St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1914-08-29
FARMERS LINE DEPARTMENT
Cumberland Telephone ~
and Telegraph Company 49,
PoRATEp

b Company 49,
posed of by the said Board of Dr.
rectors, for the benefit of the cor
poration at not less than their par
value. No transfer Of stock shall be
binding upon the corporation unless
recorded upon the books.
ARTICLE v.
All the corporate powers of this
corporation and the management and
control of its affairs shall be vested
in and exercised by q Board of Dr.
rectors composed of three (3) stock
holders, majority OF whom shall
constitute a quorum for the transac-
ton Of all of the business. The Dr.
rectors shall be elected annually by
ballot by the stockholders, on the
second Tuesday in January of each
year. Each person shall be entitled
in person or by proxy to q vote for
every share owned by him, and all
elections shall be held under such
rules and regulations as may be de-
termined by the Board of Directors,
the Directors thus elected shall con-
tinue in Office for one year, or until
their successors have been duly elect
ed and qualified. No failure to elect
shall be regarded as q forfeiture Of
this charter. Any vacancy occurring
on said Board shall be filled by the
remaining Directors for the unexpir-
ed term.
The Board Of Directors shall. at
its first meeting after its election.
nominate out of its number a presi-
dent, vice president and q secre-
tary and treasurer: said Board shall
have the right to divide the Office of
secretary and treasurer and may elect
q secretary who need not be q stock
holder, but whose tenure Of office
shall be during the pleasure Of the
Board. And said Board shall have
the right to appoint and dismiss the
clerks, managers, secretary and other
employees Ct the corporation as the
interest and business of the same
may require. Any of the Directors
shall have the right to appoint BY
written instrument another Director
as his proxy. to act in his stead at
any and all meetings of the Board Of
Directors.
ARTICLE vi.
Until the election to be held on
the second Tuesday in January, 1915,
the following named persons shall
constitute the first Board Of Direct
ors, viz: John T. Coney, postoffice
Hazelhurst, Miss; Charles T. Brad
ley, postofice, Covington, La, and
Henry E. Coney, postohice, Coving-
ton, La, with said John T. Coney as
Charles T. Bradley as vice
and Henry E. Coney as
secretary-treasurer.
ARTICLE VII.
No stakeholder shall be liable or
for the contract, faults
and debts of said corporation, nor
shall any mere informality in its or
ganization have the effect of render
ing this Charter null or of exposing
q stakeholder to any liability beyond
the unpaid balance due ON the shares
owned by him.
ARTICLE VIII.
This act of Incorporation may be
changed, modified or altered. or this
may be dissolved with
The assent of the stockholders owning
two-thirds of the stock of the cor
p0ration, at q general meeting con-
vened for that purpose and after at
least Is days written notice Of this
having been given through
mail. addressed to each shareholder
1t his last known place Of residence.
In case of dissolution by the ex-
piration Of this charter or otherwise,
he stockholders shall elect two (2)
liquidators from among their num-
Der. to iquidate and settle the busi-
ness and affairs of the company.
In case of death or disability of
my OF said commissioners or hqui-
lators. the survivors or the remain
ag liquidators shall appoint q sue
lessor to {im.
Thus done and passed in my Office
IN the day, month and year first
lbove written, in the presence Of q.
v. Maddox and G. Boudousquie. COM
,etent witnesses, who have signed
nth said appearers, and me-, said
Notary, after due reading Of the
whole.
Original signed
John T. Coney, Hazelhurst, Miss,
IS shares.
chas. T. Bradley, Covington, La,
IS shares.
. Henry E. coney. .covineton, La.
10 ehares.>
WITNESSES:
O. NJ. Maddox.
&. Eoudnusquie.
THOMAS NJ. BURNS
Notary Public.
A true copy.
THOMAS M. BURNS
Notary Public.
certify that this instrument was
led for record August 20, 1914, at
0 q. m. Recorded August 20, 1914,
Charter Book 1. page SO Of the
ficial records.
N. GILLIs,
y. Clerk and Ex-o mcio Recorder.
aug3s-et
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