St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1909-10-23


officers thereof shall continue il
office for one year, and until their sue
cessors have been elected and quail
fled. Notice of the election of
Board of Directors shall be given b,
publication in some newspaper pub
lished at the domicile of said corpora
tion for period Of at least ten day!
previous to said election, and b,
written notice mailed to the las
known address of each stockholder a
least ten days previous to said election
| The first election of a Board of Di
rectors under this charter shall take
place on the 4th Monday of August
1910, until which time, or until theil
successors have been duly elected ant
qualified, the following named per
sons shall constitute the first Board o1
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 ]
Lacroix and Geo. M. Fendlason, o1
whom DR.. B. B Warren, shall be
President; A. H. Grimmer Vice-Presi
dent; S. D. Bulloch, Treasurer anc
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 well 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 debrs, borrow money, issue
notes, bills of exchange, bonds and
other obligations, execute and grant
and receive same and
generally to do all things necessary
for the conduct of its 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
ton 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
he capital stock present or represent
I'd at such general meeting after
thirty days previous notice of said
meeting shall have been given as
provided in article five.
In case of the dissolution of this cor
1oration either by limitation of it's
charter or for any cause, its affairs |
shall be liquidated by three commits
'ioners selected by the stockholders
1t a general meeting held as above |
set forth. The said commissioners
shall remain in Office until the affairs
If the corporation shall have been |
;ully liqudated. In case of the death |
'r lncapaclty of one or more of said |
commissioners, the survivors or sur
Jivor shall continue to act. Said |
iquidators are hereby vested with full
powers to sell any and all assets and |
both real and personal, of |
he corporation, and give and grant |
sull and complete title thereto, and |
shall have full power and authority
20 do and perform all acts necessary,
lseful and proper to fully and com
oletely wind up and liquidate it's af-
airs, and distribute it's proceeds, if |
any, among the stockholders.
ARTICLE VIII.
No stockholder shall ever be held
liable or responsible for the contracts,
faults, or debts of said corporation,
Tor shall any mere informality in it's
have the effect to render
his charter void or exposing a stock
holder to any liabilities beyond the I'M
paid balance, if any, due said corpo-
alton on shares owned by him.
Thus done and passed at my office
n the town of Covington, in the Par
sh of St. Tammany, State of Louisi-
ana, on the day, month and year above
written, in the presence of D. J.
Johnson and C. Seymour, both COM
)etent witnesses of lawful age, who
signed their names, with said appear
ers and me, notary, after due reading
If 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, so shares. i
PAUL ]. LACROIX, so shares.
Per B. B. Warren.
GEO. NJ. 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.