St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1904-11-26

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E. Y. Ames. Arnold Heller and E. }
Frederick, with said E. Y. Anles 4
President. with said Arnold Heller a
Vice-Presideht. and with said E.
Frederick rs Secretary and Treasurer
shall constitute the first Board OF hi
rectors, aid they shall hnl Office INIT
the second Monday in December, 1905
or until their Successors are elected
and qualified. Each subsequent Boar'
OF Directors shall take. their saats a
auch directors :nn ediately followin,
their election or ~ soon thereafter rs
practicable, and shall hold their Offices
until their successors shall hive beel
elected and qualified On the SECOND
Monday in December. 1905. and annu
ally thereafter. and election for dire Tor,
bv the stockholders shall be held in the
office at the doMicilc Of the said corpora.
ton after ten DAYS notice thereof shnl
have been given by printed or written
notice mailed to e .ch stakeholder ct the
last address given by him to the Serre
tary. Ever, Board If DIRECTORS shall al
it's first meeting after its election. or as
soon thereafter as practicable. elect 6
resident. n Vice-President. ard Sec
| retaly and Treasurer from their OWL
humber. The Office Of Secretary ar6
Treasurer may lie filled by ono and the
same person. failure to elect 1T anc,
times Board of Di, ectors, or any mem.
her thereof. or any Of the corporate off.
GERS, IA herein provided Cor, shall not
operate to dissolve this corporation. bu,
the then exist ing Board of Directors
shall continue to hold their Offices,
and another election shall he held as
soon thereafter as practicable. at time
to be fixed by the Board Of Directors
then in office. whereof five days prior
notice shall be given in the manner
above crowded for, which sail notice
shall re full aad complete notice to all
sfockold ers If such meetings..
Aay vacancy occurring in the Board
Of Directors from any cause shall be
filled by The remaining directors.
A G'ajority Of said Board of Directors
shall constitute quorum for the trans
action "n5 management of all business
the said corporation. The board of
Directors may make and establish, alter
aEend and abolish all bylaws, rut es
and regulations they Lay deem necessa-
ry and proper for the management Of
the affairs OF the corporation. not noon
s'stent with this Chatter and in pursu-
ance Of law; they shall have power to
contract debts. borrow money, issue
notes and bonds and other obligations,
execute mortgages, purchase. acquire,
secure. transfer, alienate, lease. assign
ard rledge property. real, personal and
mixed; to name ana appoint smell
clerks. agents. managers and officers
and employees ~ may be required and
to fix the salaries thereon, and the sam
to change or dismiss ut pleasere, to dix
the salaries If the officers provided tor
herein; % take Judicial proceedings in
IT,. name nf and in behalf of the said
corporation: to sign or cause to be
signed by officers or directors. especially
or generally authorized hy the Board of
Directors. all necessary acts. deeds, etc
TO adopt n corporate seal and the same
10 change or alter or dispose of or dis
pense with at pleasure; to sssne an:
deliver full laid share. Of stock or hon /,
or other securities Of the said corpora
ton at the Far value thereof, in pay
ment fo' property bought, or for labor
or services done or performed for the
s,i'1 corporation. and generally to
do all things which may he nec-
essary to be done Incident to the
purposes and objects Of this corporation,
and permitted by the laws applicable +.
corporations
Anv director may at any time give lis
proxy or power Of attorney in writing u
any other stakeholder or any other
member Of the Board Of Directors. to-
represent him at any or all meetings OF
the Boar1 Of Directors, and in such cas-.
the proxy, whether held by another
cckholder or another director, shall
10 evf r. respect count for the purpose OF
making q quorum, and for all purpos es,
as II the said director were personally
present..
ARTICLE VII.
This net of Incorporation may be
modified, changed or altered. or sal !
corporation l,ay be dissolved, with the
assent Of q majority of all the stock OF
this corporation issued and subscribed
for. to be voted in favor of the PROPOSE
lion to dissolve. at any general meeting
OF the stockholders of said corporation.
convened for such purpose. after giving
ten days prior notice of such nesting In
til manner crowded for in Article vi.
ARTICLE VIII.
Whenever this corporation is dis
solved, either by Limitation or from IN,
other cause, its affairs shall be liqul-
dated under the superintendent Of two
stockholders, to be chosen for that pur-
pose, BY q majority in the amount Of the
stockholders present or represented at
general meeting Of the stockholders
ct which the election is held. Said
commissioners shall remain in Office
until the affairs of said corporation sh al
have been fully liqulda,ed.. In case Ut
the death of Que of said com 1lissione e.
ur of the f.lsal or inability loi one OF
them TO act, the survivor shall continue
to act and shall select another stock
holder in the place Of and stead OF the
ecu, missioner who shall have ceased to
act.
ARTICLE TX,
TIE President may in his discretion.
Ind shall upon the written request Of
ive stockholders, call special meeting
of.the stockholders Of this corporation.
ARTICLE X.
No StOckhOldef OF this corporation
shall ever be held Liable or responsible
for the contracts or faults OF this cor.
poration in my further ,aum than the
unpaid balance due to the company on
the STARE: owned by him, nor snail any
ln,ormality in organization have the ef-
feet Of rendering this .har'ef null or Of
exposing any stakeholder to any liza
bility.
This Done And passed in my Office, in
the town of Covington, Parish of st.
iammsny, State Of Louisiana. on the
day, month and year first above written,
in tie presence of Messrs. ". E. Bloss-
man and W. G.. Kentzel, competent
witnesses, residing in this parish. wlo
have bsreunto sigued their names with
tue arpearers and me, Cierh an: ex-ofi-
clio Notary, after due reading of the
whole.