St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1901-09-28
CHARITIES.

BE 1T KNOWN, That ON this twen-
ty-hrst day OF August, in the year of
Our Lord, One thousand Nine Hun
dred and One, and of the Independence
OF the United States cf America, the
one hundred and twenty sixth, before
me, Joseph Bradford Lancaster, a
Notary Public, in and for the Parish
OF St. Tammany, State of Louisiana
aforesaid, duly commissioned and quail
fled, and in the presence of witnesses
hereafter named and undersigned, per-
sOnaliy came and appeared the parties
whose names are hereuntc subscribed,
all of full age, who declare that,
availing themselves of the provisions
Of the laws relative to the organization
of corporations for manufacturing and
for other purposes they have covenated
and agreed, and do by these presents
covenant and agree, aud bind them
selves. as well as such other persons
as may hereafter become associated
with them, to form and constitute o
corporation and body polite in law
for the purposes and objects and under
the stipulatiOns. articles and conditions
following, to-wit:
Article L.
The name and style of this corpora
tion shall be Pearl River Manufacturing
Company, apd by that name it shall
have powerand authority to exist and
enjoy succession for the full term aud
period of twenty-five years from date
hereof. unless sooner dissolved.
Article II.
The domicile of this corporation
shall be in Pearl River. St. Tammany
Parish, State of Louisiana. All cita-
tions ana other legal processes SHAH
be served upon the President, and in
case of his absence or inability to act,
upon the Vice President. The Presi-
dent shall be- the executive officer of
the corporation, and shall preside at all
the meetings of the Board of Directors
and stOckh olders.
Article Ill.
The objects and purposes for which
this corporation is established and the
nature of the business to be carried on
by it are hereby declared to he: To
make and manu- facture lumber and all
articles of wood and wooden ware, and
to construct same, and to that end to
acquire. own, hold or lease lands, tim
Der and lumber and the products of the
same; to acquire, own, hold or lease,
and to operate saw mills or other man
ufactories of lumber or articles of
wood or wooden ware, and the machin-
cry or other articles, appliances or out
fits necessary to operate the same; to
sell, mortgage, pledge, lease, suitcase,
or otherwise dispose CT cucumber the
property, real and personal or mixed of
the corporation or the products there
of. and do all such acts and things as
may be necessary or proper to carry
out the objects and purposes of this
corporation
Article w.
This corporation may sue or be
sued in it's corporate name; make and
use Il corporate seal, the same to break
aud alter at pleasure; hold, have, re-
ccive, purchase, convey, sell, mortgage,
hypotllecate, pledge, lease, suitcase
and enjoy real, personal and mixed
property; also borrow and lend money
and make contracts; make and estab-
lish such bylaws, rules and regulations
as may be necessary, and the same to
alter and change at pleasure; and shall
possess all the rights and privileges to
which corporations are or may be
authorized and entitled to possess.
This corporation may exercise its cor
porate powers within any other State
or territory Of this Union.
Article V.
The capital stock of said corporation
shall be Fourteen Thousand Dollars,
divided into and represented by One
Hundred and Forty Shares, of the sum
If One Hundred Dollars Each, which
said stock shall be paid for in cash, at
the time of subscription, or the same
may be issued, at not less than par, in
payment or exchange for property or
rights actually received or purchased
by said corporation, or the same may
be issued full paid. for money advanced
and for such other valuable considera-
tiOn or service as the Bourd sOf Direc-
tors Ut faid corporation may determine,
provided, that no stock shall be issued
until consideration therefor has been
received by said corporation. Said
shares Of stock shall be signed by the
President and Treasurer. At all cleo
ii ms by or meetings Of the Stockhold-
ers each share of Stock shall be entitled
to one vote to be cast by the person in
whose name the stock appears on the
books of the corporation or b, his agent,
or proxy, duly authorized to that effect
in writing.
Article vi
Nc stakeholder shall have authority
or right tn sell or otherwise dispose Of
Ais stock ii whole ar in part without
first giving tn the Board OF Directors tif-
teen days notice in writing, os his 'nten-
ton or desire to dispose OF his stock or
part thereof AMI allowing the 6oarl of
Directors or in it's default my stock
holder the irst opportunity o: pnrchas-
ing said stock. after which fifteen Gays
the sal stock NAV be sold in OPEN
market. The stock of said corporation
may he transferred nuAer tho above
provided suci, transfer there
III he made on the hooks Of said corpo-
ration al it's office III Pearl River, this
state. and on surrender Of tie c.rtiti
,ale therefor No transfer Il any fac
iona. part OF share shall be made.
hi. CORPORATION shall com IL nca doing
MS ness rs soon MS seven thousand dol
nrs Of the ca. it'll st eek shall have been
subscribed for. The Roarl Of Directors
hail hive :lle right to determine how
much stock stall be issued.
Article VII.
The business af.irs a..i corporate
overs OF this corporation shall be
transacted Ivy Board u Directors to be