St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-06-02
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stead. ct any and all meetinep -
the Board OF Directors. The 20
Of Directors shall have the noves |
and authority to make such bylaw, Is
rules and regulations 40 may be &c.
sssary for the proper managsna II
of the affairs Of this corporation -
to amend and change the sama aessz
they may deem proper, provided ~ 81
same shall not conflict with the No.
visions of this charter, nor with fYsSs
laws OF the State Of Louisiana. -
with the laws of these United atatos 81
OF America, and shall have the nov1ss 4
er and authority to provide tor 49,
contract debts, borrow money. iaen1ssa|
bonds, drafts. notes, acceptances arSsss
other evidences Of indebtedneas ~ ~
to execute and accept pledges. mnr1s Mi
f.gages, deeds and other acts. Il ahAilsN
have the right to appoint and Alr
miss the officers and employees p IS
the corporation, as the interest 81 &
buiness Of the same may require ~ q
to fix the amount of their comuansss 81
ton and the time and manner az ~ Il
payment thereof. And they shan &
nave the right, power and authoritJgSs
to NIL any vacancy arising in thalr 4
number and to do all other thin1a
incident to the objects aud purposS1 As
of the corporation and to vest ~
president or other officer or ofIlees~ss
with such Of these powers - 49,
see fit. ,sS So
ARTICLE vi.
1
| The f1rst election of the Board y
| Directors under this charter shall -
at a meeting Of the stockholdera a
be held on the second Monday ~
May, 1918, at the Office Of the eofsE
poration at Coyington, parish OF 6I
Tammany, State of Louisiana. r. B
thereafter the stockholders 100:
hold meetings annually on tho r.. j
ond Monday in May, each year. -
the office OF said corporation, trana.sss
act any business coming before the
and elect 3 Board Of DirQoto1a
Notice Of stockholders meeting shAlf
be given In writing, by mail. addrea1,
ed to each stakeholder at hie uar6S :
place Of business fifteen (lS) day1sj
prior to the date Of such meetina.
The election of the Board Of Direct.
ors shall be by ballot, under suek q
rules and regulations 40 may b a.
termined by the Board Of Direetoso,
and each stockholder shall b 60
titled to one (1) vote. either In poe.s
son or by proxy, for each shaeos
owned by him, and majority Of thoa
votes shall elect such person or pes
sons for whom they are cast. ~,
Directors thus elected shall eos
tinue in Office for one ~ year, ~
luntil their successors shall AIyoS
been duly elected and qualified. NJ
failure to elect shall be regarded 9 -
forfeiture of this charter. TT
Board of Directors shall, ct ito mt
meeting after its election, out Of ~
own number, elect q President. We.
President and Secretary-Treasuroe.
These officers shall hold ONCE un1tIs
their successors are duly elected 90
qualified. Said Board Of Iirectofa
or it, successors, may, II they % d.
sire, sub-divide the once Of score.
tary-treasurer into two (2) ONES
that of Secretary and Of Treasurer
ARTICLE VII.
Until the election to b held O.
the second Monday in May, 1918, ~
following named persons. stoekholo.
ers Of this corporation. shall coneet
tute the first Board Of Directors ~
this corporation. viz:
Mr.. Abraham e. 1assman, pco1s
office Covington. Louisiana: and
Mr.. Alvin Massman. postomcs MI
ORLEANS. Louisiana; and
Mr.. Solomon MAssman. posto@1os
New Orleans, Louisiana: and
Miss Rosa Blum, postohiee New:
Orleans. Louisiana; and
| Miss Victoria Blum. postofnce New,
Orleans; Louisiana.
With the said ~
| Mr.. Abraham e. Massman az Pre-.
ident; and
| Mr.. Alvin Massman. % Vice. rssi-
dent; and
i Mr.. Solomon Massman, 20 0eere-
tary-Trsasurer.
/ ARTICLE VIII. .
This Act Of Incorporation may b.;
changed, modified or altered, or this.
corporation may be dissolved, or n
quidAtors may be appointed therefor.
- provided By Sections 80. - and.
50 Of Act No. 267 Of the Acts OF ths|
General Assembly of the State of:
Louisiana, for the year 1914, a11s
other existing laws. 49,
| ARTICLE TX
No stockholder Of this oorporatios
shall ever be liable for or rospo1eiblol
for the contracts, faults, debts. o.
failure Of this corporation in any
further sum than the unpaid bal
ance due said corporation on share1s
subscribed for and owned ~ the ealls
stakeholder; nor shall any informali-
ty in the organization Of this 10rss
poration have the effect Of render
ing this charter n.ll or Of expoei1e =
stakeholder to any further liAbil1t1
beyond the unpaid balance due -
the shares Of stock owned BY him.
Thus done and passed at my g.
fee in the town of Covington. par1shE
OF st. Tammany. State Of Louisia1a,s
on tho day, month and year INT
above written, In the presence q,
Mr.. j. Monroe Simmons and N.
Philip Burns, competent witnesses.
residing In the parish Of 81. Tsn%a
many, State Of Louisiana, who signed
these presents together with said A.:
bearers. and me. Notary. after dr.
reading of the whole.
(Orig.nal signed)
A. E. Massman, postofnce Covine-
, ton, Louisiana-46 shares.