St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-09-24
number the officers of said company.
ARTICLE v.

ARTICLE V.
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 secretary and such other Of
ficers, agents, employees, servants
for the conducting of the business
Of the corporation; fix their compen-
sation, term of service, with the right
to dismiss them at said boards pleas
ure; and the said board shall have
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 capital
stock increased, or this corporation
ing of the stockholders convened for
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 termina-
limitation of it's charter or from any
cause, the liquidation of it's affairs
shall be conducted by three commits
sioners, selected from the stockhold-
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 nave been fully liqui-
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-
BILE for the contracts or faults there
Of, in any further sum than the
unpaid balance due the company on
he shares of stock subscribed for
or owned by him, nor shall any in
effect of rendering this charter null,
Or exposing a stakeholder to any
liability, beyond the unpaid balance,
f any, on his stock.
This done and passed in my no.
arial Office, in the town of Slidell.
Parish of St. Tammany, State of
on the thirteenth day of
August, and year first above written,
n the presence of Frank M. Hausner
md G. G. M.nturn, competent wit
lesses, of lawful age, and residents
# this town, who hereto sign their
James, together with said parties,
md me, notary, after reading of the
Whole.
FRANK M. HAUSNER.
G. e. MINTURN.
E.. P. DE BALLARD. NJ. y.
], M. OLIVIER.
w. T. TRIFFIN.
E. ELMO BOLLINGER,
Notary Public.
State of Louisiana,
Parish of St. Tammany.
1, Lewis L. Morgan, District At
crney in an for the Twenty-sixth
judicial District of the State of Lou
,iana, Parish of St. Tammany here
y certify that the foregoing act of
having been submitted
} me for examination as to it's legal
", am of the opinion that the pur-
ose and and objects of the corpora
on, as specified in said Act, are legal
nd that none of the provisions
herein contained are contrary to
wv. LEWIS L. MORGAN,
district Attonery for the 26th Judi
dicial District of Louisiana.
state of Louisiana,