St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-05-05

CHARTERS.

"N-~~~~>~@so~~c~~~~~ -c~~~~~>~o~N~~~
election of the Board of Directors
shall be by ballot, under such rule
and regulations as may be determin
ed by the Board of Directors, an(
each stakeholder shall be entitled tt
one vote, either in person or by
proxy, for each share owned by him
and majority of the votes shall
elect such person or persons fol
whom they are cast. The Director:
thus elected shall continue in office
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 its 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
flee until their successors are duly
elected and qualified. Said Board OF
Directors, or its successors, may, il
they so desire, sub-divide the office
Of Observation-Disclosures into two Of
fees, that of Secretary and of Treas
urer, and it may, If it desires so to
do, abolish the Office of Second Vice
President.
ARTICLE VIII.
Until the election to be held on
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 C. Alexius, postoffice Coving-
ton, Louisiana; Mr.. Ciento w. Alex
ius, postoffice Covington, Louisiana
Mr.. John N. Alexius, postoffice, Gov
fngton, Louisiana, and Mr.. Alfred p.
Alexius, postotnce, Covington, Lou
isiana. With the said Mr.. Guido L.
Alexius as president; Mr.. Ciento W.
Alexius as first vice-president and
general manager; Mr.. John N. Alex
ius as second vice-president, and Mr..
Alfred P. Alexius as secretary-treas-
urer.
ARTICLE TX.
This Act of Incorporation may be
changed, modified or altered, or this
corporation may he dissolved, or Ii
quidators may be appointed there
for, as provided by Sections %, 29
and 80 of Act No. 267 of the Acts of
the General Assembly of the State
of Louisiana for the year 1914, and
other existing laws.
ARTICLE X.
No stakeholder 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 unpaid
balance due said corporation on
shares of stock subscribed for and
owned by the said stakeholder; nor
shall any informally in the organi-
cation of this corporation have the
effect of rendering this charter null
or of exposing a stakeholder to any
further liability beyond the unpaid
balance due on the shares of stock
owned by him.
Thus done and passed at my Office
in the town of Covington, parish of
st. Tammany, State of Louisiana, on
the day, month and year first above
written, in the presence of Mr.. J..
Monroe Simmons and Dr. NJ. r. Fish
err, competent witnesses, residing in
the parish of St. Tammany, Louisi-
ana, who signed these present, to-
gether with said appearers, and me,
Notary, after due reading of the
whole.
(Original signed)
G. C. Alexius, postoffice Covington,
shares.
c. w. Alexius, pOstOffice Coving-
ton, Louisiana-12 shares.
]. N. Alexius, postoffice, Coving-
ton. Louisiana-12 shares.
A. P. Alexius, postoffice Coving-
ton, Louisiana-12 shares.
Witnesses:
J. MONROE SIMMONS.
NJ. R. FISHER, D. d. S.
ARTHUR L. BEAR,
Notary Public.
Detailed and itemized description Of
porperty of Aexius Brothers &
Company, making up the subscrip-
ton to the capital stock of Alex
ius Brothers & Company, IncOr-
porated, and the valuation there
of:
Merchandise ...... $3OVO.OO
Accounts receivable. 100000.
Real estate. ........ 100000
100000
We, the Board of Directors of
Alexius Brothers & Company, In
value and appraise the
hereinabove described at
the sum of Five Thousand ($5OOO)
Dollars.
Original signed)
C. c. ALEXIUs,
c. W. ALExIUs.
J. N. ALEXIUS.
A. P. ALEXIUS.
Covington, La, April Is, 1917.
ATTEST.
A true copy of the original Act
Of Incorporation.
ARTHUR L. BEAR,
Notary Public.
l, the undersigned deputy Clerk of
Court and Ex-Officio Recorder of
in and for the Parish of
St. Tammany, State of Louisiana, do
hereby certify that the above and
foregoing Act of Incorporation of
Alexius Brothers E. Company, In
was this day duly re-
corded in my Office in Charter Book