Sugar planter. [volume] (West Baton Rouge [i.e. Port Allen, West Baton Rouge Parish, La.]) 1856-1925, 1856-05-17
ARTICLES OF ASSOCIATION:

aemic.fa in the city Of New or'aans,
AIT. :. The o'.ecs Of the associa ion IS directed
especially - the lease or purchase Of 3 lot Of gT0q4@,
AMI thv erection thereon Of suitable shed. are
houses ana platforms, railways, wuarTes, 'gs.
and constructions for the convenient storing sale
Of sugar and noIasses,
ART. 8. The Capital Stock q the said corporation
shall consist Of i've tEousaru tares, of Fifty lntars
each. fut tn. corporation shall 90 into operation
when three thpusanA shares sit4ll have been subcri6ed
Art. i The Capital Stock shall be paid upon the
call or demand 81 the Beard Of Directors; bat not
more than twenty per cent shall be called in At an
on. i'm. nor Within any enc period Of SIXTY days
AIT. i The business Of said corporation shall b"
managed BY a Board, consisting Of SIX Directoza, ~ho
shall De stockholders. vic shati eject one Of their o~u
body as President, who shall receive such e~oipPen&@.
fson f,r his =prviees a. the BEARD may deem proper
a7t e~xecstuz the sum IF onr thousand dollars. And
SAIL President and Directors shall hold their Office nm
ii their Successors shall have been elected, and have
entered uron their official duties.
AFT. 6. A all elections, each share of stock shall
enttle tie owner thereof To one vote, and he 1ay
vote By proxy. h=t uo stock shall be voted on r-@ess
9wneI in good faith, At least sixty days preceding the
time Of he election.
AIT :. When three Thousand shares 81 the Ca al-
| tai STOCK snail have been su bscribed. 40 election shah
be heIi b 5. 0. Nelson. N o. H, Norton. ). p Dane
90. ] 4, Eraud. Logan Mcknight or any three Of
| them who SHALL set = commissioners sor that purpose
AMI who SHAH give twenty days notice in one Or more
Of fbe rity papers OF said election before holding II
| All Subsequent elections shall be h~td by three 5"m
ri~szane-z. faho shall De Stockholders but not Direct
| ors J to ii. aPpo:atet by tire Directors. ana shat! be
| held va tac shi-d Monday Of January in each ana ave.
- rear. II zhieh election a majority Is the subscribed
=epcA ue-t 80 represented 70 elect hat i a majority
r. me sa1>~r5hs4 ssock should not he represented,
then an in that cast, anoHGer shall b. held on:tbe
Goa3ay fs.3on:az. At ~aich any number Of shares
| sefrpsrntsi shall constitute an elecllon.
AEr. ( u the cseat. from any causc- lie elce ion
| sho4hI na; he held a. the time hercin5efeFe provided
| then. ,aa in that case il may he held Al any sabse
qoeat TIM, after girtaE thirty days public notice in
cue or more Of tho newspa pers published In the city
Of New or1eaasf
AEr 3, 4 meeting Ct the stockholders shall be
ael4 annually, on the Saturday proceeding the third
Monday Al January, at which meeting it shall Be the
! a4tr Of the President and Secretary to MAKE q full
a9aa complete statement Of the affairs Of the corpora
len, under cath
AR 10. 1t shall be the duty Of the President to
call a meeting of the stcekhoidcrs at any time, upon
the written requisition Of any Number Of staekhold-
CTS owning. or representing by proxy, net s:ss than
one afsn Of the substituted capitai stock of this eorPo.
-atton: and the President and Secretary. If required
40 to de-, shall nska = report Of the stale Of the e
fairs Of the corporation under cath, to such meeting,
agr. H.. The Directors slsaiI elect a Secretary. whe
shah also act as Treasurer, who shall gite bond with
approved security. for the faithful performance Of bis
duties, ard shall receive such compensation for his
$rrvtres as she Board may from time 10 time Ak, and
may he realovod at their pleasure. They shah alse
appoint other officers, AMI employ such either tsborers
as from time 10 tins, IS they may think proper, and
remove them at their pleasure.
Arr. Il. Dividends shall b made on the first Mon.
daF of September, in each and every year, from the
nett profits realized = .m the business Of the prcee,
,ng year. O
ART. Is. Any tao Directors. together with the
President. sha1 form a quorum for The transaction q
business tnl il case Of the absence Of the President,
the Directors, being not less than three present, shall
appoint one of their number President pro tenn.
ART. Il. The said corporation shall have the right
10 make aud use 4 common seal. to sue and be suei
Ia purchase, hold, lease, and convey real OF persona
estate, and all citations upon the P esitent shall be
good and valid against the corporation.
AIT. -. The shares in this orporation shall be
regarded as personal estate, and shall he traasfera, lie
only on d book KEEP fer that purpose by the said cor
poration. which shall always be and remain IN the
possession Of the President, and By The surrender O.
tbe certificate Of stock: and 30 stockhoider shall be
Obliged to pay, or be responsible beyond the amount
Of his subscription lie shall be obliged to pay up the
acaount Of his whole subscription at such time and in
such g manner MS the President and Directors may
order, as horeinbcfere provided and if any s~tockholi
er shall thus fail !. pay, for thirty days after demand
they may forfeit his stock, and sell it again for she
benefit OF the corporation and when any stakeholder
shall have paid up his stock in full, he shall be emit
tied to a c~ertifc ate for the same, signed by the Presi
dent, aud eountersigned by the Secretary, and he ST al
be subject 10 20 further call, and shall not be liable
for any debt # the corporation all creditors mus
look to the corporate body for their demands.
ART. 1s. Tie duties and powers of the Board o
Directors are TO purchase or lease suitable lots 0
land, and cause to be erected upon the same, suitahl.
sheds, ware houses, platforms, railways, ans
wharTes, for the accommodation, storage or sale Of su
gar and nolasses, and to manage the same. To LEASE
the same, if they deem proper, Tor one or a term o
years. t. fix the rate of storage, charges and wharf
age, and the time during which produce may remain
for sale. To establish such bylaws, rules and regula
tions as they may deem proper, and not in contraven
ton Of the laws of she State, of the United States, OF
of the Municipal regulations, and generally to manage
the affairs of the corporation.
ART. II. This Charter shall continue for and du
ring the term of twenty-five years, unless sooner dis
l EulraA 49, raaottnr nf