St. Tammany farmer., 1901-08-24
Ave thousand (5ooo) dollars shall have
been subscribed.

ave thousand (5O00) dollars shall have
been subscribed.
ARTICLE FOUR.
The corporate powers OF this corpo-
poration shall be vested in and exer-
cised by q board of seven directors, com
posed of stock holders, four members
OF which board shall constitute .
quorum for the transaction of all busi-
ness. The officers of the corporation
shall be q 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. H.. Bickham, Leon Roubion,
C. s. Il. Babington and j. b. Workman,
with the said Henry J. Smith as Presi-
dent, Sandy d Bulloch as Vice Presi-
dent, C. H. Bickham as Secretary, and
Hardy H. Smith as Treasurer. Which
said Board of Directors aud officers
shall hold Office until the FIRST Monday
in June, 1902, at which time and annu.
ally thereafter, shall be an election of
directors by 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 I'LL
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
BtOckhOlder at his last known dOmicile
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 at a general meeting con.
vened for that purpose after due notice
as above provided. Each share of stock
of this corporation shall be entitled to
one vote and majority OF the votes
cast shall decide ali matters voted for.
In the event of death, or failure to act,
of either ono of 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 the stock at q general
meeting called for that purpose after
ten dsys prior notice IA above provided,
the said notice to contain the object of
such meeting.
ARTICLE SEVEN.
No stockhoIder of this corporation
shall ever be held liable for the faults
or contracts of this corporation beyond
any unpaid balance due on the shares
of stock owned by him IN this corpora.
tion; nor shall any mere informality in
organization have the effect of render
ing stockholder liable beyond the un-
paid balance due ON stock owned BY
him, or of annulling this charter.
Thus dore and passed in my Office, al. j
Covington. Louisiana, on the day,
month and year herein first above writ
ten, In the presence of E. ]. Domergue,
.Jr. and Thos. NJ. Burns, competent
male witnesses, who hereunto sign
their names with the other appearers
and me, Notary, after the reading of
The whole.
Original signed.)
Roubion & Stroble,
per l.. Roubion.
Bickham, Magee & Co.,
per G. H. Bickham.
Preston Burns.
w. j. Warren.
Hardy H. Smith.
H. j. Smith.
z. ). E. Babington.
S. d. Bulloch.
Witnesses:
=. ]. Domergue, Jr.
rhos. NJ. Burns.
a H. r. Warren,
Clerk, and Ex-Omcio Notary Public.
State of Louisiana-Parish of st.
Tammany.
l hereby certify the within and FORE
going to be truly recorded in mortgage
oook "H," folio's 437, 43S, 439 and 40.
Given under my hand and seal of
,fl1ce this 18th day of August, 1901.