St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1919-12-13

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The town has issued notice that
| work on the Wehrli building must
be stopped until permit is issued and
fire ordinance regulations complied
with.
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bottlers' and manufacturers sup
plies, including liquid gas and soft
drink dispensing equipment of every
kind and description, and to buy
and sell any and all kinds of mer-
chandise; to purchase or otherwise
acquire, hold, lease, improve, mort
gage and sell real and personal prop
erty, both in the State Of Louisiana,
and elsewhere, and generally to en-
gage in any business conveniently
necessary or incident to, or connect
ed with the operation of the bust
ness ard industries above mentioned.
ARTICLE LII.
The capital stock of this corpora
ton is hereby fixed at the sum of
Six Thousand $6,00O.00) Dollars,
represented by sixty (60) shares of
the par value Of One Hundred Dol
lars ($100.00) each, but the capital
stock may be increased from time to
time by amendment to this charter,
in accordance with law, to the sum
of Twelve Thousand ($12,000) Dol
lars, or any part of such sum.
The corpora tion shall be going
concern when Six Thousand Dollars
($6,000) shall have been subscribed
for and Three Thousand Dollars
($3,000) of such stock has been ac-
tually paid in. Shares of stock shall
be represented by certificates signed
by the President and Secretary.
ARTICLE w.
The affairs of the corporation
shall be managed by Board of Di-
rectors, composed of three stockholG
ers who shall be elected annually by
a ballot at stockholders meeting
to be held on the first Monday of
December in each year Cor il that
day fall On legal holiday, then on
the next day following) excepting
that until the first Monday of Decem-
ber, 1920, the following named pei
sons shall constitute the first Board
Of Directors: Luther Whitfield,
whose postoffice is Slidell La; Boy1
whose postoffice is Slidell,
La, ana C. A. Everett, whose post
office is Slidell, La, of whom Luther
Whitfield shall be President, Boyd
Whitfield shall be Vice President,
and C. A Everett shall be Secretary
Treasurer
Any failure to elect Directors an
nually shall not dissolve +he corpora
ton, but the Directors then in office
shall continue to serve Until their
successors shall have been duly elect
ed and qualified. ANY vacancy on
the Board of Directors occurring by
1eath, resignation or other wise, shall
be filled by the remaining Directors
meetings may be held
when ordered by the Board of Direc-
tors, aad shall be held on the re-
quest OF the holders Of twenty-five
per cent of the outstanding stock.
Notice Of all stockholders meetings
1ther than adjourned meetings, shall
be given by written notice to stock
holder, through the mail at his last
known address, at least fifteen days
before such meeting. Each stock
holder shall be entitled to one vote
tor every share of stock owned by
lim.
ARTICLE V.
This charter may be amended cr
his corporation dissolved by two
birds vote Of the outstanding stock
1t a stockholders meeting called by
he Board of Directors, after having
given notice to each stockholder, in =
stating the purpose for
which said meeting is called, at least
fifteen days before such meeting and
deposited in postoffice, addressed to
his last known address. In case OF
the Board Of Directors
shall act as liquidators.
ARTICLE VI.
The Board of Directors shall have.
he right to employ and dismiss
Jerks and managers, and to adopt
bylaws for the general management
If the corporation, and can amend
he same at their pleasure
ARTICLE VII.
This corporation shall enjoy all
tights and privileges granted by law
10 corporations, and shall use a ccr-
oorate seal. 1t shall have power to
contract, sue and be sued in its cor
porate name, to hold, receive, con-
Fey, mortgage, hypothecate or pledge
both real and personal. 1t
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