St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1914-04-25

president, secretary and treasure
and three stockholders. Five Of sal
board shall constitute q quorum TO
the transaction of business, and thel
decisions shall be valid corporal
acts.
The following named persons shall
constitute the first board of direct
ors: George Koepp Jr., president
A. L. Stanga, vice president; Andrew
Peter, treasurer; Paul Policar, Eu
gene Mugnier, George Peter, ST., hi
chael Peter. ST..
No person shall be eligible as di
rector or an officer who is not +;
stakeholder of this company.
During the absence of the pres.
dent the vice president shall act ant
. preside.
Said board shall continue in Of
flee until the second Monday Ct April
1915, on which date and thereafter
annually, board of directors sha4
he elected on the second Monda; Of
April each year.
| Notice of election and Of stock
holders meeting shall be given by al
least ten (1O)days notice immediate
y proceeding election or meeting. adj
Idressed by nail to each stakeholder
lat his last known address. Any fail.
tire from any couse whatever to cleo,
directors the day named for that pur-
pose shall not dissolve the corpora
ton, but the directors then in Office.
as well as the officers Of SAID com.
pany, shall hold over until their sue
cessors are chosen. ~
In usch event the president shall
cause another election to be held
within thirty 600 days, and shall
lgive notice thereof as hereinbefore
provided.
At every election and meeting each
stockholder shall be entitled to vote
for each share of stock registered IN
his name and may vote by proxy.
The election of directors shall be
by ballot, and the majority in amount
of votes cast, each share Of stock
voted upon to be counted for one
vote shall elect the person or persons
for whom they have been cast.
After each election the board of
directors shall elect from their own
number the officers of said company.
ARTICLE v.
The board of directors shall have
full power to fill vacancies in their
number caused by death, resignation
or otherwise, from among the stock
holders of the corporation.
The said board shall have full con-
troll of the property of tn 8 company,
and shall so conduct. manage and use
the same as in Their discretion they
deem fit, and consistent with the OBJ
jects of this company, or the welfare
of the same.
The said board is further authoriz-.-
ed to frame and adopt such bylaws
rules and regulations as the affairs
and business Of the corporation may
require. and as it may deem neces-
|sary for the conduct and management
thereof; provided the same shall not
conflict with this charter or with the
laws of the State, or of the United
States.
The said board shall elect or ap-.
point a manager and such other Of.
ficers, agents, employees, servants
|sary for the conducting Of the busi-
ness, Of the corporation; fix their
compensation, term of service, with
the right to dismiss them at said
boards pleasure, and said board shall
have the right to fix and determine
the salaries of the several officers
herein provided for.
ARTICLE vi.
This charter may be changed, mod
lied. or amended, the capital stock
increased or decreased, or this cor
poration may be dissolved, at gen.
|eral meeting Of the stockholders con-
vened for the purpose, with the as
sent OF three-fourths Of the entire
capital stock present or actually rep
resented at such meeting.
In case of dissolution or termina-
ton Of this corporation, either by
limitation Of its charter, or from any
other cause, the liquidation of it's af-
fairs shall be conducted by two (2)
liQuidators. selected from the stock
holders, with like assent. and at
meeting called for that purpose, as
above set forth in this article.
Said liquidators shall remain In of
nee until the affairs of SAID corpora
|tion shall have been fully Nquidated.
In case Of the death Of any Of said
liquidators, the survivor shall con-
tinue to act.
ARTICLE VII.
No stakeholder of this corporation
shall ever be held liable or respon-
sible for the contracts or faults there
of, In any further sum than the I'M
paid balance due the company on
the shares of stock subscribed for
or owned by him, nor shall any in
formality in organization have the
effect of rendering this charter null,
or of exposing q stakeholder to any
liability, beyond the unpaid balance,
IL any, of his stock.
Thus done and passed in my Office
in Madisonville, Louisiana, on the
day, month and year herein first
above written, in the presence Of
Messrs. J. A. Stanga, Jr., and J. A.
Peter. competent witnesses, who have
hereunto signed with the said APP
bearers, and me, Notary. after due
reading of the whole.
Geo. Koepp, Jr., 10 shares; Geo.
Peter, 10 shares; Michael Peter. 10
shares; Eug. Mugnier, 10 shares;
Paul Policar. 10 shares; A. L. Stanga,
10 shares; Andrew Peter per Geo.
Peter, 10 shares.
Witnesses:
]. A. STANGA,
A PETER