St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1921-09-03
poses, and under the stipulaticns
hereinafter get forth, to-Wit:
ARTICLE /

.
| hereinafter Get forth, toWit:
ARTICLE l.
The name and title Of this cor
/ pcration shall be
Coyington Paint Company, Inc,
and its dom Gle is hereby establish
| ed at Covington, St. Tammany Par
ish Louisiana; and under its cor
rc"ate name, said corporation shall.
have power and authority to cen
! tract, sue and be sued, to make and
| use a corporate seal, and the sam:
TO break and alter at pleasure; to
ho,d, receive, have, purchase, ln1-
| prove, ALLEVIATE. SELL borrow, pledge
mortgage and hypotnecate, under its
said corporate name, property, real.
personal and mixed; to name and APP
point such officers, directors, agents
and managers or employees as the
interests or convenience of said cor-
poration may require; to- make. and
establish bylaws, rules and regule,-
lions for the proper management and
regulation of it's affairs, as may be
deemed necessary and proper, and
the same to change and alter at
pleasure; and do all other acts and
things permitted by law, or as shall
be necessary and proper tc carry out
the objects and purposes ofsaid cor
poration.
Said corporation, unless sooner dis
solved, in accordance with it's cha:-
ter, shall exist and continue for a
period of ninety-nine years from and
after date hereof
ARTICLE II.
The objects and purposes for which
this corporation is organized, and
the nature of the business to be
carried on by it, are hereby declared
to be: To produce, manufacture,
buy and sell paints, dyes, inks ano
such other products as may be met
dental to connected with the oD-
grafton of it's business; to operate
advertising agencies; to run and op.
crate tram roads and other mean
of transportation; to own, buy and
sell real estate, such as may be nee.
essary to the operation CT its BUSH
ness; and in general to engage in any
| business incidental to or connected
With the operation of the business
above mentioned.
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at the sum oi
Twelve Thousand ($12,000) Dollars
| divided into twelve (12) shares Of
| the par value Of One Thousand
| ($1 ,O00) Dollars each, provided thai
the amount to which the capita
stock OF this corporation may be in
er ased shall be Thirty Thousane
10000 Dollars
| Which stock may be issued at MOI
less than par for cash, at the time
it is subscribed for, or at such time
as may be deemed proper by the
Board of Directors, provided tha
said stock shall be paid for in full
within twelve months after sam.
shall have been subscribed for, or il
payment or exchange for property G.
rights actually received or purchas
ed by said corporation, provided tina
all stock certificates shall be signet
by the President and Secretary c
said corporation and no stock shall
be issued unless the consideration
therefor has been received by -ais
corporations. All transfers Of stoc'
shall be made on the books of sal
company, at its office, on he sur
render Of the certificate therefor.
ARTICLE ".
The corporate powers Of this to1
poration shall be vested in and ea
ercised by a Board Of Directors
which shall consist of four (4) stock
holders, a majority Of three CD c
whom shall constitute a quorum TO
the transaction Of business. Sal
Directors shall be elected annual
from among the stockholders on til
second, Monday in January OF eac
! year, by commencing on the secon
Monday in January, 1922, as Pre-
vided by law.
Within one week Of their elect'O.
" as above provided for, the Board {
Y Directors shall elect. from anon
their number a President, Vice
President, a Secretary and Genar;
Manager and a Treasurer, provide
lthat one person may hold the Otto
of both Secretary and General MAJ
! ager, and all of said officers and G
directors shall hold their respectH
infFces for a period of one year fro
j the date Of their election, or INT
| their successors are elected AMI qua
: flied. But, the failure to hold q