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

case VI MS aUScuCc OE luADlllCy CO dCt,
upon the Vice President. The Presi,
dent shall b. the executive officer OF
the corporation, and shall preside at ali
the meetings of the Board of Directors
and stockholders.
Article Ill.
The objects and purposes for which
this corporation Is established and the
nature of the business to be carried on
by it ave hereby declared to be: 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 aud 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
Ats 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, aud 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 corporate seal, the same to break
and alter at pleasure; hold, have, re-
ceive, purchase, convey, sell, mortgage,
hypothecate, pledge, lease, sub-lease
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 it's 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
CT 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 Isl ued full paid. for money advanced
and for such other valuable considers
tlon or service as the Board :of Direc-
tors of 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
tions by or meetings Of the Stockk,,ld-
ers each share of Stock shall be entitled
to one vote to be cast by the person in
whose name tile stock appears on the
or proxy, duly authorized to that effect
In writing. q
Article vi
Nc stakeholder shalt have anthorits
or right to sell or otherwise dispose Of
Ills stOck III whole ar in rnr. without
first giving to tire, i;oar.! bf Di,e..iors III
teen days notice in writing. q: his inteI,-
tiol or desire to .iiSr,s+ of his stock or
II l"'t thereof ant. allowing the Bour.i of
Directors or III lis .:et.,,it .ny, stock.
holder The irst opportunity .: purchase
ing said stock. after whiuh fifteen Gays
the sal: stock may bS sold in Opt n
market. The stock of snid corlorntion
may he transferred nnder the ab3ve
conditions. provided snch transfer there
Of be made on the looks of said corpo.
ration ut its Office III Pearl River, this
State, and on surrender Of the certiti-
cate therefor. No transfer II any flno-
tiOnMl purt OF = share shall be made.
This Orrorati0n shalt c,n II encs doing
BUSINESS MS ..ot,n as seq. n thousand ,inI-
hrs Of the ca u..l ~ OK shall have been
subscribed for. tn. I!oasi Of Directors
shall have the right IL determine how
.i.,ci, stock stall be- iss,,ed.
Article VII.
The business affairs n',l CORPORATE.
powers Of this corporation sta:l he
Transacted Ivy u !.our.l II Directors to he.
composed three stockholders. which |
nnMber may Ee i creased to five ut the
discretion of the Board Directors
No person shall br eligible A ~ director
or officer ~ herein provided in this
charter, who il not stock::older ot this |
CORPORATION. he members Of the B,mrd |
III Directors shall be elected BY 1, ma.
jority Of tile votes 1T The Stockholders |
cast ut meeting ~ be held for that p,,r-
pose each year. The following persons
shall constitute the first Board Of Iii
rectors: g. q. Blake, L. y. Heideilmch /
and Il. q. Penn. y i'd Board shall con-
tinue in Office until Wednesday. Angus,
2lst 1902. or until their successors are
On which DIV. ard there after
annually an election for Directors shall |
be held 1T the office q: the cor .oratlor
after fifteen days notice thereof shall
have been given BY publication il one
0: the newspapers published in the
Parish Of st. Tnmmany by two pnbli-
cations thereof during said time. A
failure 10 elect directors on the date
abov. IN sntioned shall not dissolve this |,
but, the then existing Bo:.rd
Of Directors shall ccntinue to hold Office,
and another election shall be held ~
soon thereafter IN practicable. of which
notice shall be given il the manner al
ready provided for notice of meetings.
Every .oard Of Directors shall elect 4
President. and Vice President. who
shall also BE- Treasurer of ssid corpora
lion, from among their own number.
The Offices AZ herein created shall be
Tiled for the ensuing year 81; follows:
+. =. Heideibach. President; G. q. Blake,
Vice President and Treasurer.
Article VIII.
Any vacancy occurring in the Board
# Directors from any cansu shall be
illed by the remaining members Of the
- S E~A n. II