St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1907-10-12

be filled for the ensuing year as follows:
Henry B. Ayers President; DR.. N. M.
Hebert Vice-President; James Mutually
Secretary-Treasurer.
ARTICLE VIII.
Any vacancy occurring in the Board
of Directors, from any cause, shall be
filed 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 their 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 as 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-
sonal 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.
Thic act IF instrumentation NOV ho
changed. modified or amended, or SAID
corporation may be dissolved with the
assent of majority of the stock pres
ent or represented at 81 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 ad-
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, it's affairs shall be
liquidated under the superintendent
of three commissioners chosen for that
purpose from among the stockholders,
by a ma ority in amount of the stock
holders as aoove set 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 further sum than the unpaid bal |
ance due the corporation on the shares |
for or owned by him, nor |
shall any informally in organization |
have the effect Of rendering this char
ter null, or exposing a stakeholder to
any liability beyond the unpaid bal
an ;e, if 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.
HENRY B. AYERS, 80 Shares.
JAMES mutually, 10 Shares.
- W. R. BADON, 90 Shares.
PAUL HERBEZ, 10 Shares.
SECOND G HEBERT, 2 Shares.
JOS. ELCHINGER, 2 Shares.
J. E. NILSSON, 2 Shares.
BEAUCOUDRAYB BROS. 10 Shares
H. r. WARREN, 5 Shares.
E. V. RICHARD / Share.
j. HEINTZ. 2 Shares.
G. Z. WILLIAMS, 10 Shares.
MEEK G. MCCORMICK, 8 Shares.
E. j. FREDERICK, 10 Shares.
j. L. WATKINS, 5, Shares
HEBERT BROS, 3 Shares.
Witnesses:
OSEPH b. LANCASTER,
!. III. GRIMMER.
EDW. H. RICHARD,
Notary Public.