St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-12-05

whom they are cast. The first board
of Director of this corporation shall
be composed Of Geo. S. Leatherberry,
Jr., Tom White and WILDER L. Nc
Crary, of whom Geo. S. Leather
berry shall be president, Tom White
vice president and WILDER L. Nc
FCrary secretary and treasurer, who
shalt serve until their successors
shall have been elected and qualified.
ARTICLE VI.
|ss The board of directors shall have
s1full power to fill all vacancies in their
number caused by death, resignation
or otherwise from among the stock
holders of this corporation. The said
board shall have full power and con-
troll of the property of this corpora
ton and shall conduct and manage
the same consistent with the objects
for which this corporation is organ
lied and in accordance with the pro-
visions set forth in this charter. Said
board is further organized to adopt
such by laws, rules and regulations as
the affairs and business of this cor
poration may require and as may be
necessary for the management OF the
business thereof, provided the same
shall not conflict with this charter or
with the laws of the State of Louisi-
ana, or of the United States. The
boards of directors shall elect or ap-
point such further agents, servants,
clerks or other employees as they may
deem necessary for the conducting of
| the business affairs of this corporation
and to fix their compensation and the
terms of service, with the right to
dismiss them at pleasure.
ARTICLE VII.
This charter may be changed, modi-
fed or amended or the capital stock
of this corporation increased or de-
creased, or this corporation may be
dissolved at a general meeting of the
stockholders convened for that pur-
pose with the assent of three-fourths
of the entire stock present or repre-
sented at said meeting, thirty days
prior notice of such meeting being
given in weekly newspaper at Cow
ington, St. Tammauy Parish, Louisi-
ana and a written notice thereof
mailed to each stakeholder at his usual
place of business forty days prior to
said meeting. In case of the dissolu-
ton or termination Of this corporation,
either by limitation as herein fixed, or
otherwise, the affairs of this corpora
ton shall be liquidated by two com
missioners selected from among it's
stockholders at meeting called for
that purpose, due notice of which
having been given as set forth in this
article. Said commissioners shall re-
main in office until the affairs of said
corporation shall have been fully
liquidated.
ARTICLE VIII.
No stockholder of this corporation
shall ever be held liable, or response
BILE for the contracts or faults thereof
in any further sum than the unpaid
balance due said corportion on shares
of stock subscribed for and owned by
the stockholders; nor shall any in
formality in the organization of this
corporation have the effect of render
ing the charter null or exposing any
stakeholder to any further liability
than the unpaid balance due on his
stock.
Thus done and passed at my notarial
Office, in the town of Franklinton,
Parish of Washington, State of Lou
isiana, on the day, month and year
first above written in the presence of
D. E. Branch and w. G. Wood, two
competent witnesses, residing in the
town of Franklinton, who signed
these presents together with said ap-
bearers and me said Notary, after
due reading.
GEO. S. LEATHERBERRY,
per Tom White.
TOM WHITE.
WILBUR l.. MCCRARY.
Witnesses
D. E. BRANCH.
W. C. WOOD.
HERMAN E GAYER. Notary