St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1920-05-29


amendments thereto.
ARTICLE II.
The domicile of this corporation
shall be the Town of Slidell, Parish
of St. Tammany, State of Louisiana,
and all citations or other legal pro-
cess shall be served upon the Presi-
dent of this corporation, or in case
of his absence upon a Vice-Presi-
dent, or IN the absence of all these
officers, upon the Secretary Of this
corporation.
ARTICLE III.
The objects and purposes for
which this corporation Is formed.
and the nature of the business to be
carried on by it, are hereby declared
to be:
To manufacture Candy, Ice Cream.
ETC., and to sell same at wholesale;
And to manufacture such other
products as may be deemed profit
able and to sell same both at whole
sale and retail;
To retail cigars, tobacco, candies,
soda water, ice cream, etc, and what
ever else may be deemed profitable.
To enter into, make, perform and
carry out contracts and agreements
of every kind not contrary to law
and in pursuance with the objects
for which this company is formed
with any individual, firm, Partner
ship, association, company, synli-
cate, corporation, government, state,
municipality, political subdivision or
other public or private body or au-
thority, and to carry on any other
business, which, under the law, it
may be entitled to carry on which
may seem to the corporation to be
calculated, directly or indirectly, to
effect the aforesaid objects and pdr-
poses, or either Of them, or to facili-
tate Incorporation in the transmits
sion of its aforesaid business or bust
nesses or any part thereof, or in the
transaction Of any other lawful bust
ness that may be calculated, directly
Or indirectly, to enhance the value OF
or to render profitable, any of the
corporations property or rights, and
generally to hold and exercise all
such incidental powers and pr!Vi-
leges, and to do and to perform all
things as relate to the objects and
purposes hereina bove set forth or as
may be needful, necessary, proper,
useful or convenient for effect.ng
said objects and purposes or either
of them.
ARTICLE ".
The authorized capital of this cor
poration is hereby fixed at and de-
cTared to be Ten Thousand ($10.-
000000) Dollars, divided into and
represented by One Hundred shares
of the sum of One Hundred ($1D0)
Dollars each.
The capital stock shall be repre-
sented by certificates, shall be full
paid and worcestershire when issued
shall be issued only for labor done
Or property actually received, or for
cash to be paid at such times or and
in such amounts and after notice
as may be determined by the Board
of Directors and shall be personal
property. No transfer Of said Capt.
tai shall be binding upon this cor
poration unless made in accordance
with its charter and bylaws and re-
corded on the books thereof, and no
transfer of any fractional part OF
share shall be made.
Fifty per cent, or Five Thousand
($5, 1000 Dollars of the capital stock
shall be subscribed. before the filing
Of this act Of incorporation, and fifty
per cent of the amount so subscribed
shall actually be paid before the or
Grafton engages in business and the
remainder of the amount so subscrib
ed shall be paid within one year
from and after the date hereof; the
and paid subject to the action and
call of the Board of Directors in
conformity with the existing pro-
visions of law relating to corpora
TONS
ARTICLE v.
All of the corporate powers of this
corporation shall be vested in and
exercised by board of not less than
three CD nor more than seven (7j
directors, each of whom shall hold In
his own name at least one share Of
the stock of this corporation Said
Board of Directors shall be elected
annually on the :. day of 80.
of each year, beginning with 1920,
unless such day should fall on
legal holiday, and in that event, on
the next succeeding day which is not
a legal holiday All such elections
shall be by ballot at the Office IF
this corporation, under the super
vision of three co commissioners,
to be appointed by the Board of Di-
rectors, and in the absence of any
commiss :oner, the president shall
have the power to fill the place by
appointment OF all such elections,
as well as of all meetings of stock
holders, except for the purpose Of
and dissolution, or other
wise required by. law, fifteen (15i
days notice shall be given by mail
ing to each stakeholder who appears
as such on the books of this corpora
tion at his last designated address,
or care of general delivery at Slidell,
II he has not designated an address,
a notice stating the time and place
Of the meeting.
Each stakeholder shall be entitled
to one % vote for each share of
stock in his name on the books : II
this corporation, to be cast in pe"-
son or by proxy, and majority Of
the votes cast shall elect. Failure
to elect directors on the day alb ,yo
specified shall not dissolve this cor