St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-05-24

sess and exercise all the powers Incl
dent to corporation and necessary to
carry out the purposes for which it has
been organized. 1t may have seal with
such device and inscription as the Off
GERS of the corporation may may adopt.
Article VIII
No debts shall be created in any one
year in excess OF the actual revenues of
said year, unless by consent of a ma
jority of the members ut Il meeting of
the corporation.
The Board of Directors shall have
power assess aud to collect such admis
sion fees and annual dues or assess
ments, "a shall be prescribed by the by
laws or authorized by the corporation.
No stock holder or member shall be
held liable or responsible for the debts,
contracts Or faults of said corporation
beyond the amount OF any dues Or as
sessments which he may owe for the
current year.
Article TX
All acts and obligations of this cor
poration shall be authenticated by the
signature of the President and of the
Treasurer.
Article *
These articles shall not be altered ex-
cept at special meeting called for
that purpose, after due notice given as
provided in Article ~, designating in
writing the article or articles that it Is
proposed to change; and 1t shall re-
quire two.thirds Of q legal quorum to
alter or amend any article; provided
toll half no
amended at an annual meeting, unless
seven "a days notice Of such proposed
amendment has been given in the man
ner provided in Article vi.
Article Nj
The dissolution Of this Corporation
may be proposed at any general meet
ing at which notice of such dissolution
has been given, Us provided in Article
vi, or at any special meeting called for
the purpose of efectiDg such dissolu-
ton, aud the vote upon the question Of
dissolution shall be by ballot, the vote
upon such question to be held from
A. NJ. to 10 T. NJ. upon the day on
when such meeting Is called. In case
of . vote on such dissolution, ma
jority Of the votes cast shall determine,
provided that at least one half of the
stock holders shall have participate,
In such vote.
Article XII
Uuon the dissolution of this corpora
ton, by the expiration of this charter
or otherwise, its affairs shall be liqui-
dated by three commissioners, all OF
whom shall be stock holders t. be
elected by the stockholders at a meet
ing especially called for that purpose.
Such commissioners shall immediate.
" proceed to wind up the affairs of the
corporation, ami after the payment Of
its liabilities, shall distribute any re-
naming funds equally among the stock
holders.
In testimony whereof, the said per-
sons have heTeuntO set their hands III
the town of CovingtOn, st. Trmmany
Parish, Louisiana, ~ the presence Of
Il, ID. Kentzel and W. +. Blossman,
competent witnesses, and me, notary,
the day and date first above written.
Original signed:
Jos. Delery, X. j. Frederick, Fred
lily, N. q. Pearsall, +. Jahncke, W. II
Krone, Jas. Provost, b. NJ Miller, IL
4. Ellis, +. NJ. Burns, J. NJ. Thompson
4. J. DOmergue, Jr., IL Il Warren, J.
L. Smith, II. Z. Ramos, L. u. brewster
Thos. Brulat0ur, V. II. Frederick, (.
Z. Williams. J. + Nilsson, Il A Leonvat
G = + Babington, J > Jones, Jos Bar.
rere, Jr., b Kent, L Medal, + G
Marrero, NJ. d, N M Hebert, NJ. ID
w A Dixon, Jake Stern.
Witnesses:
Il. ID. kentzel
w. +. BlOsyman
H. II. WARREN,
Clerk and Ex-ufficiO Notary Public