St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1895-04-13

/ 0AA&A oPROA1s S0~A AASon0&C4SS O11COSOGS
and officers and agents q the interest
may require; to make and establish
such bylaws, rules and regulations for
the regulation Of the affairs of said cor.
poration q may be necessary and
proper, and the same to change and
alter at pleasure, and to do ill such acts
and things - may be necessary and
proper to carry out the objects Of the
corporation. The domicile Of said cor
poration shall be In st. Tammany Par
ish, State of Louisiana.
ARTICLE II.
The purposes for which this corpora.
ton is organized and the business in
which it shall be engaged, is hereby
declared 70 be the manufacture Of ar.
ticles Of wood, such as shingles, laths,
pickets, dressed lumber, weather board.
Ing, sash, blinds and doors, and frames
for same, and, to that end, to operate
also to conduct . general sawmill busi-
ness. and to conduct and operate suit
able plant or establishment or plants or
establishments, equipped with proper
and sufficient machinery and appliances
to carry on said business.
ARTICLE III.
Citation or other legal process may be
served upon said company through the
President thereof, or In his absence
the Vice President, or In his absence
the Secretary and Treasurer.
ARTICLE Nv.
The capital stock of this corporation
is hereby declared to be the sum a
Twenty-Five Thousand Dollars, and
the company shall begin doing business
IS soon IS Five Thousand dollars thereof
Is subscribed for. The said capital stock
shall be divided into two hundred and
fifty shares, which may be paid for
either In cash or property or services
rendered. Each share shall be Of the
par value OF one hundred dollars. Such
shares ~ may be paid for In cash, must
be so paid for at the time the same are
delivered; such shares Is may be paid
for by property, shall be 50 paid for At
the time the property is sold or con-
veyed to the corporation; such services
IS may be accepted in payment OF |
shares must have been re0dered prior
to the issuance and delivery of the stock.
The Board Of Directors shall determine
how and when stock shall be disposed |
of.
ARTICLE v.
The Affairs and business of this cor
p0ration shall be conducted BY Board |
Of Directors composed Of five persons.
The drst Board of Directors shall be
composed of the following named per-
sons: Maurice j. Hart, President;
Charles +. Colon, Samuel J. Hart.
Charles Mendels0hn and Nicholas p.
johnson. Th- said Board Of Directors
shall from their number elect. - Is
hereinafter provided, President, Vice
President, aud one person - Secretary
and Treasurer. The following per.
sons, from the date Of this incOrpofa-
ton, shall be the officers Of the COM
psny: President, Maurice ]. Hart; Vice
President. Charles r. Colon; Score.
tary and Treasurer, Samuel J. Hart
The said Board of Directors shall
at the same time. chuose, Is
i hereinafter provided, . General Man
aRer. Nicholas r. Johneon shall be
the General Manager Ut the COMPANY
from the date Of this incorporation un-
Ill the period hereafter stated. The
said Board and the said officers shall
act In said capacity until the first Non
day OF December, 1895, when . new
Board of Directors shall then. and an.
nually thereafter, be elected; the said
Board OF Directors to choose the on
cers OF the said company at the expira-
lion OF the term herein fixed, or - soon
- practicable, and shall do the same
annually thereafter. That 1t the cleo.
lions Of the Board Of Directors, each !,
share OF stock shall be entitled to one
vote, and majority Of the votes cast
shall elect The elections shall DO con.
Quoted under the superintendent OF
three stockholders, TO be designated By 4
The Board Of Directors. Previous no.
ice Of said election shall be given by
publication To one Of the newspapers Of
he city OF New Orleans for ten DAYS
PRIOR to the election. aud any failure
rom any cause to give this notice or
:lect such Directors At the time men,
Toned shall not dissolve this corpOra.
Ion, but the Board Of Directors aud
'mcers then In Office shall retain their
until another election shall
'e ordered by the Board Of Directors;
provided, that the same shall be order.
q not longer than thirty days frvm the
late at which the said election should
ave been held under the provisions Of
bis charter. All Directors and officers
1 this company shall retain their in
umbencies until their successors shall
ave beeL elected and installed in their
06lces.
ARTICLE vi.
No stock shall be transferred except
pom the books Of the company, by the
or his duly authorized
gent or attorney In fact.
ARTICLE VII. :
The name Of the corporation shall
OF be used for the benefit Of any one,
kept the actual business interests Of
he corporation.
ARTICLE VIII.
No stakeholder shall be liable for the
lults or debts Of this corporation in
ny further sum than the unpaid balance
ue for stock subscribed for BY him;
or shall any mere informality or de-
.ct In organization have the effect Of :
this charter null, or Of ex.
osing Its stockholders TO any liability I
hatever. IL
This charter may be altered or
nended or the corporation dissolved
= = vote OF three -f0urths Of its capital
'ock In favor thereof, ct any meeting /
alled BY the directors, after ten days
otace by publication In one Of the
My newspapers Of New Orleans.
ARTICLE TX.
whenever this corporation shall b !
by Limitation or Otherwise, 4
a3aiEs shall Be uq1idated BY three (
'0nisotoneEv, appointed b . 1eeeipgI