St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-10-01

come associated with them, to forI
and constitute corporation an
body polite in law, for the object
and purposes and under the stipuls
tions, articles and conditions follow
ing, to-wit:
ARTICLE l.
The name and style of this cor
poration shall be the St. Tamman
Truck Growers Association, and it
domicile is hereby established a
Abita Springs, in St. Tammany Par
ish, Louisiana, and under it's corpor
ate name said corporation shall hav
power and authority to contract, SUI
andsbe sued, to make and use cor
porate seal and the same to breal
or alter at pleasure, to receive, hold
have purchase, improve, ALLEVIATE
convey, borrow, mortgage and by
pothecate, under its said corporal,
name, property, real, personal anl
mixed, to name and appoint suc1
managers, agents, directors and off
GERS as its business interests and con
Ven1ence may require, to make anC
! establish such bylaws, rules anl
regulations for the proper manage
ment and regulation of its affairs al
may be deemed necessary and proper
to carry out the objects and pur.
poses Of said corporation.
Said corporation, unless sooner
dissolved, in accordance with Its
charter, shall exist or continue fo1
the period of ninety-nine years from
and after the date hereof.
Tho nrpSi6o11f IN b;c yot,
the vice president, or in the absence
OF both, the secretary shall be the
proper person upon whom citation or
other legal process shall be esrved.
ARTICLE II.
The objects and purposes for
which this corporation is ablished,
and the nature of the business to be
carried on by it, are declared to be:
The raising, buying, shipping, on
consignment or otherwise, and SELL
ing, either for itself OR others, all
farm products, including fruits, vege-
tables, milk, eggs, poultry and live
stock, the buying and selling, either
for itself or others, of all kinds of
merchandise, and the operating of a
general merchandise store or stores;
and generally to do everything that.
is incidental to or connected with
the carrying on of said businesses,
and that tends to promote and de-
yelop the agricultural and stock in
terests of st. Tammany Parish.
ARTICLE III.
The capital stock OF this corpora
tion is hereby fixed at fifty thousand
$3.50, 0,000.00) dollars, divided into
and represented rby ten thousand
(10.OOOO shares of the par value of
five ($5.00) each, which may be is
sued at not less than par for cash,
Or in payment or exchange for prop
erty or rights actually received or
purchased by said corporation; pro-
vided no stock shall be issued unless
the consideration therefor has been
received by said corporation. All
transfers of stock shall be made on
the books of said company at it's
office at Abita Springs, La, on the
surrender of the certificate therefor.
No stockholder shall have authority
or right to sell or otherwise dispose
of his stock, in whole or in part,
without first giving the board of di-
rectors ten days written notice of his
intention or desire toi dispose of his
stock, or part thereof, and allowing
the board of directors the first op-
portunity of purchasing the stock.
Said corporation shall become
going concern and be authorized to
do business as soon as three thou
sand ($3000.00) dollars of the capi-
tai stock shall have been subscribed
for.
ARTICLE ".
The corporate powers OF this cor
poration shall be vested in and ex-
ercised by board of seven directors,
consisting of president, vice presi-
dent, secretary, treasurer and three
stockholders, four of whom shall
constitute quorum for the transac-
ton of business. Said directors shall
be elected annually from among the
stockholders on the third Tuesday
of September of each year, COM
mencing in September, 1911.
Notice of such election shall be
given at least ten days publication
in daily of weekly newspaper pub
blished in the parish of St. Tam
many, Louisiana, Immediately pre-
ceding said election. At said cleo
ton and at all other meetings of the
the voting shall be by
ballot and each share of stock shall
be entitled to one vote by the owner
in person or by written proxy.
Within one week of their election,
as above provided for, the board of
directors shall elect from among
their number a president, vice
a secretary and a treas
urer, and all of said officers and di-
rectors shall hold their respective
Offices for a period of one year from
the date of their election, or until
their successors are elected. But
the failure to hold az annual elec-
ton, or to elect the officers as above
provided for, shall not result in
of this corporation, but
the then board of directors and Of
ficers shall hold their Offices until
their successors are duly elected.
Any vacancies occurring in said
board of directors shall be filled by
the remaining members Of the board
for the unexpired term, at meet
ing called for lnat purpose after ten
days prior notice in writing sent by
mail to said directors at their last
known address.
The said board of directors shall
have power to make all bylaws,
rules and regulations for the proper
and conduct of the af-
fairs of this corporation, and to
change, alter, abolish or amend same
at pleasure, and shall exercise all the
powers conferred by law on this cor
poration and as set forth generally
above. The said board of directors
may also delegate any of said powers
in the transaction of the business of
This corporation to committees of
sheir own body or to the officers and
agents of this corporation.
The first board of directors of this