St. Tammany farmer., 1920-12-25
CHARTER OF THE
"COVINGTON MOSS & MATTRESS
WORKS, INC"
United States of America, State OF
Louisiana, st. Tammany
Parish

Be it known that on this 1st day Of
December, 1920, before me, Thos. NJ.
Burns, a Notary Public duly COM
I4ssloned and sworn, in and Tor the
rarIsh OF St. Tammany. state or Lou-
lalana, therein residing, peroOnaHy
ellie and appeared Lue set erai per
.,Jns whose uauIeS dIe HeI euAto ouu-
aurlDeu, VINO declared tnaL aVaIlin5
themselves OF the laws OF the STA
OF LOUISIANA, relative TO the SrSanl-
Zatlon OF corporations, tney nave
cOVenanted and agreed, ana by these
presents do covenant and agree, DIM
and form and constitute themselves,
as well as such other persons VINO
may hereafter JOIN or become asso-
GATED with them, into a corporation
and BODY polltlc in law, tor the oo-
lects and purposes, ana under tLs
stipulatlons following, to-Wlt:
ARTICLE l.
The name and style OF this cor
poration shall be the.
..Covington Moss IL Mattress Works,
Incorporated,''
and under that name IL shall nave
ana enjoy all rights and privileges
granted Dy law 10 corporations, 1t
snail exist for period or nlnety-nlne
years from this day; 1t ShaA nave
power to contract, sue and De sued
III its corporate name; 10 make ana
use corporate seal and the same u
alter at pleasure; to mold, receive,
purchase, convey, mortgage, hypotne-
cafe or pleuge, property, DoLn real
ana personal; TO issue DonuS, notes
and otner ooAgatons; 10 nave ana
employ sucn managers, directors, OIL
ncers, AGENTS auu oLner employees as
tne luLeI sSLS and convenience OIL Salu
corporaLIon may require, 10 make
and ESTABLISH such bylaws, rules and
regulations Tor the proper manage
meuL auu control OF the analrs OF
the corporation as may be reasonable
and expedlent.
ARTICLE II.
The domIcAe OF said corporation
shall be at CoVlngton, Parish or ot.
Tammany, state Of Loulslane; all
citations and other legal process
shall be served on the President, ana
In his absence on the Vice-Presldent'
and in the absence OF Doth, on tne
aecret&ry-Treasurer.
ARTICLE III.
The objects and purposes Tor
which this corporation Is established,
and the na.ure OF the business 10 pe
carried on by it, are hereby declared
to be:
To carry on and conduct the buSl-
ness of buying, ginning, selling AM
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 anc
operate a factory at Covington, La,
and such other places III this otate
and elsewhere, and generally TO %
and perform any and all acts anu
things pertaining to the business
above enumerated, connected there
with or arising therefrom.
ARTICLE ~.
The capital stock of this corpopra-
tioan is hereby fixed at the sum ol
Fifteen Thousand ($15, ,OUo) Dollars,
divided into and represented by SIX
hundred (600) shares Of the par
value of Twenty-Five $3.50 Dollars
each, which shall be paid for in casa
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 shali
be common stock.
That this corporation shall De .
going concern when Three Hundred
and Sixty-seYen (367) shares OF the
capital stock is subscribed and ac-
tually paid for. All shares shall o3
full paid and worcestershire, when
capital stock may be increased to 4
sum not to exceed Twenty-Five Thou
sand (S25, ,000) Dollars, at the pleas
ure OF the Board Of Directors, Ill
which event, during the period De-
tween the cali for the meeting Tor
such increase and the meeting, the
persons holding stock at the tine
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