St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-01-29

receive, to purchase, to convey, alien
late, borrow, pledge, mortgage and
lhypothecate. property, real. persona
and mixed, In Its corporate name;
Ito issue bonds, a. the law permits
as well as notes and other obliga
tons; to name and appoint such Of
ficers, directors, managers, agents
and employees, as the interests and
convenience Of said corporation may
require; to make and use such by.
laws, rules and regulations for the
proper management Of Ito affairs, Al
may be deemed necessary and prop.
or, and the same to reasonably
change, at pleasure: and do all other
acts and things permitted by law, OF
such as may be necessary tor the
proper conduct Of its affairs, or to
carry into effect any Of the powers,
privileges and immunities it is per-
United to hold and exercise, under
the laws of the State of Louisiana.
| ARTICLE II.
The domicile Of this corporation
shall be at Covington, parish Of St.
Tammany, state Of Louisiana, where
all citations, or other legal processes
shall be served on the president, or
in his absence, the vice president, or
in his absence, the secretary-treas-
urer, in accordance with the statutes
Of the State Of Louisiana, relative to
making services on corporations.
ARTICLE III.
Tho objects and purposes for
which this corporation is organized
and established, and the nature Of
the business to be carried on by 1t,
are declared to be:
To carry on the business Of archi-
lecture and to do the work Of
an architect; to prepare plans and
specifications for buildings and
works; to superintend the construc-
ton thereof; to carry on and con-
duct the designing. constructing, en-
tlarging, repairing, removing, re-
modelling, or otherwise engaging in
any work upon buildings, and to ex-
tend and receive any contracts or as
signments of contracts therefor, or
relating thereto. or connecting there
with; to do and carry on such other
work of every kind, as pertains to
the practice Of architecture, Of every
nature. It shall also have power to
purchase for Investment or resale,
and to tratnc in lands and houses
and other property. and generally to
do and perform any and all acts and
things, pertaining to the business
above enumerated, connected there
with, or arising therefrom, In this
state or elsewhere.
ARTICLE w.
The capital stock Of this corpora
ton is hereby fixed at Five Thousand
($50O0.O0) Dollars, divided into and
represented by Fifty shares OF stock
of the par value of One Hundred
($10O.0O) Dollars each, payable in
exchange for property, as per list OF,
description and valuation thereof,
hereto annexed and made part here
of. All Of said stock shall be COM
mon stock.
This corporation may commence
doing business and shall become q
going concern a. soon rs Two Thous-
and Five Hundred ($2,5O0.00) Dol
lars Of its capital stock shall have
bee subscribed and paid for, as
above provided
Shares of stock can only be trans
ferred by having the transfer record
ed ON the books Of the corporation,
and no transfer can be made until 1t
shall have first been offered for sale
at its book value, to the Board of
Directors Of this corporation, and
they shall have refused, within ten
days from said offer, to purchase
said stock.
ARTICLE v.
All the corporate powers Of this
corporation and the management and
control Of its affairs shall be vested
in and exercised by Board of Di-
rectors, composed of three go stock
holders, . majority Of whom shall
constitute q quorum for the trans
action of all of the business. The
directors 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 one vote
for every share of stock owned by
him, and all elections shall be held
under such rules and regulations as
may be determined by the Board of
Directors; the directors thus elected
shall continue in Office for one year,
or until their successors have been
duly elected and qualified. No fail
ure to elect shall be regarded as q
forfeiture OF this charter. Any va
cancy occurring on said Board shall
be filled by the remaining directors,
Tor tbs unexpired term. The Board
Of Directors shall at its arst meet
ing after its election, nominate. ont
OF it's number, q president, = Vice
president and a secretary-treasu:e..
The said board shall hvae the right
to appoint and dismiss the clerks,
managers, secretaries and other en-
pleyees OF the corporation. as the
interests and business Of the same
may require: to fx the amour. Of
their compensation and the time and
manner Of the payment thereof. Any
Director shall have the right to APP
point, by written instrument, an
other dironfnr aoZh{c nrnvv IN act