St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-10-11
tNfsFFFx



W1rELr@MF&sF tEM4tEh
NniHH ~fssFs 1T Aatss. ssfe "a
t~A#Ana rAFsH M ~ Esf#m a4
fnNn II r"tiaEins.
BE III KNOWN. That "a this ~
aat uf September in the year of our
isafd, uuc thousand niue hundred and
Iwo, aud Of the Independence of the
United States II America tae one ABn
drea and tweuty-~cycnlh. before the. III.
Y. Warren. Clerk of Court aud Exoiilcio
"a Notary Public in and for he Parish Of
81. Tanmany, La. duly commissioned
and qualified. and in the presence Of he
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
Jeans. and DR.. Frank G. Marrero, Will
fam Z. Ames and H. Il. Warren. resi-
dents of TIE Parish of ST. Tammany,
Louis II. 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 of Louisiana for themselves, their
successors ami assigns, they do hereby
form themselves into Il corporation as
follows:
Article |.
The nane and title of said corpora
tion shall be the CONVICTION SAM
TAKIUM AND HOTEL COMPANY
LIMITED, and it's place of dOmicile
-, Of in,
the Parish of st. Tammany. Stare OF
Louisiana. Sand Corporation shall ex-
list for il term of ninely-nine years uu-
less sooner dissolved by II vote of two
thirds Of he stock, at a'lneeling speci-
ally called for that purpose.
Article IL. 4
The objects and purposes of this Corr
poration are declared to be to build.
furnish, equip, manage and operate Il
Sanitari UNI and Hotel in the Parish of
St. Tammany, for the attraction Of the
public and its comfort, pleasure and
amusement, and it silallfhaye power, to
hold, receive, have, purchase, improve,
ALLEVIATE, convert. sell, borrow, pledge,
mortgage pnd hypothecate ubder its
said corporate name property, real per-
sonal aud 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 ard 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 # the Cor
p ration, under the supervision of three
commissioners to be appointed by the
Boardtof Directors; ten days prior NJ
lice OF said election shall be givhn by
publication in "a daily paper published
in the Parish of It. Tamm ny. should
there be no Gpily paper published in the
Parish Of st. Tammany said u tice shall
De published by two insertions in 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 3 Failure to elect Directors
at the time of regular meeting fixed
herein for the election of Board OF
Directors shallnot dissolve the Corpo-
ration, but the Board of Directors shall
issue a call by publication for another
~, r. ,.,n n,,t% n1.Ar hal
next call new Board of Directors be
not elected, the then Board of Dlrec-
tors shall serve until their successors
are duly elected and qualiii ed.
Section 4. Vacancies occurring in the
Board shall be filled by tn, remaining
Directors and three 80 Directors shall
constitute u quorum tor the transaction
of business. At the fiss. meeting fol
lowing each electioa. ;he Board OF Di- |
rtctor thel elected shall elect one Of
their number to be President. one Vice
President, enc hectreS;iry, one Treas
urer, or one Of their uu,i:ber to be both
Secretary ard Treasurer and one Man
ager. Aud the Board Of Dire tors may
appoint from time to time aud dismiss
at pleasure such clerks. agents or other
employees as may be deemed necessary
by them for the purposes and business
of the Corporation. They shall have
power to do any and all acts proper,s
necessary and incidental to the con-
duct OF the business Of the Corporation;
may make, aud from tiins to time,
amend such bylaws, rules and regnla-
tioili as they may deem proper for the
conduct and management of tho bust
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 Cooperation
is hereby fixed at the sum Of Two Hun.
dred Thousand Dollars (s2OO 900 Oo)
represented by Two H,ln ired Thousand
Goo, 0OO) Shares,. Of the sum Of One
Dollar ($l.OO) each, to be paid tor III
cash or ten ger cent monthly. Stock
may be issued in return tor the labor
douc, money or property actually re-
ceived, or services rendered.
This corporation shall commence
business as soon as Five Thou-and
$4,000 Dollars OF Stock sllal have been
subscribed for. Transfer of stock shall
be made only on the books Of this Cor
pOratlOn SUBJECT 10 Sucn rules ana
regulations as the Board Of Directors
may prescribe.
Article w.
Section l All of the corporate powers
OF this corporation shall be vested i'll
aud exercised by Board of Directors
to Le composed Of not'l"Ss Ian three
nor more than fifteen stockholders, each
Of whom shall hold Ut least Five Hun
lreu Shares # Stock, aud shall be
elected and hold Office for four years,
aud who shall be elected on the second
day Of January Of every fourth year. 10
begin with the year 1906.
The following named persons have
been chosen as the first Board Of Di~
rectors, 10 serve until their succs ssors
shall have been elected and qualified,
viz; DR.. George *. Pratt, Nicholas