St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-05-31

sess and exercise all the powers Incl
dent to a corporation and necessary to
carry out the purposes for which it has
been organized. 1t may hive seal with
such device and inscription as the Off
GERS of the corporation may adopt
Article VIII
Nc debts shall be created in any one
year in excess OF the actual revenues of
said year, unless by consent of ma
jOrity of The members at 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.
ATtlCle ~
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 it shall re-
quire two-thirds of legal quorum to
alter or amend any article; provided
that no article shall be altered or
amended at an annual meeting, unless
seven (7) 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, as provided i'll Article
vi, or at any special meeting called for
the purpose of effecting such dissolu-
tion, and the vote upon the question Of
dissolution shall be by ballot, the vote
upon such question to be held from 8
A. M. to ~ T. M. upon the day on
which such meeting is called. In case
of a vote on such dissolution, IL ma
jority of the votes cast shall, determine,
provided that at least one half of the
stock holders shall have participated
in such vote.
Article XII
Upon 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
elected by the stockholders at a meet
ing especially called for that, purpose.
Such commissioners shall Immediate
ly proceed to wind up the affairs OF the
corporation, ami after the payment of
it's liabilities. shall distribute any re-
naming funds equally among the stock
holders.
In, testimony whereof, the said per-
sons have hereunto set their hands in
the town of Covington, st. Trmmany
Parish, Louisiana, III the presence OF
Il. ID. kentzel and W. K. BlOssman,
competent Witnesses, aud me, notary,
the day and date first above written.
Original signed:
Jos. Delery, 4. j. Frederick, Fred.
lily, N. e. Pearsall, f. Jahncke, W. II.
Krone, JAS. Provost, B. NJ Miller, Il.
f. Ellis, L. NJ. Burns, j. M. Thompson,
+. j. Domergue, DR., II Il. Warren, j.
l.. Smith, II. Z. Ramos, L. f. Brewster,
Thos. Brulatour, V. IL. Frederick, Y.
Z. Williams. j. Il Nilsson, + A Leonyal,
c E Babington, j ) Jones, Jos Bar
rere, Jr., J b Kent, L Medal, + q
Marrero, NJ. ID, N N Hebert, NJ. d
w A Dixon, Jake Stern.
Witnesses:
Il. ID. KentZel
w. 4. BlosSman
II. Il. WARREN,