St. Tammany farmer., 1920-12-18
CHARTER OF THE
"COVINGTON MOSS & MATTRESS
WORKS, mo-"
United States of America, State of
Louisiana, st. Tammany
Parish.

be II Known LQdL Oh LulS lSL udy VI
december, 1920, before me, Thos. NJ.
burns, Notary Public duly COM
mlss4oned and sworn, in and for the
Parish OF St. Tammany, State Of Low
lslana, therein residing, personally
c.ue and appeared the several pes
sons whose names are hereunto SUP
scrIOed, VINO declared mat aValllnS
themselves of the laws OF the Stale
or Louisiana, relative to the organi-
Zatlon OF corporations, they have
coVenanted and agreed, and by these
presents do covenant and agree, bind
and form and constitute themselves,
as well as such other persons who
may hereafter join or become asso-
clated with them, into corporation
and body polite in law, for the OBJ
lects and purposes, and under the
stipulations following, to-Wit:
ARTICLE /.
The name and style OF this cor
poration shall be the
..Covington Moss & Mattress Works,
Incorporated"
and under that name 1t shall have
and enjoy all rights and privileges
granted by law to corporations; 1t
snail exist for a period OF nlnety-nlne
years from this day; it shall have
power to contract, sue and be sued
III its corporate name; to make and
use corporate seal and the same to
alter at pleasure; to hold, receive,
purchase, convey. mortgage. hypothe-
cate or pledge. property. both real
and personal; to issue ponds, notes
and other obligations; to have and
employ such managers, directors, OF
Gicers, 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 or
the corporation as may be reasonable
and expedient.
ARTICLE II.
The domicile 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
ecretary-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 busi-
ness Of buying, ginning, selling and
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 a factory at Covington, La,
and such other places in this State
and elsewhere, and generally to do
and perform any and all acts and
things pertaining to the business
above enumerated, connected there
with or arising therefrom.
ARTICLE Nv.
The capital stock OF this Corpora
tioan is hereby fixed at the sum OF
Fifteen Thousand ($15, 5,OOO) Dollars.
divided into and represented by six
hundred (600) shares of the par
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 (36O shares Of the
capital stock Is subscribed and &C
tually paid for. ALI shares shall 0e
full paid and non-assessable, which
capital stock may be increased to i
sum not to exceed Twenty-Five Thou
sand ($25, 5,000) Dollars, at the pleas
ure Of the Board Of Directors, In
which event, during the period be-
tween the call for the meeting for
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 Dene-
fit Of the corporation, at not less
than their par value. No transfer
OF stock shall be made unless ten