St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1907-03-23
CHAR ARTER
OF THE
John B. CefaIu Commercial
and Improvement Co.
United States of America, State of Lou
isiana, Parish OF st. Tammanv,

N.
SeIore me- Lewis L. Morgan, a notary public
oIly commissioned, qualified and sworn, in
ana Tor the Parish of St. Tammany, State of
LOUISIANA, and in the presence of the witnesses
hereinafter named and undersigned person.
ally came and appeared the several persons
whose names are hereunto subscribed, who
SSVSIany declared that, avaIlng themselves of
tne laws OF the State of Louisiana in such cases
made and provided, they have covenanted and
agreed, and do by these presents covenant and
agree and bind themselves, as well as all such
persons who may hereafter become associated
with them, to form corporation, for the OBJ
lects and purposes and under the articles and
stipulations following, to-wit:
ARTICLE |,
The name and style of this corporation shall
oe the JOHN B. CEFALu COMMERCIAL AND
IMPROVEMENT COMPANY and under its said
corporate name it shall have power and au-
thority to- have and enjoy corporate existence
and succession for the full term and period of
nlnety-nne years from and after the date
hereof; to contract, sue and be sued to make
ana use q corporate seal and the same to alter
ana break at pleasure; to hold, receive, lease.
purchase and convey, as well as mortgage and
hypothecate property, real, personal and
mixed, corporeal and Incorporate to name
and appoint such managers, agents. directors
and officers as its business, interest and con-
venience may require, and to make and estab-
time, such by-lawS rules and regulations for
the proper government of the affairs of said
corporation that may be necessary and proper.
ARTICLE II.
The domcile of this corporation shall be in
the town of COVingtOn, Parish of st. Tammany,
State of Louisiana, and all citations and other
legal process shall be served on the President
OF said COZ poration, or in the event of his alb
Sence upon the Vice President, and in the abb
sence of both of these officers upon the Sec
ret2Ty of this corporation,
ARTICLE ILL.,
The objects and purposes for which this cor
poration is established, and the nature of the
business to be carried on by it, are hereby de-
clared to be: To engage in trade and barter; to
build, construct, operate. buy, sell, lease or
hypothecate all works of pubblic Improvement
or In the nature of public utility, or of quasi
public nature, inclusive OF traction, power gas;
electric, water plants, and the manufacture and
sale of their products or by-products, whether
said property be located in the State of Louisi-
ana or in any other State of the United States
or possession of the United States or any for
eiFn country to purchase and otherwise ac-
quire, lease, hold and sell real estate OF all
kinds and to improve said real estate and gem
orally to hold and exercise all such incidental
powers and privileges as relate to the objects
and purposes hereinabove set forth, and specl-
ally all the provisions OF this charter may
be performed in any State in the United States,
any possession thereof and in any and all
foreign countries.
ARTICLE Nv.
The capital stock of this corporation is here
by fixed at the sum OF ten thousand dollars
G$lO,OOOl divided into and represented by one
hundred (1OO) shares of the sum of one hundred
dollars (S1oO) each. Said. stock shall be paid
for in cash at such times, IN such amounts and
after such notice to the subscribers as may be
fiyed by the Board of Directors, or the same may
be issued at not less than Par for labor done Or
property actually received by the corporation.
This CORPORATION shall become going con-
Germ and be authorized to do busineS as soon
as Five Thousand Dollars of its capital stock
Shall have been subscribed for.
ARTICLE v.
An the corporate powers of this corporation
shall be vested in and exercised by Board OF
Directors, to be composed OF three stocKnoia-
ers, to be elected annually on the trst Mon
dav in February in each year, except the flrSt
Board of Directors under this charter, VINO
shall hold their office until the first Monday IN
M Sucti elections shall be held by ballot and
conducted at the office of said corporation un-
der the M @ qt Ro5rd nfes @ 6rectoSs
Notice of such election shall be given by the
Secretary Of the company by pubncatlon Ior
not less than ten days pf,or tnsfeso nf st.
