St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-06-10

1
action of business. Said directors |
shall be elected annually from amona |
the stockholders on the first Monday
of June of each year, commencing
in June, 1912.
/ Notice of such election shall be
given by two ~ publications in
newspaper published in the town OF
Covington, La, within fifteen CD
days Immediately preceding said
election.
At said election, and a1 all other
meetings of the stockholders, the
voting shall be by ballot, and each
share of stock shall be entitled to
one vote by the owner in person, or
by written proxy.
Within one week of their election
as above provided for, the board OF
directors shall elect from among
their number a president, vice
|president and a secretary and treas
urer, provided one person may hold
the office of both secretary and treas
urer, and all of said officers and di-
rectors shall hold their respective Of
fees for a period of one % year
from the date of their election, or
until their successors are elected. But
the failure to hold an annual election,
or to elect the officers as above pro-
vided for, shall not result in a dis
solution of this corporation, but the
then board of directors and officers
shall hold their offices until their
successors are duly elected.
Any vacancies occurring in said
board of directors shall be filed by
1.-THE remaining members Of the board,
y for the unexpired term, at meeting
| called for that purpose after five co.
days notice in writing, sent by mail
, Ito 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 af
fairs of this corporation, and to
change, alter, abolish and amend
4 same at pleasure and shall have and
, exercise all the powers conferred by
4 law on this corporation, and as set
!, forth generally above.
: The said board of directors may
e also delegate any of said powers in
d the transaction of the business of
e this corporation to committees of
e their own body or to the officers and
u agents of this corporation.
/. The first board of directors of this
0 corporation are hereby declared to
be, B. T. Toomer, August Stef, Isaac
e Toomer and Alphonse Stef, with
: B. T. Toomer as president, August
|, Stef as vice president, and Isaac
Toomer as secretary-treasurer, who
It shall hold their respective Of
IS fees until the first Monday in June,
y 1912, or until their successors are
n elected.
" It shall be the duty of the presi-
q dent of this corporation, or in the
$, event of his inability to act, the vice
j. president, to call a meeting of the
board of directors or of the stock
holders thereof on the written re
r quest to that effect signed by two OF
more directors, or upon the written
l. request to that effect of twenty pei
8 cent of the capital stock.
!: ARTICLE v.
ia This corporation may be dissolved
10 by a vote of three-fourths of the
De capital stock thereof, at a genera
le meeting convened for that purpose
ID after forty days advertisement in {
e. newspaper published in the town o.
e. Covington, St. Tammany Parish, La.
T. Immediately preceding said meetins
III and written notices of the objects o
+ said meeting sent to each stockhoide
p thirty 500 days Immediately prio
Us to said meeting, at his last know
nc place of residence.
" Whenever this corporation is dis
ID solved, whether by limitation o
a. otherwise, it's affairs shall be liqui
MT dated by three liquidating commits
ay sioners to be elected at genera
40 meeting, and in case of death or in
at ability of any of the said commits
US sioners, the surviving commissioner
as shall appoint successor and &c
TO gether they shall continue said liqul
es dation to it's termination.
ARTICLE vi.
Is This charter may be changed, al
It's tered or amended, and the capita
or stock increased or decreased, by
I'm vote of two-thirds of the capita
stock issued at general meetin
&c, called for that purpose, after thirt
zee 500 days prior notice in Writin
ne having been sent to each stockholde
ON at his last known residence, Stain
~ the object of said meeting and fort
(40e days advertisement in a new:
paper published in the town of Coz
Tor ington, st. Tammany parish, Louis
ed ana. in which the object of the NEE
De ing is also stated.
ed ARTICLE VII.
aW No stakeholder shall be hel
st. liable or responsible for the Goa
Sc. tracts or faults of this corporate
OFT in any further sum than the unpal
U.s. balance due the company on share
lbs of stock owned by him, nor shall AT
mere informality in the organfzatie
ire herein have the effect of renderif
IN this charter null, or Of exposing al
ISL stakeholder to any liability beyor
or the unpaid balance due on his stoc
IFS, Thus done and passed in my OH
uce in the town of Covington, parish
ATE st. Tammany, State of Louisiana,
MS the day, month and year hereinabo'
Gu mentioned, and in the presence
ngs Messieurs w. A. White and Ka
OF J. Kohnke, competent witnesses, wi
OF have hereunto signed their nam
ina with the said appaarers and m
notary, after due reading of t.
whole.
IA Witnesses:
Oh w. A. WHITE.
w KARL J. KOHNKE.
TED GEOGIA B. TOOMER,
the By B. T. Toomer, SO share
w B. T. TOOMER, 1 share.
pc ISAAC T0OMER, l share
'sh' AUGUST STEF, 100 Shar'
OPP ALPHONSE STEF,