St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-05-12
CHARTERS.


shall be by ballot, under such rules
and regulations as may be determin-
ed by the Board of Directors, and
each stakeholder shall be entitled to
one vote, either in person or by
proxy, for each share owned by him,
and a majority of the votes shall
elect such person or persons for
whom they are cast. The Directors
thus elected shall continue in office
for one year, or until their success
sors have been duly elected and
qualified. No failure to elect shall
be regarded as forfeiture Of this
charter. The Board Of Directors
shall, at the first meeting after its
election, out of its own number,
elect a President, First Vice-Presi-
dent and General Manager, Second
Vice-President and Secretary-Treas-
urer. These officers shall hold Of
fee until their successors are duly
elected and qualified. Said Board OF
Directors, or it's successors, may, ii
they so desire, sub-divide the office
of Secretary-Treasurer into two Of
fees, that of Secretary and of Treas
urer, and it may, if it desires so to
do, abolish the office of Second Vice
President.
ARTICLE VIII.
Until the election to be held on
the second Monday in April, 1918,
the following named persons, stock
holders of this corporation. shall
constitute the first Board of Direct
ors of this corporation, viz: Mr..
Guido C. A,exius, postoffice Coving-
ton, louisiana; Mr.. Ciento W. Alex
ius, postoffice Covington, Louisiana;
Mr.. John N. Alexius, postoffice, Gov
ington, Louisiana, and Mr.. Alfred +
Alexius, postomce, Covington, Lou
isiana. With the said Mr.. Guido T.
Alexius as president; Mr.. Ciento w
Alexius as first vice-president and
general manager; Mr.. John N. Alex
JUS as second vice-president, and Mr.
Alfred P. Alexius as secretary-treas-
urer.
ARTICLE TX.
This Act Incorporation may be
changed, modified or altered, or this
corporation may be dissolved, or H.
quidators may be appointed there
for, as provided by Sections 2S, 20
and 80 of Act No. 267 of the Acts OF
the General Assembly of the State
of Louisiana for the year 1914, and
other existing laws.
ARTICLE, x.
No stakeholder of this corporation
shall ever be liable for Or re.
sponsible for the contracts, faults
debts or failure of this corporation
in any further sum than the unpaid
balance due said corporation or
shares of stock subscribed for and
owned by the said stakeholder; mol
shall any informally in the >organi.
cation of this corporation have the
effect of rendering this charter null
| or of exposing a stakeholder to any
| further liability beyond the unpaid
balance due on the shares of stock
owned by him.
Thus done and passed at my office
in the town of Coyington, parish Of
St. Tammany, State of Louisiana, OF
the day, month and year first above
written, in the presence of Mr.. j
Monroe Simmons and DR.. NJ. R. Fish
er, competent witnesses, residing IL
the parish of St. Tammany, Louisi
ana, who signed these present, to
gether with said appearers, and me
Notary, after due reading of she
whole.
(Original signed)
G. C. Alexius, postoffice Covington
Louisiana-14 shares.
| nnofnfHao
ton, Louisiana-12 shares.
| J. N. Alexius, postoffice, Coving
| ton, Louisiana-12 shares.
A. P. Alexius, postoffice Coying
| ton, LOuisiana-12 shares.
Witnesses:
J. MONROE SIMMONS.
NJ. r. FISHER, D. d. S.
ARTHUR L.. BEAR,
Notary Public.
|