TaTnmany Parish, Louisiana
AZ ali such elections and at all corporate
meetings every snt Ge fandin@ IN IN
biS name on the books of the company, to be
cast in person or by his written proxy, anu
majority OF the votes cast snal. esee tt po,r5 ~
Gny vacancy occurring among the Boaro OF
az nirectors BY death, resignation or otner"lSe,
ShalI be filed by election for the remainder OF
the term by the remalnng VI, tI,e date above
specified shall not dissolve the corporation nol
jrnrair the corporate management put sne III
rectors then in office saL tead snd IN apoied o
The first Board of DlrecloTS un9et liiiS T.ldi Ia
tar shail he composed of John B, Cefalu. John
D. Cefulu and Salvador " on n Csfar
Vice president and Salvador D. Cetaiu Sec
retary and Treasurer. H., 4 +i,,,.
- ranne and appoint all such other offlcer:
and agents as II may deem necessary Ior ,l tns
n,TTroses and business OF the corporatlon
fhey shall have E4%Gt anG g, empVoyee n hS % and al
nSfrnrs and employees shall hoid oInce ant
ennnioyment at the pleasure OF the Board.
Thn BOARD may make and eStabllSh, as wen a
III liz md amend any and all bylaws, rules ant
rnSn,ations necessary and proper IN its Iudg
snI for the conduct, support ana management
Of the business ana anSiS f power : and nd authort,
% hcrrow money, to execute mortgages ana :
Uaafe liens; to issue bonds, notes ana otIe
obligations s,sasonabIe, ana Convenient and neces
ssSv for the proper carrying on OF the ouSineS
If this corporation. s.,, ,.,;a s,,rss of N,
LII stock for cash, or in payment Tor laoo
Sane or property actually received by TINS cor
coration, ,prIcIE vi.
u,,.rayer this corporation may be dissolved
.s,ar hS, limitation or from any other cause
Il shall be lquidated by three coInI1isSlonsr 1.
~ Ls anpointed from the stockholders az
general meeting e 0T wheh meeting notice sha
tnat pa, paI in the manner and time provided to
toskholders' meetings by Arucle sli OF IN
sSaTter, and majority IN amount OF ins e CAP zap
cnaltoct cnalt of said company represented at sac
letting shall be requisite 10 eject. Sala con
mSssnreys shall remain iu office until the a
faire of said corporation shall nave oeen 1ull
hqu'ca l.. case of the death of one or more OF sal
Im,,missioners, III the vacancy shall be tiled {
eiection of the surviving commissioners
ARTICLE VII.
NAV ha r1odifia
hanSed or altered, or said corporation may
JiIssn1ved with the assent OF three-fourthS
the capital tSe Stosk Convened a for
HlSoss HlSs and after notice shall have been give
pus p osb,c or more newspapers publiShed IN u
ts,n ~ ri Coyington, 81. Tanlmany Parish, Lo
!;sna once week for four weeks precedli
isiahS. letting, and by written notice to ca
the Holder mailed toshim thirty days prior
~ Sste of the meeting, at the postothce
iress Ie designated by him IN writing
hlLs .I,s initial stock of this corporation shall
70 toISn AZ IN accordance with the laws of the Sta
m@u mE@Huonisiana on the subject of altering the car
tal stock of corporations.
ARTICLE YIN.
No stakeholder shall be liable for the co
.rscts or faults of this corporation in any FL
s,,er sum than the unpaid balance due the &C
Lin-stion on shares of stock owned by him, n
PHI sny mere informality in organizati
s.ave. the effect of rendering this charter nj
ne ~ exposing stockhoider to any liabi
SS.,,nnd the unpaid amount remaining on
stock .,,,..s ,,sranr,c b,,,e raera.4;,
tttsn onposite their names the amount
et.,ek In this corporation subscribed for
escll OF them, so that this act OF incorporati
snavaiso serve as the original subscription
ot to{s..,s done and passed, at my notarial off
i tlse Town of Coyingtons Parish of St. Ia