St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-07-09
CHI a RTER
GOVlNCTON SAW MILL AND MANUFACTURING
COMPANY.

OusHI AM.
United States of America, State of Louisiana
Parish OF st. Tammany.
BE III KNOWN, That on this, the 3Ist day of
May, A. d., 1910, before me, Harvey E. Ellis. a
notary public in and for the Parish of St Tam
many, State of Louisiana, duly commissioned and
qualified, and in the presence of the witnesses
hereinafter named and undersigned, personally
came and appeared the persons whose names
are hereunto subscribed, all of full age and resi-
dents OF st. Tammany Parish, Louisiana, who
severally declared. that availing themselves of
the provisions of the laws of this State relative
to corporations and their organization, they
have covenanted and agreed, and by these pres
ents do covenant and agree, and bind them
selves as well as such other persons as may
hereafter become associated with them, to form
and constitute body polite in law, for the pur-
poses and objects, and under the stipuIations,
articles and conditions following, to-wit:
ARTICLE
The name and title of said corporation shall be
the
CONVICTION SAW MILL AND MANUFAC-
TURING COMPANY,
and its domicile is hereby established at Gov
ington, St. Tammany Parish, Louisiana; and
Under its corporate name, said corporation shall
have power and authority to contract, sue and
be sued; to make and use corporate seal, and
the same to break and alter at pleasure; to hold,
receive, have, purchase, improve, ALLEVIATE, con-
vey, sell, borrow, pledge, mortgage and n.y.
pothecate, under its said corporate name, prop
erty, real, personal and mixed; to name and ap-
DO}nt sIch officers dirnctnrs aparts and man.
ayers or employees as the interest con-
yenience of said corporation may require; to
make and establish bylaws, rules and regula-
tons for the proper management and regula-
ton of its affairs, as may be deemed necessary
and proper, and the same to change and alter at
pleasure; and to all other acts and things per-
mitted by law, as shall or may be necessary
and proper to carry out the objects and purposes
of said corporation.
Said corporation unless sooner dissolved, in ac-
cordance with its charter shall exist and con-
tinue for period of ninety nine years from and
after the date hereof
The president, or in his absence the vice-pres-
dent, or in the absence of both, the secretary
shall be the proper person upon whom citation
and other legal process shall be served.
ARTICLEII.
The objects and purposes for which this cor
poration is organized and the nature of the
business to be carried on by it, are hereby de-
clared to be to operate and run saw mill or
mills in the Parish of St. Tammany, State of
Louisiana, or elsewhere, to manufacture, trans
port and sell lumber and its by-products; to
lease, buy and sell timber lands and other real
estate; to carry on general business for the
manufacture and sale of turpentne and rosin;
to conduct a general mercantile business or
commissary; to build, own or lease and operate
barges, lighters, sail or steam vessels; to con-
struct, maintain, own or lease and operate tram
ways railroads for the transportation of logs,
lumber and merchandise, and generally to do all
things that are necessary, incidental to or con-
nected with the carrying on of said business snd
the objects and purposes herenabove set forth.
ARTICL III.
The capital stock of this corporation is hereby
fixed at the sum of Two Hundred and Fifty
Thousand $3.50, 0OO.O0) Dollars, divided into and
represented by two thousand five hundred
(2500) shares of the par value of One Hundred
100000 Dollars each, which stock may be issued
at not less than par for cash, or in payment or
exchange for property or rights actually re-
ceived or purchased by said corporation, pro-
vided that all stock certificates shall be signed
by the president and secretary of said corpora
ton, and no stock shall be issued unless the con-
sideration therefor has been received by said
corporation.
All transfers of stock shall be made on the
books of said company, at it's office, on the SUI
render of the certificate therefor.
IT, L. rirbf
to sell or otherwise dispose of his stock in whole
or in part without first giving the Board OF
Directors ten QO) days written notice of his in
tention or desire to dispose Of any of his stock
or part thereof, and allowing the Board of
Directors, or in its default any stakeholder, the
first opportunity of purchasing the stock.
, This corporation shall commence doing busi-
ness as soon as Ten Thousand $50 00O.0O Dol
lars of its capital stock shall have been sub
scribed for and paid in, as above provided.
ARTICLE w.
The corporate powers of this corporation shall
be vested in and exercised by board of direct
ors, which shall consist of six (6) stockholders,
a majority of whom shall constitute quorum
for the transaction of business. Said directors
shall be elected annually from among the stock
year. commencing in May 1911.
Notice of such election shall be given by two
(2) publications in a newspaper published in the
town of Covington, La within fifteen u5) days
Immediately preceding the election.
At said election, and at all other meetings OF the
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 president, vice.
president, and secretary and treasurer pro-
yided one person may hold the office of both
secretary and treasurer, and all of SAID ofhcefs
and directors shall hold their respective offices
for period of one Cd year from the date OF
their election, or until their successors are
elected. But the failure to hold an annual cleo
ton. or to elect the officers as above provided
for shall not result in dissolution of this cor
noration. but the then Board of Directors and
officers shall hold their offices until their sue
cessors are duly elected.
Any vacancies occurring in said Board OF
Directors shall be filled by the remaining men,
hers of the board, for the unexpired term at a
meeting called for that purpose after ten Gays
notice in writing, sent by mail TO sara olreceoi
at their last known residence.
The said Board of Directors shall nave the
nover tn make all bylaws, rules and regulations
for the proper management and conduct OF the
affairs of this corporation, and to change, alter
oho,;sh and amend same at pleasure, and shall
have and exercise all the powers conferred by
lou, m this corporation, and as set forth gen.
orally above.
The said Board of Directors may also delegate
any of sad powers in the TRANSACTION Oh 'he
business of this corporation to committees OF
their own body or to the officers and agents OF
this corporation.
The first Board of Directors of this corpora
.;or arc hereby declared to be August Stef,