St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-01-14
Charter of the
ST. TAMMANY EXPERIMENTAL
FARM AND FAIR ASSOCIA-
TION.
United States of America,
State of I.Oniaiana
Parish of St. Tammany.


United States of America,
State of Louisiana,
Parish of St. Tammany.
Be it known that on this day
of November, in the year CT our Lord,
one thousand nine hundred and ten,
and of the indepenence of the United
States of America, on the hundredth
and thirty-fifth: Before me, Edward
H. Richard, a notary public, in and
for the parish of St. Tammany, State
of Louisiana, aforesaid, duly COM
missioned and qualified, and in the
presence of the witnesses herein
after named and undersigned, per-
sonally came and appeared, the
parties whose names are hereunto
subscribed, all of full age, who de-
clare that, availing themselves of the
provisions of the laws relative to
the organization of corporations,
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 with
them, to form and constitute a cor
poration and body polite in law, for
the purposes and objects, and under
the stipulations, articles and condi-
tions, following, to-wit:
ARTICLE /.
The name and style of this cor
poration shall be, the ST. TAM
MANY EXPERIMENTAL FARM
AND FAIR ASSOCIATION, and by
that name it shall have power and
authority to exist and enjoy success
sion for the full term of ninety-nine
years from date hereof, unless sooner
dissolved.
ARTICLE II,
The domicile of this corporation
shall be in the town of Covington,
in the parish of St. Tammany, State
of Louisiana. All citations and other
legal professions shall be served ION
the president, or in his absence or
inability to act upon the vice-presi-
dent. The president shall be the
executive officer of the corporation,
and shall preside at the meetings
of the board of directors and stock
holders.
ARTICLE III.
The objects and purposes for
which this corporation is established
and the nature of the business to
be carried on by it are hereby de-
clared to be to operate and conduct
a fair, to operate an experimental
farm, for the purpose of demonstrate
ing the agricultural posi- bilities of
the soil, the raising of live stock.
poultry, etc. T build an athletic
field, race course, ETC.; to advertise
and exploit the parish of st. Tam
many; to build suitable buildings for
club houses, stables, exhibition halls,
grand stands, refreshments stands,
etc., to arrange for charge for ex-
hibits, entrance fees, acts and things
necessary for conducting a fair, and
for operating an experimental farm,
etc.
ARTICLE Nv
This corporation may sue or be
sued in it's corporate name, make
and use a corporate seal, the same
to break and alter at pleasure; hold,
have receive, purchase, convey, sell,
mortgage, hypothecate, pledge, lease,
suitcase, and enjoy real personal or
mixed property; also bgorroW and
lend money and make contracts;
make and establish such bylaws,
rules and regulations as may be
necessary, and the some to change
and alter at pleasure; and shall
possess all the rights and privileges
to which corporations are, or may
be authorized and entitled to pos
sess.
ARTICLE v.
The capital of said corporation
shall be fifty thousand ($50,OOO.0O)
dollars, divided into and represented
by two thousand 10000 shares OF
the sum of twenty-five ($25.00) dol
lars each, which said stock shall be
paid for in cash at the time OF sub
scription, or the same may be ISSUED
at not less than par, in payment OF
exchange for property or rights act
ually received or purchased by sale
corporation, or the same may bt
issued, full paid, for money advanced
and for such other valuable consid
Grafton or service, as the board O
directors of said corporation may de
termine, provided that not stool
| shall issue until consideration there
for has been received by said cor
! poration. Said shares of stock shall
| be signed by the president and TIL
secretary. At all elections by, O
meetings of, the stockholders, eacl
share of stock shall be entitled t.
one vote to be cast by the person il
| whose name the stock appears o.
the books of the corporation, or b.
his agent or proxy, duly authorized
to that eect fin writing. This cor
poration to become going concerl
as soon as the sum of five THOUSAND
(s5,OOO.0O) dollars is subscribed TO
and paid in.
| ARTICLE VI.
No stockholder shall have tn
authority or right to sell or other
wise dispose of his stock in who'll
or in part without first giving tn
board of directors fifteen G5) day
notice in writing of his intention o
desire to dispose of any of his stoc
or part thereof, and allowing tn
board of directors, or in it's default
any stakeholder, the first opportunit
of purchasing the stock. After whic
fifteen (15) days the stock shall b
sold in open market. The stock c