispolved, By q
vote OF thros-6o1Eths AZ The sock pres.
emit or appreciated q . general meeting
Of the stoekholdess, convened for sach
puSpose. otter ten days PRIOR notice
having been gtvoo 70 each etockholdep
In writing By The Secretary. the aaia
notice 70 b delivered 10 aaid stock.
holder OF mailed 70 his place Of pesi.
dsnee.
No etookholdee ~ this oorpovati,n
shall ever b held liable ar Pesnoasiblo
tor the oontSAets or faults Of this oorpo.
nation. II aay farthse San than the IN.
paid balance due IA the company On ne
shases owned BY aRoh stoekholdesu, nor
shall any Nee inf,rmaiity IN orssniss.
tioo have the eject Of rendering thu
charter null and void. or Of opposing
stookholder b any liability bsyond he
unpaid balance On his Subscription.
THIS done and vaassl at my o6lee, q
New Orleans. a1orsaaiA. On the month.
day and year 1sst above vritten. IN Tie
Prsseoee Of NeasSA N. b. Roberts ard
tneodose 9: 6petsfadsn. eorvstsna