St. Tammany farmer., 1901-09-07
One Dollar a Year.
~ Terms, CASH IN ADTAN..E.
CHARTER.

AN TX.
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State Of Louisiana, Parish of St. Tam.
many, Town of Covington.
BE IT KNOWN, That on this, the
9th day of July, in the year of our Lord,
one thousand nine hundred and
one, and of the Independence of the
United States of America, the one
hundred and twenty-sixth, before me,
Harrison Rankin Warren, Clerk OF
Court and Ex-Oficio Notary Public,
duly commissioned and sworn in for
said Parish and State therein residing,
and In the presence of the hereinafter
named and undersigned witnesses,
personally came and appeared, :he
parties hereinto signing, who severally
declare, that availing themselves of the
laws OF this state relative to the orgaDi-
zatlOn of corporations, have covenanted
and agreed and do by these pres
ents covenant and agree, aud bind
themselves as we'll as such persons who
may hereafter become associated with
them or succeed them, to form and con-
stitute corporation and body polite
In law for the purposes and objects
stipulated and set forth in the following
articles which they do hereby adopt as
their charter to-wit:
ARTICLE ONE.
The name and title of this Corpora
tioD, shall be COVINGTON
WAREHOUSE AND COMMISSION
COMPANY, LIMITED, and shall exist
fol twenty-five years from this date,
with its domicile in the Town of Cow
fnston, Louisiana. It may sue and be
sued, purchase and hold real and per-
sonal property, borrow money and give
proper evidence therefor. The Presi-
dent or III the event of his absence or
inability to act for any cause, then the
Vice President, and in the absence of
both, the Secretary shall be the proper
officer upon whom citations and legal
process shall be served.
ARTICLE TWO.
The objects and purposes for which
this corporation is organized and the
nature of the business to be carried on
by it is hereby declared to be: TO inn
port, export, buy and to sell as dealers
or merchants. to handle for commits.
sion or IS brokers, grain and produce,
or any other goods or merchandise,
necessary to carry on the business of
wholesale brokers and commission
merchants, and do everything Incl
dental thereto; they shall also be vested
with all the power and authority con-
ferred by law on like corporations as
though specially enumerated herein.
ARTICLE THREE.
Tie capital stock of this corporation
shall be Twenty-Five thousand dollars,
(825, ,OOO) divided into and represented
by two hundred and fifty (25O) shares
of one hundred [lD0) dollars each, pay
able in such manner as the Board of
Directors may determine. The corpo-
ration to begin operation as soon as
i've thousand (500O) dollars shall have
been subscribed.
ARTICLE FOUR.
The corporate powers of this cOrpo-
pOration shall be vested In and exer-
cised by board Of seven directors, com
posed Of stock holders, four members
OF which board shall constitute q
quorum for the transaction of all busi-
ness. The officers Of the corporation
shall be President, Vice President,
Secretary and Treasurer. The first
Borrd of Directors Of this corporation
are hereby declared to be Henry j.
Smith, Sandy D. Bulloch, Hardy H..
smith, c. III. Bickham, Leon Roubion,
Z. s. Il. Babington and ]. B. Wortham,
with the said Henry ]. Smith as Presi-
dent, Sandy ID. Bulloch as Vice 9resi-
dent. G. H. Bickham as Secretary, and
Hardy H. Smith as Treasurer. Which
suiH 1ln0 ri nf 1Nirop<1rS oMA 1f3oorc
shall hold office until the first Monday
ally thereafter, shall be an election of
directors 10y the stockholders thereof,
which board upon taking their seats
shall Immediately elect from among the
stockholders President, Vice Presi-
dent, Secretary and Treasurer. The
said board shall have the power to fill
all vacancies occurring thereon for the
unexpired term of such board. The
Secretary aud all employees of this |
corporation shall hold. office at the !
pleasure of the board. All meetings of !
the stockholders shall be held after ten
dhys notice thereof in:writing to each
stockhOlder at his last known donicile !
by mail. The said board shall have
power to make any bylaws, rules and |
regulations for the government of this
corporation, as they may deem best,
change, amend or repeal the same at
pleasure.
ARTICLE FIVE.
Whenever this operation shall be dis
solved either by Limitation or other.
wise, its affairs shall be liquidated by
two commissioners selected by the
stockholders ut a general meeting con-
vened for that purpose after due notice
rs above provided. Each share of stock
Of this corporation shall be entitled to
one vote and u majority vi the votes
cast shall decide all matters voted for.
In the event of death, or failure to act,
of either one Uf the said liquidating
commissioners, the remaining com
missioner shall continue to act alone.
ARTICLE SIX.
This act OF incorporation may be
changed, altered or amended, or this
corporation may be dissolved, by vote
of the majority Of th.s stock. At q general
meeting called for that purpose after
ten dsys prior notice "A above provided,
the said notice to contain the object of
suclt meetiHg...
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