St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1907-10-05
CHARTER
OF THE
COVingtOn Steam Laundry Co.
United States of America.
State of Louisiana.
Dor;cb of &C. To~nnv
Parish of st. 1ammany.

Before me, Edward III, Richard, q
Notary Public, in and for the Parish of
st. Tammany, State of Louisiana afore-
said, duly commissioned and qualified,
and in the presence of the witnesses
hereinafter named and undersigned.
Personally came and appeared, the
parties whose names are hereunto sub
scribed, all of full age, who declare
that, availing themselves of the pro-
visions of the laws relative to the
organization of corporations, 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 asso-
ciated with them, to form and consti-
tute a corporation and body polite
in law. for the purposes and objects,
and under the stipulations, articles and
conditions following. to-wit:
ARTICLE I.
The name and style of this corpora
ton shall be the "Coyington Steam
Laundry Company" and by that name
it shall have power and authority to
exist and enjoy success ion for the full
| term and period of ninety mine years
from date hereof, unless sooner dis
solved.
ARTICLE II.
The Domicile of this cooperation shall
be in the town of Covington, in the par
ish of st Tammany, State Of Louisi.
ana. All citations and other legal pro-
cesses shall be served upon the Presi-
dent, or in case of his absence or
inability to act, upon the Vice Presi-
dent. The President shall be the
executive officer of the corporation and
shall preside at the meetings OF the
Board of Directors and stockholders.
ARTICLE III.
The object and purpose for which
this corporation is established and the
nature of the business to be carried on
by it are hereby declared to be: To
construct, maintain and operate a
Steam Laundry and to do a general
laundry business, to do any and all
things that are necessary and incident
al to the conducting of q Steam Laun-
dry as well as the right to operate
branch Offices and agencies throughout
the State of Louisiana.
ARTICLE 4.
This corporation may sue or be sued
in it's corporate name, make and use a
corporate seal, the same to break and
alter at pleasure; hold, have, receive,
purchase, convey, sell, mortgage,
hypothecate. pledge, lease, suitcase,
and enjoy real, personal and mixed
property; also borrow and lend money,
and make contracts, make and establish
such by -laws, rules and regulations as
may be necessary, and the same to
alter and change at pleasure; and shall
possess all the rights and privileges to
which corporations are, or may be
authorized and entitled to possess.
This corporation may exercise its cor
porate powers within any. other State
or territory of this Union.
ARTICLE V. 49,.
The capital stock Of said corporation
shall be Fifteen Thousand ($l5, 100000
Dollars, divided into and represented
by seven hundred and afty shares of
the sum of twenty (S20) dollars each,
which said stock shall be paid for In
cash, at the time of subscription, or
the same may be issued at not less than
par, in payment or exchange for prop
erty or rights actually received or pur-
chased by said corporation, or the same
may be issued, full paid, for money adj
vanced and for such other valuable
consideration or service. as the Board
of Directors, of said corporation may
determine, provided that no stock shall
issue until consideration therefor has
been received by said corporation:
l g. II RaAo shall ha ai0nnH NV
the President and Secretary Treasurer.
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 corpora
ton, or by his agent or proxy, duly
authorized to that effect in writing.
This corporation to become a going
concern as soon as the sum Of Five
Thousand ($5,000.C0) Dollars is sub
scribed and paid in.
ARTICLE VI.
No stakeholder shall have authority
or right to sell or otherwise dispose of
his stock intwhole or in part without
first giving the Board of Directors If
teen days notice in writing Of his in
tention or desire to dispose of any of
his stock or part thereof, and allow
ing the Board of Directors, or in its
default, any stakeholder, the first oD-
l portunity of purchasing the stock.
After which fifteen days, the said stock
may be sold In open market. The stock
of said corpo1 alton may be transferred
under the above conditions, provided
such transfer be made on the books OF
SAID corporation at its Office at CoVing-
ton, In the Parish of st. Tammany
State of Louisiana, and on surrender
of the certificate therefor. The Board
1 of Directors shall have the right to de-
termine how much stock shall be is-
sued.
ARTICLE VII.
The business affairs AMI corporate
powers of this corporation shall be
transacted by a Board of Directors tc
be composed of nine 90 stockholders.
No person shalt be eligible as Direc-
tor or Officer as herein provided in this
charter who is not q stockholder in this
corporation.
The members of the Board of Di-
rectors shall be elected by majority
of the votes of the stockholders cast at
a meeting to be held for that purpose
each year. The following named per-
sons shall constitute the first Board OF
Directors: Henry B. Ayers, DIR. N. M,
Hebert, James Mutually. J. 2. Davis,
w, R. Badon, e. ]. Frederick, Paul
Herbez, Emile BeaucoudraY, DIR. G. q.
| Williams. Said Board shall continue
in office until October 1908, on the first
Monday thereof, or until their success
sors are elected, on which date, and
thereafter annually, an election for
directors shall be held at the Office OF
the corporation, al Covington, in the
Parish OF St. TammanY, State of Lou
isiana, after fifteen days notice thereof
shall have been given by publication in
| ma Of The n alrrsnanars nnhlisliatl In the