St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-01-14

of the board of directors by virtue
of their office. The members OF the
board of directors composed of stock
holders shall be elected by a major
ity of the votes cast at a meeting
to be held for that purpose each
year.
The board of directors so elected
shall continue in Office for the period
of one year, or until their successors
are elected, on which date and there
after annually, an election for direc-
tors shall be held at the Office of the
corporation in the parish of st. Tam
many, State of Louisiana. after
fifteen (15) days notice thereof,
shall have been given by publication
in newspaper published in the
parish of St. Tammany La, by two
publications during that time.
The following named persons shall
constitute the first board of direc-
tors: P. E. Theriot, Jack Boken-
fohr, E. J. Frederick, E. G.. Davis, G.
G. McHardy, A. o. Pons, Ernest j.
Domergue, Jr., Fritz Salmen, l.. M.
Bourgeois, A. Beaucoudray, Harvey
E. Ellis, D. H. Mason, D. J. Sanders,
Ernest Prieto, N. FitzSimons, ]. E.
Nilsson, Frank Patecek, r. L. Aubert,
Fred Pape, r. C. DelCorral, ]. L.
Smith, H. L. Garland, T. E. Brewster,
H. Clay Riggs and P. J. Lacroix, of
whom George Koepp, Jr., shall be
president; d. J. Sanders, second vice
president; E. ]. Domergue, Jr., first
vice president; J. L. Smith, third
vice president; Louis J. Hennessey,
secretary, and D. H. Mason, treas
urer; and shall hold officer until the
second Monday in January, 1912, or
until their successors are elected.
A failure to elect directors on the
date mentioned shall not dissolve
this corporation, but the existing
board of directors shall continue in
office, and another election shall be
held as soon thereafter as practical.
Every board of directors shall
select first vice president, a second
vice president and a third vice presi-
dent and treasurer from among
their own number, with the excep-
ton of the secretary who may or may
not be stakeholder. The president
of the police jury of st. Tammany
Parish, La, shall be ex-officio presi-
dent of this corporation by virtue of
Office.
ARTICLE VII.
Any vacancy occurring in the board
of directors, from any cause, shall
be filled by the remaining members
of the board of directors from among
the stockholders of the corporation,
Or from members of the police jury.
Five (5) members of the board of
directors shall constitute a quorum
NIL nth 1nI
by the board of directors.
The board of directors shall make
such bylaws, rules and regulations
as they think necessary, and change
and alter same at pleasure. Name
and appoint other officers and en-
ployees, and fix their salaries, term
of service with the right to dismiss
them at said boards pleasure. And
said board shall have the right to
determine and fix the salaries and
duties of said officers as will best
subserve the interest and welfare of
the corporation. They shall also
have the power to sell convey, mort
gage, pledge, lease, suitcase and
purchase property, movable, immov-
able, personal and mixed; borrow
and lend money, and issue notes and
bonds, make contracts aud to do all
things which may be necessary to
properly transact and manage the
business of this corporation.
ARTICLE TX.
This act of incorporation may be
changed, modified or amended or
said corporation may be dissolved
with the consent of majority of
the amount of stock present or repre-
sented at general meeting of the
stockholders of said corporation, and
convened for such purpose after
thirty (3O) days previous notice of
such meeting shall have been given
| by advertisement in one of the news
papers published the parish of st.
Tammany, by four publications DUR
| ing said time. Whenever this COR
poration is dissolved, either by
limitation or from any other cause,
it's affairs shall be liquidated under
thesu perintendence of three COM
missioners chosen for the purpose
| from among the stockholders. by a
| majority in amount of the stock
| holders as above set forth in this
| article In the event of the death or
inability to act of any one of the
| said commissioners. the survivors
shall continue to act.
| ARTICLE X.
| No stakeholder of this corporation
shall ever be held liable or respons-
ible for the contracts of faults there
of in any further sum than the uIi-
paid balance due the corporation on
the shares subscribed for or owned
by him, nor shall any informally
| in organization have the effect of
rendering this charter null, or ex-
posing a stakeholder to any liability
beyond the unpaid balance, If any,
of his stock.
Thus done and passed in my notar-
ial office, in the town of Covington,
Parish of St. Tammany, State of
Louisiana. on the day, month and
year herein first above written in
the present of competent witnesses
of lawful age, and residents of said
town, who hereunto sign their names
together with said parties and me,
notary, after reading of the whole.
D. H. MASON, / share.
i 3 JACK BOKENFOHR, shares.
| FRANK PATECEK, 2 shares.
| P. E. THEREOF, share.
4 E. G. DAVIS, 2 shares.
! FRED PAPE, 2 shares.
J. LOUIS SMITH, 2 shares.
i D. J. SANDERS, 1 share.
L. M. BOURGEOIS, 2 shares.
N. H. FITZSIMONS, 1 share.
A. HELWICK, l share.
II MORGAN & RICHARD,
2 shares.
R. L. AUBERT, 1 share.
HENRY L. GARLAND,
l share.
r. E. BREWSTER, 2 shares.
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