St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1899-09-02

0ret0 80O JWe0ty.t0lIO,
Before me, Harrison B. Warren, Clerk
and ex-oficio notary public, duly COM
missioned and qualified in and for this
Parish and State, and therein residing,
and In the presence Of witnesses here
matter uamed and undersigned, person
ally came and appeared the several per-
sons whose names are hereunt0 sub
scribed, who respectfully declared that,
availing themselves of the provisions
Of an act of the Legislature of this
State, kno an - Act No. IS Of the Ses-
sion OF 1883, as well - those OF the
general laws Of Louisiana, relative to
the organization Of corporations, they
have coyenanted and agreed, and by
these presents do covenent and agree
to bind themselves and their successors
to form themselves into and constitute
. corporation for the objects and pur.
poses hereinafter named, and &c that
end, do hereby make, agree upon and
enter into the following articles Of in-
corporation, to-wtt:
Article /.
The name Of this corporation shall be
THE ABITA SPRING WATER CON-
PANY, LIMITED, iss domicile the town
of Covington, st. Tammany Parish, State
of Louisiana, and under its corporate
name, it shall enjoy succession for
ninety-nine years from date hereof, aud
have power to contract, sue and be sued;
to make and use D corporate seal; to
hold, receive and purchase, lease, i'm
prove and develope property, real, per.
sOnal and mixed; TO make contracts,
acquire franchises and privileges, and
to sell, lease, pledge, pawn, mortgage or
hypothecate the same; to borrow ana
lend money, to issue bonds, notes or
other evidences Of Indebtedness; to ap-
point such officers. managers, agents
and employees as its interest and con-
venience may require, and to make, al
ter and repeal such bylaws, rules aod
regulations for the proper management
of its affairs rs may be expedient.
Article III.
All citations and other Legal process
shall be served upon the President, or
in case of his absence, upon the Vice.
President of the Company.
Article Ill.
The objects and purposes Of this Cor.
poration is established, and the nature
of the business to be carried on BY It,
wre declared aud specified to bottle ana
vend water, either natural or manufac-
tured, to eject plants of any discrip-
ton necessary for such purposes In
full detail; to purchase and dispose
OF real estate, and erect buildings there
on of whatever character it may see mt,
and generally to perform all acts ano
things incident or pertinent to the OBJ
jects of said Corporation.
Article Nv.
The capital stock of the Company il
fixed at one hundred thousand dollars,
divided into one thousand lOOO) shares
of one hundred dollars ($l0O) each,
which shall be paid in cash, At par, q
its subscription, or to be issued full
paid, for property real or personal or
mixed, purchased by the corporation, or
for services rendered to the cooperation.
AS soon as fifty per cent ESQ per cent?
of the capital stock shall have been
subscribed, or issued, as provided, this
corpoation may commence business.
Article V.
All the corporate powers Of said cor
poration shall be vested In and exer-
cised by q Board of Directors composed
Of i've stockholders to be elected an
nually on the first Monday OF October
of each year; all such elections shall be
by ballot, aud conducted ut the Office of
said corporation under the shperintend-
ence of three commissioners to be ap-
pointed Dy the Board Ct Directors; and
Of which election ten days prior notice
shall be given in one of the Daily news
papers published ir the city Of New Or
leans, or notice by mail or otherwise
to each stakeholder. A majority of the
votes cast shall elect. and each share
of stock shall be etitled to one vote, to
be cast BY the owner, either in person
or by proxy. The directors thus elected
shall serve and continue in Office until
their successors have been elected. A
failure to elect Directors on the date
above specified shall not dissolve the
corporation, but then the Board Of Di
rectors shall cause another election to
be held within thirty days, whereof
ten days prior notice shall be given,
same as above speclaed. Vacancies &C.
curing in said board of directors from
any cause whatsoever shall be filled
bv the remaining directors. Three d.
rectors shall constitute quorum for the
transaction of any business; the board
of directors ut their frst meeting, fol-
lowing each annual election shall elect
one of their number to 10 President OF
said corporation, and another Vice
President thereof, and shall also elect
. Secretary and Treasurer, who may,
or may not be q member of the board.
The board shall have the power in their
discretion to unite the offices Of Secre-
tary and Treasurer In one person.
Said board Of directors may appoint
from time to time, and dismiss At pleas
ure such officers, clerks, agents and
other employees, as they may deem
necessary for the business and pur-
poses of said corporation. and make
and establish, az well as alter and
amend all by-lsws, rules and regula-
tioss requisite for the support and
of the business and Affairs
of said corporation. Said Board Of
Directors shall have full power and
authority to borrow money, execute
issue uotes and bonds, and
DO all things pertinent to the
objects and purposes of said corpora
ton, or which are or may be permitted
by the laws applicable 10 corporation;
Is also to issue and deliver full paid
shares of stock or bonds or obligations
Of said company ct not less than par In
payment Of labor done or money Dor
rowed, or property or rights actually
by said corporation.
Article vi.
Whenever this corporation may be
either BY limitation or from
any other cause, its affairs chall be
liquidated by three commissioners to be
appointed from amongst the stockhold-
ers 1T General meeting Of the stock.
holders convened for such purpose, and
! majority in amount Of the capital
stock of said company shall be requisite