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

December, 1910 and annually there
after an election shall be held at the
office of said corporation, after ten
days notice shall have been given by
postal card directed to each stock
holder. and the directors then elected
hall take their seats Immediately,
after their election. The Board Of
Directors shall at their first meeting,
which shall take place Immediately
after the election of Directors, elect
a president, vice-president, secretary
and treasurer. The said Board of Di-
~ectors shall have power to make.
change or alter all rules, bylaws,
rules and regulations for the manage
nent Of the business affairs of this
corporation, to purchase, sell, mort
gage or pledge property, personal,
movable or immoveable, and to do all
other matters and things necessary
and proper in the management of the
business of said corporation. They
shall appoint officers, agents, clerks
and employees and fix their salaries
and their duties, and seven of said
Board shall constitute a quorum for
the dispatch of or transaction of all
business. Any vacancy occurring in
he Board of Directors, and should
there be any vacancy occurring in the
office of president or should the presi-
lent be absent or unable to act from
any cause, then the vice-president
shall act as president pro tenn. Any
stoekholder owning one share or more
shall be eligible as director, provided
hat only one member of any firm shall
be eligible as director.
ARTICLE VI.
Whenever this corporation shall
terminate, either by limitation or from
any other cause, its affairs shall be
iiquldated under the superintendent
Of three stockholders to be appointed
or that purpose by a general meeting
If the Stockholders, convened after
twenty DAYS notice by postal card to
each stoekholder, and with the assent
of the majority of the stockholders in
amount OF capital stock. Said COM
mlssloners shall remain in office until
the affairs OF said corporation shall
have been FULLY liguidated, and in case
OF death OF any one or more of said
commissioners the survivors shall con-
tinue to act.
] ARTICLE VII.
| This act of Incorporation NAV be
changed or the Corporation NAV be
dissolved with the assent of three
fourths OF the stock represented and
a majority in amount thereof, at any
general meeting of the stockholders
| of said corporation Convened. for such
purpose, after thirty DAYS nreyious
notice of such meeting shall have heen
| given bv sending postal cards TO each
stockholder.
ARTICLE VIII.
No stockholder shall ever he hald
liable for the contracts or FAINT. of
said corporation in any further snn
than the unpaid balance due on tba
| shares of stock then owned by hin,
nor shall any mere informality in or,
ganiZation have the effect of render
ing this charter null or exposing .
| stockholder to any liability beyond the
amount of his stock.
i ARTICLE TX.
| This corporation shall go into opera
tion as soon as five hundred shares 0
the capital stock shall have been sub
scribed and paid for.
! ARTICLE x.
| All transfers of stock shall be mad
on the books of this corporation On th
surrender of certificate of the stoch
and in the pcesence of the secretary
The person to whom the stock is t.
Transferred, must be acceptable oth
Board of Directors, and such perso
shall sign the charter as an origin:
member, for each share of stock thu
transferred.
:. Thus done and passed in my office
in the town of Vaudeville. parish {
! St. Tammany, State of Louisiana, 0
the day, month and year herein frs
above written, and in the presence c
the undersigned competent witnesse:
Original Signed:
DR.. Alonzo Ovens, 5 shares: Cha.
A. David, 25 shares; Mrs. Chas. A
Z. David, 10 shares: Miss K. Rodd, /
shares; Miss NJ. Rodd. 10 shares; Mis-
L. Rodd, 10 shares; Henry Zarich Jr
/ share; Ruben Pizzetta, / share
Geo. Edward Smith. share; Mrs.
Anthaume / share, Robert Aubert,
shares; H. E. Ellis, 10 shares; R. E
Paine, 10 shares: l.. M. Thoms
son, 10 shares, E. Marine Is shares
Geo. Smith, 2 shares; A. Parisy,
shares; Mrs. A. Parisy. 5 sssares; E
III. David, ! share, Prudnomme,