St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1904-02-13
CHARTER
United States Of America-State Of
Louisiana-Parlsh Of St. Tammany.

BE- IT KNOWN AND REMEABkRED That
on this. the 2Sth day Of January, In the
year of our Lord ono thousand nine
hundred and four. and Of the ihdepen :
ence IT the United States ri America
the one hundred and twenty-eixhth. be-
fore me, H. r. Warren. Clerk Of Court,
and Ex-Omcio Notary Public, duly COM
mlssioned and sworn In and for the Par
Isl, of St. T.mmauy. State Ut Louisiana,
and in the presence Of the witnesses
hereinafter named and undersigned,
personally came and appeared G. H..
Bickham. w. e. Bickham, A. T. Pierce
and NJ. K. Ray, the several ersons
whose names ara hereunto subscribed,
who declared that, availiug themselves
OF tho provisions Of the general laws of
this State relative to the organization
Of compositions, they have covensnted
aud agreed and do by these presents
covenant, agree, bind, form aud consti-
tute themselves, a. we'll as such other
persons a. may hereafter join or become
associated with them, into y corporation
and body polite In law. for the objects
and purposes and under the agreements
and etipulations hereinafter yet forth
and expressed:
: :" Article /.
The name and style Of said corpora
ton shall be BICKHAM, MA9EE 4
COMPANY, LIMITED, aud by that cor.
porste name the said corporation shall
have power and authority to have and On
Joy succession for the full term Of ninety
nice years from and after the date
hereof, to contract. sue and be sued
In its corporate name, to make and use
q corporate seal, to have, hold. receive,
purchase, convey. mortgage, hypoths-
cate or pledge property, both real
and personal, to lend money on mort
gage or otherwise, to have and employ
such managers, directors, officers and
agents and other employees Is the in
terests and convenience Of said corpora
ton may require, to make and establish
such bylaws, rules and regulations for
the management aud control Of the
affairs Of said corporation as may be
necessary.
Article IL
The domicile of this corporation shall
be in the town Of Covington, parish Of
st. Tamm>ny, Louisiana, aud oil cita-
tions or other legal process shall be
served on the President, aud in case Of
absence or inability to act, on the Vice
President, aud in the absence or In.
ability of both, on the Secretary.
Article Ill.
The objects aud purposes for which
this corporation IL formed, aud the ma
ture Of the business to be carried on by
It, are declared to be the buying and
selling Of groceries snd all kinds of
merchandise generally, and the conduct
ing Of q country store in all Of its sew.
erai branches, such Is the purchase and
selling Of cotton, wool, country produce,
live stock, real estate. ETC., In St. Tam
many Parish and elsewhere.
Article Nv.
The capital stock Of this corporation |
10 hxed ct the sum Of fifty thousand |
(@5O, 000) dollars, to be represented by
Ave hundred $500 shares, Of the par |
value OF one hundred dollars each, and |
said corporation shall commence bust |
ness as soon as fifteen thousand (815,-
O0O) dollars is subscribed and paid in. |
Should the capital stock OF this eofp0- |
ration be increased. the persOnv holding |
stock at the time Of such increase shall
have the right to take shares Ut the I'D.
ditional or increased stock proportion
ate to the number OF shares then owned
by them respectively. All stock shall
be paid for other in cash or In property
to the corporation, and shall
b. full paid and non assessable. M
stock holder shall have the right Of SELL
lug any Of the shares held by him with.
out having fret offered the same, in
writing, to the corporation, through its
Board of Directors, and said board shall
hs e the privilege of purchasing said
shares within thirty days thereafter, for
lash, at their book value according to
he inventory last made. All transfers
of stock shall be made on the books of
The company.
Article v.
All the corporate powers Of this com.
,any and the management and control
" ito business shall be vested ~. and
by Board Of Directors, CON-
,osed Of three stock holders, majority
II whom shall constitute quorum for
he transaction of business. Said Board
hall Immediately after it's election Ne
ect one OF ito members as President,
mother a. Vice President, and a third
% Secretary aud Treasurer. The said
30ard Of Directors shall be elected au-
lually by ballot, by the stockholders,
t the office Of the company, Oh the
ourth Monday Of January Vt each year.
Zach stockholder shall be entitled, in
'erson or by written proxy, to ono vote
n every share owned by him. and said
lection shall be held Under such rules
8 shall to provided for by the Board of
Directors. The said Board shall con-
lnue In Office for one year or until their