St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1920-05-08

| shares not taken at the expiration
of said period may be disposed of nv
the Board of Directors, for the bene.
fit Of the corporation, at not lesa
than their par value. No transfar
OF stock shall be binding upon the
corporation unless recorded upon the
books.
ARTICLE VI.
! All OF the corporate powers OF this
corporation and the MANAGEMENT
and control of its affairs shall M
vested in and exercised by a Board
of Directors, composed of soven (7l
stockholders, a majority OF whom
shall constitute a quorum fer The
transaction of all of the business
The Directors shall be elected an
nually by ballot by the stockholdera
ON the third Monday of April OF each
year. Each stockholder shall be an.
titled in person or by proxy to yota
for every share owned by him, and
all elections shall be held under such
rules and regulations as may be dc.
termined by the Board OF Directors.
the Directors thus elected shall cor
Ftinue in office for one year, or until
their successors have been duly elect.
ed and qualified. No failure to elect
shall be regarded as a forfeiture OF
this charter; any vacancy occurring
on said Board shall be filled by The
remaining Directors for the unex-
! PRED term.
The Board of Directors shall, 4.
its first meeting after its election
nominate out of it's number q Presl-
dent, Vice-President, and Secrs-
tary-Treasurer; said Board shall
have the right to appoint and DIS.
miss clerks, managers and other en-
ployees of the corporation as the In
terests and business Of he same may
require. Any of the Directors shall
have the right to appoint by written
instrument another Director az his
proxy, to act in his stead at any AMI
all meetings of the Board of Di-
rectors.
Until the election of officers to be
held on the third Monday Of April,
1871, the following named persons
shall constitute the first Board of Dr.
rectors, viz:
John A. Stanga, postof1ce Abita
Springs, Louisiana.
Archie L. Stanga, postofice Good
bee, Louisiana
| Andrew B. Stanga, postoffice Mad.
isonVille, Louisiana.
Frank M. Stanga, postoffice Mad
sonville, Louisiana.
Thos. B. Stanga, postofice Madi-
sonville,. Louisiana.
Mary M. D. ALBERT, postoflcs Abita
Springs, Louisiana.
Claiborne F. Stanga, postomca
| Goodbee, Louisiana.
With said Thos. B. Stanga an Pros
idont, Archie L. Stanga an vice.
President, and Claiborne =. Stanaa
as Secretary-Treasurer.
ARTICLE VII.
No stakeholder shall be liable or
| responsible for the contracts, faults
and debts of said corporation, nor
shall any mere informally in ita or.
ganization have the effect of rem
dering this charter null or of expos
ing stockholder to any liability be-
yond the unpaid balance due on this
| shares owned by him.
ARTICLE VIII.
This &ct of incorporation may b.
changed, modified or altered or this
corporation may be dissolved with
the assent Of the stockholders own
Ing two-thirds Of the stock OF the
corporation. ct q general meeting
convened for that purpose, and altar
at least fifteen (15) days written
notice Of this meeting having been
given through mail, addressed to
each stakeholder, ut his laat known
place Of residence.
| In case OF dissolution by the OF.
piration of this charter or otherWtse,
the stockholders shall elect two CD
hquidators from among their num-
! Dor, to liQuidate and settle the busl.
ness and affairs of the COMPANY.
In case OF disability of any Of said
commissioners or liquidators, the
survivors or the remaining liquidst-
ora shall appoint . successor to him
Thus done and passed in my Ofaes
ON the day, month and year Arss
above written, In the presence OF
Cable Boudousquie and Ralph Il.
Menetre, competent witnesses, who
have signed with said appearers ard
me, said Notary, after reading Of the
whole
Original signed)
| MEDORA STANGA, Abita Springs,
La, by Claiborne F. stanga, ~
shares.
J. A. sTANGA, Abita Springs, La
10 shares.
ARCHIE L. sTANGA, Goodies
La, 20 shares.
ANDREW B. STANGA, Madiaon-
vile, La, shares.
FRANK M. STANGA, Madison.
Vile, La, 81 shares.
THOs. B. STANGA, MadisonTiIls
La, rs shares.
MARY NJ. D. AUBERT, Abila
Springs, La, 81 shares.
CLAIBORNE F. STANGA, Good-
bee, La, rs shares.
Witnesses
GABLE BOUDOUsQUIE.
RALPH N, MENETRE.
THOS. N. BURNS,
Notary Public