St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-11-16

fQOIAl1OU Vt uuy part tu0EtUA, 10 slA
the price and terms of sale, and t.
determine whether same shall be s 'li
for cash or on terms Of credit.
ARTICLE vi.
The first election Of the Board o1
Directors under hts charter shall be
at a meeting of the stockholders &c
be held on the first Monday of Jan,,.
| airy, 1913, at the Office of the cor
poration at Covingten, st. Tammany
parish, Louisiana, and thereafte. tie
stockholders shall klld meeting al
nually on the first Monday of JAM
airy vt each .ear at the Office of said
corporation, and elect q Board Vi
Directors. Said Eoerd of Directors
elected at any of sacl. meetings shall
serve a1til their successors hav!
been elected and qualified. All :.i-
f.cers shall be e'.cIed from aMoEs
the Board of .lcctors, and no per-
son shall he eligible as Director
who Is not stcckhC:der of this cell
:oration. During the absence o. the
President the Vice President shall
act and preside in his stead. Notice
of stockholders meetings shall be
given in writing by mail addressed
o each stockholder 1t his usual plac /.
LOT business, ten (:0) days prior to
date of such meeting, and the Boaij
Of Directors shall appoint one of
their number to preside over such
stockholders meetings whenever q
Board of Directors is to be elected,
and on failure of such Director to
attend, the President shall appoint
a stockholder to fill the vacancy.
All elections shall be by ballot.
Each stakeholder shall be entitled
to one vote for each share of stock
registered in his name, which may
be voted in person or by written
proxy, and . majority of the votes
cast shall elect such person or per-
sons for whom they are cast.
its first meeting after its election out
Of its own number elect President,
. Vice President, Secretary, and
Treasurer. The Secretary may be
x-oflcio Treasurer upon determine
ton of the Board of Directors.
These officers shall hold until their
successors are duly elected and quail
fed. Any vacancy on the Board OF
Directors shall be filed by the re-
Directors for the unexpired
term.
The first Board of Directors of this
corporation shall be composed Of M:
N. Hull, ]. S. Jones, c. G. Hull and
]. H. Cassidy, T. NJ. Burns, P. H.
Saunders and NJ M. Hull, Jr.. OF
whom NJ. M. Hull shall be President,
J. s. Jones Vice President, c. G. Hull
Secretary, and J. H. Cassidy Treas
urer all of whom shall serve until
their successors shall have been elect
ed and qualified.
ARTICLE VII.
The said Board of Directors is
authorized to adopt such bylaws,
rules and regulations as may be ex-
l,edie Mt for the conduct of the susi-
ness of this corporation or necessary
or its management, provided same
hall not conflict with this charter.
nor with the laws Of the State OF
Louisiana, nor with the laws OF the
United STATES.
ARTICLE VIII.
This charter may be amended or
the capital stock of this corporation
increased or decreased or the corpor-.
alton may be dissolved at general
meeting Of the stockholders conven-
ed for that purpose, with the assent
Of three-fourths (x) Of the stock
present or represented Ut such meet
ing, thirty (30) days prior notice OF
such meeting having been given by
publication in a weekly newspaper
published ut Covington, st. Tammany
Parish, Louisiana, and a written
notice thereof mailed to each stock
holder at his usual place OF busi-
ness thirty (30) days prior to such
meeting. In case Of the dissolution
OF this corporation either by Nmita-
ton or otherwise, its affairs shall
ne liquids ted by Two (2) commits
eiouers elected from arlong tn stock
holders. ct Z meeting called for that
purpose.
ARTICLE TX.
10 stakeholder OF this corp ration
skall ever be liable or Responsible,
for the contracts or failure thereof
in any further sum than the unpaid
ba s.ce due said corporation on
shares of stock subscribed for and
owned by the stockholder; nor shall
any informality in the organization
OF this corporation have the effect
of rendering the charter null or ex-
posing q stockholder to any further
lisbility than the unpaid balance due
on his stock. Each stakeholder des-
ignates opposite his name the stock
subscribed for BY him end this char
ter shall serve - the original sub
scription list.
Thus done and passed at my of
flee in the town Of C0vingtoH. parish
of st. Tammany, State Of Louisiape,
on the day, month and year first
above written in the presence Of D.
e. Sheridan and L. Levy, competent
witnesses. residing in the parish OF
st Temmany. State of Louisiana,
who signed these presents. together
with said appearers and me, Notary,
after due reading.
NJ. M. Hull. .i.... zoo shares.
]. s. Jones. ....s.. lO0 shares.
Jno. II. Cassidy. 49,. 200 shares.
per Delos r. Johnson. by power
Of attorney.
G. g. Hull 100 shares.
T. NJ. Burns. ........ ~ shares.
M. M. Hull, Jr., by NJ.
Hull, ST., ....... 100 shares.
p: H. Saunders, by n.
NJ. Hull .......... 50 shares.
T. w. Yates, by N. NJ.
Hull so shares