St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1920-12-11
CHARTER OF THE
"COVINGTON MOSS & MATTRESS
WORKS, mo"
United States of America, State of
Louisiana, St. Tammany
Parish,

December, 1920, before me, Thos. NJ.
Burns, Notary Public duly COM
III ssioned and sworn, in and for the
Parish OF st. Tammany, State of Lou
islana, therein residing, personally
Cane ana appeared the several pei
Buns whose names are nereuuLO SUD-
scrlDeu, VINO declared LuaL aValllAs
themselves OF the laws OIL the STATE
OF louisiana, relative to the organi-
EATON Of corporations, they nave
coVenanted and agreed, and by these
presents do covenant and agree, bin1
and form and constitute themselves,
as well as such other persons who
may hereafter join or become asso-
clated with them, into a corporation
and body polite in law, Tor the OBJ
Jects and purposes, and under the
stipulations following, to-wit:
ARTICLE !.
The name and style of this cor
poration shall be the
.ACovington Moss e. Mattress Works,
Incorporated"
and under that name 1t shall have
and enjoy all rights and privileges
granted by law to corporations; IL
shall exist for a period or nlnety-nine
years from this day; it shall have
power to contract, sue and be sued
in its corporate name; to make anu
use a corporate seal and the same 60
alter at pleasure; to hold, receive,
purchase, convey, mortgage, hypotne-
cate or pledge, property, both real
and personal; to issue ponds, notes
and other obligations; TO have and
employ such managers, directors, OF
ficers, agents and other employees as
the interests and convenience OF said
corporation may require; to make
and establish such bylaws, rules and
regulations for the proper manage
ment and control OF the affairs Of
the corporation as may be reasonable
and expedient.
ARTICLE II.
The domicle Of said corporation
shall be at CoVington, Parish OF st.
Tammany, State of Louisiana; all
citations and other legal process
shall be served on the President, and
in his absence on the Vice-President,
and in the absence of both, on the
Secretary-Treasurer
ARTICLE III.
The objects and purposes for
which this corporation is established,
and the nature of the business to be
carried on by it, are hereby declared
to be:
To carry on and conduct the bust
ness of buying, ginning, selling AMI
dealing in all kinds of moss, raw COT
ton, hair, felt and other materials,
and the same to manufacture into
mattresses, holsters, pillows, cush-
ions and other articles; to build and
operate factory at Covington, La,
and such other places in this State
and elsewhere, and generally to do
and perform any and all acts ana
things pertaining to the business
above enumerated, connected there
with or arising therefrom.
ARTICLE w.
The capital stock of this Corpora
tioan Is hereby fixed at the sum OF
Fifteen Thousand ($15, O00) Dollars,
divided into and represented by six
uuuuT0u (OVVJ SudIcS Va lAC p1A
value of twenty-five ($25) Dollars
each, which shall be paid for in cash
when subscribed, or by the purchase
of property, or given for labor per-
formed or to be performed, as the
Board may elect, all Of which shall
be common stock.
That this corporation shall be o
going concern when Three Hundred
and Sixty-seven (367 shares Of the
capital stock is subscribed and &C
tually paid for. All shares shall De
full paid and worcestershire, which
capital stock may be increased to a
sum not to exceed Twenty-Five Thou
sand ($25, 000) Dollars, at the pleas
ure Of the Board of Directors, in
which event, during the period be-
tween the call for the meeting foE
such increase and the meeting, the
persons holding stock at the time
shall have the right to take shares
of the additional or increased stock,
proportionate to the number OF
shares owned by them, and any
shares not taken at the expiration
of said period may be disposed of by
the Board Of Directors for the bene-
fit Of the corporation, at not less
than their par value. No transfer
of stock shall be made unless ten