St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1919-11-01


days continuous publication imme-
diately proceeding such election in a
paper publish4d in the Town of Gov
| ington, Louisiana, or by ten C1O)
| days written notice to each stock
holder. The First election hereunder
shall be held On the first Tuesday Of
October, 1925 until which time the
following persons shall be and con-
stitute the Board of Directors Of this
company, to-Xit: John P. Rausch,
| Ernest J. ID mergue and Harry A
Black. Any Vacancy occurring in
the Board OF Directors during it's
term of offices shall be filled by cleo
ton by the remaining members of
the board.
A majority ;of the members of the
board shall constitute a quorum for
the transaction of business and their
decisions shSl be valid corporate
acts.
At each annual meeting of the
! Board Of DIRECTORS, held on the first
Tuesday of October, 1919, and an
nually thereafter, the said board
shah elect from among it's number a
president, WAC may also be the
treasurer of said corporation; a vice.
president, Secretary and such other
officers as may be necessary, and the
said officers shall hold office for one
year, Or until their successors are
elected. Until the first election, the
following are declared to be the Of
ficers of THIS corporation, to-Wit:
John P. Rauach, president and treas
urer; E. J.s Domergue, vice+presi-
dent, and Harry A. Black, secretary.
/ Any failurR from any cause what
ever to elecH directors On the date
named for ahat purpose shall not
dissolve this corporation, but the di-
rectors then in office, as well as the
officers of this company, shall hold
over until their successors are chos-
en-. In SUCH event the president
shall cause another election to be
held in thirty 600 days, and shall
/ give notice shereof as above pro-
vided.
During ths absence of the presi-
dent the vicespresident shall act and
preside.
At every election and meeting each
stockh older shall be entitled to one
vote for eachlshare of stock register
ed in bis na me, and may vote by
proxy. The election of directors
shall be by ballot, and a majority in
amount of votes cast, each share Of
stock voted Upon to be counted for
one vote, shall elect the person or
persons for Ehom they have been
cast.
ARTICLE v.
! 1t shall bes lawful for the stock
holders of this corporation, at gen.
eral meeting convened for that pur-
pose, TO make}any notifications, adj
ditions or changes in this act of in
-, corporation, Gr to dissolve it with
the assent Of three-fourths of the
stock represented at such meetings.
Notice Of such: meeting shall be given
as prescribed. in Article w hereof
| for the election of directors.
ARTICLE VI.
No stockholders of this corpora
|
sponsible for ethe contracts Or faults
| thereof in ans further sum than the
unpaid balan:e due the company on
the shares ofsstock subscribed for or
owned by hisl, nor shall any infor-
mality in organization have the effect
of rendering shis charter null, or of
exposing a stakeholder to any liabili-
| ty beyond the unpaid balance, If any,
of his stock. !
ARTICLE VII.
In case of sdissolution or termina-
ton Of this corporation, either by
limitation of fits charter of from any
othe rcause, she liquidation of it's af-
fairs shall besconducted by three CD
liquida .ors selected from the stock
holders of thl company by a majori-
ty of the votes cast at meeting
called fer thh purpose after notice
shall have besn given, as provided in
Article " hereof for the election Of
directors. Said liquidators shall re-
main in offica until the affairs of the
said corporation have been fully
| liquidated. IN case of the death of
one or more sof said liquidators, the
survivor or Survivors shall continue
| to act.
Thus don} and passed at my
notarial Offices in the town Of Coving
ton, Louisiana, on the 18th day of
September, 1919, in the presence of
Bonnie Moses and c. S. Frederick,
two coupetegt witnesses, who here
unto sign the II names, together with
said parties, Sand me, Notary, after
reading of TIP whole.
John P. Rausch, 1900 100 shares
Abita Springs, Louisiana.
| Harry A BlaSk, SO shares
New Orleass, Louisiana.
| E. J. Domergs1e, so shares
Covington, SLouisiana.
Witnesses:s
BONNIH MOSES.
C. S. Frederick.
| LEWIS L. MORGAN,
Notary Public.