St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1899-09-30

by the remaining directors. Three d.
reetoss shall constitute quorum Tor The
tyansaction Of any business; the board
Of directors Ut their Aest meeting, l0l.
lowing each annual election shall e)ece
one Of their number to he President Of
raid corporation, and another VICE
President thereof, and shall als0 e!ect
= Secretary and Treasurer, who may,
or may not b. . member OF the board.
The board shall have the power in their
discretion to unite the Offices Of Secre-
tary and Treasurer In one perDos.
Said hoard Of directors may appoint
from time to time, and dismiss ut pleas
ure such officers. clerks, agents and
other employees, a they may deem
necessary for the business and pur-
poses Of said corporation, and make
aud establish, ~ we1l as alter and
amend all by-lsws, rules and reguIa-
tions requisite for the support and
Of the busi1ess aud a6atSr
of said corporation. Said Board Of
Directors shall have full power sDnd
authority to borrow money, execute
mortgages, issue notes and bonds, aud
generally do all thiags pertinent 10 the
objects and purpose Of said corpora
ton, or which are Or may be permitted
by the laws applicaoa- TO corporate q;
n also to Issue and deliver full paid
shares of stock or bonds or obligations
Of said company ut not less than par In
payment of labor done or money boz.
rowed, or property or rights actually
received bv said corporation.
Article vi.
Wheuever this corporation may be
dissolved, either bv limitation or from
any other cause, It's affairs shall be
iiquidated by three commissioners 20 be
appointed from smongss the et0ckh0ld-
ers ut . General meeting OF the stock.
holders convened for such purpose, and
Q majority In amount Of The capital
stock of said company shall he requisite
to elect. Said commissioners shall re.
main In Office until the Affairs of ssid
corporation shalt have. been fully settled
and liquidated, and In ease Of the death
of one or more Of sold commissioners,
the vacancy shall be filled by election
by the surviving commissioners.
Article VII.
This act f incorporation may be chDGcd,
nodded or altered, or said company
may be dissolved with the asset Of three.
f0urths Of the stock represented at any
general meeting Of the stockholders
convened for such purpose, after thirty
days. previous notice shall have boon
advertised IN Que Of the daily news
papers published In the city Of New
Orleans. and = notice mailed to each
stakeholder.
Any changes made concerning the
issuing Of more Of the capital stock
than Is issued at the time Of 0rganiza-
ton shall require thirty days notice Ia
one of the daily newspapers published
In the city Of New Orleans; or . written
notice to each stakeholder, and &C.
acknowledgement from them Of Its ri
ceipt.
Article VIII.
No stockholtier shall ever be held
liable for the contracts or faults OF said
corporation in any further sum than TIKI
unpaid balance due on the shares Of th<
stock owned By him, nor shall any mere
informality. IN organization have thu
effect of rendering this charter null
nor Of exposing . stakeholder to an,
liability beyond the amount due on hi
stock.
Article IN.
Gordon 8. OTme, Jno. Poitcyent, Franl
B. Haync, William ] Poitevent and H
]. Led0ux, with Gordon 3. Ormc .
Preaident, and Frank b. Hayne, VIC
President, have been chosen and se
lected ~ the first board Of Directors o
said Corporation, to serve as such nm
til the drst Monday in October, 1900
or until their successors shall have beel
elected and qualified.
Thus done and passed In my Office
in Covington aforesaid, in the presenc
Of w. w. Word and N. g. Pcarsall
both Of this town, who hereunt0 sig
their names with the parties and me
the said notary, the day and date afore
said.
| (Original Signed.)
| Gordon 8. Orme,
| Frank b. Hayuc,
| w. J. Poitevent,
i John POitevent,
/ H. j. Ledoux,
i Witnesses:
| W. w. Word,
i N. g. Pearsall.
/ (SeaD II X. WARREN.
j Clerk and Ex-Onlcio Notary Public
>ixteentL Judicial District Oo1rt q
i Louisiana. in and fov thu Parrish d
st. Ta:nmeny.
/, the undersigned. Recorder @
Mortgages in and for the Parish of 81
Tammany, State Of Louisiana, do herr
by certify that the above and foregoin
} act Of incorporation Of THE ABIT.
SPRING WATER COMPANY, LIMIT
ED, was this dav duly recorded In m
oflice, in book sc" folio go, Covipa