St. Tammany farmer., 1912-11-30

4 ARTICLE vi.
i The first election Of the Boar.i u
Directors under his charter shall ,
lat a meeting OF the stockholders =
be held on the first Monday of Jx..
ary, 1913, at the Office Of the C
poratioE at Covingten. st. Tamma,
parish, Louisiana, and thereafte. Il
stockholders shall hLld a meeting an
|nually on the first Monday OF Jan L
|ary oT each .rar at the Office of sad
corporasicn, and elect q Board vi
Directors. Said Board of Directors
elected ut any Of sacl meetings shall
serve 1atil their successors hav.
been elected and qualified. All '.i-
ifcers shall be so1ed from au.oEg
the Board of .lcctors, and no PEI
son shall he eligible as q Director
who is not a stcokEc;der OF this Gel
:oration. During the absence o. tle
President the Vice President shall
It and preside in bis stead. Notice
of stockholders meetings shall D"
given in writing by mail addressed
each slochholder ri his usual plac
OF business, ten (:0) days prio' =
date OF such meeting, and the BoafJ
Of DIRECTORS shall appoint one OF
their number to preside over such
stockholders meetings whenever
Board of Directors is to be elected,
and on failure of such Director to.
attend, the President shall appoint
q stockholder to fill the vacancy.
All elections shall be by ballot.
Each stockholder 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, aud a majority OF the votes
cast shall elect such person or per-
sons for whom they are cast.
The Board of Directors shall at
its first meeting after its election out
of it's own number elect President,
q Vice President, a Secretary, and a
Treasurer. The Secretary may be
x-officio 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 |
shall be composed OF NJ:
M, Hull, ]. s. jones, c. G. Hull and
J. H. Cassidy, T. NJ. Burns, P. H.
Saunders and NJ. M. Hull, .Jr., Of |
whom M. NJ. Hull shall be President,
J. S. Jones Vice President, C. G. Hull
and ]. H. Cassidy Treas
,,rer all Of whom shall serve until
their successors shall have been elect
ed and qualified.
ARTICLE VII.
The said Beard of Directors is
to adopt such bylaws,
rules aud regulations IS may be ex-
pedie mt for the conduct of the usi-
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 a genera!
II Getting of the stockholders ccnven-
ed for that purpose, with the assent
Of three-fourths (A) OF the STOCK
present OF represented at such meet
ing, thirty (30) days prior notice O.
such meeting having been given by
in a weekly newspaper
published at Covington, st. Tammany'
Parish, Louisiana, and written
notice thereof mailed to each stock
holder at his usual place of busl-
ness thirty (3O) days prior to s:c!
In case OF the dissolution
OF this corporation either by 'imia
tion or otherwise, its affairs shall
re i:qui1ated by 7wo (2) commits
eicners elected from arlong tn stock
holders at a meeting called for that
pI5pose.
ARTICLE TX.
40 stOckholder Of this corp 'ratiol
skall ever be liable or responsible.
for the contracts or failure thercof
in any further sum than the unpaid
ba E. ce due said corporation on
shares Of stock subscribed for and
any informality in the organization
Of this corporation have the effect
of rendering the charter null or ex-
posing a stockholder to any further
than the unpaid balance due
on his stock. Each stockholder des-
ignates opposite his name the stock
for by him and this char
ter shall serve as the original sub
scription list.
Thus done and passed at my Of
fee in the town of Covington, parish
of St. Tammany, State of Louisiana:
on the day, month and year first
above written in the presence of u.
e. Sheridan and L. Levy, competent
witnesses, residing in the parish ct
st Tammany, State of Louisiana
who signed these presents, together
with said appearers and me, Notary
after due reading.
M. M. Hull. ..... 200 shares.
j. s. Jones. ...... 100 shares.
Jno II. Cassidy. $3.50. 200 shares
nor no1oo u 1nhncnn hv pcwor