St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1920-05-01

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 binding upon the
corporation unless recorded upon tina
| books.
ARTICLE VI.
| ALI Of the corporate powers of this
{ corporation and the management
and control of its affairs shall be-
vested in and exercised by a Board
of Directors, composed Of soven III
! stockholders, @ majority Of whom
shall constitute quorum for the
transaction of all of the business.
The Directors shall be elected an.
nually by ballot by the stockholders.
on the third Monday of April Of each
year. Each stockholder shall be en-
titled in person or by proxy to vote
for every share owned. by him, and
all elections shall be held under such
rules and regulations as may be de-
termined by the Board Of Directors:
the Directors thus elected shall cor
tinue 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, at
mating a al
nominate out of it's number q Presi-
dent, Vice-President, and Secrs-
tary-Treasurer; said Board shall
have the right to appoint and dis.
miss clerks, managers and other an
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 as HIS
proxy, to act in his stead at any an
ell meetings of the Board of Di-
rectors.
Until the election OF officers to be
held on the third Monday of April,
1921, the following named persons
shall constitute the frat Board of d.
rectors, viz:
| OOAA "A. oLdA6dy ROSLOinS0 AuAt@
Springs, Louisiana.
Archie L. Stanga, postoffice Good
bee, Louisiana.
Andrew B. Stanga, postofflce Mad
isonville, Louisiana.
Frank NJ. Stanga, postoff1ce Mad
sonville, Louisiana.
Thos. B. Stanga, postoff1ce Madi-
sonville, Louisiana.
Mary M. D. Aubert, postofice Abita
Springs, Louisiana.
Claiborne F. Stanga, postofics
Goodbee, Louisiana.
With said Thos. B. Stanga al Pres
tdcnt, Archie L. Stanga an Vice
President, and Claiborne r. Stanea
as SecretaryTreasurer.
ARTICLE VII.
No stockholder 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 e1pos-
ing stakeholder to any liability be-
yond the unpaid balance due on the
shares owned by him.
ARTICLE VIII.
This act OF Incorporation may BIZ
changed, modified or altered or this
corporation may be dissolved with
the assent of the stockholders own
: Ing two-thirds of the stock OF ths
corporation, at . 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, at his laat knoan
place of residence.
In case of dissolution by the o..
/, piration of this charter or otherwiss,
the stockholders shall elect two I'D
iiQuidators from among their num-
ber, to liquidate and settle the busi.
ness and affairs of the company.
In case of disability of any OF sald
commissioners or liquidators. the
survivors or the remaining hQuidat-
ora shall appoint q successor to him
: Thus done and passed In my ofaes
, on the day, month and year fra
above written, in the presence q
Gable Boudousquie and Ralph II
Menetre, competent witnesses, WaoA
have signed with said appearers ana
me, said Notary, after reading OF lha
whole.
Original signed)
: MEDORA STANGA, Abita Spring,
La, by Claiborne p. Stanga,
shares.
J. A. sTANGA, Abita Springs, Lis
IL shares.
ARCHIE L. sTANGA, Goodies
La, 70 shares.
ANDREW B. sTANGA, Madden
Vile, La, 4 shares.
FRANK N. sTANGA, Madison
: Vile, La, 81 shares.
THOS. B. STANGA, MadisonTills'
: La, rs shares.
MARY M. D. AUBERT, AbsA
Springs, La., 81 shares.
CLAIBORNE F. STANGA, eooar
bee, La, 26 sharea-
Witnesses:
GABLE BOUDOUSQUlE.
RALPH N, MENETRE.
; THOs. II. BURNS.
Notary Public.