St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-12-17
Act OF Incorporation OF
ST. TAMNIANY NAVAL STORES
COMPANY.
State of Louisiana,
Parish of St. Tammany,
Town of COyington.


Be it known, that on this, the 18th
day of December, in the year of our
Lord, one thousand nine hundred and
ten. and OF the independence of the
United States of America, the one
hundred and thirty-fifth, before me,
Fred ]. Heintz, Jr., notary public,
duly commissioned and qualified in
and for the town, parish and state
aforesaid, therein residing, and in
the presence of the witnesses here
matter named and undersigned,
personally came and appeared the
several persons whose names are
hereunto subscribed, who declare,
availing themselves of the provision
!, of the laws OF this state relative to
the formation and organization of
corporations, they have covenanted
and agreed and do, by these pres
ents, covenant and agree and bind
themselves, as well as those who may
hereafter become associated with
them, to form themselves into a cor
poration for the objects and pur-
poses, with the name and under the
stipulations following, to-wit:
ARTICLE l..
The name and style of this cor
poration shall be St. Tammany Naval
Stores Company, and, by said cor
porate name it shall have succession
and enjoy existence for period of
ninety-nine years, unless sooner dis
solved, in the manner provided by
law, and the articles of this charter,
and, under said corporate name, 1T
shall have power and authority to
contract, sue and be sued, to make
and use corporate seal, the same
to alter and break at pleasure, to
make all necessary rules and regu
lations for It's corporate management
and control, and shall have and en-
Joy all the rights, privileges and i'm
munities which are now conferred
upon, or may hereafter be granted
to corporations of the same kind and
character.
ARTICLE II.
The domicile of this corporation
shall be in the town of Covington,
State of Louisiana, and all citations
and other legal process shall be serv-
ed upon the president, or, IN MS
absence or inability to act, upcn any
other officer OF the corporation.
ARTICLE III,
The objects and purposes for
which this corporation is organized
are hereby declared to be to engage
in producing and manufacturing OF
turpentine, rosin, rosin Oil, pine Tar
and all other naval stores products;
to buy and sell turpentine, rosln, ros.
oil, pine tar and all other nava!
stores products; to buy and sell real
estate. turpentine privileges, leases
timber for saw mill purposes and al
other commodities connected with
naval stores, to acquire, by lease OF
otherwise, timber, and to OWL
lease and operate turpentine farms
and stills; to buy and sci
merchandise of all classes; to Dor
row and loan money and secure
mortgage, pledge or other form o
security: and when in necessary neet
it's business may acquire, by pur
chase. lease or otherwise, and ma!
operate tram-ways, railroads. tanl
cars. terminals, landings, steam
boats and other water craft, but no
as a common carrier, and to operat
saw mills.
ARTICLE ~.
Phe capital stock of this corpora
tion shall be fifty thousand dollars
ls0,000.o0.),. divided INTO fiyt
hundred 5000 shares, of the pa
value of one hundred dollars $loe.
00.) each, said stock shall be issue
only for cash. or in payment OF prop
.erty or services actually received D
or rendered to said corporation. I'M
corporation shall commence, pusl
ness and become going concern a
soon as ten thousand dollars OF II
capital stock shall have been sur
scribed and paid for; the residue Q
said stock shall be fully paid at tn
time of its issuance and thereafte
>non- assessable, and the capital stoc
may be Increased or decreased l.
the E>anner provided by laws OF thi
state.
The partiestaf this act declare
that they hereby snhscribe fer tn
number Of shares OF ssid capita
stock set opposite their resTsctk..v
signatures hereto, so that this act~e
incorporation shall serve as an orig
nal subscription.
ARTICLE v.
All the powers of this corporate