St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1897-03-13

BE 1T KNOWN, that on this twenty.
sixth day of February, in the year OF
our Lord One Thousand Eight Hundred
and Ninety Seven,
Before me, Theodore George Spitz-
faden. Notary Public, duly commits.
stoned, sworn and qualified in and fol
the Parish of Orleans, State of LOuisi.
ana, and In the presence OF the wit
nesSeS hereinafter named and under.
signed,
Personally came and appeared the
several persons whose names are here
unto subscribed, who severally declared
that, availing themselves of the pro-
visions of the laws of this State, rela-
tive to the organization of corporations,
they have contracted and agreed, and
do, by these presents, contract and
agree aud bind and obligate themselves
as well as all other such persons as may
become associated with them, to form
themselves into and constitute cOrpO-
ration and DO ly corporate in law, for
the objects and purposes and under the
conditions, stipulations and articles
following, tO-wit:
ARTICLE l.
The name and title of said corporation
shall be s'SLIDELL BRICK WORKS,
LIMITED" and under its said cooperate
name 1t shall have power and authority
to have and enjoy succession for the
full term and period of ninety-nine
years from and after the date hereof; ;
to contract sue aud be sued; to pur-
chase, receive. lease, hold and convey,
as well as mortgage and hypothccate
under its corporate name, property
both real and personal; to name and
appoint such managers, directors, OFF,
GERS and agents as the interest and con-
venience of said corporation may re-
quire, aud to make and establish such
bylaws, rules and regulations for the
proper management and regulation of
the affairs of said corporation as may
be necessary and proper, and the same
to alter aud amend.
ARTICLE II.
Tie domicile of said corporation shall
be in the Parish of st. Tammany, at or
near the town of Slidell, in the State of
Louisiana, and all citations or other
legal process shall be served upon the
president of said corporation, or in case
of his absence, upon the vice president,
or in case of his absence upon the
manager of the corporation.
ARTICLE III.
The objects and purposes for which
this corporation is established aud the
nature of the business to be carried on
by it are declared to be, to manufacture,
buy, sell and deal in bricks, tiles, lum-
Der, charcoal. piling, kindling wood
and other products which may be OBJ
tanned from or made of wood; to carry
on a general merchandise business; and
to do all things incident and pertinent
to such purposes and objects.
ARTICLE Nv.
The capital stock of said corporation
is hereby fixed at the sum of thirty five
thousand dollars, divided into and
represented by three hundred and fifty
shares of the par value of one hundred
dollars each. Said stock shall be paid
for in cash, at the time of subscription,
or may be issued at not less than par in
payment of property received or pur-
chased by the corporation. The cor
poration shall become going concern
and shall begin business as soon as
three hundred shares shall be sub
scribed for, or shall be issued for
property acquired or purchased by the
said corporation.
ARTICLE v.
All the corporate powers of said cor
poration shall be vested and exercised
by Board of Directors composed Of
three stockholders to be elected annu-
ally on the third Tuesday in January
of each year, the first election to be in
1898. All such elections shall be by
ballot, and shall be conducted at the
office of the corporation. under the
superintendent of three commission
ers to be appointed by the Board of
Directors. Notice of each election
shall be mailed to each stakeholder,
addressed to his place of residence as
shown by the books of the Company, not
less than ten or more than fifteen days
prior to such election, and each stock
holder. for each share Of stock owned
by him shall be entitled to cast three
votes either in person or by proxy, and
each stockh older may cast all his votes
for one individual, or may divide the
same among several individuals, not
exceeding three, as such stakeholder
may desire. provided that no fractional
votes shall be counted or considered.
The three persons receiving the
highest number of votes shall cOnsti-
tute the Board of Directors for the en-
suing term, shall at once take their
seats as such, and shall serve and con.
tinue in Office until their successors
shall have been elected. A failure to
elect Directors, as above specified, shall
not dissolve the corporation, but the
Board of Directors shall continue to
act until an election is held, which
shall be as soon as may be after notice
as above provided. Vacancies occurring
in said Board from any cause whatsO-
ever shall be filed by the remaining
Directors, and any director who may
leave the State temporarily may appoint
in writing, another stOckhOlder to act
as his proxy on said Board and exercise
for the time being all the powers OF such
absent Director. Two Directors shall
constitute quorum for the transaction
of any business.
The said Board Of Directors Mt its
first meeting following the election in
esch year, shall elect from its nu aber
a President and Vice President. aatl
shall also elect Secretary and Treas
urer. The Board shall appoint from
tine to time, and dismiss at .leasure.
such officers. clerk, agents and other
employees as they may ,leem necessary
for the business and purposes Of said
corporation. and may Lake and estab-
lisli, as well as arsend and alter. all by
laws, rules aud regulations requisite for
che support and management of The
business of said company. Said Board
OF Dipec.ove shall have power and au-
thority to borrow money, execute mort
crges, issue notes or bonds. issue and
deliver full paid share. Of stock or
bonds, or obligations of said cocipa,y ut
not less than par, in payment for labor
and services. property, rights. etc. &C
tually rendered to or received by said
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