St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-01-22

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 it's affairs, as
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, or
such as may be necessary for the
proper conduct Of its affairs. or to
carry into effect any Of the powers,
privileges and immunities it is per-
mitted 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.
The objects and purposes tor
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-
81 %h@
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-
larging, 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 traffic 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 Nv.
The capital stock of this corpora
ton is hereby fixed at Five Thousand
($5OOO.OO) Dollars, divided into and
by Fifty shares of stock
of the par value of One Hundred
($1OO.0O) Dollars each, payable in
exchange for property, as per list of,
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 a
going concern as soon as Two Thous-
and Five Hundred ($2,5OO.OO 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,
0k1u AO kxaAS1Sl C0A NC kAdOO uAtAA II
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
lays from said offer, to purchase
said stock.
ARTICLE v.
All the corporate powers of this
and the management anG
control of its affairs shall be vested
n and exercised by Board of Di-
'ectors, composed of three 60 stock
a majority of whom shall
constitute quorum for the trans
lction of all of the business. Tho
directors shall be elected annually,
~ ballot, by the stockholders, on the
econd Tuesday in January of each
ear. Each person shall be entitled,
n person, or by proxy, to one vote
or every share of stock owned by |
i'm, and all elections shall be held |
Inder such rules and regulations as !
nay be determined by the Board of |
directors; the directors thus elected |
hall continue in office for one year, !
r until their successors have been |
uly elected and qualified. No fail
re to elect shall be regarded as
orfeiture of this charter. Any va
ancy occurring on said Board shall
e filled by the remaining directors,
Or tbs unexpired term. The Board
t directors shall at its first meet
1g after its election, nominate, ont
it's number, president, 4 vice
resident and secretary-treasuyer.
he raid board shall hvae the right
appoint and dismiss the clerks.
sanasers, secretaries and other EN-
fcyees OF the corporation, as the
,terests and business of the same
lay require; to fix the amount OF
leIr compensation and the time and
tanner OF the payment thereof. Any
rector shall have the right to ap-
ONT, by written instrument, an
Their director, as his proxy, to act b
his stead, at any and all of the
ceilings of the Board of Directors. h
ARTICLE VI. /,
Until the election to be held on Il
lie second Tuesday in January, 1917. It
e following named persons shall ID
institute the first Board of Direct I
5 OF this corporation, viz: Alder /