St. Tammany farmer., 1917-05-19
CHARTERS

CHARTERS 4;
-o~~~~-.~~~~~o~o~s~~ ~
stead. ct any ana all msetineo -
the Deard Of Directors. The noeSS y
Of Directors shall have the pou 8
and authority to make such hy-lava d
rules and regulations % may s. nes.5
essary tor the proper mianaeemanfs
Of the affairs Of this corporation an1r n
to amend and change the same -
they may deem proper, provided F.
same shall not conflict with thu -
visions Of this charter, nor With - /
laws Of the State Of Louisiana. enerss$I
with the laws Of these United StafeI
Of America, and shall have the nos5.s
or and authority to provide tor 90 ].
contract debts. borrow money. iaenoss|
bonds. drafts. notes. acceptances ~ 4
other evidences Of Indebtedness ~ .
to execute and accept pledges, mort
cages, deeds and other acts. L ahalrgI
have the right to appoint and g.
miss the officers and employees -
the corporation, as the interest an1s
buiness OF the same may require aaA
to flx the amount Of their compenaa.s
tion and the time and manner Of tnS@
payment thereof. And they ahaiI
have the right, power and authority
to fill any vacancy arising in Their
number and to do al other thinas
incident to the objects and purpoe1ns
Of the corporation and to vest a.
president or other officer or oHRenrn
with such Of these powers % theys
see At.
ARTICLE vi. s
The first election Of tho Board a.
Directors under this charter shall -;
at a meeting Of the stockholders u
be held on the second Nonday ~
May, 1918, at the Office Of the cor
poration at Covington, parish OF els
Tammany, State of Louisiana. Al
thereafter the stockholders eha8
hold q meeting annually ON the &C.,
ond Monday in May, each year. q.
the Office Of said corporation, trans
act any business coming before thax
and elect q Board Of Directoq1
Notice Of stockholders meeting shall'
be given In writing, by mail, addreoo.
ed to each stockholder at his usual;
place Of business fifteen (15) dayp'
tprior to the date Of such meetine.
The election Of the Board Of Diree5
ors shall be by ballot, under sue6;
rules and regulations % may 10 q.
termined by the Board Of Director1ss
and each stockholder shall be sn-i
titled to one ~ vote. either n Ders
son or by proxy. for each shAlos
owned by him. and majority Of ~
votes shall elect such person or 20.
sons for whom they are cast. Tt
Directors thus elected shall eons
tinus In Office for one ~ year, a.
until their successors shall hAxo
been duly elected and qualified. NJ
failure to elect shall be regarded @ y
forfeiture of this charter. IT,
board of Directors shall, at IL Af6E
meeting after it, election, out of ~
own number, elect q President, vleos
President and Secretary-TreasuroF,
These officers shall hold odaco untn
their SUCCESSORS are duly elected anH
or its successors. may. II they - -
sire, kub-divide the ONCE Of secr0.
tary-treasurer into two (3) oAeoa
that of Secretary and Of Treasurer.
ARTICLE WI.
Until the election to be held q
the second Monday In May. 1918. ~
following named persons, stockholG.
ers of this corporation, shall couDa3s
tute the drst Board Of Directors r
this corporation, viz: ass
Mr.. Abraham r. Nassman, p61l.
office Covington, Louisiana: and
Mr.. Alvin Massman. postonico NoU
ORLEANS, Louisiana: and
| Mr.. Solomon Massman. postoM6
New Orleans. Louisiana; and
Miss Rosa Blum, postonee NoW
Orleans, Louisiana; and sss1
Miss Victoria Blum. postofaes N9U
Orleans. Louisiana.
With the said
Mr.. Abraham e. Nassman % Pre-
ident; and ~
Mr.. Alvin Massman. % viee-PTl
dent; and
| Mr.. Solomon Nassman, % Seero
tary-Treasurer. 4
ARTICLE VIII.
This Act Of Incorporation may ~
changed. modified or altered, or tn
corporation may be dissolved. Or -
quidators may be appointed therefor
as provided BY Sections -. 30 ~
| 80 of Act No. 267 Of the Acts Of -
General Assembly Of the Stats e
Louisiana, for the year 1914. an
other existing laws.
ARTICLE TX.
| No stockholder Of this eorporatio0
shall ever be liable for or responsible
for the contracts, faults debts q
failure Of this corporation IN any
further sum than the unpaid -
ance due said corporation on ahafo1
subscribed for and owned ~ the ea54
stockholder; nor shall any intormat
ty in the organization Of this cor
poration have the effect Of rsndees
ing this charter nvll or Of e1poeine .
stockholder to any further liability
beyond the unpaid balance due o.
the shares Of stock owned By him.
| Thus done and passed ct my os-
fee In the town Of Covington. paI1oa
Of st. Tammany. State Of LouieiaAa,
on the day. month and year hrst
above written, in the presence q
Mr.. J. Monroe Simmons and 1r.
! Philip Burns. competent witnesses,
residing In the parish Of 81. tn.
many, State Of Louisiana, who slgned
1 A.. A. A. mn4A