St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-06-03

the failure to hold an annual eiecdop,
or to elect the officers as above pro-
vided for, shall not result lin dis
solution of this corporation, but the
then board of directors and officers
shall. hold their officef until their
successors are duly elected.
ANY vacancies occurring IN said
board of directors shall be filled by
the remaining members Of the board,
for the unexpired term, at q meeting
called for that purpose after I'VE f51
days notice in writing, sent by mail
to said directors at their last known
residence.
The said board of directors shall
have the power to make all bylaw,
rules and regulations for the proper
management and conduct OF the al
fairs of this corporation, and 70
change, alter, abolish and amend
same at pleasure, and shall have anu
exercise all the powers conferred by
law on this corporation, and as set
forth generally above.
The said board of directors may
also delegate any of said powers Id
the transaction of the business or
this corporation to committees OF
CnelT OWN fUOuy VI W IAC VAAS0kO e-A~.~
agents of this corporation.
The first board of directors OF TINS
corporation are hereby -declarei TO
be, B. T. Toomer, August Stef. Isaac
Toomer and Alphonse Stef,s With
B. T. Toomer as president, August
Stef as vice president, and Isaac
Toomer as secretary-treasurer, who
shall hold their respective Of
fees until the first Monday in June,
I1912, or until their successors are
elected.
1t shall be the duty Of the presi-
dent of this corporation, or in the
event of his inability to act, the vice
president, to call a meeting OF the
board of directors or of the stock
tholders thereof on the written re-
quest to that effect signed by two or
more directors, or upon the written
Irequest to that effect of twenty per
tcents of the capital stock.
| ARTICLE v.
This corporation may be dissolved
by vote of three-fourths of the
capital stock thereof, at a general
meeting convened for that purpose
after forty days advertisement in d
newspaper published in the town of
Covington, St. Tammany Parish, La,
Immediately preceding said meeting
and written notices of the objects of
said meeting sent to each stockholder
thirty (3O) days Immediately prior
to said meeting, at his last known
place of residence.
| Whenever this corporation is dis
lsolved, whether by limitation or
otherwise, it's affairs shall be liqni-
dated by three Hquidating commits
sioners to be elected at general
meeting. and in case of death or in
ability of any of the said commits
sioners, the surviving commissioners
shall appoint successor and to-
gether they shall continue said liqui-
dation to it's termination.
ARTICLE vi.
II This charter may be changed. al
! ltered or amended, and the capital
stock increased or decreased, by Q
vote of two-thirds of the capita
{ stock issued at general meeting
Icalled for that purpose, after thirt,
5 E(30o days prior notice In writing
4 having been sent to each stockholdel
e | at his last known residence, statins
: (40) days advertisement in news
r paper published in the town of Gov
j, lington, St. Tammany parish. Louisi
t ana, in which the object of the meet
e ing is also stated.
j. ARTICLE VII.
IL No stockholder shall be he'll
IS liable or responsible for the cor
II tracts or faults of this corporation
If in any further sum than the unpai
d balance due the company on share
of stock owned by him. nor shall an
mere informality in the organizatiO
l. herein have the effect of renderin
of this charter null, or of exposing an
y stockholder to any liability beyon
ID the unpaid balance due on his st0cl
le Thus done and passed in my Off
j in the town of Coyington, parish
,e lSt. Tammany, State-of Louisiana, G
h, the day, month and year hereinabo,
p m entioned, and in the presence
Dr. Messieurs W. A. White and Ka
O. ]. Kohnke, competent witnesses, WI
Ill have hereunto signed their nam
e with the said appaarers and m
elk notary, after due reading Of d
a whole.
by Witnesses.