St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-10-15


of st. Tammany, State of Louisiana
and in the presence of the ys.tnesse
hereinafter named and undersigned
personally came and appeared tn
persons whose names are hereunt'
SUBSIDIZED, all of full age, who sever
ally declared that, availing them
selves of the provisions of the law
of the State, relative to corporations
and this organization they have cove
nanted and agreed, and by these
presents do covenant and agree ant
bind themselves, as we'll as sucl
other persons as may hereafter be
come associated with them, to form
and constitute corporation anG
body polite in law, for the objects
and purposes and under the stipula.
tons, articles and conditions follow.
| ing, to-wit:
ARTICLE /.
| The name and style of this cor.
| poration shall be the st. Tammany
Truck Growers Association, and its
domicile is hereby established at
iAbita Springs, in st. Tammany Par
ish, Louisiana, and under it's corpor-
ate name said corporation shall have
power and authority to contract, sue
and be sued, to make and use a cor
porate seal and the same to break
or alter at pleasure, to receive, hold,
have purchase, improve, ALLEVIATE,
convey, borrow, mortgage and n.y.
pothecate, under its said corporate
name. property, real, personal and
mixed, to name and appoint such
managers, agents, directors and off,
GERS as its business interests and con-
.venience may require, to make and
establish such bylaws, rules and
regulations for the proper manage
ment and regulation of its affairs as
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 for
the period of ninety-nine years from
and after the date hereof.
The president, or in his absence
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
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-
velop' 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, ,000.00) dollars, divided into
and represented by ten thousand
(10,000) shares Of the par value of
five ($5.001 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 its
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 d.
rectors ten days written notice of his
intention or desire to 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 ($3000.0O) dollars of the capt.
tai stock shall have been subscribed
for.
ARTICLE Nv.
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 a 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
stockholders 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
president, secretary and treas
urer, and ali 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 an annual elec-
tion, or to elect the officers as above
provided for, shall not result in a
dissolution of this corporation, but
the then board of directors and Of
feers 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 a meet
ing called for mat purpose after ten
days prior notice in writing sent by
mail to said directors at their last