St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1899-01-07


The name and title Of this corpors-
-tion Is declared to be the ST. TAM
MANY BRICK COMPANY, LIMITED.
and under Its corporate name shall have
power and authority to have and enjoy
succession for the full period and term
OF ninety mine years from date hereof;
to contract, sue and be sued In its cor
pOrate name, to make and use q corpO-
rate seal, to hold, receive and purchase
real and personal property, contracts,
franchises and privileges, and to sell,
mortgage or pledge the same; to borrow
money and issue bonds; to appoint such
managers and directors as its interests
and convenience may require, and to
make such bylaws, rules and regula-
lions for the proper management and
expedition Of Its AFFAIRS, ~ In the judg-
ment OF the Board Of Directors may be
necessary and proper.
Article III.
The domicile of the said corporation
shall be at the Parish of St. Tammany,
State of Louisiana; and all citations and
other legal process shall be served upon
the President, or In case Of his absence,
upon the Secretary Of said Company.
Article Ill.
All the corporate powers OF said cor
pOrati0n snail be vested i'm and exercised
by Board Of Directors composed of
three (3) stockholders, to be elected
annually ON the flrst Monday Of January,
nineteen hundred $500. All such
elections shall be by ballot, and con-
Quoted ct the Office of the corporation
under the supervision Of two commits.
sioners to be appointed by the Presi-
dent for that purpose, of which election
ten (lO) days prior notice shall be given
by the Secretary to each stakeholder,
by notice sent to him by mail or other
wise, and directed to his domicile or
place Of business; and each share Of
stock shall be entitled to one vote to be
cast by the owner either In person or
by written proxy. The Directors thus
elected shall serve and continue I'm ONCE
until their successors shall have been
elected. A failure to elect directors
on the date above specified ehall mot
dissolve the corporation, but the Board
of Directors shall continue to hold their
ohice until their successors shall have
becn'elected.
The first Board Of Directors shall he
of CHARLES MENDELsoN,
MAURICE J. HART and PRESTON r. HALL.
Vacancies occurring In said Board from
any cause whatsoever shall be filed by
the remaining directors; and any d.
rector who may be compelled to be alb
sent from this State may appoint, under
another stakeholder IS his
proxy on said board and exercise for
the time being all the powers of such
absent director. Two (2) directors
shall constitute quorum for the trans
action OF any business. The said Board
Of Directors shall make all bylaws,
rules and regulations for the govern
ment Of the business and Affairs Of the
and alter, amend and change
the same at pleasure. They shall also
have full power to buy, sell, mortgage
aud pledge any and all property, real or
psrs0nal, whenever In their judgment
they may deem such acts necessary or
proper; hire, employ and dischar~e all
agents. employees, and clerks;
and fix al salaries and compensatious,
md generally to do all things necessary
10 the Transaction Of the bushes and
anairs OF the Company.
Article ".
Ehe objects and purposes Of this cor
20 ON are hereby declared to buy,
selI IND deal In bricks, tiles, terra Gotta,
'aud, lime and building material gener-
lilly, to manufacture bricks, tiles and
material, to erect, own and
maintain and operate brick yard and
lie factory and to carry ON any and all
'uch operations - may be proper and
1ecessary In the aid Of the business Of
he corporation - herein stated.
Article v.
The capital stock of,thss corporation
s fixed At Fifty Thousand Dollars $780, |
700 OO), divided into 1--we hundred (5OOl
lhares Of the par value Of one hundred |
800 0O) dollars each.
The certificates Of shares of capital |
'tock may be issued In accordance with
he Constitution OF the State of LOUISE |
ms, Tor cash, or for work dcne or |
'ervices rendered to the Company or In |
.cquisition Of property necessary for
ne Company, and may be issued by the |
hoard Of Directors when In their iudg- |
nent It - necessary aud proper.
And shall be issued 1t such times |
nd upon such terms Of payment d the |
soard Of Directors may determine.
Article vi. :
The Company may begin business and
hall be declared q going concern when |
me hundred (l0O) shares Of the capital
tOck aha11 hNva hoo~ ~uR,orr3I~n<y
Article VII.
The capital stock of this corporation
nay be decreased or increased by q vote
1 the stOckh0ldes Of the corporation ut
general meeting Of the stockholders
allied Tor that purpose In the manner
nd after the publication and notice
r0vided by Law.
Article VIII.
The officers Of said corporation shall
e President and o Secretary and
treasurer. Charles MendelsOn shall be
and Preston +. Hall shall be
ecretary and Treasurer. and these
Ulcers shall hold their Office until the
rst Monday Of January, 1900, or until
heir successors are elected and quali-
ed.
Article. TX.
Whenever this corporation IS dis
0lved, either by limitation or by any
luse, Its Affairs shall be lipuidated byl
no commissioners selected by the
convened for that purpose.
tier ten days prior notice thereof shall
ave been given by the Secretary to
lcn stakeholder. by notice sent to him
mall or otherwise, and directed to
Is domicile or place Of businesy. and
: vote Of majority Of the capital
;ock Of said company. The said Conn
issioners shall remain in Office until
'e a3airs Of said corporation are fully
quidated; In case Of death Ut either
said commissioners the survivor shall ,
)ntfnue % net alone.
Article x