St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1909-07-17

July o4 Gdcn year, except the nrSt
Board appointed in this Charter, who
shall hold their office until the first
Monday in July 1910, and two (2) Di-
rectors shall constitute quorum for
the transaction of business.
Ali such elections shall be held by
ballot and conducted at the office Of
said corporation, under the supervis-
ion of three (3) Commissioners to be
appointed by the Board of Directors,
and the Board of Directors being en-
| powered to decrease or increase it's
number at pleasure. Notice of such
election shall be given by the Secre-
tary OF this corporation by publication
for not less than ten Q0) days prior
thereto IN newspaper published in
the Town OF Covington, St. Tammany
Parish, Louisiana.
At all such elections and at all cor
porate meetings, every stockholder
shall be entitled to one vote for each
share OF stock standing in his name
on the books of the Company, to be
cast in person or by his written proxy,
and majority of the votes cast shall
elect.
Any vacancy occurring among the
Directors by death, resignation or
otherwise shall be filled by election for
the remainder of the term by the re-
naming Directors.
The failure to elect Directors on the
date above specified shall not dissolve
the corporation nor impair it's corpor-
ate management. but the Directors
then in office shall remain in office un-
til their successors are elected and
qualified.
The Board of Directors shall elect
from their own number President
and Vice President They shall also
elect Secretary and Treasurer, or
one person who shall be both, either
OF whom may or may not be members
OF the Board. They may, from time
to time, name and appoint all such
other officers and agents as it may
deem necessary for the purposes and
business of this corporation.
The Board may make and establish,
as well as alter and amend, any and |
all bylaws, rules andregulations nee
essary and proper in its judgement for
the conduct, support and management |
of the business and affairs of said cor |
poration. The Board shall have full |
power and authority to borrow money,
to execute mortgages and create liens; |
to issue bonds, notes and other obliga- |
tions, and generally to do all things
reasonable, convenient and necessary
for the proper carrying on of the bust
ness of the corporation.
ARTICLE vi.
Whenever this corporation NAV be |
either by limitation or from
any other cause, its affairs shall be IL
quidated by three 81 Commissioners
to be appointed from among the stock
holders, at a general meeting of the
stockholders convened for such pur-
pose, of which meeting notice shall be
given IN the manner and time provided
for stockholders meeting by Article
Z of this Charter, and majority in
of the capital stock of said
represented at such meet
ing shall be requisite to elect. The
said Commissioners shall remain in
office until the affairs of said corpora
ton shall have been fully liquidated.
In case of death of one or more of
said Commissioners, the vacancy shall
be filled by election by the surviving
Commissioner.
ARTICLE VII.
This act of incorporation NAV be
changed or altered, or said
may be dissolved with the
assent of one fourth of the capital
stock represented at a general meet
ng of the stockholders convened for
such purpose, and after notice shall
1ave been given in one or more news
papers published in the Town of Cow
ngton, st. Tammany Parish, State of
louisiana, once week for four weeks,
the meeting, and by written
lotice to each stockholder mailed to
lin thirty 800 days prior to the date
It the meeting.
Any changes proposed or made in
'eference to the capital stock of this
shall be made in accord
tnce with the laws of the State of
louisiana on the subject of altering
he capital stock Of this corporation. II
ARTICLE VIII.
No stockholder shall ever be held Ii
lble for the contracts or faults of said
in any further sum than
he unpaid balance due the corporation
N the shares of stock owned by him,
Tor shall any mere informality in or
sanization have the effect of render
ng this Charter null, or of exposing
my stockholder to liability beyond the ,
unpaid amount remaining due on his
took.
ARTICLE TX.
Warren thomas and C. z. Williams
hall constitute the first Board of Di-
ectors of this corporation, with War
en- Thomas as President, with C. z.
Williams as Vice President, and Mrs.
}. 2. Williams as Secretary Treasurer,
o serve as such until the first Monday
n July 1910, or until their successors
hall have been elected and qualified.
Thus done and passed in my Office,
n the Town of Covington, St. Tam
many Parish, State of Louisiana, on
he day, month and year first above
written, in the presence of ]. M. CLAW
rie and E. D. Kentzel, two competent
who have signed these pres
nts with the said appearers and me,
Notary, after due reading of the whole.
WARREN THOMAS, 399 Shares.
MRS EFFIE THOMAS l Share.
by WARREN THOMAS.
C. Q. WILLIAMS. 1913 Shares.
MRS. c. z. WILLIAMS, Share.
by C. Q. WILLIAMS.
j. S. JONES, ] Share.
Witnesses:
!. M. CLAVERTE.
J. D. KBNTZEL.
LEWIS L. MORGAN; Notary Public.