St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-05-26
CHAnTEno

stsad. 1t Any and al nsatlnas p y
the Board Of Dtrsssers. Tbs 1eef;s
at 0isAatarA shall have the So \
and authority = make such. hy-laVs|
ralss and regAletians - may 10 -
essary TOR the proper maaAs9me1
Of the affairs Of this. corporation 49,
to amend and change the 9ane -
they may deem proper, provided o.
same shall not conflict with the ~
visions OF this charter. nor with -
laws OF the State Of LOUISIANA. 49,
with the laws Of these United stafoss
of America, and shall have the pov.
or and authority to provide tor aa6
contract debts. borrow money, iaarn
bonds, drafts. notes, acceptance; ant
other evidences Of Indebtedness 49,
to execute and accept pledges, NOR
cages, deeds and other acts. II ahalls
have the right to appoint and AZ.
miss the officers and employees 81
he corporation, as the interest anSS
ouiness Of the same may require a.
10 fix the amount Of their compenao.s
ton and the time and manner Of H.
payment thereof. And they shan
have the right, power and authoritys:
to fill any vacancy arising in Their
number and to do oil other thinen5
incident to the objects and purpoe1a
Of the corporation and to vest tho
president or other officer or oficarns
with such Of these powers o. Tier
see At.
ARTICLE vi.
The first election Of the Board g.
Directors under this charter shall -
At = meeting Of the stockholdero u
be held on the second Monday -
May, 1918. ut the ONCE OF the cor
poration ct Covington, parish OF n
Tammany. State Of Louisiana, an
thereafter the stockholders sAall.
hold . meeting annually on the -.
ond Monday In May, each year, e.
the ONCE Of said corporation, trans.
act any business coming before then.
and elect Board Of Directors
Notice Of stockholders meeting shall
be given In writing, BY mail. addreae
ed to each stakeholder 1t his usvG1
place Of business fifteen (1s) daypi
prior to the date Of such meetine,
The election Of the Board Of Direct
ors shall be BY ballot, under sueA;
rules and regulations - may b de-
termined by the Board Of Directors.
ana each stockholder shall b e.
titled to one ID vote. either in per.l
son or by proxy. for each share
owned by him, and . majority Of ~
votes shall elect such person or pos.
sons for whom they are cast. TIT
Directors thus elected shall con
tinue in office for one ~ year. o.,
until their successors shall Aayo
been duly elected and Qpalihed. NJ.
failure to elect shall be regarded 90 q
forfeiture Of this charter. tn
Board Of Directors shall. ct it, a1st
meeting after ito election. out Of IT.
own number, elect . President, Vie.
President and Secretary-Treasuree.
These oncers shall hold once untl1
qualified. Said Board Of Diroctofo.
or its successors. may, II they % %.
sire. sub-divide the ONCE Of score
tary-treasurer into two ~ onleso,
that of Secretary and Of Treasurer.
ARTICLE VII.
Until the election to b held al
the second Monday In May. 1918, Tho
following named persons, stockhoi0s
ers Of this corporation. shall conaej-
tute the hrst Board Of Directors e
this corporation. viz:
Mr.. Abraham E. lesoman, post.
ONCE Covington, Louisiana: and
Mr.. Alvin Massman, postoflce New
ORLEANS. Louisiana: and
Mr.. Solomon Massman, postonleo
New Orleans, Louisiana; ana
Miss Rosa Blum. posto1&eo NJ
Orleans, Louisiana; and 800
Miss Victoria Blum. postomee IT,
Orleans, Louisiana.
With the said
Mr.. Abraham e. Nassman 20 Pres.
ident; and
Mr.. Alvin Massman, % Vice Presi-
dent; and
Mr.. Solomon Massman. % Secre-
tary-Treasurer.
ARTICLE VIII.
This Act OF Incorporation may II
changed. modified or altered. or thlo
corporation may b dissolved, or u
quidators may be appointed therefor,
90 provided BY Sections -. 30 81
l " VI All GNVs 4OU VI Tue ASIU VI 90
General Assembly Of the State 4
Louisiana, for the lear 1914. Ax
other existing laws.
ARTICLE u.
| No stockholder Of this eorporatleo
shall ever be liable for or resDonsible
for the contracts. faults. debts Or
failure Of this corporation IN any
further sum than the unpaid bal.
ance due said corporation on shares
subscribed for and owned ~ the sall
stQckholder: nor shall any informali-
ty In the organisation Of this cor
poration have the eject Of render-
ing this charter MIL or Of exposing =
stockholder to any further liability
beyond the unpaid balance due 81
the shares Of stock owned b. hin.
Thus done and passed ct my e.
flce In the town Of Covington. parish
OF st. Tammany. state Of LouielaAA,
on the day, month ana year 6fse
above written. IN the preseneo o.
Mr.. J. Monroe e'mmons and 1f.
Philip Burns. competent witnessed.
residing In tho parish OF St. Tam
many. State of Louisiana. who signsd
these presents together With said aD-
| bearers. and me. Notary. After due