St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1920-06-19

stock voted upon to be counted for
one vote, shall elect the person or
persons for whom they have been
cast.
After each election the board of
directors shall elect from their own
number the officers of said company.
ARTICLE V.
The board of directors shall have
full power to fill vacancies in their
number caused by death, resignation
or otherwise, from the stockholders
Of the corporation.
The said board of directors shall
have full control of the property of
this company, and shall SO conduct,
manage and use the same as in their
discretion they deem fit, and as is
consistent with the objects of this
company or the welfare of the same
The said board of directors is fur
Their authorized to frame and adopt
such bylaws, rules and regulations
as the affairs of the corporation may
require and as it may deem necessary
for the conducting and management
thereof; provided the same shall not
conflict with this charter, or with
the laws of the State or of the United
States.
The said board of directors shall
elect or appoint such other officers,
agents, employees, servants and clerks
| as 1t may deem necessary for the
conudcting of the business Of the
| corporation; fix their compensation,
terms of service, with the right t.
dismiss them at said boards pleas
ure; and that said board shall have
the right to fix and determine the
salaries of the several officers herein
provided for.
ARTICLE vi.
This charter may be changed,
modified or amended, Or this cor
poratton may be dissolved, at a gen.
eral meeting of the stockholders
convened for the purpose, with the
assent of two-thirds of the entire
| capital stock, whether present or
| represented at such meeting, all as
provided by Act 267 of the Legisla-
ture of the State of Louisiana for
the year 1914.
Ten days prior notice of such
meeting shall be given in any daily
English newspaper published in the
Parish of st. Tammany.
| In case of dissolution or termina-
tiongof this corporation, either by
limitation Of its charter or from any
cause, the liquidation of it's affairs
shall be conducted by three commits
sioners selected from the stockhold-
ers, with like assent, and at meet
ing called for that purpose, as above
set forth.
Said commissioners shall remain
in Office until the affairs of said cor
lporation shall have been fully liqui-
dated. In case of the death of one
or more of said comm tssioners, the
survivor or survivors shall continue
to act.
| ARTICLE VII.
No stockholder of this corporation
shall ever be held liable or re-
Isponsible for the contracts or faults
thereof, in any further sum than the
unpaid balance due the company On
the shares of stock subscribed for or
owned by him, nor shall any infor-
malsty in organization have the Ell
feet of rendering this charter null
or of exposing a stakeholder to any
liability beyond the unpaid balance,
if any, on his stock.
Thus done and passed at my office
in the City of New Orleans, Louisi-
ana, on the day, month and year
first here nabove written, in the pres
ence Of Salvador Schilleci and Fran
ces Eis,er, competent witnesses, who
hereunto sign their names, together
with said appearers, and me, No
tary, after due reading of the whole,
and thesigners also declare that they
have affixed opposite their names the
number of shares of stock reseec-
lively subscr bed for by them, and
that they declare this to be their
stock subscription list.
! (Names of subscribers and
amounts subscribed omitteD