St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-05-12
CHARTERS

stead, at any and all meetings OF q
the Board Of Directors. The Board
Of Directors shall have the power
and authority to make such BYLAW y
rules and regulations 40 may be nee.
essary for the proper management
of the affairs Of this corporation and
to amend and change the same 90
they may deem proper, provided thu
same shall not conflict with the pro-
visions of this charter, nor with the
laws of the State of Louisiana, nor !
with the laws of these United States
Of America, and shall have the p0W.l
er and authority to provide for ana
contract debts, borrow money, issue
bonds, drafts, notes, acceptances ana
other evidences of indebtedness and /
to execute and accept pledges, mort
cages, deeds and other acts. It shall
have the right to appoint and dis
miss the officers and employees Of
the corporation, as the interest ana
buiness Of the same may require ana
to fix the amount Of their compensar
ton and the time and manner OF the
payment thereof. And they shall
have the right, power and authority
to fill any vacancy arising in their
number and to do all other thingS
incident to the objects and purposes
Of the corporation and to vest the
president or other officer or officers
with such Of these powers as they
see At.
ARTICLE vi. a
IN A~nt a0a - IN >As
Directors under this charter shall b.
at meeting Of the stockholders to
be held on the second Monday IN
May, 1918, at the office of the cor.
poration at Covington. parish Of Sc.
Tammany, State of Louis ana, and
thereafter the stockholders shall
hold a meeting annually ON the SEQ.
ond Monday in May. each year. q
the Office Of said corporation, trans
act any business coming before them,
and elect q Board Of Directors.
Notice of stockholders meeting shall
be given in writing. by mail, address
ed to each stakeholder at his usual
place of business fifteen (15) days
prior to the date Of such meeting.
The election of the Board Of Direct
ors shall be by ballot, under such
rules and regulations AZ may b de-
termined by the Board Of Directors,
and each stakeholder shall be en-
titled to one ~ vote. either in per-
son or by proxy. for each share
owned by him, and major ty Of the
votes shall elect such person or per-:
sons for whom they are cast. The
Directors thus elected shall con-
tinue in office for one ~ year. or
until their successors shall have
been duly elected and qualified. No
failure to elect shall be regarded a. q
forfeiture of this charter. The
Board of Directors shall. at its nrs&
meeting after its election. out Of it,
own number, elect q President, Vice
President and Secretary-Treasuref.s
These officers shall hold ONCE until
their successors are duly elected and
qualified. Said Board Of directors,
or it's successors. may. II they 30 de-
sire, sub-divide the ONCE of secre-
| tary-treasurer into two az omceG,s
that Of Secretary and of Treasurer. q
ARTICLE VII.
Until the election to be held on
the second Monday In May, 1918. the
| following named persons. stockhold-
| ers of this corporation. shall c0nsel-,
this corporation. viz:
Mr.. Abraham e. Massman. post
! Office Covington, Louisiana: and
Mr.. Alvin Massman. postoface New
ORLEANS, Louisiana; and
Mr.. Solomon Massman. postofnce
New Orleans. Louisiana: and
Miss Rosa Blum, postonlce New
Orleans, Louisiana; and
Miss Victoria Blum, postofnce New,
Orleans. Louisiana.
With the said
Mr.. Abraham E. Massman az Pres
ident; and
| Mr.. Alvin Massman. a. vice-Presi-
dent; and
Mr.. Solomon Massman, a. Secre-
tary-Treasurer.
ARTICLEvlII. =.
This Act Of Incorporation may b
changed, modified or altered, or this
corporation may be dissolved, or IL
| quidators may be appointed therefor.
as provided by Sections 20. - and
80 Of Act No. 267 of the Acts Of the
General Assembly Of the State Of
| AOulSl6u0, 1OE tu0 your 4S44s 00A
other existing laws.
| ARTICLE TX.
No stakeholder Of this corporation
shall ever be liable for or responsible
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 said
stakeholder: nor shall any informan-
ty in the organisation Of this corr
poration have the effect Of render
ing this charter MIL or Of exposing .
stakeholder to any further liability
beyond the unpaid balance due on
the shares Of stock owned BY him.
Thus done and passed at my of
fee in the town Of Covington, parish
Of st. Tammany, State of Louisiana.
on the day, month ana year frst
above written, In the presence Of
Mr.. j. Monroe Simmons and Mr..
Philip Burns, competent witnesses.
re5iding in the parish Of st. Tam
many, State Of Louisiana. who signed
these presents together with said APP
bearers, and me. Notary, after due
reading of the whole.
(Original signed)
A. e. Massman, postof1ce Coving-
ton. LOuisiana-46 shares,