St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-10-04
cHARTER.
CONVICTION SANITARIUM AND
HOTEL COMPANY, LIMITED
United States of America, State OF
Louisiana, Parish of St. Tammany,
Town of Covington.

BE IT KNOWN, That on this LIST
day Of September in the year of our
Lord, one thousand nine hundred aud
two, and of the Independence of the
United States of America the one hun
Z. Warren, Clerk of Court and ExotficiO
a 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
signed, personally came and appeared
DR.. George X. Pratt, and Nicholas Bow
ling residents of the city Of New Or
leans, and DR.. Frank G. Marrero, Will
liam z. Ames aud H. X. Warren, resi-.
dents of tie Parish Of St. Tammany,
Louis H. MarrerO, Jr., resident OF the
Parish of Jefferson aud Albert EstOpi.
nal, resident of the Parish of st. Bernard
who declared that availing themselves
of the provisions of the laws of the
State of Louisiana for themselves, their
SUCCESSORS AMI assigns, they do hereby
form themselves into 4 corporation rs
follows:
Y Article l.
The name and title of SAID corpora
ton shall be the CONVICTION SAM
TARIIJM AND HOTEL COMPANY
LIMITED. and its place of d0micile
shall be in the town of Covington. in
the Parish of st. Tammany, Stale OF
Louisiana. SAID Corporation shall ex-
ist for term of ninety nine years un-
less sooner dissolved by vote of two
thirds of the stock, ut Il meeting speci-
ol1v o11uH for that nnrnnsA
Article IL.
The objects and purposes of this Corr
poration are declared to be to build,
furnish, equip, manage and operate a
Sanitari UNI aud 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, and 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; aud 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 sllall be by
ballot and held at the office If the Cor
under the supervision of three
to be appointed by the
Board of Directors; ten days prior no.
tice OF said election shall be givhn by
publication in daily paper published
in the Parish of st. Tamm ny. Should
there be no daily paper published in the
Parish of st. Tammany said n"tice shall |
be published by two Insertions III an,
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 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 a call by publication for another
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 filled by the remaining |
Directors and three 80 Directors shall |
constitute a quorum for the transaction |
Of business. At the first meeting fol- |
lowing each election. the Board Of d.
rectors then elected shall elect one of !
their number to be President, one Vice. !
President, one SECRETARY, one Treas |
urer, or one of their number to be both !
Secretary and Treasurer and one Man |
ager. And the Board Of Directors may
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 oil 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- |
tons 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, acce ptance of bonds, and exc
The capital stock of this Corporation
is hereby fixed at the sum of Two Hun
dred Thousand Dollars $500 600 OO)
by%Iwo Hundred Thousand
O,OOO) Shares, of the sum of One
Dollar ($l.OO) each, to be paid for in
cash or ten per cent monthly. Stock
may be issued in return for the labor
done, money or property actually re-
ceived, or services rendered.
This corporation shall commence
business as soon as Five Thousand
(t5 ,OOO) Dollars of Stock shall have been
subscribed for. Transfer of stock shall
be made only on the books of this Cor.
poration subject to such rules and