St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1913-07-05

} Board OF Directors; said stock shal
be fully paid at the time of its is
suance, and thereafter worcestershire
k and the capital stock may be increas
: ed or decreased in the manner pro
: yided by the laws of this State.
The parties to this act declared
that they hereby subscribe for tn.
number of shares of said capital stocl
fset opposite their respective sigma
lures hereto, so that this act of in
corporation shall serve as an Original
, subscription.
ARTICLE Nv.
All the powers Of this corporation
shall be vested in and exercised by a
Board of three Directors, to be elected
each year by the stockholders at the
annual meeting; the said directors
shall be bona fide stockholders and
the first board shall consist of James
s, Jones. who shall be president, j.
P. Rausch, who shall be yice-presi-
dent and secretary, and T. C. Adams,
who shall be treasurer.
On the Saturday, next preceding
the second Monday of December
1913, and annually thereafter, except
when such day shall fall ON a lerai
holiday, then upon the next Follow
Ing day, tho stockholders shall elect
q Board Of Directors for the ensuing
year. the board already installed to
continue to hold over until their sue
cessors are elected and qualified.
The Board of Directors so elected
shall select from their own number
the officers of the corporation, which
shall be president, vice president
secretary and treasurer. the cleo
ton of directors shall be by ballot.
and the persons receiving the largest
number Of votes cast shall be elected
For electing directors or for any
other purpose, each share of stock
whether present or by proxy, shall
be entitled to one vote. and the ma
jority of the votes cast shall be re-
quired to pass any DISSOLUTION or de-
eide any question submitted to the
stockholders, except for the xltera- /!
ton or amendment of this charter
or the dissolution of the corporation |
as hereinafter provided.
The said Board of Directors shall
have power and authority to make
all necessary rules and regulations
for the management, operation ana
control of the business of the cor
pOratiOn. as we'll as to make all nee.
essary rules and bylaws, with IoWsi
to fill any vacancy Occurring tn their
number. A majority of the directors
voting at any one time, in person or.
by proxy, shall be required to pass
any resolutions or adopt any bylaws
and which, when SO adopted, shall
become valid corporate acts.
ARTICLE vi. /,
Notice of all meetings of stock.
holders for electing directors, or for
any other purpose, shall be given in
writing by the secretary, ia hs de-
posted in the mail Vt least ten days
before such meeting, directed to each
at his last known ad-
dress, appearing upon the books of
the corporation, unless said notice is
waived in writing by all the stock
holders, appearing as such upon the |
books.
ARTICLE VII.
Whenever this corporation is dis :
solved, either by limitation OF it's
charter or from any Qther cause. tts
affairs and business shall be- liQuidat-
ed by three commissioners, to be ap- {
pointed from among the stockholders ,
ut general meeting thereof, to be
after ten days prior notice
to be given in one of the news
papers published in Covington, in id. !
dition to the notice of each stock. /
holder provided in Article vi hereof {
md, by the affirm alive vote of three 3
of the stock of the corpora.
lion, represented at such meeting !
Such commissioners shall remain II
office until the affairs aud business
IT the corporation shall have been
lully uquidated; and, in case of the l.
Heath Of one Or more of such COM
the survivors or survivor
hall continue t act.
ARTICLE VIII.
This act of incorporation. may be
added to. changed, amend
ID, or this corporation may BIO dis.
,olved by and with the assent OF the
FOLDERS OF three-fourths in amount
# it's then outstanding capital stock 4
siven ut . general meeting of the =
Of the corporation to be t
convened for such purpose, after ten
lays prior notice to be given in one I
It the newspapers published in Civ. I
ngton, In addition to the notice tc q
he stockholders ss prvided in Article 9
VI of this charter. q
ARTICLE TX.
No stockholder shall be held liable :
n responsible for the contracts or T
aults Of this corporation, in any fur {
her sum than the unpaid balance due
hA $hA oh ROC,
ID by him, nor shall any mere in : i
ect of rendering this charter n.l
,ility beyond the amount of his un- =
aid stock. II any.
Thus done and passed at my Office
ear first hereinbefore written, in the n
md N. ellis, competent witnesses I
,ether with said appearers and the q
Notary, after due reading of the Q
Whole. lc
(signed)
Jas. s. Jones ...... 100 shares. /,
John p. Rausch -. 100 shares.
Thos. G. Adams -. 100 shares.
Witnesses:
E. j. Frederick,
N. ellis.
THOs. NJ. BURNS.
Notary Public. !.
l. the undersigned Recorder of =
Mortgages, in and for the parish of :
It. Tammany, State Of Louisiana, do
hereby certify that the above and :
act of incorporation o.
ones-Rausch Company was this day :
luly recorded In my Office, in book
Il Charters No. 1, page II. :
rnvir0<or To lime - 1914 Z