St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1914-08-29
person or by proxy. and majority Of
the votes cast shall elect.

the votes cast snail elect.
Any vacancy occurring among thu
directors by death, resignation OF
otherwise shall be filed by election
for the remainder Of the term Of the
Board by the remaining directors;
but the Affirmative vote Of 1T least
four az directors shall be necessary
to I'LL any such vacancy. A failure
to elect directors ON the date above
specified shall not dissolve the cor.
poratiOn, but the directors them IN
Office shall remain in ofice until their
successors are elected and qualified
and shall cause another election t.
be held as soon as possible there.
after, after notice thereof shall have
been given in the manner a. above
provided. Four directors shall con-
stitute . quorum for the transaction
Of any business.
The Board Of Directors hereafter
shall elect from their own number
q president, . vice president, . Sec
rotary and treasurer, and the said
Board shall have the power to COM
btne or separate the Offices of secre-
tary and treasurer. It may appoint
from time to time such other officers
clerks, agents, or other employees as
it may deem necessary for the pur-
poses and business Of the said cor
p0rati0n. who shall hold office at the
pleasure Of the Board. No one shall
be employed for longer period than
one month. except the Board Of d.
rect0rs authorize the same by reso-
luton.
The said Board of Directors may
make and establish as we'll as alter
and amend, any and all bylaws,
rules and regulations necessary and
proper for the support and manage
ment of the business affairs of the
Said board shall have
full power and authority to borrow
money, issue notes, or other obi
cations, In the ordinary course Of
business, and secure the same by
mortgage of its real estate, or pledge
and pawn Of its movable property,
and generally to do all things reason
able or necessary for the proper
carrying on of the business Of the
corporation; and also to issue and
deliver full paid shares Of stock for
cash; or In payment Of labor done,
or property actually received or pur-
chased by the said corporation, but
said board shall have no authority to
execute any mortgages upon the
property of the company without the
consent Of majority Of the stock
holders of said company, given ut
meeting expressly called and held for
that purpose. Each director shall
have authority to appoint In writing
q proxy to represent him at all meet
ings Of the Board.
ARTICLE vi.
Whenever this corporation may be
dissolved either by Limitation or from
any other cause, its affairs shall be
by three commissioners to
be appointed from amongst the
ct general meeting Of
the stockholders convened for such
purpose, Of which meeting notice
shall be given In the manner and
time provided for stool holders.
by Article VII Of this chart
er. and . majority In amount Of the
capital stock Of said company repre-
sented ct such meeting shall be
requisite to elect. Said commissions
ers shall remain in ohice until the
Affairs Of said corporation shall have
been fully liQuidated. In case Of
death or resignation of one or more
IT said commissioners, the vacancy
shall be filled by election BY the
commissioners.
ARTICLE VII.
This net Of INCORPORATION NAV ha