St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1901-09-14
CHARTER.

CHARTER.
State of Louisiana, Parish of St. Tam
many, Town of Covington.
BE IT KNOWN, That Oh this, til,
9TH day of July, in the year of our Lord
one thousand nine hundred anC
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 fol-
said Parish and State therein residing,
and 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 we'll as such persons who
may hereafter become associated with
them or succeed them, to form and con-
stitute a 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
ton, 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
inston, Louisiana. 1t 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 1t is hereby declared to be: 10 i'm
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,
($25,O00) divided into and represented
by two hundred and fifty (!5O) shares
Of one hundred (lOO) dollars each, pay
lble In such manner as the Board of
Directors may determine. The corpo-
ration to begin operation as .soou as
I've thousand (50OO) dollars shall. have
been subscribed. -
ARTICLE FOUR.
The corporate powers OF this cOrpo-
,Oration shall be vested in and exer-
Used by q board OF seven directors, com
POSED of stock holders, four members
II which board shall constitute u
Quorum for the transaction of all BUSH
less. The officers of the corporation
hall be President, Vice President.
IL :retary and Treasurer. The first
s0rrd OF Directors Of this corporation
re hereby declared to be Henry j.
'mitl, Sandy ID. Bulloch, Hardy II.
'mitb, G. II. Bickham, Leon Roubion,
:. ). +. Darlington and j. B. Workman,
With the said Henry J. Smith as Presi-
ent, Sandy D. Bulloch as Vice Presi-
ent, G. H. Bickham as Secretary, and
lardy II. Smith as Treasurer. Which
aid Board of Directors and, officers
hall hold office until the first Monday
! June, 1902, at which time and annu-
lily thereafter, shall be AN election of
lrectOrs by the stockholders thereof,
'hich board upon taking their, seats
hall Immediately elect from among the
President, Vice Presi-
cnt, Secretary and Treasurer. The
lid board shall have the power to fill
u vacancies occurring thereon for the
ncxpired term of such board. The q
ecretary and all employees of this
,rporation snail hold office at the
easure of the board. All meetings of
le stockholders shall be held after ten {
iys notice thereof in writing to each
OckhOlder at his last known domicile
7 mail. The said board shall have
'wcr to make any bylaws, rules and =
gulations for the government OF this
as they may deem best,
|aDge, amend or repeal the same ut Il
eaSure. 81
ARTICLE FIVE. r
Whenever this operation shall be dis
lived either by limitation or other
se, its affairs shall be liquidated by
70 commissioners selected by the T
ockholders ut u general meeting con-
ned for that purpose after due notice
above provided. Each share of stock r.
this corporation shall be entitled to
e vote and majority Of the votes
st shall decide all matters voted for.
the event of death, or failure to act, "
either one of the said liquidating
the remaining COM :
ssioner shall continue to act alone. 4
ARTICLE SIX.
This act OF Incorporation may be
anged, altered or amended, or this
operation may be dissolved, by u vote
the majority Of the stock at a general
eting called for that purpose after
l dsys prior notice IA above provided,
, said notice to contain the object of
III meeting