St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1919-12-20

| waters, coca cOiay settler wa tiers; an d
| soft drinks of every kind and de-
scriptfon: to acquire and sci;
bottlers' and manufacturers sup
plies, including liquid, gas and sest
| drink dispensing equipment5of every
kind and description, and to- buy
and sell any and all kinds Of uer-
chandise; to purchase or otherwise
acquire, hold, Lease improve, mure-
gage'and sell real and personal prop
erty, both in the State of Louisiana,
and elseWheres and generally to aens
gage in, any business convenient
necessary or incident to, or connect
ed with the operation Of the bust
ness ardsindustTies above mentioned.
ARTICLE LII.
The capital stock of this CORPORA.
ton is hereby fixed at the sum of
Six Thousand ($6,000.00) Dollars,
represented bys sixty (60) shares Of
the par value Of One Hundred Dol.
lars ($100.0O) each, but the capital
stock may be increased from time to
time by amendment to- thiaS caaFter;
in accordance with law, to the sum
of Twelve Thousand (S12,000) Dol
lars, Or any part Of such sum.
The corporation shall be a going
concern when Siz@ThousaRd Dollars
($6,000) shall have been subscribed.
for and Threee Thousand Dollars
($3sO00)7o of stch stock has been &C.,
tually pafdsint- Shares of stock shall
be represented by certificates signed
by the President and Secretary.
ARTICLE w.
The affairss of the corporationa
shall be managed by q Board OF Di-.
reetoFs, composed Of three stockhold-.
ers who shall be elected annually by
- ballot at o. stcokholders' meetings
to- bes heids on a the first Monday of
December Id. each year Tor If That's
day fall On legal holiday, then on1
the ne1t day following) exceptilgI
that unfit the fist Monday Of Deem
Der, 1920, the following named pei
sons shall constitute the first Board I
OF Directors; Luther Whitfield, i
whose postofice is Sidell La; BoyII
Whitfield, whose postofice is slidell, i
Lag aad C. n. Everett, vAose& post
ofiieeais Sitdell, La, ofswhom' Luther
Whitfield, shall, be- President, Boyas|
Whitfield shall be- Vice President,
and C. A Everett shaNsbe- Secretary
Treasurer.
Any failure to eject Directors an
nuallys shall anot dissolve he corpora. |
ton, but thesDireetorss then in Office |
shall continue to- serve, Until their |
successors shall have. beeasdulyE elect
A.
the Board Of Directors occurring by
DEATH resignation or otherwise, shall
be filled by the remaining Directors |
meetings may, be held |
when ordered by the Board Of Dires-i
tors, and shall be held on the rs-s
quest OF the holders OF tweMty-hVe9
per- cent of the outstanding stock.
Notice of all astoekholedrgs meeting s'
other than misunderstanding, shall
oe given by written otieeeto gtoeks
holder, through the mail, at his last
Known address, at leastsfifteeu days
before such meeting Each stock
lolder shall be entitled to one vote
or every share of stock owned by
linn.
ARTICLBY
This charter may be- amended icrtf
his corporation dissolved by aAtWo-
birds vote of@the@ outstanding stock
It stockholders meeting called by
hetBoard of Directors aftefchsvfng
,iven notice to eachtst oekheEdsrs in
1riting, stating the purpose forI
which said meeting is'ealled, at least
fteen days before such erecting amt
epositod III poseoffiee, addressed to
is last known address,. Ini'case OF
isselution, the Board of Directors
hall act as liquidators.a
ARTICLE W.
The Board of Directors shall have
he right to employ and dismiss :,
Jerks and managers, and. to adopt
y-laWs for the general management
the corporation, and can amend
le same at their pleasure
ARTICLE VII. +
This corporation shall enjoy, all !.
ghts and privileges granted by lausf
, corporations, and shall use a cer-
crate seal. It shall have power to
ontraet, sue and be sued in its cor
crate name, to hold, receive, con- {
ey, mortgage, hypothecate or. pledge /
roperty. both zealand personal. It
hall have power to establish branch
5 in tie State of Louisiana, and
seWhere. Ill g
ARTICLE VIII. t
The names and postoffice addresses T
the subscribers of these articles of
and the number Of I
mares In the corporation which each
them agrees to take, are as fol-
,ws:
Luther whitfield, whose postofice
ddress in SIidel1, La, subscribes to
7 shares
Frank L. Gallagher, whose post
flee address is Covington, La, sub
tribes to 1 share.
Boyd Whitfietd,; whose postoh1ce
ddress is S1iden, La, subscribes TO
share.
C. A. Everett, whose postoffice adj
ress is Slfdeff, La, subscribes to q
lare.. 6
Making total of sixty shares
ARTICLE TX.
No stakeholder shall be liable or
esponsible for the contracts, faults
r debts of said corporation, nor
lall any informality in its organiza q
on have the effect of rendering this .
,rporaiion null or exposing a stock
older to any liability, beyond the q
npaid balance of his subscription
, the stock of the corporation.
Thus done and signed at my of1fve,