St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-10-29

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| constitute the first board Of directors
,amely DR.. A. H. Grimmer, DR.. n
Harvey Dillon, DR.. B. B. Warren. .
+, Lacroix, A. G. Mccormack. Ed.
nund Stern, Edward Kentzel, A. n
NTH and Lawrence Cole, of which
A. HI. Grimmer is president, Law.
renee Cole, vice president; A. ri
Smith, treasurer, and Louis J. Hen.
Messy, secretary. The failure from
any cause to elece directors on the
! day stipulated shall not dissolve thin
corporation, but the officers and III.
| directors then in Office shall hold
,ver until their successors have been
lected and qualified. In the event
failure to hold the election on the
ay stipulated shall not dissolve thia
all new election Immediately
hereafter, within ten days notice a.
nereinabove provided. Any director
shall have the right to vote on ali
questions before the board, either IN
person or by proxy, and when nv
proxy, the person holding same to be
counted In place of the absent men,
Der. The board of directors SHAH
have power to fill any and all vacan-
cies occurring in its membership
from among the stockholders Of the
control Of the property of this cor
poration and shall conduct and man
age its business. They shall an
point such officers, agents, managers.
employees, servants and clerks az
may be necessary for conducting the
business and affairs of the corpora-
ton, shall fix their compensation and
shall have the right to dismiss them
at pleasure, and may make and es-
tablish, as well as alter and amend,
any and all bylaws, rules and regu-
lations for the conduct, support and
management of the business and az
fairs 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 the business. And
shall have full power to issue and
|, deliver full paid shares of stock for
cash or property received, services
performed or labor done. All certi-
ficates of stock of this corporation
after being duly ordered issued by
the board of directors, shall bear the
seal of this corporation and be sign
ed by the president and the secretary.
In the absence of the president, then
signed by the vice president.
ARTICLE VI.
This charter or act Of incopora-
ton may be changed, modified or
amended, or this corporation may. be
dissolved, at general meeting of
the stockholders convened for that
purpose, with the consent of three
fourths of the capital stock present
or represented at such general meet
ing as hereinabove provided in arti-
Gle five. In case of the dissolution
of this corporation either by limita-
ton of it's charter or for any cause,
it's affairs shallbe liquidated by three
commissioners selected by the stock
holders at a general meeting held as
above set forth. The said commits
sioners shall remain in Office until
the affairs of the corporation shall
have been fully liquidated. In case
of the death or incapacity of one or
more of the commissioners, the sur
viyors or survivor shall continue to
act. Said liquidators are hereby in
vested with full power to sell any
and all assets and property, both real
and personal, of the corporation. aad
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 wind up and liauidate it's af-
TORS and distribute its proceeds. il
any, among the stockholders.
ARTICLE VII.
No stakeholder shall ever be held
liable or responsible for the con-
tracts, faults or debts of said corpora
ton, nor shall any mere informaility
ton, nor shall any mere informally
render this charter void or exposing
stakeholder to any liabilities be-
yond the unpaid balance, if any due
said corporation on shares owned by
BY him.
This done and passed in my Office
n the town of Covington, in the par
sh OF st. Tamany, State Of LOUISE
INA, on the day and month above
Written in the presence of Louis J.
dennessey and Walter Galatas. both
competent witnesses of legal age.
Who signed their names, with said
lppearers and me, notary, after due
'eading of the whole
Witnesses:
LOUIS j. HENNEssEY.
WALTER GALATAS.
PAUL J. LACROIX, rs shars.
A. r. SMITH, 10 shares,
ED. B. STERN, rs shares.
A. H. GRIMMER, $50 shares.
). ID. HYLAND, 500 shares.
Per p n worror,
B. B. WARREN, $50 shares.
MRS. j. B. WORKMAN,
A. C. MCCORMACK, 80 =
IS shares.
E. D. KENTzEL, S shares.
L. W. Afford, 10 shares.
THOS. LACROIX, 1875 shares.
Per e. D. Kentzel.
L. COLE, 200 shares.
Per P. !. Lacro;x
D. ]. JOHNSON, 800 shares.
Per P. J. Lacroix.
LEON HEBERT, rs shares.
Per P. J. Lacroix.
A. ). blanche, rs shares.
Per P. ]. Lacroix.
Per P. ]. Lacroix.
DR.. DILLON, SO shares.
SIGMOND TRAUBE.
SO shares.
Per P. ]. Lacroix.
M. AUGUSTIN, SO shares.
~ Per p. J. Lacroix.
GEO. ROHEN, SO shares.
Per P. j. Lacroix.
M. e. RICHARD, SO shares.
Per P. J. Lacroix.
T. e. DAVIS, 25 shares.