St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1901-09-21

0oACu III VIC IOSLOMce al COylnTtOn
La. as second-class matter
CHARTER.
State of Louisiana. Parish of ST. Tam
many, Town of Covington.
BE 1T 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-Officio Notary Public,
duly commissioned and sworn IN for
said Parish and State therein residing,
ana IN the presence of the hereinafter
named and undersigned witnesses,
personally came and appeared, The
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, and bind
themselves as well 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
tion, shall be CONVICTION
WAREHOUSE AND COMMISSION
COMPANY, LIMITED, and shall exist
fol twenty-five years from this date,
with its domicile in the Town of Cow
ington, 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 in 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 as 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.
The capital stock Of this corporation
shall be Twenty-Five thousand dollars,
1926, OOO) divided into and represented
by two hundred and fifty (25O) shares
of one hundred (100) dollars each, pay
able in such manner as the Board of
Directors may determine. The corpo-
ration to begin operation rs soon as
five thousand $4,000 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 a
quorum for the transaction of all BUSH
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 II.
Smith, G. II. Bickham, Leon Roubion,
c. s. T.. Darlington and j. B. Workman,
with the said Henry J. Smith as Presi-
dent, Sandy u. Bulloch as Vice Presi-
dent, G. II. Bickham as Secretary, and |
Hardy II. Smith as Treasurer. Which |
said Board of Directors and officers |
shall hold Office until the first Monday |
n June, 1902, at which time and annu-
lilly thereafter, shall be an election of |
directors by the stockholders thereof,
which board upon taking their seats |
shall immediately elect from among the
President, Vice Presi-
lent, Secretary and Treasurer. The
Ill vacancies occurring thereon for the
term of such board. The
secretary aud all employees Of this
shall hold Office at the !
pleasure of the board. All meetings OF
lie SCOCkQ OluSTS Sudll De uclu alIcI Gcu
lhys notice thereof in writing to each
at his last known domicile !
" mail. The said board shall have
,ower to make any bylaws, rules and
equations for the government OF this
as they may deem best,
;hange, amend or repeal the same at
pleasure.
ARTICLE FIVE.
Whenever this operation shall be dis
olved either by limitation or other
wise, it's affairs shall be liqufdated by
wo commissioners selected by the
at a general meeting con-
,ened for that purpose after due notice
3 above provided. Each share of stock
i this corporation shall be entitled to
me vote and majority OF the votes
asst shall decide all matters voted for.
Il the event of death, or failure to act,
# either one of the said liquidating
the remaining COM
missioner shall continue to act alone.
ARTICLE SIX.
This act of incorporation may be
hanged, altered or amended, or this
may be dissolved, BY a vote
t the majority of the stock at general
meeting called for that purpose after
en- dsys prior notice as above provided,
4, la ,,n+;co IN contain the object of