St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-10-01
number the officers of said company.
ARTICLE v.

i The board of directors shall have
| full power to fill vacancies in their
number caused by death, resignation
or otherwise, from among the stock
holders of the corporation.
The said board shall have full con-
troll of the property of this company,
| and so conduct, manage, and use the
same as in their discretion they deem
| fit, and that is consistent with the
| objects of this company, or the we
fare of same.
The said board is further author
lied to frame and adopt such by
laws, rules and regulations as the
| affairs and business of the corpora
ton may require, and as it may
deem necessary for the conducting
and management thereof, provided
the same shall not conflict with this
| charter, or with the laws of the
State, or the United States.
The said board shall elect or APP
point a secretary and such other Of
ficers. agents, employees, servants
and clerks as it may deem necessary
| for the conducting of the business
of the corporation; fix their eompen.
sation, term of service, with the right
! to dismiss them at said board pleas
ure; and the said board snail nave
the right to fix and determine the
salaries of several officers herein pro-
vided for.
ARTICLE vi.
This charter may be changed.
modified or amended, the capitai
stock increased, or this corporation
NAV be dissolved, at general meet
ing of the stockholders convened Tor
the purpose, with the assent OF three
fourths of the entire capital STOCK,
whether present or represented at
su,h meeting.
Ten days prior notice of such
meeting shall be given in written
notice by mail to last known ADDRESS
of every stakeholder.
In case of dissolution of termina-
In case of dissolution or term1na-
limitation of it's charter or from any
cause, the liquidation of it's affairs
shall be conducted by three commls-
sioners, selected from the stockhoid-
ers, with like assent, and at meet
ing called for that purpose, as above
set forth in this article.
Said commissioners shall remain
in office until the affairs of said cor
poration shall have been fully Hqul-
dated. In case of the death OF one
or more or said commissioners, the
survivors or survivor shall continue
to act.
ARTICLE VII.
No stakeholder of this corporation
shall ever be held liable or respons-
ible for the contracts or faults there
of, in any further sum than the
unpaid balance due the company on
the shares of stock subscribed Tor
or owned by him, nor shall any In
formality in organization have the
effect of rendering this charter null,
or exposing a stakeholder to any
liability. beyond the unpaid balance,
if any, on his stock.
This, done and passed in my no.
tarial office, in the town OF Si1dell,
Parish of St. Tammany, State q
Louisiana, on the thirteenth day on
August, and year first above written,
in the presence of Frank M. Hausner
and G.. c. Minturn, competent W.T.
nesses, of lawful age, and residents
of this town, who hereto sign their
names. together with said parties,
and me, notary, after reading OF the
whole.
Witnesses:
FRANK NJ. HAUSNER.
G. E. MINTURN.
e. P. DE BALLARD. M. p.
j. M. OLIVIER.
w. T. TIPPIN.
e. ELMO BOLL1NGER,
Notary Public.
State of Louisiana,
Parish of St. Tammany.
I, Lewis L. Morgan, District At
tcrney in an for the Twenty-sixth
Judicial District of the State of Lou
isiana, Parish of st. Tammany here
by certify that the foregoing act OF
| incorporation having been submitted
to me for examination as to its legal
lity, am of the opinion that the pur-
pose and and objects of the corpora
ton, as specified in said Act, are legal
land that none of the provisions
therein contained are contrary to
law. LEWIS Il. MOhGAN,
District Attonery for the 26th judi
dicial District of Louisiana
Il state of Louisiana,