St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-04-14
CHARTERS.

corporation shall have the right 10
increase its said capital stock to Fit.
ty Thousand (s5O,OOO) Dollars, III
vided into shares of One Hundred
($lOO.OO) Dollars each, if authoriz-
ed by a 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 It's books.
No stockhOlder 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 five
go stockholders, of whom three (3)
shall constitute quorum for the
transaction Of business. The Board
of Directors shall elect, annually,
from their number, 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 a 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. J. Bourgeois, President, Ham,
mond, La.
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 en-
the first Monday in March of each
year, and the Directors now chosen
to represent this corporation shall
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 filed 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 a general meet
ing of its stockholders convened for
that purpose, after fifteen (15) days
notice shall have been given to each
mailed to his last known
address. In case of liquidation Of
this corporation, the Board of Dr.
rectors shall be the liqu:dat0rs.
may vote either in per-
son or by proxy.
ARTICLE VII.
The subscribers hereto have re-
spectively written opposite Their
names the amount Of stock In this
subscribed for by each
Of them. together with their post
office addresses, so that this act Of
shall serve as the
original subscription list of said cor
poration.
Thus done and passed in my Office
At Covington, La, on this first day
IF the month of March, A. d., 1917,
in the presence of Messrs. H. =.
Horton and Holger G. Kohnke, COM
petent witnesses of lawful age, who
have hereunto subscribed their
names together with said parties,
and me, Notary, after due reading
If the whole.
L. J. Bourgeois, Hammond, La,
80 shares.
Harvey E. Ellis, Covington, La ,
10 shares.
Herman H. Levy. Vaudeville, La,
shares.
Jacob Seller, Covington, La, 4
shares, Chas. A. David, Vaudeville,
la, share.
F. Edw. Vix, Vaudeville, La, 4
shares.
Clarence E. Schonberg, Covington
La, 4 shares.
VIM. D. Cox, New Orleans, La, l
share.
Joseph Brig, Vaudeville, La, 5 |
shares. BY Harvey q. Ellis.
A. D. Crawford, Pearl River, La,
shares. By Harvey E. Ellis.
John P. Rausch, Abita Springs,
La, shares.
j. S. Jones. Covington, La. Il
shares.
F. L. Dutsch, Waldheim, La, 2
shares. BY John P. Rausch.
Herman A. Dutsch, Waldheim,
La, 2 shares. BY John P. Rausch.
E. J. Domergue, Covington, La,
) shares. BY John p. Rausch.
Louis NJ. Bourgeois, Covington,
La, 2 shares. By Jacob Seller.
Lawrence M. Bourgeois, Coving-
ION, La, l share. BY Jacob Seller.
Hayden w. Wren, New Orleans,
La, 20 shares. By E. NJ. Stafford.
Ethelred NJ. Stafford, New Or
cans, La, shares.
Witnesses:
H. F. HORTON.
HOLGER G. KOHNKE.
KARL ]. KOHNKE,
Notary Public.
T w r Rlossamn. DEPUTY Clerk