St. Tammany farmer., 1917-10-06

qualified in ana for the parish OF 81.
Tammany, Stats Of Louisiana, per-
sonally came and appeared the per-
sons whose names aro 'hsra0nto sub
scribed, who declared to me. Notary.
that availing themselves Of the pro-
visions Of the laws Of this State fela-
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 for them
se.ves, their successors and assigns.
to form themselves into . corpora
ton and body polite. for the OBJ
jects and and purposes, and under
the st'ipulations hereinafter set forth.
to-Wit:
ARTICLE /.
The name and title of this 'eorpor-
alton shall be
Mackie Pine OIL Speciality COMPANY,
Incorporated,
and its domicile is hereby ostablish-
ed at Covington, st. Tammany par
ish, Lou fsiana; 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 ep-
point such officers, directors. agents
and managers or employees - the
interests or convenience Of said cor
poratfon may require: to make and
establish bylaws, rules ana regula-
tions for the proper management
and regulation Of its affairs. - 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
|poration.
Said corporation unless sooner
dissolved, in aeeordanso with IL
charter. shall exist and continue for
il period of n:nety-nino yeare from
and after the date hereof.
ARTICLE II.
The objects and purposes f0r
which this corporation 10 organised
and 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 oil
kinds, disinfectants, proprietary
medicinal preparations, eseential
oils and ehem.cals; to operate I'd.
vertising agencies: to own and op.
crate tram roads. and other means
Of Transportation: to own. buy and
sell real estate IN connection with
the carrying on Of its business: and
in general to engage In any business
incidental to or connected with TIL
| operations Of the business abov>
mentioned.
ARTICLE Ill
The capital stock Of this corpora
ton 70 hereby fixed at the cum ol
twenty-five Thousand ($25,000.00)
Dollars, divided into twenty-five hun
dred (25O0) shares of the par value
of Ten ($1O.00) Dollars each, pro
vided, that the amount to which th>
capital stock of this corporation maj
| be increased, shall be One Hundred
Thousand ($100,000) Dollars.
Which stock may be issued ut no
| less than par for cash. at the timl
It is subscribed for. or at such tim,
as may be deemed proper by tn,
Board of Directors, provided that
said stock shall 'be paid for In full
within twelve months after saml
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 .hcates shall be signe(
| by the President and Secretary o
said corporation and no stock sha.
be issued unless the confederation
therefor has been roceivoo BY sai(
corporation.
All transfers of stock shall .,
made on the books OF said compan,
at is office. on the surrender Of tn,
certificate therefor.
ARTICLE Nv.
Inc corporate powers OF this 60:
porat on shall be vested in and q
ercised by = Board Of Diroctoru
which shall consist Of i've (5) stock
! holders. majority Of three (3) o
whom shall constitute q quorum TO
the transaction of business. Sal,
D rectOrs shall be elected annual,
from among the stockholders on tn
second Monday In January Of eacl
year, commencing on the socon,
Monday in January, 1918, - pro
vided by law.
Within one week Of their election
as above provided for. the Beard 0
Directors shall elect from anon,
their number, . President, Q Vic
President. and . Secretary-Troasur
er, provided that one person ma,
hold the Office Of both Secretary an,
Treasurer, and all Of said o@coI
and directors shall hold their re
spective Offices for . period of on
year from tho date Of their olectior
or until their successors are electe
and qualified. But the failure 4
hold an annual election, or to cleo
the officers az shove provided foy
shall not result in q dissolution 9
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 sai