Sugar planter. [volume] (West Baton Rouge [i.e. Port Allen, West Baton Rouge Parish, La.]) 1856-1925, 1858-01-23
CONSTITUTION OE THE
louisiana SUGAR MART
STATE OF LOUlSIANA A,
CITY OF NEW ORLEANS

Be it known, thar tnls udy: beiofe HE ii'''-
4Ryf BarToN CEsAs, Notary Public: IN and
for the parish of New Orleans, State Of Lou
;s;ana, duly commissioned and qualified, per-
soually came and appeared. the persons here
matter naned and undersigned, who severa'ly
declare, that they do by these presentsform
themselves into corporation, under auihorl-
tyof an act of the Legislature Of this State,
entitled iAn act for the organization Of cor
porations for works Of public Improvements
and utihtyt''1 NO 1917 Approved March
l4th, 1855 To which end they make and
agree to. the following, l.. ....:.:t =. @
ARTICLES OF ASSOCIATION:
Anr..l u The corporated name of the as
sociation TO be, the ts''LOUISIAN,A SUGAR
MARTtn and to have it's do1nicile in the
city Of New Orleans.
ART. q The object of the association is
directed especially to the lease or purchase
of lot OF ground. aad the erection thereon
of suitable sheds, or ware houses and plat;
forms railways, whasves, buildings, and con-
strnctions for the convenient storing and sale
Of sugar and nolasses.
Art. 8. The Capital Stock Of the said
corporation shall consist of five thousand
shares OF fifty dollars each. But this corpo-
ration shall 60 iuto operation when three
thousand shares shall have been subscribed.
ART. 4. The Ca pita| Stock shall be paid
upon the call Or demand of the Board oil hi
rectors; but not more than twenty per cent,
shall be called in at any one time, nor within
any one period of sixty days.
ART. s, The business of said corporation
shall be managed by Board consisting of
six Directors, who shall be stoc kholders, who
shall electone of their own body as Presi-
dent, who shall receive such compensation
for his services as the Board may deem prop
et, not exceeding the sum of one thousand
dollars. And said PRESIDENT and Directors
sha!lsholda their Office until their successors
shalla have been elected, and have entered
upoa thear official duties. 9
ART. {. AT all elections, each share of
stock shall lentitle the owner thereof to one
vote, and he may vote by proxy, b'st no
stock shall be voted on unless owned in good
faith, st least sixty days preceding the time
Of tie election. FEY
ART Art. I, When three thousand shares of
the Capital Stock shall have been subscribed,
AZ 3Fi election shall be held by S. 0. Nelson, M.
o,.H.2 Norton, j. D. Denegre, j. A. +Braud,
Logan Mcknight, Or any three Of them who
shall ACT as commissioners for that purpose,
and who shall give twenty days notice in one
or more Of the city papers of said election
before holding it, All subsequent elections
snaA Pc held by three Commissioners, (who
snail Be Stockholders, but not Dlrectors,) to
&C appointed blythe Directors, and shall. be
held On .the:zzthird Monday OF January, in
GAG q and every year; at which election a ma
jof'sy OF the subscribed stock must be repre-
sen.ed to elect, but if a majority of the sub
SeeflDea stock should not be represented, then
ana in that case, another shall be held On the
''''oaoay following, at which any number Of
s1a'es re epresented shall constitute an; elec-s
'1on.tS's sss.3g " ...= ..-' - -...,.
<,A.1'ss lnsthe event, from any cause, the
elee'ions Should not be held at the time h ere
a'aoeiorca provided, then, and in that case, If
.aay DC held' at any subsequent time, after
sai''S Gays public notice in one or
',o.e otsths Oh newspapers published IN the city
Of New Orleans. .,'aa '''0 10y =,
~, 1T - y. = meeting Of the stockholders
So e I hsla annually on the Saturday pre-
eseolng g !, gg.E. the third Monday Of January, at
81: sa meeting i shall be the duty Of the
siaesls W sna Secretary to make a full and
s''pseee statemens of the affairs of the cor or
l'o'ras|fion, 'fs| 'oa under cath. ss5 s S.'S'
~ shall be the duty Of the presi.. ST.
3 a.