St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-09-29
UAluTzlO

sonally came and appeared the per-
sons whose names are hereunto sub |
scribed. who declared to me, Notary,
that awaiting themselves Of the pro-
visions of the laws of this State relax
tive to the organization Of corpora
tions, and more especially Of Act
267 of the Acts of the General A.
sembly Of the State Of Louisiana for
the year 1914, they have covenant
ed and agreed, and by these pres
ents do covenant and agree tor them
selves, their successors and assigns,
to form themselves into q corpora
ton and body polite, for the OBJ
jects and and purposes. and under
the stipulations hereinafter set forth.
to-wit:
< ARTICLE /.
The name and title Of this corpor-
alton shall be
N[ackie Pine Oil Speciality Company,
Incorporated,
and its domicile Is hereby establish
ed at Covington, st. Tammany par
.ish, Louisiana; and under it, cor
porate name said corporation shall
have power and authority to con-
tract, sue and be sued: to make and
use a corporate SEAL. the same to
break and alter at pleasure: to hold.
receive, have, purchase. improve.
ALLEVIATE, convey. sell. borrow. pledge.
mortgage and hypothecate. under its
said corporate name, property. real.
personal and mixed; to name and ap-
point such officers, directors, agents
interests or convenience Of said cor
poratton may require: to make and
establish bylaws, rules and regula-
lions for the proper management
and regulation Of it, affairs. a. may
be deemed necessary and proper, and
the same to change and alter at
pleasure; and do all other acts and
things permitted by law, or - shall
be necessary and proper to carry out
the objects and purposes Of said cor
porati0n.
Said corporation unless sooner
dissolved, in accordance with its
charter, shall euist and continue for
\ period of n:nety-nine years from
and after the date hereof.
ARTICLE II.
The objects and purposes tor
which this corporation 10 organised
md the nature Of the business to b
carried on by it, are hereby declared
to be: To produce, manufacture.
buy and sell pine oils. turpentine.
rosin and wood derivatives OF ell
kinds, disinfectants. proprietary
medicinal preparations. essential
oils and chem reals; to operate ad-
vertising agencies; to own and OPP
crate tram roads. and other means
of transportation; to own. buy and
sell real estate in connection with
the carrying on Of it, business: and
in general to engage in any hustnesa
incidental to or connected with the
operations Of the busi1sss ahevs
mentioned.
| ARTICLE III.
The capital stock Of this corpora
ton 70 hereby liked ct the sum OF
Twenty-Five Thousand ($25,000.oo)
Dollars divided into twenty-five hun-
dred (25OO) shares Of the par value
of Ten $4,000 Dollars each, pro
vided, that the amount to which the
capital stock of this corporation may
be increased, shall be One Hundred
Thousand ($10O,000) Dollars.
| Which stock may be issued 1T NO
less than par for cash, At the time
1T Is subscribed for, or ct such time
as may be deemed proper by thu
Board of Directors, provided tina,
said stock shall be paid for In full
within twelve months after same
shall have been subscribed for, or IL
payment or exchange for property o.
rights actually received or purchas
ed by said corporation, provided tina
all stock cert '1lcates shall be signe(
by the President and Secretary o
said corporation and no stock shal
be issued unless tho consideration
therefor has been received by sait
corporation.
All transfers OF stock shall b,
made on the books OF said compAn,
at its Office, on the surrender Of tn
certificate therefor.
ARTICLE w.
The corporate powers Of this CO:
porat.on shall be vested in and ex
ercised by q Board of Directors
which shall consist Of five 80 stock
holders, majority Of three (s) o
whom shall constitute q quorum 70
the transaction of business. Sal,
Directors shall be elected annual,
from among the stockholders on tn
second Monday in January of eacl
year, commencing ON the secon,
Monday in January, 1915. - pro
vided by law.
Within one week Of their election
as above provided for, the Board o
Directors shall elect from anon
their number, a President. q Vic
/ President, and a Secretary-Trsasu1
er, provided that one person ma
hold the Office of both Secretary an
Treasurer, and all Of said omcel
and directors shall hold their re
spective Offices for = period of on
| year from the date Of their election
or until their successors are electe
and qualified. But the failure I
hold an annual election, or to cleo
the officers az above provided fol
shall not result in q dissolution {
this corporation. but the then Boar
of Directors and officers shall hoi
their Offices until their successor
are duly elected and qualified.
Any vacancies occurring in sal
Board of Directors shall be filled b
the remaining members of the boart
for the unexpired term, Ut . meet n
called for that purpose after i've Is
DAYS notice in writin1 aAnt nv ma