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

election of the Board Of Directors
shall be by ballot, under such rules
and regulations as may be determtn-
ed by the Board of Directors, and
each stookholder 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 Tor
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 it's own number,
elect a President, First Vice-Presi-
dent and General Manager, Second
Vice-President and a Secretary-Treas'
urer. These officers shall hold Of
fee until their successors are duly
elected and qualified. Said Board OF
Directors, or its successors, may, il
they so desire, sub-diyide the ot1lce
of Secretary-Treasurer into two OF
| fees, that of Secretary and of Treas
| urer, and it may, if it desires so te
do, abolish the office of Second Vice
! President.
ARTICLE VIII.
| Until the election to be held or
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 G. Alexius, postofice Coving
ton, Louisiana; Mr.. Ciento W. Alex
ius, postoffice Covington, Louisiana
Mr.. John N. Alexius, postoffice, Gov
| ington, Louisiana, and Mr.. Alfred r
Alexius, postomce, Covington, Lou
| isiana. With the said Mr.. Guido L
Alexius as president; Mr.. Ciento W
| Alexius as first vice-president anc
general manager; Mr.. John n. Alex
| ius as SECOND vice-president, and Mr.
| Alfred P. Alexius as secretary-treas
urer.
ARTICLE TX.
| This Act t Incorporation may bt
changed, modified or altered, or thl'
corporation may be dissolved, or II
quidators may be appointed there
| for, as provided by Sections %, 2!
and 80 Of Act No. 267 Of the Acts o
the General Assembly of the State
of Louisiana for the year 1914, ant
other existing laws.
ARTICLE x.
No stockholder 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 unpait
balance due said corporation OF
shares of stock subscribed for ant
owned by the said stakeholder; no
shall any informality in the organi
zation of this corporation have tn
effect of rendering this charter nul
or of exposing stockholder to an.
further liability beyond the unpait
balance due on the shares of stool
owned by him.
/ Thus done and passed at my oflic
in the town of Covington, parish o
st. Tammany, State of Louisiana, OF
the day, month and year first abOv
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 th'
whole.
(Original signed)
/ G. C. Alexius, postoffice Covington
Louisiana-14 shares.
| C. W. Alexius, postcffice Coving
ton, Louisiana-12 shares.
| j. N. A1exius, post0ff1ce, 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.