St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1915-03-27
The ST. TAMMANYIFARMER, SATURDAY, MARCH q, 1915

F. ". Salmen, L. T. Miles. E, +.
HALEY, w. e. Eddins, ]. A. Bos-
|auet, Jr., all seven residents OF the
parish CT ST. Tanmany, who several
~ declared that they, their associates
and SUCCESSORS, do hereby form ana
organize themselves into corpora
ton, for term of ninety-nine years
from this date, under the name OF
Ssideii Live Stock and Farms Com
paay, Incorporated, the domicile
whereof is fixed at Slidell, parish OF
st. Tammany. Louisiana, it's objects
and purposes being to buy and sell
teal estate, to deal generally in all
the natural resources Of the State
OF louisiana; to buy and sell all
kinds Of live stock and poultry, to
breed and raise the same; to carry
on general farm and truck busi-
ness; to conduct a dairy and sell
the products from the same; to
slaughter all kinds Of stock and poul-
try and to sell the same; to deal in
all kinds of feed stuff and operate
commissaTy or store, and generally
to do all things necessarily connect
ed with the within objects and pur-
poses above enumerated, in this State
and elsewhere
The capital stock of this corpora
ton is hereby fixed at the sum of
fifty thousand (s50,000) dollars di-
Ivided into and represented by five
hundred 5000 shares OF the par
value Of one hundred ($1OO) dollars
each, which shall be paid for in cash
Or its equivalent in property, either
real or personal; this corporation
shall begin business and be a. going
concern as soon as twenty-five thou
sand (S25,0OO) dollars Of its capital
stock shall have been subscribed.
The capital stock may be increased
to one hundred thousand ($1GG,OOO
| dollars.
Citation shall be served on the
president, or in his absence on the
secretary.
The affairs Of this corporation
shall be managed by Board of Di-
rectors, composed of seven stock
holders, four of whom shall form a
quorum, to be elected by the stock
holders annually, by ballot, on the
first Monday Of January, 1916, or on
Iany subsequent date fixed by the
Board, in case of no election taking
place on said day. Each stockhold-
er shah be entitled to one vote
Said Board shall have the right
to make all bylaws and change and
alter the same at pleasure; to use a
cofporate seal, tie same to alter or
break at pleasure:
/ ~ Of al n
be composed Of Fritz Salmen, J. A.
Salmen, F. w. Salmen, L. T. Miles,
E. F. HALEY. W. E. Eddins and ]. A..
Bousquet, Jr., of whom Fritz Salmen
shall be president, J. A. Salmen, vice
president; E. F. HALEY, secretary;
F. w. Salmen, treasurer, and they
shall hold Office until the first Mon
day in January, 1916, or until their
successors are elected and take their,
place.
That in the event any stakeholder
should elect to sell his stock, it is
hereby made obligatory on him to
| first tender it to the other members
of the company, and they have thir
ty 500 days option within which
to purchase the same at market price
before stakeholder can offer the same
for sale ii Cpen market.
At the termination Of this charter.
or the dissolution OF the corporation,
the affairs shall be liquidated by the
members of the Board of Directors
as liquidating commissioners.
Thus Goae and passed before me
the undersigned Notary Public, on
the day, month and year first here
inabove written in the presence Of F.
F. Wiggington and CIV. Wharton,
competent witnesses, who have sign
ed these presents, together with the
said aprearers, and me, Notary, after
due reading OF the whole.
F.. Salmen, .S1idell,. La, so shares.
F. w. Sa;men, Slidell, a., per F.
Salmen. so shares.
j. A. Salmen, Slidell, La, so
shares.
L. T. Miles, s'lidell, La, 25 shares.
E. F. HALEY, Slidell. La, % shares
W. E. Edd;as, slidell, La, 25
shares.
J.. 4 Bouseuet, Jr., slldell. La,
% shares.
Witnesses:
F. F. WIGGINGTON.
G.. v. WHARTON.
BENZ. M. MILLER,
Notary Public.
certify the above and foregoing !
to be true copy of the original as
recorded in the Mortgage and Con-
yeyance Office of ST. Tammany par
ish, in Charter Book 1, page -
BENZ. NJ. MILLER.
mar6-6t Notary Public.
-