The Thibodaux sentinel. (Thibodaux, La.) 1905-1912, 1910-05-07
CHARTER.
UNITED STATES OF AMERICA.
state Of Louisiana,
City of New Orleans.


BEFORE Me, JOHN JANVIER, a
Notary Public in and for the State and
Parish aforesaid, duly commissioned
and qualified, and in the presence of the
witnesses hereinafter named and un-
dersigned.
PERSONALLY CAME AND sAP-
FEARED
The parties whose names are hereunto
subscribed,
WHO DECLARED:
That availing themselves of the pro-
visions Of the Constitution and laws of
the State of Louisiana relative to the
formation Of corporations, they have
covenanted and agreed, and do by
these presents covenant and agree and
bind themselves, their successors and
assigns, ana such other person or per
sons as may hereafter become associated
with them, to form aud constitute d cor
poration and body polite in law for the
objects and purposes and under the
stipulations and conditions following.
to- wit:
ARTICLE T.
'fhe name of this corporation shall be
LIBBY & BLOUIN, LIMITED" and
under such name, it shall have and en-
Joy corporate existance and succession
FOR period Of n1nety-nin years from
the date Of this act With fun power in in
it's business, as hereinafter defined, to
contract, sue and be sued; to acquire,
lease use, hold, ALLEVIATE. mrrtgage,
pledge.-or otherwise cucumber prop
erty, movable or inlmovable, in or out
Of the State of Louisiana; to issue notes
bonds or other evidences ofindebtednass,
and to secure same by pledge, mortgage
or otherwise; to elect or fappoint such
directors, officers, managers, agents or
other employees as the interest or con-
Venience of its business mayaareGuire; to
make. amend or repeal sat pleasure such
bylaws, sruies or regulations touching
the management Of it's affairs or bust
ness for the exercise of it's powers as
may be necessary or convenient; to in
crease or decrease it's capital stock, and
generally for the purpose and objects OF
its business to exercise all the rights
and powers that may now or hereafter
be permitted by law. to corporations of
this character.
ARTICLE II.
The domicile of this corporation shall
be at Bnshgrove Plantation, near La
fourclIe Crossing, in the Parish OF La
fourche, in the State Of Louisiana, and
all citation or otler legal Agocess shall
be served upon The President and il
his absence, on the Vice-President, and,
upon the absence Of both, upon the
Secretary or Treasurer Of this corpora
ton.
ARTICLE III,
The objects and purposes for which
this corporation is established and the
nature Of the business to be carried Oh
by it are hereby declared to he; To own
or lease and operate plantations within
or without of the State of Louisiana for
the growing and cultivation of agricul-
tural products OF every nature whatso-
ever; to own or lease and operate sugar
mills and refineries and rice mills to
use in manufacture the By products OF
cane, rice and other agricultural pro-
ducts; 70 construct. acquire, own OF
lease and operate private Enes Of fa}l
road for the transportation OF lis pt"
ducts and merchandise, to own or least
and operate steam boats, tow boats am
bar..e lines ana warehouses T. store
property for hire; to purchase Al dea
in agricultural products and marchan
disaS; - make loans and advances u
planters and merchants; to dc . genera
com mission, factorage and mer"antil
business; to purchase or otherwise a
auire, own and sell the stocks and bond
Of other CORPORATIONS, and generally
do and perform anv and all acts an
things incidental pertinent or appfa
pirate to the powers herein enuiaevateti
ARTICLE ".
The eapital stock Of this corporate
is hereby fixed at Two Hundred AL
-Four Thousand Dollars S20t.saA, rep.
scented bv two thousand ahd foftSshar
ot tha par value 81 Sla3.0a each. Whe5
said stock shall he paid for IN lash. n
may be issua,l n payment . and
RIGHTS or property actually received b
this cofnoration.
All transfers ofIshares of the capifa-
sto.f, of His eor1utatinn shall be ente~
ea mon the S1oei. book, and no transfe
shall be in aav manner binding III
thiss corporation unless 1t Shall be :
entrred.
This corporation shall become a goin
concern and may commence hrsines
whan all Of It's capital stock shall hav
been subsnribed and paid for. oitha.
cash o. in property Of rights actual
received by this corp1ratioa-
ARTICLE Y
All the corporate powers of this 70
poration shall be vested in and *
else by Board of Directors, composa
Of three stockholders, majority "
whom shall constitute quorum il IL
transaction Of business said director
shall be elected at u general meeting
the stockholders of this corporation
be held on the on first Monday II: Fer
ruary in each year. unless SAID da%
shall he legal holiday, IN which even
said election shall be held on the mex
succeeding business day.
Notice Of saidseleetion and of all stock
holders meetings Shall be given to each
stakeholder by letter addressed to his
last known place Of residence and de-
Dosits in the mails of the United States
at least ten days prior to the date OF
said election Or meeting.
Said Board of Directors shall, at its |
first meeting, elect from its members
President. Vice President and Seer
tary, and said Board shall designate one
of it's officers to act in the further cap
anity of Treasurer of this cooperation.
Hvs oil fnr directors under
this charter shall be held and shall take
place on the first Monday in Feb. 1911, |
until which time, or until their sue
cessors shall have been duly elected ane
q ialifed. the following shall Constitute |
the first Board Of Directors, to-wit:
Louis a, BloHin, J. Walter Libby and |
TT. Generes nufaur. and the said Louis A. |
Blouin shat he Inc President, and the |
said J. Walter Libby shall be the Vice |
President and Treasurer, and the said
Ell. Generas nefour shall be Secretary OF |
this cor npration.
s'ile failuge for anv cause to elect dI- |
reetars "a the day stipulated shall not I
bays The effect Of aissolving this corpor- |
ats4y7. Int the officers and directors |
chen 4a office shall hold over until their |
s,ff.S...ss1rs sn,.ll have been duly elected |
Ia tae event of any failure |
/, t,f5l5f s9ia-4iaefiosi on the day stipulat- |
Ill herein tine tsfes iaant Of this corpo-
j tIn II shall }ittiSittt53y tt3t Sttt1 1Si '4ii
i ;lew eis..tina TO ~ held, aftaf notice as
hersinahove proFlaed for. ~ al cleo |
tions, and st all meetings OF stock
holders, each sIockholder shall be en-
titled to one vote for each share ofstock |
IN his name, ana nay vote in |
| arson or by proxy. All elections shall |
be by ballot.
The Board of Directors of this corpor- |
alton shall have full control over the |
property OF this CO.. and the conduct and |
infringement of its business and affairs, |
and shall exercise all of the corporate |
powers and functions without the neces- |
80, oe rafarrinp to the stocISho l6ers for |