Sugar planter. [volume] (West Baton Rouge [i.e. Port Allen, West Baton Rouge Parish, La.]) 1856-1925, 1858-03-06

s~ona)ly car,1e and appeared the Iefsofs here
i,affe, ,,arI,pd and 1irderai4fe Wllo seHerally
declare. that tacy do by these presents torn
themselves into q corpnxat ian, under ansioFl-
* If an act Of the Legislature # this state,
entitled "Anact for the organization o. cor
poratior1r for works Of public improvements
and utility" nc. 1917 Approved iHhF'f,
1ath. 1855. To which end they make ami
agree to the following
ARTICLES OF ASSOCIATION u
Agr. l.. The ]corporated name OF the az
| so~eiat;on 10 be the 'I.DUiSIANA SUGAR
NART.n aud to have it's dena3clse Ia the
city of New Orleans.
6rf,2 6. The object of Inc association is
dirac!ed especially TO the lease or purchase
of 4 lot of ground, Il ID the erection thereon
uf Suitable sheds. or warehouses and plat
! forms. railways. *sftarses, buildings, ana cott-
strnrtious for the convenient storing and sale
Of sugar and moIasses. s
Asy. 3. The Capital Stick Of the said
corpnrati,u shall consist Of FIVE t~Aonsand
shares. OF fifty dollars each. But this corFo-
rat.on shall 20 into operation when thEee
thntsp nd shares shall have been subscribed.
ART. i. Tic Canjtal Stock shall be paid
anon the call OF demand Of tte HaaEd III Di-
~rectors hut s,ot more than twenty per cent,
shall be called in ii any enc tinae, nor within
any one period OF sixty days,
Arr. &. The business Of said corporation
shall BE- managed By q Beard, consisting o:
six Directors, who shatl be stockholders. who
shall elect one ui their own body as presl-
dent, who snail sacei ~ such compensation
for his services as the baafd may deem prep
or, not exceeding the sum .nf one Thousand
dollars. And said Tresident and Directors
shall h,Ih their Office until their successors
shall have beer, elected, ard have entered
upon their official dutles.
ART. &. ~ ai elections. each share Of
stock shall ~entitie the ewner thereof 10 one
vote. and he nsav vote by proxy, but no
stork shall 5s voted on unless owned in good
f. Itll, al least sixty days preceding fhs time
of the ~electlon.
AHr. 7. When three thousand Esharas a.
the CapitaI Stock shall have been subscribed.
al, election shall Le held by s. @. Nelaotl, NJ
o. II. Norton, ] u. Denegre- }. A.~BIaud
Logan Mcknight, or any THREE Of them who
stali. act as commissioners for that E~ElrItos,..
and WHO shall give twenty days notice II one
or more Of the city papess 81 said election
before holding It. All Subsequent elections
shall BE- held by three Commissioners, {wtse.
hsati be StockhoIters, but rot Dsreet9Ea-l to-
be appointed by the directors, and shall he.
held on the third Monday Of January, IL
each and every year at which election 4 sna-@
iofitv q the subscribed stock must BE- repre-
sensed to elect, but If a majority oi the Sub
scr ped stock should NOT b: represented. then
and in that case, another shall be held on ttse
Monday following, at which any humber Of
shares re,,res4ated shall constitute al. eIec~
tom.
AIRS In tie event, from any cause, tie
r~iertion should nos he held at the titDe here
.nbetorc provided, then, aud IN that case,ss
may be held at any subsequent time, uftes
giving thirty days public notice IN one or
more Of tn newspapers published In the city
OF New Orleans.
Akr. .. a meeting Of the Stockholders
shall lie held annually, On the Saturday pre-
rceding tbe third Monday Of January, st
winch meeting it shall be tie duty Of the
President ata Secretary To make d full and
complete Statements OF the affairs Of the cor
porat!cn, under oath.
ART. 10. ltshaii be- the duty Of the Presi-
def1t to call a meeting Of the Stockholders Ut
any time. upon the written reaals.taon ofauy
number Of Stockholders, owning. Or repre-
seutIng BY proxy. raf less than ore fifth Of
the stti3scfi6el Capital Stock Of this cgfy,or-
alton; asd the President and Secretary, il
rpju.s+d So to do, shall sllasse a report Of the
stale Of the affairs Of the Corporation ugsier
oath, 10 such meeting,
ART. II The Directors she'll efcc+a See
Rotary, who shall also act a& Treasurer, WING
shalt give bond with approved security, fer
the ~'aitift1l Performance OF his duties; ana
shall receive such compensation for h~.s,ser~
vices as the Board may from time to time
fix, and may be removed at their PLEASURE
They shall also appoint other officers, and
such ether Iaborers as fioy1 time il
time. they may think proper, und remove
them at their pleasure.
Arr. r.. Dividends shall be made or the
first. monday Of September, in each and lsv"ry
year, from the nett profits realized troia the |
business Of the proceeding yeaE.
Ant. 70, Any two Directors, together
with the President, shall form & quorum for
the transaction oil business, and in case Of the
absence ottne President, the Directors. being |
less than three present, shall appoint one |
OF their number President prp I'm,
ART. ID. The said corporation shall have t
the right tn make and use a common seal, I'd
sue and be sued; to purchase, hold, lease. and |
S"iS0y t1atoi pE4sOita4 eState: ana ali cftd-
tions upon the President shall be good and |
valid against the corporations.
AHr. Is. The shares in this corporation |
shall be regarded AZ pc rsonal esta q. and shall |
be transferable only on a hook KEEP for that |
BY the said corporation, which shall
be and remain, in the possession Of the |
President, and BY the surrender Of the certi-
ilcate Of stock; and no stakeholder shall be |
Obliged to pay, OF be responsible beyond the
amount Of his subscription. He shalt be |
obliged to pay up the amount Of his whole
subscription at suclftirne and in such q man
ner as the President and Directors NAV order,
az i,ere5abetore provided and if any stock
holder shall th'is fail to pay. for thirty daqs