St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-12-17
Charter Of
THE LOUISIANA INVESTMENT
COMPANY.
United States of America
State OF Louisiana,


United States of America,
State Of Louisiana,
Parish OF st. Tammany.
On this. the 22d day of the month
Of October, 1910, before me, Lewis
L. Morgan, a notary public. IN r. ~
for the parish Of st. Tammany, Stats
of Louisiana, personally came an1
appeared the undersigned paI1IO1
and declared that they had nereDy
formed themselves into 0rporaslon
for the term Of ninety-nine yeaIs
from this date, under the name u
the Louisiana Investment C0mpanys
the domic;le whereof shall be ID tne
town Of Covington, parish OF ot'
Tammany, Louisiana, and the puf~
poses whereof shall be to finance
deals in real estate, stocks, Donos
and other securities; to borrow anu
lend money, to buy and sell property.
real or personal, to act as trustee IN
bankruptcy or as receiver or i1quida-
tor of individuals and corporations
or as agent for corporations or III.
dividuals, to act as depository, anu
to guarantee the value OF properly
and to audit and guarantee accounts.
No stakeholder shall be held liable
for any OF the debts or obligations OF
said company, except the amount
that may be due by each stockholder
for the unpaid balance of his SUD
scription to the stock Of said COM
pany.
Citation and other process shall
be served upon the president, and IN
his absence upon the secretary-treas-
urer.
The capital shall be one hundred
thousand ($100,000.00) dollars, al
vided into shares of one hundred
($1O0.OO) dollars each, payable
twenty-five (s25.00) dollars cash.
and the balance to-wit, the sum OF
seventy-fve (s75.00) dollars in
monthly installments of fifteen
($15.0O) dollars each until final pay
ment, and the corporation shall be-
gin business as soon as five thous-
and ($5,000.0O) dollars of the capi-
tai stock shall have been subscribed.
The affairs of the corporation shall
be managed by the board Of direc-
tors composed of five stockholders,
the first board of dictors to hold
Office until the first Monday in De-
cember, 1911, and thereafter to be
elected annually, by ballot, or as
soon thereafter as possible. Each
| share of stock shall have one vote
in all stockholders meetings, to be
| cast in person or by proxy. The
| first board of directors shall be CONF
posed of Jos. Delery, president; A.
J. blanche, vice president, e. J.
Domergue, Jr., secretary-treasurer;
J. s. Waterman and j. s. Jones, and
succeeding boards shall elect of
ficers from among their number.
This charter may be amended or
this corporation dissolved by a three
fourths vote of the stock represented
at meeting, held after ten days
| notice in writing, mailed to the
stockholders, and in case of dissolu-
tion the board of directors shall act
| as liquidators. The board of direc-
| tors will have the power to adopt by
| laws for the general management OF
the affairs of the corporation, and
can amend same at their pleasure.
| Thus done and passed at my Office
on said date in the presence of L.
J. Hennessey and T. e. Brewster,
competent witnesses who Singh here
to with said appearers and me, no.
tary, after the reading of the whole.
| Witnesses:
LOUIS ]. HENNESSEY.
T. E. BREWSTER.
| Originally signed.
EUGENE BOLIs. share.