St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1921-01-08

tered to the remaining stockholders
who snail nave fifteen (l5) days in
which to purchase the same, and al
transfers to be binding upon the cor.
poratlon, and shall be recorded up
on its books.
ARTICLE V.
All OF the corporate powers Of this
corporation and the management and
control OF It's affairs shall be vested
IN and exercised by Board OF Di-
rectors, composed of not less than
| three or more tnan i've stockholders,
a tWo-thirds majority of whom shall
constitute quorum for the trans
action OF the business OF the corpora
ton. The Directors shall be elected
annually by ballot by the stockhoId-
ers on the first Monday OF January
OF each year. Each stockholders
shall be entitled in person or by
proxy to vote for every snare own
ed by him, and all elections shall be
held under such rules and regula-
lions as may be determined by the
Board of Directors; the Directors
thus elected shall continue in o1tlce
r. one year, or until their successors
nave been duly elected and quained.
NO failure to elect shall be regarded
as forfeiture Of this charter; any
vacancy occurring in said Board shall
be filed by the remaining Directors
for the unett1pired term. Es
The Board of Directors, shall, at
It's first meeting after it's election,
nominate out or it's number a Pres1-
dent, Vice-President and a Secra-
tary-Treasurer; said Board sna!l
nave the right to appoint and dis
MISS clerks, managers and Ouher en-
pioyees OF the corporation as the IA
tercstS and business OF same may 4u-
qu4te; any OF the Directors suai.
nave the right to appoint, by Wr1lt4u
instrument, anOJner directors as liz
proxy, TO act in his stead, at any ana
al meetings OF the board OF D4-
rectors.
ARTICLE vi.
Until the election Of officers to be
held the first Monday in January,
1921, the following named persons
shall constitute the first Board OF
Directors:
George H. Koepp, postoflce Ram
say, Louisiana,
John J. Posey, postofice Coving-
ton Louisiana, 4gasS-
Frederick l.. Alexander, postoflce
CoVington, Louisiana,
with George H. Koepp as president;
John J. Posey as vice-presldent, and
Frederick l.. Alexander as secretary
treasurer.
ARTICLE VII.
No stakeholder shall be liable or
responsible for the contracts, faults
and debts Of said corporation, nor
shall any mere informally in it's or
5anlzation have the effect Of render
ng this charter null or Of exposing
stockholder to any liability beyond
he unpaid balance due on the shares
'Wned by him.
ARTICLE VIII.
This Act Of Incorporation may be
hanged, modified or altered, or this
corporation may be dissolved with
ne assent of the stockholders, own
ng tWo-thlrds of the stock Of the
orporatlon, at a general meeting
onvened for that purpose, and after
t least fifteen (15) days written
office of the meeting having been
lVen through mail, addressed to
ach stokholder, at his last, known
lace of residence.
In case OF dissolution by the ex-
lratlon OF this charter, or otherwise,
1e stockholders shall elect two (2)
EDUCATORS from among their num-
er, to Hquidate and settle the bust
ess and affairs Of the corporation. i,
In case Of disability of any Of the /,
ald commissioners or liquidaators
1e survivors Or the remaining liqul- .
ators, shall appoint successor to
i'm. .as.#s@ zSS@.5
mus done and passed at my office
q the day, month and year first
bove written, in the presence Of
able BoudousQuie and Cecile War
N, competent witnesses, who have
gned with said appearers and me,
I'D Notary, after reading of the
hole. - III
Original signed:
George H. sKoepp, Ramsay, Lou
lana, $40 shares.
Frederick L. Alexander, Coving-
n, Louisiana, 81 shares, y
John J. Posey, Covington, Louisi-
Ia, 16 shares. 49,
Witnesses:
GABLE BoUDoUsQUIE. t.
CECILE WARREN. a
THOS. M. BURNS, b
Notary Public. t,
A true copy of the original. t
THOS. M. BURNS, tt
Notary Public. II
STATE OF LOUISIANA, ! D
Parish Of St. Tammany.
| certify that this instrument was y
ed for record Dec. l, 1920, at 10 a. "
), and recorded December 1, 1920,
Charter Book /. page 335, Of the 3
icial records. o.
GUY A. SMITH, d
:. Clerk of Court and Ex-Oficio ~
Recorder. d4-6t c
SUCCESSION NOTICE. Is
Succession Of Dewitt Lawler. So
No. 161. sd