The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-05-09
CHARTER
Or THE
YOkELY SUGAR COMPANY.
United States of America,
State of Louisiana,
l. n

BE IT KNOWN: That on this, the 10th, day
of April. A. D., 1908 before me, Charles Frank
BOrah, Notary Public. duly commissioned and
qualified within and for the Parish of ST. Mary,
| State OF Louisiana. and in presence of the wit
| nesses hereinafter named and undersigned,
personally came and appeared the persons whose
| names are hereuntO subscribed, all of the full
age. Of majority, who severally declared that,
availing themselves of the laws of this state
relative to the organization Of corporations, they
have aud by these presents do covenant and
agree for themselves, their successors and as
signs, and do hereby form themselves into a
corporation and body polite in law for the
objects and purposes and under the stipulations
following to-wit:
ARTICLE l.
The name and title of this corporation shall be
and is YOKELY SUGAR COMPANY and it shall
have and enjoy succession and existence for a
period Of ninety nine 1907 years from the date
hereof it shall have the power and authority to
contract to sue and be sued, and make and Use
corporate seal, and to break and alter same at
pleasure; to hold purchase, lease, sell mortgage
hypothecate or pledge property, real, personal
or mixed, necessary and proper for its business;
panies that may assist this corporation in its
purposes to make and issue notes and mortgages;
| to name, elect and appoint managers. directors
agents, overseers and clerks; and to make and
establish such bylaws, rules and regulations for
the management of the business and affairs of
this corporation as may be useful, necessary or
convenient.
The general manager of this company NAV be
an officer or stakeholder or he, as well as other
employees. may be . stranger to said company:
the salary OF all officers or manager to be fixed
by the Board of Directors.
ARTICLE II.
The dOmicile of this corporation shall be at
Franklin. Parish of St. Mary. louisiana where
al citations and other legal processes shall be
the President, upon the Vice. President or in the
absence of both. upon the Secretary of said com.
pany.
me objects and purposes for which this cor
pOratiOn is organized and the nature of the bnsi-
ness to be carried on by it are to manufacture
by products made from sugar cane to pur-
chase, build and erect a sugar house or
factory suitable for the manufacture of sugar or
tne MAKING OF syrup or other by-products. To
have power and authority to buy, sell and lease
real estate and cultivate the same, or to have
the same cultivated by lease or otherwise to buy
sugar cane from sugar cane growers to purchase
tank cars for shipping and removing said syrup
or receiving same. and if necessary to build and
operate railroads or tram roads or to transport
MEANS to connect with said factory or syrup
house, 1t shall also have the power to build nine
line to connect this factory or syrup house with
may desire for the purpose of Transporting the
syrup to have the same manufactured into sugar.
1t shall also have the power and authority to
otherwise prepare same for the market and sell |
and dispose OF same at wholesale or retail, In
fact, said company shall have power to do ali |
things and everything necessary to manufacture |
sugar cane into syrup and to cause same to be
manufactured into sugar by factory to be erected
BY itself or to have the same manufactured nv
other factories, and shall possess all incidental
powers to carry out these objects or to mann.
facture any other by. product from sugar cane
hat it may elect.
The capital stock of this corporation shall he
ind is hereby fixed at Seventy-Fiye TbonsanJ
Dollars N75: OOO COY, and shall be and is divided
INTO seven hundred and fifty l75O) shares of the
The full amount of each share of stock shall be
,ad for in cash or its equivalent in propertv of
abor At the time the stock 10 issued and deliver
until fully paid for as herein designated.
This company shall be considered IA fulIv
rganized and authorized to begin business "a
DON as Twenty Five Thousand Dollars Us, 900 oo9
the capital stock shall have been Subscribed
nd paid for.
ARTICLE v.
al me CORPORATE powers ct this corporation
nine (g directors, five (5) of whom shall con,
titute quorum for the transaction of business
even ct these directors shall be chosen at the
lgning OF this charter. from the stockholders
hen signing: the remaining two directors to be
elected by those seven whenever desired and
rom present stockholders Of from those who may
he full Board of Directors shall be elected
nnually from the stock holders of said comnanv
n. the ~ first 9ist Saturday in March. of each
|
)Oe, and shall hold their respective offices until
heir successors are elected and qualified,
All such elections shall be by ballot. and al
acn sa1cknolder shall be entitled to one vote
u eacn snare OF stock standing in his name .
the BOOKS OF the corporation which vote ii
1ali De cast In person or by proxy; and it n
,an require majority of the stock present
NO person shall be member of the Board
!, directors OF said company who is not the o,
,aa ana owner In his own right of four 81
lares OF the capital stock of said COMPANY 81
ANY vacancy occurring on the Board 81 ~
!rectors shall be filed by the remaining v,
ARTICLE vi. -
The failure to elect directors or officers Of -
~ given time shall not have the effect If ~
ssoi i, the corporation, but the encum- Sc
~ ~ uesectors or omcers SHALL in such event, Ii
~ ONCE until their successors are elected a.
ID qualified. ''ou al
All notices Of stockholders meetings shall m in
I ~ ~a.eeen notice given ten days in advance of
Pital STOCK or TO alter or amend the charter We
dissolve the cOrporatio which said notices IN
bS ye p 9lysc iGa fH u thirty days in writing
In the Town Of Franklin. p'n' p pu
:. ARTICLE VII. h ~.
ne ounces OF this corporation shall consist in
IresI0ens. vice President, q Secretarv sn
lreasurer: The Office Of Secretary and to-
"a same on ena per rs, Until the election to be
loving !. named persons shall constitute the so eo
ohm rs Kali nc.r!,, ne
'E'e' G,deo Robiehaux. Arthur Olivier no
IN D. Bell as President Arthur Olivier aS
;se-fTesldent; August Becnel as Secretary
Gideo Robichaux as Treasurer, DO
ARTICLE VIII. Ar
us cnarter may be amended, modified or Au
s 4 OF the corporation may be dissolved eli,
2 sne assent OF three fourths a. in amount ":
me stock present or represented at anv w;
eral or special meeting of the stockhoIS WI
TOT SUCH purpose after thirty days nrior Jol
ice in writing and in print shall have Paen Jos
IN IN 20 each stock holder or mailed to him
10 'as' Anown +: O., address. En-
, ARTICLE TX.
It be made On the Snr- y. tnis corporation Do