St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1895-03-02

hypothecate under its corporate name
property, real and personal; to nam
and appoint such managers, director
and omcers and agents Is the interes
and convenience Of said corporation
may require; to make and establish
such bylaws, rules and regulations TO
the regulation of the Affairs of said cor
poration - may be necessary IN,
proper, and the same to change an,
alter at pleasure, and to do all such act
and things as may be necessary an,
proper TO carry out the objects Of tn
corporation. The domicile of said cor
poratiOn shall be In st. Tammany Par
tsh, State Of Louisiana.
ARTICLE II.
The purposes for which this corpora.
tion IL organized and the business II
which It shall be engaged, is hereby
declared TO be the manufacture of ar.
ttcles OF wood, such rs shingles, lsths
pickets, dressed lumber, weather board.
ing, sash, blinds and doors, and frame,
Tor same. and, to that end, to operate
and conduct sawmill or sswmilIs
also to conduct general sawmill bust.
ness: and to conduct and operate q suit.
able plant or establishment or plants OF
establishments, equipped with proper
and sumcient machinery and appliance.
to carry on said business.
ARTICLE III.
Citation or other legal process NAV 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
IL hereby declared to be the sum OF
Twenty-Five Thousand Dollars, and
the company shall begin doing business
~ soon as 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
Each share shall be of the
par value Of one hundred dollars. Such
shares rs may be paid for In cash, must
be 80 paid for ut the time the same are
delivered; such shares rs may be paid
Tor by property, shall he 80 paid for at
the time the property Is sold or con-
veyed to the corporation; such services
- may he accepted In payment Of
shares mast have been rendered prior
70 the issuance and delivery of the stock.
The Board Of Directors shall determine
how and when stock shall he disposed
Of.
ARTICLE v.
The a6Atrs and business of this cor
pOrstt0n shall be conducted by q Board
ii Directors composed of 1--WE persons.
The first Board Of Directors shall be
Of the following named DER.
IONS: Maurice J. Hart, President:
Charles +. Colon, Samuel J. Hart.
Charles Mendelsohn and Nicholas r.
Johnson. The said Board of Director,
hall from their number elect, a. Is
provided, President. Vice
aud one person ~ Secretary
md Treasurer. The follow ing per.
'O0s, from the date Of this incorpora-
Ion, shall be the officers of the COM
'any: President, Maurice J. Hart; Vice
President, Charles +. Colon; Score.
AIRY and Treasurer, Samuel J. Hart
The said Board of Directors shall
Ut the same time. chuOse. ~
: hereinafter provided, q General Man
ger. Nicholas p. johnson shall be
he General Manager Of the COMPANY
rom the date OF this Incorporation un-
II the period hereafter stated. The
aid Board and the said officers shall
ct In said capacity until the first Mon
~ OF December, 1895, when 4 new
|Oard OF Directors shall then, and an.
ually thereafter, be elected; the said |
|Oartt Of Directors to choose the ON.
crs OF the said company at the expira- |
ION of the term herein fixed, or rs soon
; practicable, and shall do the same |
nnually thereafter. That ut the cleo.
Ons of the Board Of Directors, each |
hare Of stock shall be entitled to one |
ote, and . majority of the votes cast
hall elect The elections shall be con-
ucted under the superintendent of
'ree stockholders, to be designated by
le B0ard OF Directors. Previous mo-
&c OF said election shall be given by
ablicstiOn In one of the newspapers Of
'e city Of New Orleans for ten DAYS
rtOr to the election. and any failure
ON any cause to give this notice or
ect such Directors 1t the time mem
Oned shall not dissolve this CORPORA.
On, but the Board of Directors and
hcers then In ONCE shall retain their
until another election shall
ordered by the Board of Directors;
divided, that the same shall be order.
not longer than thirty DAYS frum the
te at which the said election should
we been held under the provisions of
n charter. All Directors and officers
this company shall retain their in
mbenctes until their successors shall
We beeL elected and installed In their
spective Offices.
ARTICLE vi. II
No stock shall he transferred except
on the hooks Of the company, by the ,
'ckholder, or his duly authorized
ent or attorney In fact.
ARTICLE VII.
rhe name Of the corporation shall
be used for the benefit Of apy one. ,
cept the actual business interests Of
. corporation.
ARTICLE VIII.
70 stakeholder shall be liable for the
Its or debts Of this corporation In
further sum than the unpaid balance
for stock subscribed for by him:
shall any mere informally or de-
In organization have the effect OF
dertng this charter null, or of ex.
ling Its stockholders to any liability
atever.
his charter may he altered mr.