St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1921-08-13

CORPORATION. All transfers Of stock
shall be made on the books of said
company, at it's office, on the sur
render of the certificate therefor.
ARTICLE w.
The corporate powers Of this c9f-
poration shall be vested in and eA-
ercised by a Board Of Directors.
which shall consist Of four Cd stock
holders, a majoriy OF, three 60 CT
whom shall constitute quorum for
the transaction of business. Said
Directors shall be elected annually
from among the stockholders on the
second Monday in January OF each
year, by commencing on the second
Monday in January, 1922, as pro
vided by law.
Within one week Of their election.
as above provided for. the Board OF
Directors shall elect from amsns
their number a President, Vice
President, a Secretary and Genera!
Manager and a Treasurer, provided
that one person may hold the office
Of both Secretary and General Man
ager, and all of said officers and di-
rectors shall hold their respective.
offices for a period Of one year from
the date Of their election, or unit.
their successors are elected AMI qttal-
| fled. But, the failure to hold an
annual election, or to elect the OF
ficers as above provided for, sha4l
not result in dissolution of this
corporation, but the then Board OF
Directors and officers shall hold their
offices until their successors are duly
elected and qualified.
| Any vacancies occurring in said
Board of Directors shall be filled by
the remaining members of the Boar
for the unexpired term, at meeting
called for that purpose after five (3'
days notice in writing, sent by mail
TO said Directors at their last known
residence.
The said Board Of Directors shall
have the power to make all bylaws,
Erules and regulations for the proper
management and conduct of the al
fairs of this corporation, and to
change, alter, abolish and amend
same at pleasure, and shall have and
exercise all the powers conferred by
law on this corporation, and as sci
forth generally above.
The said Board of Directors may
also de.egate any Of said powers IN
the transaction OF the business Of
this corporation to committees ot
their own body, or to officers and
agents Of this corporation
The first Board Of Directors OF this
corporation are hereby declared -
be: William Flicker, Covington, I:e1
j. G. Cappell, Covington, La, E. Il.
Barringer, Covington, La, and M. r.
Planche, Covington, La with j. G..
Capped as President; NJ. ?. blanche
as Vice-President; William Flicker az
secretary and General Manager, an>i
e. H. Barringec as Treasurer, who
shall hold their respective offices I'M
til the second Monday in January
1922, or until their successors are
elected and qualified.
ARTICLE v.
H. No stockholdersshal be held liable
or responsible for the contracts CT
faults OF this corporation in any fur
Their sum than the unpaid balance
due the company on shares Of stock
owned by him, nor shall any infor-
niality in the organization herein
have the effect OF rendering this
charter null, or of exposing any
stakeholder to any liability beyond
| the unpaid balance due on his stock.
ARTICLE V.
The appearers hereby declare that
they. have subscribed to the follow
ing number Of shares of the capital
stock Of this corporation, to-wit:
William Flicker, Covington, La,
3 shares, $4,000 90.
j. c. Capped, Covington, La,
shares, 100000.
E. H. Barringer, Covington, La,
shares, 100000
M. P. blanche, Cov1ngton, La, 3
shares, 100000.
Annexed hereto and read In con-
lnection herewith is list of certain
property and rights to be received by
this corporation in payment for the
| subscription Of William Flicker for
three CD shares Of the capital stock
Of this organization.
Thus done and passed In my office
in the Town Of Coyington, Parish Of
st. Tammany, State of Louisiana, on
the Sd day Of August, A. D /, 1921,
in the presence Of E. ]. Frederick and
G. Poole, competent witnesses, VINO
hereunder sign their names with the
said appearers, and me, Notary, after
due reading of the whole.
J. C. CAPPEL,
shares 100000
M P. blanche,
shares 100000
WILLIAM flicker,
shares 100000
E. H. BARRINGER,
shares 100000
Witnesses:
E. J. FREDERICK.
C. POOLE.
w. 2. BLOsSMAN,
au65t Notary Public.
SHEEP RAISING ON DRAINED
LANDS.
Continued from page II
cultivation for ONE time before a..
tempts are made to- pasture stock
upon them" When 1t is recalled