St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-10-29

L
constitute the first board of directors,
namely DR.. A. H. Grimmer, DR.. D.
Harvey Dillon, DR.. B. B. Warren, P.
III. Lacroix, A. c. Mccormack, Ed
mund Stern, Edward Kentzel, A. II.
Smith and Lawrence Cole, OF which
A. H. Grimmer is president, Law
renee Cole, vice president; A. r.
Smith, treasurer, and Louis j. Hen
Messy, secretary. The failure from
any cause to elece directors on the
day stipulated shall not dissolve this
corporation, but the officers and di-
directors then in Office shall hold
over until their successors have been
elected and qualified. In the event
of failure to hold the election on the
day stipulated shall not dissolve this
call a new election Immediately
thereafter, within ten days notice as
hereinabove provided. Any director
shall have the right to vote on all
questions before the board, either in
person Or by proxy, and when by
proxy, the person holding same to be
counted in place of the absent men,
Der. The board of directors shall
have power to fill any and all vacan-
cies occurring in it's membership
from among the stockholders of the
control Of the property of this cor
poration and shall conduct and man
age it's business. They shall APP
point such officers, agents, managers,
employees, servants and clerks as
may be necessary for conducting the
business and affairs of the corpora
ton, shall fix their compensation and
shall have the right to dismiss them
at pleasure, and may make and es-
tablish, as well as alter and amend,
any and all bylaws, rules and regu-
lations for the conduct, support and
management of the business and at
fairs of the corporation. Said board
of directors shall have full power to
contract debts. borrow money, issue
notes, bills Of exchange, bonds and
other obligations, execute and grant
mortgages, and receive same and
generally to do all things necessary
for the conduct of the business. And
shall have full power to issue and
deliver full paid shares of stock for
cash or property received, services
performed or labor done. All certi-
ficates of stock of this corporation
after being duly ordered issued by
the board of directors, shall bear the
seal of this corporation and be sign
ed by the president and the secretary.
In the absence of the president, then
signed by the vice president.
ARTICLE vi.
This charter or act of incopora-
ton may be changed, modified or
amended, or this corporation may be
dissolved, at general meeting OF
the stockholders convened for that
purpose, with the consent of three
fourths of the capital stock present
or represented at such general meet
| ing as hereinabove provided in arti-
Gle five. In case of the dissolution
| of this corporation either by limita-
ton of it's charter or for any cause,
it's affairs shall be liquidated by three.
commissioners selected by the stocA
| holders at a general meeting held as
| above set forth. The said commits
| sioners shall remain in Office until
the affairs of the corporation shall
| have been fully liquidated. In case
of the death or incapacity of one or
| more of the commissioners, the sur
| vivors or survivor shall continue to
act. Said liquidators are hereby in
vested with full power to sell any
and all assets and property, both real
and personal, Of the corporation. aad
give and grant full and complete title
thereto, and shall have full power
and authority to do and perform all
acts necessary, useful and proper to
fully wind up snd liauidate its af-
fairs and distribute its proceeds, if
any, among the stockholders.
ARTICLE VII.
No stakeholder shall ever be held
liable or responsible for the con-
tracts, faults or debts of said corpora
ton, nor shall any mere ipformaility
ton, nor shall any mere informality
render this charter void or exposing
a stakeholder to any liabilities be-
yond the unpaid balance, If any due
said corporation on shares owned by
by him.
This done and passed in my office
in the town of Covington, in the par
ish of st. Tamany, State of Louisi-
ana, on the day and month above
written in the presence of Louis J..
Hennessey and Walter Galatas, both
competent. witnesses of legal age,
who signed their names, with said
appearers and me, notary, after due
reading of the whole
Witnesses:
| LOUIS ]. HENNESSEY.
! WALTER GALATAS.
| PAUL J. LACROIX, rs shars.
A. R. SMITH, 10 shares.
ED. B. STERN, rs shares.
A. H. GRIMMER, $50 shares.
J. D. HYLAND, 800 shares.
Per B. B. Warren.
B. B. WARREN, $50 shares,
| MRS. J. B. WORKMAN,
| IS shares.
| A. c. MCCORMACK,
IS shares.
E. D. KENTZEL, S shares.
L. W. Afford, 10 shares.
THOs. LACROIX, 1875 shares.
Per e. D. Kentzel.
L. COLE, 200 shares.
| Per P. J. Lacroix.
ID. J. JOHNSON, 800 shares.
| Per P. J. Lacroix.
LEON HEBERT, 25 shares.
Per P. J. Lacroix.
A. j. blanche, rs shares.
Per P. J. Lacroix.
A. WARENS, SO shares.
Per P. j. Lacroix.
| Ok. DILLON. SO shares.
| SlGMOND TRAUBE,
SO shares.
| Per P. J. Lacroix.
M. AUGUsTIN, SO shares.
Per P. J. Lacroix.
GEO. ROHEN, SO shares.
| Per P. j. Lacroix.
M. c. RICHARD, SO shares.
Per P. J. Lacroix.
| Z. u. DAVIS, Is shares.
Per P. J. Lacroix.