The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1909-01-16
CHAR I ER
OF THE
Babin Brothers, Limited.
United states of America State of Louisiana
Ascension Parish.

DE IT KNOWN and remembered that on this
II 30th day of December, one thousand nine
hundred and eight. before me, G.. ADOLPH
GONDRAN, a notary public duly commissioned
and qualified in and for the parish of Ascension,
state of Louisiana, therein residing, and IN the
presence of the witnesses hereinafter named and
undersigned, personally came and appeared the
several persons whose names are hereunto sub
scribed, who declared that, availlng themselves
of the provisions of the laws of the state of Louis
lana, as contained In Act No. 36 Of the general
assembly of sal | state, approved June %, 1888,
and Act No. IS of 1901, and other laws of said
state relative to the organization formation and
authorities conferredon corporations, they have
agreed and do hereby agree and bind and obll-
gate themselves as well as all such persons as
may become associated with them, and their
successors. to form and constitute a corporation
for the objects and purposes and under the con-
ditions and stipulations as contained and set
forth in the following articles to wit:
ARTICLE ONE.
The name and style Of said corporation shall
be THE BABIN BROTHERS, LIMITED !;
it shall exist and have and enjoy succession for
the full term and period of ninety -nine years
from the date hereof, and under Its corporate
name it shall have power and authority IN re-
speet to and as concerns its objects and purposes,
hereinafter stated, to acquire, ALLEVIATE, mort
gage lease, pledge and pawn movable and I'M
movables, real and personal and mixed property;
to contract to sue and be sued and generally to
have, enjoy and exercise any and all powers con-
ferred BY law on corporations, and shall have
=. ~ $50 ARTICLE TWO.
The domieile of this corporation shall be at
Belle Helene P. O., in the parish of Ascension,
and all citations and other legal process shall be
served on the president, and, in his absence on
the secretary and treasurer
ARTICLE THREE
The objects and purposes for which this cor
poration is formed and the nature of the bust
ness to be carried on by it are hereby declared to
be to purchase, or otherwise ACQUIRE, TO improve,
cultivate, lease, let. rent and dispose OF lands,
lots, buildings and plantations in the state of
Louisiana to engage in the business of planting
and raising sugar cane, corn. rice and any other
agricultural crops and products Of manufactQF
ing and refining sugars; OF buying and selling
sugar cane and other agricultural products: of
growing and ginning cotton; to engage In a
general merchandise business and to do ali
things necessary or incidental to the carrying
out of the above objects and purposes.
ARTICLE FOUR.
The capital stock Of this corporation is hereby
fixed at ten thousand dollars, represented by one
hundred shares of the par value of one hundred
dollars each, all of which shares have been paid
and subscribed for on the signing of this ACT,
once.
No stakeholder in this corporation shall ever
sell. or otherwise dispose of any share of stock
held by him until he shall have first offered to
sell the same, at the lowest price at which he
will sell to others to the stockholders, VI no shall
have the option of purchasing the same during
period of thirty days, after which time should
nc stockho1der purchase such shares of stock, /
the same may be otherwise disposed of by the /
holder thereof.
The secretary and treasurer shall be without /
power to legally transfer upon the books any
shares belonging 10 the present stockholders. /
ARTICLE FIVE.
All of the corporate powers of said corporation !
shall be vested IN and exercised by board Of