St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-07-02

4 d
All transfers of stock shall be made on tn
books of said company, Mt its Office, on the su,
render of the certificate therefor.
No stakeholder shall have authority or RICH
to sell or otherwise dispose Of his stock in who'll
or in part without first giving the Board o
Dhrsceo1s zen wv Gays written notice OF MS IN
oehsioh " oesire 70 sispose OF any OF ms stocl
ps1s snersoi' anu ahoWing the board O
DHec'ors, OF IN us aeaauit any ssocknoider' TN
hrss opportunity OF purchasing the stock.
This corporation shall commence doing bust
ness % scan ~ Ten thousand $50 OOOO0) Dol
lara OF III eapitai STOCK snail have been sub
scr1oeo 1of ana paad m as above provided.
ARTICLE w.
The corporate mower. If tb;. cornor.+ian sba,
he vested In and exercised bv boari of d,,ect.
ora, which shall consist Of ak fs) stockhoIders
a majority of whom sbs,l constitute = oporru
for the transaction NJ hus,neaa Said ,;rector,
shall be elected annuallv fron among tho stock.
holders ON the fourth Monday If Nav ~ each
wear. commencing IN Nav 1a,1
Notice Of such elac+,o- .h.l, 10 ,,;,,e,, r +,,,o
(2) notifications IN . ,,h1;.h.d =, ~.
town of cov;noton Tn w;tb;, sft.o,, f,s, d.ve
immediately nreca.1;no tho a,.c+;o,
Al said election and At Al, other ,ne.t;no. IF the
stoclho,d.rs The vo+;n, .he, y. h, h.I,o+ =,
each shave If stool ,h.l, 10 .,,+:tIs - -, -.
nv tba o,yn.r 4; ,,.~.o,, - h ,,,-,.t.,,
w;th;n ono waaL ,r 4ha,~ .,..t,o, - 49,,
,r,,,idsd for tha No., 20 n,..,.o,.. .h.,, 49,.
fror, on,ona thai. ,,u,,,h., :. nrs.,a.,,t ,;o.
president. and . s.cretarv and traasorer nro-
vidad one nsrson NAV hold +ha of,,c. Of 10Th
aacrct.rv an, +ra..,,rer .rd al - ..;d ,es..-.
and directors shan hold the;r re.r.c+;ve ofF;ceo
for a ner;od ~ one fnivaar FROM. +be dats -
their e,ect;an. or nnt;I tha;r s,,ccs.sors ave-
elected Pint the failure n hold an .nr,., s,ec.
ton. or to elect the officers as above nrov;deta
for. shall not result in dissolution Of this cor-
norat;on- hut the then BOARD of r,;racto-a and
officers shah hold their Offices until their sue.
cessors arc dn,v electe,,
ANY vacancies occurring IN said Board at
Directors shall be filed BY the remaining mem
bers Of the board. for the unexnired term. Mt a
meeting called for that purpose after ten DAYS
notice In writing. sent by mail to said director
at their last known residence.
The said Board of Directors shall have the
power to make all bylaws. rules and regulations
for the proper MANAGEMENT and conduct Of the
affairs of this corporation. and to change. alter,
abolish and amend same at pleasure, and shall
have and exercise all the powers conferred by
law on this corporation, and as set forth gen.
orally above.
The said Board of Directors may also delegate
any OF sad powers in the transaction Of the
business of this corporation to committees of
their own body or to the officers and agents Of
this corporation.
The first Beard of Directors of this corpora
ton are hereby declared to be August Stef,
Nemour Cousin, Charles Noel, Mrs. Juste
Bruey, Widow Henry Clay Cousin and Alfonso
Stef, with August Stef as president, Nemour
Cousin as vice-president and Charles Noel as
secretary and treasurer, who shall hold their re-
spective offices until the fourth Wednesday in
May, 1911, or until their successors are elected.
It shall be the duty of the president of this
corporation, or In the event CT MS inapihty 10
act, the vice-president' TO eau meeting OF the
Board OF Directors or OF the STOCKHOLDERS Thereon
on the written request TO that effect signed by
two or more directors, or upon the written re-
quest to that effect OF ten per cent OF the capital
stock.
ARTICLE v.
This corporation may be dissolved by vote
of three-fourths of the capital stock thereof, at
a general meeting convened for that purpose
after forty days advertisement in newspaper
published IN the town OF Covington, st. TAM
many Parlsn, La, Immediately preceding SAID
meeting and written notices OF the oo,ects OF
SAID meeting sent TO each OF the stocknoiders
thirty tSOl days immeoiately prior 70 SAID meet
ing at has last known place OF residence.
whenever TINS corporation IS dissolveo'
whether by limitation or otherwise, Its affairs
snail ne Aquidated by three VI hquidatang COM
missioners TO De eiected at general meeung'
and in case of death or inability of any Of the
said commissioners the surviving commits
-, .-.,
they shall continue said liquidation to Its ter
m;rat;on
Aprrrrr ur
AnAAOAn VIZ
This charter nav be changed. altered or
- -. .S.,.ss !.
amended. and the capital stock increased or De,
creased, by a vote of two-thirds of the capital
stock issued at general meeting called for that
49, 60 go. ION, a.. a.;, 10 =
purpose, a1.ef .nirts VOW aass plio1 no.ce M
his hast known residence stating the object Of
| said meeting, ana forty t4o, Gays advertisement
! in q newspaper published in the town Of Cow
;ro+on e. Tammanv Parish. Ia IN which the
$500
oD'ecto1 tne meesine ID a'so ssaeeo.
ARTICLE VII.
/ r.,.r..,
I - s'e. 49, = - -
s - Va. 80 y. -. 49,,
him ~, nor sha11 anv mere ;nforma,;tv n the or
SANITATION herein have the effect Of rendering
this charter null, or of exposing any .tockholdel
to any m; nab. Liability beyond the unpaid balance '0'
oohs aha q 81 my st.ts