St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-06-17

names are hereunto subscribed, all |
of full age and residents OF 81.
Tammany parish, Louisiana, VINO
seyerally declared that awaiting
themselves. of the provisions OF the
laws of this State, relative to cor
porations and their organlzatlon,
they have covenanted and agreed,
and by these presents do covenant
and agree, and bind themselves as
well as such other persons as may
hereafter become associated Win
them. to form and constitute body
nolitic in law, for the purposes ana
objects. and under the stipulatlons,
articles and conditions following, TO-,
wit:
The name and title of said cor
noration shall be the CONVICTION
LUMBER COMPANY, and It's domi-
Gle is hereby established at Covlng-
ton, St. Tammany Parish, Louisiana,
and under it's corporate name sald
corporation shall have power anu
authority to contract, sue ana De
sued: to make and use corporate
seal, and the same to break anu
/ alter at pleasure; to hold, receive,
have purchase, improve, allenate'
! convey, sell, borrow, pledge, mort,
gage and hypothecate, under It's SAID
/ corporate name. property, real, per
sonal and mixed; to name and ap-
point such officers, directors, agents
and managers or employees as the
interest or convenience of said cor.
poration may require; to make ano
establish bylaws, rules and reguia
tions for the proper management
and regulation of it's affairs, as ma!
he deemed necessary and proper, AM
the same to change and alter
pleasure. and to do all other act
and things permitted by law, OF a
shall be necessary and proper u
carry out the objects and purpose
of said corporation. :.
Said corporation unless sooner ois
solved. in accordance with II
charter, shall exist and continue 1o
period of ninety-nine years froi
and after the date hereof.
The president, or in his absenc'
4 the vice president, Or III the aDsen !,
of both, the secretary, snail ne u
proper person upon whom cltatlo
and other legal process shall be ser
? ed.
Il ARTICLE II.
a. The objects and purposes +
i which this corporation IS organH,
and the nature of the business TO
carried on by it, are hereby deciar'
to be to operate and run Sd
mill or mills in the parish OF
ITammany, State of Louisiana, or els
where; to manufacture, transpc
of and sell lumber and its by-product
to lease, buy and sell timber Ian
is, and other real estate; to carry on
n general business for the manufactu
and sale of turpentine and rosl
r. to conduct a general mercantile bu
ness or commissary, to build, own
lease and operate barges, l1gtne
ay sail or steam vessels; to constr'
m, maintain, own or lease and opers
til tramways or railroads for the tral
nortation of logs, lumber and mer'
landise, and generally to do all tn1I
lb- that are necessary. incidental TO
m. connected with the carrying on
Isaid business and the obJects a
tn. purposes hereinabove set forth.
m ARTICLE III.
law The capital stock of this corpo
ton is hereby fixed at the sum
five hundred thousand ($500, 000.t
err dollars. divided into and represen
nv FIVE thousand (5000) share OF
mar value of one hundred -($100.t
err dollars each, which stock may
issued at not less than par Tor ca
or in payment or exchange for pr
IL Ierty or rights actually received
purchased by said corporation, I
vided that all stock certificates 81
be signed by the president and SCI
ces1 tary of said corporation, and no Sc
ohd shall be issued unless the consid'
anu ton therefor has been received
said corporation.
All transfers of stock shall be m
In on the books of said company. at
office on the surrender of the Ger
cate therefor. /,
No stakeholder shall have autl
ity or right to sell or otherwise
ipose of his stock in whole or in
at without first giving the board OF
Irectors ten (10) days written nc
of his intention or desire to dis
ter of any of his stock or a part tn
of. and allowing the board OF d
Don tors or in its default, any stockh
err. the first opportunity OF pure
ae ing the stock.
This corporation SHALL comm
Idoing business as soon as ten tE
Z at and $50, 69a.9b) dollars of its
- ata,1, cbo1I have hcef SubScr
I for and paid in, as above provl
ARTICLE w.
:. ii The corporate powers of this
az a. poration shah be vested in and
nooi ercised by board OF aarec
which shall consist of four Cd 8,
holders, majority of whom
constitute quorum for the Il
good action of business. Said die
ense, shall be elected annually from ar
xion, the stockholders on the first Mo
good of June of each year, CONNER
the i'll June, 1912.
aulty Notice of such election sfaal
liver given by two (2l publications
e by newspaper published in the TOW
Coyington, La, within lift zen
DAYS Immediately preceding
election.
At said election, and az all
,o,. meanings If the stockholders,
- voting shall be by ballot, ana
share of stock shall be entitie
ca, Lone vote by the owner IN perso
Ia, by written proxy.
~. within one week Of their ele
2sth az kbove provided for, the pcs