St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1909-10-16

| ned. Notice OF the election OF a
Board Of Directors shall be given by
publication in some newspaper pub
! lished at the domicile of said corpora
ton for a period of at least ten davs
previous to said election, and by
written notice mailed to the last
known address of each stOckholder at
least ten days previous to said election.
The first election of a Board of Di-
rectors under this charter shall take
fplace on the 4th Monday Of August,
1910, until which time, or until their
successors have been duly elected and
qualified, the following named per
sons shall constitute the first Board of
Directors, namely DR.. B. B. Warren.
A. V. Smith, S. D. Bulloch, E. P.
Singletary, Prof. W. H. Drummet,
A. H. Grimmer, Leon Hebert, Paul j.
Lacroix and Geo. N. Fendlason, of
whom DR.. B. B Warren, shall be
President; A. H. Grimmer Vice-Presi-
dent; S. D. Bulloch, Treasurer and
W. G. Evans, Secretary. The failure
from any cause to elect Directors on
the day stipulated shall not dissolve
this corporation, but the officers and
directors then in office shall hold over
until their successors have been elect
ed and qualified. In the event of fail
ure to hold the election on the day
stipulated, the President shall call a
new election, Immediately thereafter,
within ten days notice as hereinabove
provided. Any director shall have the
right to appoint another stockholder
as his proxy to attend any and all
meetings of said Board Of Directors.
ARTICLE vi.
The Board of Directors shall have
power to fill all vacancies occurring
in its membership from among the
stockholders of the corporation. They
shall have full control of the property
of this corporation and shall conduct
and manage it's business. They shall
appoint such officers, agents, man
ayers, employees, servants and clerks
as may be necessary for conducting
the business and affairs of the cor
poration, shall fix their compensation
and shall have the right to dismiss
them at pleasure, and may make and
establish, as we'll as alter and amend,
any and all bylaws, rules and regula-
tions for the conduct, support and
management of the business and
affairs of the corporation. Said Board
of Directors shall have full power to
contract debts, borrow money, issue
notes, bills of exchange, bonds and
other obligations, execute and grant
mortgages, and receive same and
generally to do all things necessary
for the conduct of it's business. And
shall have full power to issue and
deliver full paid shares Of stock for
cash or for property received, services
rendered or labor performed. All |
certificates of stock of this corpora
tion after being ordered issued by the
Board Of Directors, shall bear the seal |
Of the corporation and be signed by |
the President and the Secretary. In |
the absence of the President, then |
signed by the Vice President.
ARTICLE VII.
This Charter or act of incorporation |
may be changed, modified or amended,
or this corporation may be dissolved,
at a general meeting Of the stock |
holders convened for that purpose,
with the assent Of three-fourths of !
the capital stock present or represent
ed at such general meeting after
thirty days previous notice of said |
shall have been given as
hereinabove provided in article five.
In case of the dissolution of this cor
pOration either by limitation of it's !
charter or for any cause, it's affairs
shall be liquidated by three commits
sioners selected by the stockholders
at general meeting held as above
set forth. The said commissioners
shall remain in Office until the affairs
of the corporation shall have been
fully liqudated. In case of the death
or incapacity of one or more of said
the survivors or sur
vivor shall continue to act. Said |
liquidators are hereby vested with full
powers to sell any and all assets and
both real and personal, of |
the corporation, and give and grant
full and complete title thereto, and |
shall have full power and authority
to do and perform all acts necessary,
useful and proper to fully and com
pletely wind, up and liquidate its af-
fairs, and distribute it's proceeds, if !
any, among the stockholders.
ARTICLE VIII.
No st0ckholder shall ever be held |
liable or responsible for the contracts, |
faults, or debts of said corporation,
nor shall any mere informality in it's |
have the effect to render |
this charter void or exposing a stock |
holder to any liabilities beyond the un-
paid balance, if any, due said corpo- |
On cb nyxyyonl hIT h1,S,
Thus done and passed at my Office |
in the town of Covington, in the Par
ish of St. Tammany, State of Louisi-
ana, on the day, month and year above
in the presence of D. ]. !!
Johnson and C. Seymour, both COM
petent witnesses Of lawful age, who |
signed their names, with said appear
ers and me, notary, after due reading |
of the whole
Original signed:
B. B. WARREN, 400 shares.
E. P. SINGLETARY, so shares.
A. H. GRIMMER, 100 shares.
S. D. BULLOCK, 100 shares.
W. H. DRUMMET, 100 shares.
LEON HEBERT, 80 shares.
PAUL J. LACROIX, so shares.
Per B. B. Warren.
GEO. M. FENDLASON, 200 shares.
Per B. B. Warren.
H. r. WARREN, 100 shares.
Per B. B. Warren.
WARREN THOMAS, 100 shares.
Per B. B. Warren.
S. STECKLER, 100 shares.
Per B. B. Warren.
w. G. EVANS, so shares.
A. V. SMITH, so shares.
FRANK NORMAN, so shares.
Per B. B. Warren.
w. j. WARREN, SO shares.
Per B. B. Warren.
JOSEPH B. LANCASTER,
Notary Public.
Witnesses: