The Thibodaux sentinel. (Thibodaux, La.) 1905-1912, 1910-03-26
CHARTER.
UNITED STATES OF AMERICA,
State Of Louisiana,
City OF New Orleans.

City OF New Orleans.
RET KNOWN, That on this 18th
day Of the month Of March, in the year
Of our Lord One Thousand nine hundred
and ten. and Of the Independence Of the
United States the One hundred and
'h REFoRE NE, JOHN JANv1EK, d
Notary Public in and for the State and
Parish aforesaid, duly commissioned
and qualified, and in the presence of the
witnesses hereinafter named and .uA-
PERSONALITY CAME AND 'AP-
FEARED
The parties whose names are hereunto
subscribed
WHO DECLARED:
That availing themselves Of the pro
Visions of tho Constitution and laws OF
the State of Louisiana relative to the
formation Of corporations, they have
coyenanted and agreed, and do by
these presents covenant ana agree ana
assigns, and such other person or PEI.
sons as NAV hereafter become associated
with them. to form aud constitute cor
poration and body petite in law for the
objects and purposes and under the
stipulations and conditions following,
TO- wit:
ARTICLE I.
The name of this corporation shall be
LIBBY Il BLOUIN, LIMITED," and
under such name, 1t shall have and en-
low corporate existance and succession
for period of nlnety-nine years from
the date of this act, with full power III
the prosecution and for the purpose oI
its business, as hereinafter deHneu, W
contract, sue and be sued; 20 acquire,
lease use, hold. ALLEVIATE. mrrtgage,
pledge, or otherwise cucumber prop
erty, movable or immovable, IN or ouI
of the State OF Louisiana; to issue notes
bonds or othereyidences ofindebtedness,
and to secure same by pledge, mortgage
or otherwise; to elect or appoint sucn
directors. officers, MANAGERS, aeents VI
other employees as the interest OF con
yenience of its business maysfequlre; TO
make. amend or repeal ssat pleasure such
bylaws. srulcs or regulat oaa lcuchlns
the management OF IT'S AFFAIRS or busl-
ness for the exercise OF Its powers as
may be necessary or convenlent; 70 IL
crease or decrease its capital stock, ahu
generally for the purpose ana oo)ects Oh
its business to exercise all the rights
be permitted by law. to corporations OF
this cha'aete ARTICLE II. -. -: s.:='E'
The dom1cile OF this corporation shall
be at Bushgrove Plantation, near La
fourche Crossing, in the Parish OF La
fourche, in the State Of Louisiana. ana
all citation or other legal process snail
he served upon the President and in
his absence, on the Vice-President, ana,
upon the absence of both, upon f!'t
Secret ry or Treasurer of this corpora
Iion.
ARTICLE III.
The objects and purposes Tor WnIeh
this corporation is established ana the
nature of the business to be carried ON
by it are hereby declared to he; To own
or lease and operate plantations within
or without OF the State of Louisiana Tor
the growing and cultivation OF agrlcul-
tural products of every nature whatso
ever; to own or lease ana operate sugar
mills and re1neries and rice mills 60
use in Manufacture the by produets OF
cane. rice and other agricultural pro
ducts. to construct. acquire, own ..
lease and operate private lines or rail
road for the transportation OF its pro-
ducts and mcrchandise, to own or lease
and operate steamboats,, tow boats ana
barge lines and warehouses to stor'
property for hire; to purchase an dea
in AGRICULTURAL products and merchah
discs: to make loans and advances Il
planters and merchants; to do genera
mmission, factorage and mercantile
business; topurchase or otherwise ac-
uuire. own and sell the stocks and bonds |
Of other corporations, and generally to
do and perform any and ali acts and
things incidental, pertinent or appro-
pirate to the po pTTsI hsr9 EN- enumerated
The capital stock Of this corporation
is hereby fixed at Two Hundred aud
-Four Thousand Dollars 1924 ,a00.) repre-
sented by two thousand and forty shares
If the par value of $4,000 each. which
raid stock shall be paid for In cash, o.
NAV be issued in payment OF ana ior
rights or property actually received oF
this corporation.
All transfers of shares of the capital
stock Of this corporation shall be enter
81 unon the stock book, and no transfer
.hell he in any manner binding upofs
this corporation unless it shall be 50
entfred.
This corporal on shall become going
concern and may commence buslnes
when ell of it's capital stock shall have
been subscribed and paid for. either IN
cash or In property or rights actually
received by this corporation.
ARTICLE v.
All the corporate powers OF this cor
,oration shall be vested III ana exer
'.ise by Board s. Directors, composer
whom shall constitute q quorum IN tht
transaction OF business said directort
shall be elected at n general meeting O.
the stockholders of this corporation &c
be held on the on first Monday ~ Fen
ruarv in each year. unless said ga.
shall he legal holiday, in which even,
said election shall be feId on the mex
succeeding business day.
Notice OF safd:election and of all stoc! :
holders meetings shall be given TO eacf
:tockholder by letter add4essed to his
last known place of residence and de-
oosits in the mails of the United state,
vt least ten days prior to the GATE o
said election or meeting. ;,
Said Board of Directors shall, at IL
irst meeting, elect TO n members
President, Vice President and Secre
t:ry, and said Board shall designate onc
of its officers to act In the further cap
acity Of Treasurer Of this corporation;
The first election for directors under
this charter shall be held and shall TAKE
pla;e on the first Monday In feo, lslI
until which time, or until their sue
cessors shall have been duly elected and
qualified. the following shall constitute
| the fret Board Of Directors, to-wit:
Louis A, Blouin, j. Walter Libby and
H, Generes Dufour, and the said Louis A.
Blouin shall be the President, and the
said J. Walter Libby shall be the wee
President and Treasurer, and the said
Fl. Generes Defour shall be Secretary OF
this corporation. :.
The failure for any cause to elect di-
rectors on the day stipulated shall not
have the effect Of dissolving this corpor-
alton, but the officers and directors
then in Office shall hold over until their
successors sla all have been duly elected
qualified. In the event of any failure
to hold said election on the day stipsilat-
cd herein, the President Of this corpo-
ra lion shall Immediately thereafter call
q new election to be held, after notice as
hareinabove provided for. At all cleo
tiors,' and at all meetings Of stock
holders, eaci, stockholder shall be en-
titled to one vote for each share of stock
registered in his name, and may vote in
/ 1900, -. I-r s,rnxw AL Galatians SINH