St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1920-08-07

such bylaws, rules and regulations
as the affairs of the corporation may
require and as it may deem necessary
for the conducting and management
thereof; provided the same shall not
conflict with this charter, or with
| the laws of the State or of the United
States.
The said board of directors shall
elect or appoint such other officers,
agents, employees, servants and clerks
as it may deem necessary for the
conudcting Of the business of the
corporation; fix their compensation.
terms of service, with the right to
| dismiss them at said boards pleas
] ure; and that said board shall have
the right to fix and determine the
! salaries of the several officers herein
! provided for.
ARTICLE vi.
This charter may be changed,
modified or amended, or this cor
poratjon may be dissolved, at a gem
| eral meeting of the stockholders
convened for the purpose, with the
| assent of tWo-thirds Of the entire
capital stock, whether present or
represented at such meeting, all rs
provided by Act 267 of the Legisla-
| ture of the State of Louisiana for
the year 1914.
Ten days prior notice of such
mn q q 81 "a oiu in 1of1
English newspaper published in the
Parish of St. Tammany.
In case of dissolution or termiaa-
ton of this corporation, either by
limitation Of its charter or from any
cause, the liquidation Of its affairs
shall be conducted by three commits
sioners selected from the stockhold-
ers, with like assent, and at a meet
ing called for that purpose, as above
set forth.
Said commissioners shall remain
in Office until the affairs Of said COR
poration shall have been fully uQui-
dated. In case Of the death Of one
or more Of said commissioners, the
survivor or survivors shall continue
to act.
ARTICLE VII.
| No stakeholder Of this corporation
shall ever be held liable or re-
sponsible for the contracts or faults
thereof, in any further sum than the
unpaid balance due the company On
the shares of stock subscribed for or
owned by him, nor shall any infor-
mal.ty in organization have the ef-
feet Of rendering this charter null.
or Of exposing stakeholder to any
liability beyond the unpaid balance,
if any, on his stock.
Thus done and passed at my Office
in the City of New Orleans, LOUISE
ana, on the day, month and year
first here .naboVe written, in the pres
ence of Salvador Schilleci and Fran
ces Eisler, competent witnesses, who
hereunto sign their names, together
with said appearers, and me, No
tary, after due reading Of the whole,
and the signers also declare that they
have affixed opposite their names the
number Of shares of stock respec-
lively subscribed for by them, and
that they declare this to be their
stock subscription list.
| (Names of subscribers and
amounts subscribed omitte1)
| Witnesses:
| S. SCHILLECI.
+. EISLER.
CHAS F. FLETCHINGER,
Notary Public.
CoVington, La, June Is, 1920.
l, the undersigned, ex-officio re-
corder of mortgages in and for the
Parish of St. Tammany, State of Lou
isiana, do hereby certify that the
above and foregoing Act of Incor-
poration of the Pontchartrain Ship
Yard, Inc, was this day duly record
ed in my office, in Charter Bood One,
Folio 290.
GUY A SMITH,
Chief Deputy Clerk and Ex-Officic
Recorder Of Mortgages.
A true copy.
CHAS. F. FLETCHINGER,
Notary Public.