St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1907-10-12
CHARTER
OF THE
COVingtOn Steam Laundry Co.
United States of America.
State of Louisiana.
Parish of st. Tammany.

United States of America. J
State of Louisiana.
Parish of st. Tammany.
BE 1T KNOWN, That, on this 18th
day of September, in the year of our
Lord, One Thousand Nine Hundred and
Seven, and of the Independence of the
United States of America, the one hun
dred and thirty second:
Before me, Edward H. Richard, a
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 l.
The name and style of this corpora
ton shall he 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-nine 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
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 Steam Laun-
dry as we'll as the right to operate
branch offices and agencies throughout
the State of Louisiana.
ARTICLE 4.
This corporation may sue or be sued
in its corporate name, make and use
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 bylaws, 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.
The capital stock of said corporation |
shall be Fifteen Thousand ($15, 100000
Dollars, divided into and represented |
by seven hundred and fifty 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 valu bile
consideration or service. as the Board
of Directors of said corporation may
provided that no stock shall
issue until consideration therefor has
been received by said corporations:
Said shares of stock shall be signed by
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
to that effect in writing.
This corporation to become going
concern as soon as the sum of Five
Thousand ($5,000.O0) Dollars is sub
scribed and paid in.
ARTICLE VI.
No stakeholder shall have authority
or right to sell or otherwise dispose of
his stock in whole or in part without
first giving the Board of Directors tif.
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 it's
default, any stakeholder, the first op-
portunity of purchasing the stock.
After which fifteen days, the said stock
may be sold IN open market. The stock
Of said corporation may be transferred
under the above conditions, provided
such transfer be made on the books of
said corporation at its Office at Coying-
ton, IN the Parish of st. Tammany,
State Of Louisiana, and on surrender
Of the certificate therefor. The Board
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
by Board of Directors to
De composed Of nine (9) stockholders.
No person shalt be eligible as Direc-