St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-03-17
CHARTERS.

S~~>.S
to time, such bylaws, rules and reg
ulations for the government OF the
affairs of said corporation, as may
be necessary and proper.
ARTICLE II.
The domicile of said corporation
shall be in the town of Covington,
parish Of St. Tammany, State of Lou
isiana, and all citations, or other
legal process, shall be served upon
the President of said corporation, or,
In the event of his absence, upon the
Vice-President, and in the absence OF
both of said officers, as the law d.
reefs.
ARTICLE Ill.
The objects and purposes for which
this corporation is formed, and the
nature of the business to be carried
on by it, are hereby declared to be:
To acquire, purchase or lease,
lands, buildings and improvements,
to conduct, carry on and operate
hotel or hotels in Covington, LOU
isiana, or in any other locality In
the State of Louisiana and In COZ
nection with the operation OF same
to acquire and purchase furniture,
fixtures and all necessary parapher-
MALTA and .appurtenances necessary
ITO conduct the same; to operate In
connection Herewith dining rooms,
cafe or cafes, billiard and pool rooms
and air other compliments for the
inconvenience and comfort OF the
guests as may be deemed advisable,
and especially to acquire the New
Southern Hotel of CovingtOn, La.
ARTICLE Nv.
The capital stock of this corpora
ton. is hereby fixed at the sum OF
Fffte EN- Thousand ($15, 0OO.OO Dol
lars, divided into and represented by
one hundred and fifty shares OF
stock of the par value of One Hun
dred ($1O0.0O) Dollars each. The
corporation shall have the right to
increase its said capital stock to Fiji
ty Thousand ($5O,00O) Dollars. iii
vided into shares Of One Hundred
($1OO.OO) Dollars each, If authoriz-
ed by q meeting of the stockholders
duly called and voted for according
to law. The capital stock may oe
increased or diminished. as provided
by law. All shares Of stock shall
be issued as full paid and non-assess-
able, and no transfer Of stock shall
be binding on the corporation unless
recorded on its books.
No stakeholder shall be liable for
any amount, beyond the amount OF
stock subscribed for by him in this
corporation.
ARTICLE v.
All of the corporate powers of this
corporation shall be exercised by a
Board of Directors consisting OF tive
(5) ockhOlders, of whom three (3)
shall constitute a quorum for the
transaction of business. The Board
of Directors shall elect, annually,
from their number, a president, vice
president, secretary and treasurer,
or may combine the said two latter
officers in one person. The Board
shall appoint, from time to time,
such officers, agents, clerks and en-
ployees, as they may deem necessary
for the purpose of carrying on the
business of the corporation, who
shall hold Office at the pleasure OF
the Board, or may employ q man
ager or other designated official with
power to employ and discharge such
agents and employees as may oe
deemed necessary and proper. Said
Board may make, alter and amend,
any and all bylaws and regulations
proper for the conduct and manage
ment of the business and affairs OF
the corporation.
The following persons shall COM
pose and constitute the first Board
Of Directors:
l.. ]. Bourgeois, President, Ham
mond, La. ....N
Harvey E. Ellis, vice-President,
Covington, La.
Clarence E. Schonberg, Secretary
and Treasurer, Covington, La.
John. P. Rausch, Abita Springs,
La, and Hermen H. Levy, Mande-
Vile, La, Directors.
The annual meeting Of the stock
holders of this corporation for the
election of officers shall be held On
the first Monday in March of each
| year, and the Directors now chosen
to represent this corporation snail
hold their Offices until that date or
until their successors are duly elect
ed and qualified. In case vacancies
occur during the year, same Shall
be filled by the remaining Directors
or Director.
| ARTICLE vi.
This charter may be modified,
changed or altered, or said corpora
ton may be dissolved, with the as
sent of stockholders owning two
| thirds of the entire capital stock OF
this corporation, at general meet
ing of its stockholders convened for
that purpose, after fifteen (15) DAYS
notice shall have been given to each
stakeholder, mailed to his last known
address. In case Of liquidation OF
this corporation, the Board of Di-
rectors shall be the liquidators
Stockholders may vote either In per-
son or by proxy.
ARTICLE VII.
The subscribers hereto have re,
spectively written opposite the,
names the amount of stock in this
corporation subscribed for by each
of them, together with their post
office addresses, SO that this act Of
incorporation shall serve as the
original subscription list of said cor
poration.
Thus done and passed in my offce
at Covipgton, La, on this first da,
of the month OF March, A. D., 1917
in the presence OF Messrs. H. +
Horton and Holger G. Kohnke, com
petent witnesses OF lawful age, VIII
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