St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-10-25

- l.. n VI III AIN I TAhlNE1
w &. KENTZEL.
EDITOR AND PRoRR1EroR
OH ARTER.
Or
CONVICTION sAN1TAR1uM AND
HOTEL COMPANY, LIMITED
United States of America, State of
Louisiana, Parish of St. Tammany,
Town of Covington.
BE 1T KNOWN, That on this LIST
Gay OF September in the year of our
Lord, one thousand nine hundred and
two, and of the Independence q the
United States of America the one hun
dred and twenty before me, H.
Y. Warren, Clerk of Court and Exofficio
Notary Public in and for the Parish of
st. Tammany, La, duly commissioned
and qualified, and in the presence of the
) witnesses hereinafter named and under
Il signed, personally came and appeared
DIR. George X. Pratt, and Nicholas Bow
ling residents of the city of New Or
leans, and DR.. Frank G.. Marrero, Will
liam p. Ames and H. r. Warren, resi-.
fdents of the Parish of St. Tammany,
4 Louis IL. MarrerO, Jr., resident of the
Parish of jefferson and Albert Estopi.
nal, resident of the Parish of St. Bernard
who declared that availing themselves
of the provisions of the laws of the
State 0f f~r h.;
successors AMI assigns, they do hereby
form themselves into o corporation as
follows:
Article l.
The name and title of said corpora
ton shall be the CONVICTION SAM
TARIUM AND HOTEL COMPANY
LIMITED, and its place of domicile
shall be in the town of Covington, in
the Parish of St. Tammany, State OF
Louisiana. Said Corporation shall ex-
lst for term of ninety-nine years I'M
less sooner dissolved by vote of two
thirds of the stock, ut meeting speci-
ally called for that purpose.
Article IL.
The objects and purposes of this Cor;
poration are declared to be to build,
AuAAASu3 CYuIp, OpCA 0tC a
Sanitari UNI and Hotel in the Parish of
st. Tammany, for the attraction of the
public and it's comfort, pleasure and
. amusement, and it shall have power to
hold, receive, have, purchase, Improve,
ALLEVIATE, convert, sell, borrow, pledge,
mortgage and hypothecate under its
said corporate name property, real per-
sonal and mixed. And it shall have
power to lease, aud rent property, real
and personal, and pledge and hypothe-
cate, to name and appoint such manag
ers, directors. officers or agents as the
interest Of said corporation may require
and to establish such by laws, rules and
regulations for the proper management
of the officers of said corporation as
may be necessary and proper, and the
same to alter at pleasure; and generally
to do and perform all such acts as may
be proper and necessary to carry out
and execute the purpose of this corpo-
ration.
Article Ill.
Section 2. The election shall be by
ballot and held at the office of the Cor
poration, under the super vision of three
commissioners to be appointed by the |
Board OF Directors; ten days prior no.
ticeyof said election shall be givhn by |
publication in daily paper published |
in the Parish of st. Tamm"ny. Should |
there be no dolly paper published in the
Parish of st. Tammany said notice shall
be published by two insertions in any
weekly newspaper published in said
Parish. Each share of stock shall be
entitled to one vote cast either by the
owner or by proxy, and majority of
the votes cast shall elect.
Section 8 Failure to elect Directors
at the time of regular meeting fixed
herein for the election of Board of
Directors shall not dissolve the COrpO-
ration, but the Board of Directors shall
issue call by publication for another
meeting, and in the event that under the
next call new Board of Directors be
not elected, the then Board of Dlrec-
tors shall serve until their successors
are duly elected and qualified.
Section 4. Vacancies occurring in the
Board shall be filed by the remaining
Directors and three 90 Directors shall
constitute quorum for the transaction
OF business. At the first meeting fol-
lowing each election, the Board of Di-
rectors then elected shall elect one Of
their number to be President, one Vice
President, one oectretary, one Treas
urer, or one of their number to be both
Secretary and Treasurer and one Man
ager. And the Board Of Directors may
appoint from time to time and dismiss
at pleasure such clerks, agents or other
employees as may be deemed necessary
bv them for the purposes and business
Of the Corporation. They shall have
power to do any and all acts proper,
necessary and incidental to the con-
duct OF the business Of the Corporation;
may make, and from time to time,
amend such bylaws. rules and regula-
lions as they may deem proper for the
conduct and management of the busl-
ness of the Corporation, and shall have
power and authority to contract debts,
borrow money, issue notes. bill Of ex-
change, acceptance of bonds, and exc
The capital stock of this Corporation
IS hereby fixed at the sum of Two Hun
lred Thousand Dollars ($2OO 600 0O)
represented by Two Hundred Thousand
,2OO,0OO) Shares, of the sum of one
Dollar {$l.O0) each, to be paid tor III
;ash or ten per cent monthly. Stock
nay be issued in return for the labor
lone, money or property actually re
:eiyed, or services rendered.
This corporation shall commence
business as soon as Five Thousand
50, OO0) Dollars of Stock shall have been
for. Transfer of stock shall 4
'e made only ON the books of this Cor. =
'oration subject to such rules and
equations as the Board of Directors 4
nay prescribe.
Article w.
Section ]. All of the corporate powers
4 this corporation shall be vested in
nd exercised by Board Of niractors