St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1907-09-28

be filed for the ensuing year as follows:
Henry B. Ayers President; DIR. N. M.
aebert Vice-President; James Mutually
Secretary-Tressurer.
ARTICLE VIII.
Any vacancy occurring in the Board
Of Directors, from any cause, shall be
filled by the remaining members of the
Board of Directors from among the
stockholders of the corporation, five
| members OF the Board shall constitute
quorum thereof, unless otherwise
provided by the Board of Directors.
The Board of Directors shall make
such bylaws, rules and regulations as
they think necessary, and change and
alter same at pleasure. Name and ap-
point other officers and employees, and
fix theiF salaries, term Of service with
the right to dismiss them at said
Boards pleasure. And said Board
shall have the right to determine and
tx the salaries and duties of the several
officers herein provided for, and ascribe
other duties to said officers rs will best
subserve the interest and welfare of
the corporation. They shall also have
the power to sell. convey, mortgage,
pledge, lease, suitcase, and purchase
property, movable, immoveable, per-
son0l and mixed; borrow and lend
money, and issue notes and bonds,
make contracts and do all things which
may be necessary TO properly transact
and manage the business of this corpo-
ration,
ARTICLE TX.
This act Of incorporation may be
changed. modified or amended, or said
corporation may be dissolved with the
assent of majority of the stock pres
emit or represented at IL ger eral meeting
OF the stockholders of said corporation,
and convened for such purposes after
thirty days previous notice of such
meeting shall have been given by adj
vertisement In one of the newspapers
published in the Parish of st. Tam
many by four publications during said
time. Whenever this corporation is
dissolved, either by Limitation or from
any other cause, its affairs shall be
liquidated under the superintendent
of three commissioners chosen for that
purpose from among the stockholders,
by . majority in amount Of the stock
holders as a5ove get forth in this article.
In the event of the death or inability to
act Of any one of said commissioners
the survivors shall continue to act.
ARTICLE X.
No stakeholder of this corporation
shall ever be held liable or responsible
for the contracts or faults thereof in
any luther sum than the unpaid bal
ance due the corporation on the shares |
subscribed for or owned by him, nor |
shall any informality in organization |
have the effect Of rendering this char
ter null, or exposing stakeholder to
any liability beyond the unpaid bal
anue, il any, of his stock.
Thus done and passed in my notarial
office, in the town Of Covington, Parish
Of st. Tammany. State of Louisiana,
on the day, month and year herein first
above written in the presence of COM
petent Witnesses Of lawful age, and
residents of said town, who hereunto
sign their names together with said
parties and me, notary, after reading
of the whole. i
HENRY B. AYERS, 30 Shares.
JAMES mutually, l0sShares.
w. r. BADON, 90 Shares.
PAUL HERBEZ, 10 Shares.
SECOND & HEBERT, 2 Shares.
JOS. ELCHINGER, 2 Shares.
]. z. NILSSON, 2 Shares.
BEAUC0UDRAY BROS. 10 Shares
H. r. WARREN, 5 Shares.
e. v. RICHARD / Share.
j. HEINTZ, 2 Shares.
c. z. WILLIAMS, 10 Shares.
MEEK & MCCORMICK, 8 Shares.
E. j. FREDERICK, 10 Shares.
j. L. WATKINS, 5, Shares |:
HEBERT BROS, 8 Shares. |:
Witnesses: ,,
.OSEPH b. LANCASTER, |;
|. H. GRIMMER.
EDW. H. RICHARD, |:
Notary Public.