St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-01-11
CHARTER.
United States of America, State o
Louisiana, Parish of St. Tammnay.

United States of America, State of
Louisiana, Parish of St. Tammnay.
De 1T KNOWN, That on this fourth
day of December, in the year of Our
Lord one thousand nine hundred and
one, and of the independence of the
United States of America the one hun
dred and twenty-sixtb, before me,
Joseph Bradford Lancaster, notary
public in and for the Parish of St. Tam.
many, State of Louisiana, duly COM
missioned and qualified, and in the
presence of the witnesses hereinafter
named and undersigned, personally
came and appeared the parties whose
names are hereunto subscribed, oil Of
full age, who declare that availing them
selves OF the provisions of the laws re-
lative to the organization of corpora
tions for manufacturing purposes, they
have covenanted and agreed and by these
presents do covenant and agree and
bind themselves, as well as such other
persons as may hereafter become associ.
Ated with them, to form and constitute
a corporation and body polite in law.
for the purposes and objects and under
the stipulations, articles and conditions
following, to-wit:
; Article l.
| The name and style of this corpora
ton shall be THE PEOPLES
GINNING AND ICE MANU.
FEATURING COMPANY, and
by that name it shall have the power
and authority to exist and enjoy sue.
cessiOn for the full term and period Of
ninety-nine years from date hereof un-
less sooner dissolved. The domicile of
this cooperation shall be in the town of
Covington, Louisiana. All citations and
other legal processes shall be served up
on the President, and in the case of his
absence or inability to act, upon the
Vice-Prestdent, and In the event of the
absence or inability of both said off,
GERS, then upon the Secretary.
Article IL.
The objects and purposes for which
this cooperation IL established and the
nature of the business to be carried on
BY it are hereby declared to be: TO
make and manufacture ice. gin cotton,
mill corn and other cerials and to do
general milling business, and to that
end acquire, owD, hold or lease lands,
to acquire. own. hold or lease and to
operate ice factories, gins, grist and
articles, appliances or outfits neces-
sarv to operate same and to do every
thing incidental thereto, to sell, mort.
gage, pledge, lease, suitcase or other
wise dispose or incumber the prop
erty, real, personal and mixed Of the
Corporation or the products OF the
same, and do all such acts and things
as may be necessary or proper to carry
out the objects and purposes of this
Corporation
Article Ill. I
This Corporatioe may sue or be sued
in its Corporate name, make and use
Corporate seal, to break and alter at |
pleasure, hold, have, receive, purchase,
convey, sell, mortgage, hypothecate,
pledge, lease, sub-leaSe ami enjoy real,
personal and mixed property, also to |
borrow and lend money and to make
contracts, make and establish such by
laws. rules and regulations as may be
necessary, and ut the same time alter and
change them at pleasure. and shall pos
sess all rights and privileges to which
corporations are or may be authorized
and entitled to possess.
Article w.
The capital stock OF this corporation
shall be Fifteen Thousand Dollars, d.
vided into and represented by three
thousand shares, of the sum of five dol.
lars per share, payable in such . man
ner as the Board of Directors may de-
All shares of stock issued
shall be signed by the President and
Secretary.
At all elections by, or meetings of
the stockholders, each share of stock
shall be entitled to one vote to be cast
BY the person in whose name the stock
appears on the books of the corporation
Dr. by his agent or proxy duly autbo- .
rized to that effect In writing.
Article v.
No stakeholder shall have the author
ty or the right to sell or otherwise dis.
rose of bis stock in whole or in part ]
without first giving to the President of
his corporation ten days notice III
writing of his desire or intention to :
dispose of his stock or portion there I
#, and allowing the stockholders the Z
lrst opportunity to buy said stock ut
he same price offered by others, and
lpon failure or neglect of the other
to avail themselves within
he said ten days. of the right to pur-
base, the said stock may then be sold l
q open market.
The stock of this corporation may be q
transferred under the above conditions, t
rovided such transfer be made on the e
ooks of the corporation at its Office
4 Covington, St. rammany Parish, this
tate, and on the surrender of the =
ertifcate therefor. No transfer of
ny fractional part of share shall be =
,ade. This corporation shall COM I
renee doing business as soon as five q
lousand dollars of its capital stock
hall have been subscribed for. The
GARD of Directors shall have the right
nd authority to determine how much
Jock shall be issued. H.
Article vi. II
The business affairs and corporate m
overs OF this corporation shall be in G.
ested in and transacted by Board of j
frectors composed of nine stock
)fders, five of whom shall constitute a
forum. No person shall be eligible :,
director or officer as herein pro. ~
ded in this charter, who is not -
ockholder of this corporation. The s sI
embers of the Board of Directors AZ
all be elected by majority of the -
ties of the stockholders cast at -,
Getting to be held for that purpose a.
oh year. The following persons shall "
institute the first Boaad of Directors: 10
J. Smith, DIR. G. X. Tolson, H. RI
r. F. Limongi, Sandy ID. de-
llloch, Joseph B. Lancaster, K. f.. "
NTH, w. ]. Warren and Bertrand
hat, with the said H. j. Smith as ,
esident, DR.. G. r. Tolson as Vice Ii
esident, Sandy D. Bulloch as Treas