St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-09-12
Charter
of the
Sanford, Vaughan Co., Ltd.
State of Louisiana,
Parish of st. Tammany.

me, Harvey E. Ellis, Notary Public in
and for the Parish of St. Tammany,
State oh Louisiana, duly commissioned
and qualified, and in the presence OF the
witnesses hereinafter named and under
signed, the persons whose names are
kereunto subscribed, all of full age
and residents of St. Tammany Parish,
La, who declared that, availing them
selves of the provisions OF all laws
of this State relative to the orgnlZa-
tycn of corporations, they have con-
tracted and agreed, and do by these
presents mutually contract and agree
and bind and obligate themselves,
their successors and assigns, as well
as all such other persons as may
hereafter become associated with
them, to form and constitute cor
poration and body polite in law, for
the objects and purposes and under the
conditions, agreements and stlpula-
tions following, which they hereby
adopt as their charter:
ARTICLE |.
The name and title of said corporation
shall be THE SANFORD, VAUGHAN
co LIMITED, and under said corporate
name, it shall have power and athorlty
to have and enjoy succession for the
full term and period of nlnety-nlne
years from and after the day Of date
| hereof; to contract, sue and be sued;
| to make and use a corporate seal and
the same to break or alter at pleasure;
to hold, receive, lease, purchase and
convey, as we'll as mortgage and ny
pothecate, under its corporate name,
property, both real and personal; to
ACQUIRE any and all such property
(real and personally erect all such
building, machinery, fixtures and ap-
appliances and apparatus, and do all
such acts and things, as are or may
be necessary and proper to carry out
the objects and purposes of said corpo-
ration.
ARTICLE II.
The domicile of said corporation
shall be in the Town of Covington,
Parish of St. Tammany, in the State
of Louisiana, and all citations or other
legal process, shall be served on the
President of said corporation, or IN
case of his absence, upon the secreta-
ry thereof.
ARTICLE III.
The objects and purpose for which
this corporation is established and the
nature of the business to be carried
on by it, are declared and specified to
be as follows:
purchase and improve real estate,
and to sell and dispose of the same.
To construct buildings, to make plans,
specifications, contract for and super
intend all kinds of construction work.
. To manufacture and deal in all build
, ing materials, and other articles. Tt
do surveying and engineering. Tt
manufacture, operate and sell sugar
refining apparatus or other machinery
And to act as agents or managers Of
any business that may be entrusted te
, them; and to do any and all othel
!, things incident or pertinent for the
promotion and success of the objects
! and purposes and the business herein
= above stated.
ARTICLEIV
The capital stock of this corpora
ton is hereby fixed at the sum o:
: Ten Thousand Dollars, divided into o.
= represented by one hundred shares 0:
. one hundred dollars each, which stool
- may be issued at not less than par TO
: cash, or in payment or exchange TO
property or rights actually receivet
, or purchased by said corporation, pro
; yided that all stock certificates shal
be signed by the President and Secre
!, tary Of said corporation, and no stocl
u u shall be issued unless the considerable
l. therefor has been received by sal
= corporation.
q All transfers of stock shall be mad
=. on the books of said company, at it
II II office at Covingtons, St. Tamman
e Parish, La, on the surrender of tn
> certificate therefor.
/ This corporation shall commenc
doing business as soon as three thou
/ sand (3,0OO.0O) dollars of it's capt.;
7 stock shall have been subscribed for.
n ARTICLE V.
1T All the corporate powers OF said CO.
), poration shall be vested in and exc
III cised by a Board of Directors con
- posed of three stockholders to be elec
"a ed annually, on the first day of JAM
4 ary; at such election each stockhold'
T. !. who may be present in person or /
- - written proxy, shall be entitled
Is one vote for each share of stock he
n N by him, and a majority Of votes ca
~ shall elect; and the persons electt
~ at each election shall constitute tt
u Board of Directors for the ensuir
le term, shall at once take their seats
q such, and shall serve and continue
u office until their successors shall ha'
been elected. A failure to elect
) rectors as above provided shall n
: dissolve the corporation, but the Boa
60 of Directors in Office at the time
% such failure shall continue to act un
~ an election shall be held.
IF Vacancies occurring in said boa
'if from any cause whatsoever, shall
~ u filled by the remaining directors. TI
- directors shall constitute a quorum +
e the transaction of any business. 7
- - said Board of Directors its first me
Ie ing following the election in each ye
er ,e shall elect from it's number pre-
81, dent, treasurer and secretary.
"S The board shall also appoint fro
time to time, and dismiss at pleasul
:. such officers, clerks, agents and 9th
aIi employees as they may deem necessa
Oil for the business and purpose of So
=. corporation, and may make and
l. tablish. as we'll as amend and alt
i all bylaws, rules and regulation,
7 quisite for the support and manas
IN ment of the business OF said compar
sh, Said Board of Directors shall ha
OF, power and authority to borrow mon'
ial execute mortgages, issue notes
of bonds, and generally to do all 81
w acts and things as may be necesst
ma to carry out the objects and purpo
to of the corporation.
to ARTICLE VI.
de- This act of incorporation, or {
Re- article in this charter, may be chang