St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-12-16

establish, as well as alter IN ! amend
any and all bylaws, rules and regu-
lations for the conduct, support and
management of the busiress and af-
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 to receive same, and
generally to do all things necessary
for the conduct of the buci1ess.
And shall have full power to issue
and deliver full paid shares of stock
for cash or property received. SER
vices performed or labor done. All
certificates of stock of this corpor-
alton after duly having been ordered
issued by the board of directors.
shall bear the seal of this corpora
ticn and be signed 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 incorpora-
ton may be changed, modified or
amended, or this corporation may be
dissolved at a general meeting of the
|
pose, with the consent of three
fourths of the capital stock present
or represented at such general meet
ing as hereinaboye provided in
Article 6. In case of the dissolution
of this corporation, either by limita-
ton of its charter or from any cause,
it's affairs shall be liuidcted by
three commissioners selected by the
stockholders at a general meeting
held as above set forth. The said
com issioners 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 survivor or survivors shall con-
tinue to act. Said liquidators are
hereby invested with full power to
sell any and all assets and property,
both real and personal. of the cor
poration, and give and grant full
and complete title thereto, and shall
have full power and authority to do
. and perform all things necessary,
, useful and proper to wind up and
, Iauidate it's affairs and distribute
it's proceeds, if any, among the stock
holders.
ARTICLE VII.
No stakeholder shall ever be held
liable for the contracts, faults OF
! debts of said corporation, nor shall
, any mere informality render this
: charter void or exposing a stock
, holder to any liabilities beyond thu
{ unpaid balance, if any due sid cor
| poration, on shares owned by him.
| This done and passed /. my office
in the town of Covington, parish o
, St. Tammany, State of Louisiana
r Oh the day and month above written
: in the presence of A. Beaucoudra.
t and L. J. Hennesey both competen
. witnesses of legal age, who signet
/ their names, with said appearers an,
: me, notary, after due reading of tn
|. whole.
f Witnesses:
: A. Beaucoudray
1 Louis J. Hennesey.
n Originally signed.
: Warren Thomas, rs shares, per A
t I'll. Grimmer.
: II. r. Warren, 10 shares, per A. Fl
n Grimmer.
;, K. v. Richard, share, per A. H
il Grimmer.
y Z. ]. Frederick, 2 share, per A. II
g Grimmer.
It j. L. Watkins, l share
J. l.. Cole, 10 shares. -
/, B. B. Warren, 20 shares.
: A. H. Grimmer, rs shares.
{, F.. B. Stern, 10 shares.
[. S. D. Bullock, 1 share.
n A. R. Smith, 1 share.
l. b. M. Smith, / share.
d A. c. Mccormack, / share.
l. l.. w. Afford, shares.
: Paul J. Lacroix, shares.
It Thomas Laereix, 5 shares.
f. r. J. MARTINDALE,
e Notary Public
s. A true copy.
/. F. J. MARTINDALE,
% Notary Public.