St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-03-04
AMENDMENT TO CHARTER,
State of Louisiana,
Parish of ST Tammanv

a general meeting of the stockhold
ers of the said Peoples Building ant
Loan Association was convened a.
their office in the town of Covington
La, On the Sd day of January, 1911
after due notice of said meeting haC
been given publication in the St
Tammany Farmer, newspaper pub
lished in the parish of St. Tammany
La, for and during ten (10) con.
tluous days preceding said meet.
ing; that said notice set out the
said purpose and object of said
meeting; that the same had been
called to determine whether or not
the charter of said corporation
should be amended by reducing the
number of board of directors of said
corporation from eleven (11) stock
holders to seven CD stockholders.
That on the above date, the meeting
convened and there was present or
represented more than two-thirds of
the capital stock of said corporation,
and by vote of more than two
thirds of the capital stock, Article v
of this charter of the said Peoples
Building and Loan Association, was
1hISl1uCu SO do W ledu DIS lOllOWS.
ARTICLE v.
All the powers of this corporation
shall be exercised by a board of di-
rectors composed of seven stock
holders; said directors to be elected
at general meeting convened for
that purpose on the first Tuesday
of January, each year, commencing
on the first Tuesday in January,
1912; notice of such meeting shall
be published in a newspaper of St.
Tammany and Washington Parishes,
for the space of ten days Immediate
ly preceding said election; said cleo
ton shall be by ballot at the domicile
of this corporation under the super
vision of three commissioners, stock
holders appointed by the board of
directors at the last preceding meet
ing; each share of stock is entitled
to one vote, and the stockholders
receiving a majority of the votes
cast shall be elected; failure to hold
an election on the day specified shall
not dissolve this corporation, but the
directors in Office shall hold power
until an election be held after ten
days notice of the time and place
thereof; the directors shall elect
from their number a president and
a vice president; majority OF. the
directors shall be quorum for the
transaction of business; all vancan-
cies shall be filled by the remaining
members of said board of directors;
the directors shall select and appoint
a secretary, a treasurer, an attorney
and a notary and such other officers
as shall be necessary, but no salary
shall be paid except to the secretary;
the directors shall have power to
make bylaws, to select a place of
meeting, to suspend any and all Of
ficers; and have general authority
to carry out the objects and business
of the association, but they shall not
have power to purchase real estate
except for cash, nor contract any
Indebtedness in excess of amount of
cash on hand. The following named
persons shall constitute the board
of directors to serve until the regu
lar meeting in January. 1872 or
until their successors are elected, to-
7.II: H. J. Smith, J. S. Jones, M.
P blanche, CASTOR Galmiche, Thos.
M. Burns, G. V. Guave and Paul J.
Laborde.
Thus done and passed in my Office
in the town Of Covington, Parish of
st. Tammany Louisiana, the day,
month and year first above written,
in the presence of w. E. Blossman
and Walter Galatas, who hereunto
signed their named with the appear
ers and me, said notary, after dae
reading of the whole.
III. J. SMITH, President.
THOS. M. BURNS, Secretary.
LEWIS L. MORGAN,
Notary Public.
Witnesses:
w. E. BLOSSMAN. a
GALATAS.
State of Louisiana,
Parish of ST.: Tammany,
The above and foregoing amend
ment to the charter of the Peoples
and Loan Association, hav-
ing been presented to me for ap-
prevail and having examined the
same, and finding none of it's pro-
visions contrary to the constitution
and laws of the State of Louisiana,
it is hereby approved.
LEWIS L. MORGAN,
District Attorney of the 26th
Judicial District Court, in
and for the Parish of St.
Tammany, State of Louisi-
ana.
/ hereby certify that the annexed
and foregoing amendment to the
charter of the Peoples Building and
Loan Association was filed for record
on the goth of January, A. D., 1911,
and was duly recorded in Mortgage
Book "R," folio rs, on the Sd day
of February, 1911.
w. E. BLOssMAN,
! Deputy Clerk and Ex-officio
Z. Recorder, St. Tammany Par
ish, Louisiana.
Succession of Stephen D. Bateman,
No. 521.
Twenty-Sixth Judicial District Court,
Parish of St. Tammany, State of
Louisiana.
BY virtue of and in pursuance
of an order of sale from the
aforesaid court, and
to me directed, bearing the date
February 9, 1911 will proceed to
sell at public auction at the front
door of the courthouse, in the town
of Covington, La, on Saturday,
March Is, 1911, to the last and
highest bidder, for a price and sum
not less than $500, the following
described property, to-wit
2 certain lots of ground, together
with the building and improvements
thereon situated, lying and being sit
uated in the town of Covington, par