The Thibodaux sentinel. (Thibodaux, La.) 1905-1912, 1910-04-30

REIT KNOWN, That on this 18th
dav of the month"; OF March, in the year
O. our Lord One Thousand nine hundred
and ten. and Of the Independence of the
I1nited states the One hundred and
'i' RfEr0RE ME, JOHN JANVIER, a
Nntary Pt,bIic in and for the State and
parish aforesaid, duly commissioned
and qualified, and in the presence of the
witnesses hereinafter named and I'M
PERSONALLY. CAME AND .AP-
FEARED
The parties whose names are hereunto
subscribed,
WHO DEGLa BED:
That ayailing themselves of the pro-
visions Of the Constitution and laws Of
the state of Louisiana relative to the
formation of corporations, they have
covonanted and agreed, and do by
these presents covenant and agree and
hind themselves, their successors and
assigns. and such other person or per-
sons a. NAV hereafter become associated
with them, to form aud constitute cor
poration and body polite in law for the
objects and purposes and under the
stipulations and conditions following,
to- wit:
The name Of this corporation shall be
IIBRY 81 BLOUIN, LIMITED," and
under such name. it shall have and en-
ioy corporate eEistance and succession
for a period of nlnety-nine years from
the date of this act, with full power i'll
the prosecution aud for the purpose OF
its business, as hereinafter defined, to
contract. sue and be sued; to acquire,
lease use, hold,1 ALLEVIATE. mrItgage,
pledge, or otherwise cucumber prop
erty, movable or inmovable, in or out
of the State of Loni siana; to issue notes
bonds or other evidences of Indebtedness,
and to secure same by pledge, mortgage
or otherwise; to elect or appoint such
directors, officers, managers, agents or
other employees Us the interest or con-
venience of It's business mayarequire; to
make amend or repeal sat pleasure such
bylaws, srules or regulatlona touching
the management of its affairs Or busl-
ness for the exercise OF its powers as
may be necessary or convenient; TO III,
generally for the purpose and objects OF
it's business to exercise all the rights
and powers that may now or hereafter
be permitted by law; to corporations OF
this character.
'N'> ARTICLE II.
The domicile of this corporation shall
be at Bushgrove Plantation, near La
fourche Crossing, in the Parish OF La,
fourche, in the State OF Louisiana, an q
he served upon the President aud III
his absence. on the Vice President. and.
upon the absence Of both, upon tht
Secretary or Treasurer of this corpora
ton.
ARTICLE III.
The objects and purposes for winch
this corporation is established and the
nature of the business to be carried on
by it are hereby declared to be; 10 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 refneries and rice mlIls 10
use in manufacture the by products OF
cane. rice and other agricultural pro-
duets: to construct, acquire, own or
lease and operate private lines OF rall-
road for the transportation OF Its pro
ducts and merchandise, to own or lease
and operate steamboats,, tow boats anu
barge lines and warehouses TO store
property for hire; to purchase an | deai
in AGRICULTURAL products and merchah-
discs. to make loans and advances to
planters and merchants; to do general
com mission, factorage and mercantile
business; to purchase or otherwise &C
ouire. own and sell the stocks and bonds
of other corporations, and generally 70
do and perform any and all acts ahc
things incidental, pertinent or appr9-
pirate to the powers herein enulherateat
ARTICLE ".
The capital stock of this corporation
Is hereby fiXed. at Two Hundred ana
Four Thousand Dollars fS20t ,eHo.l repre-
sented nv two thousand and forty shares
| of the par valuef Of $4,000 each, whlch
said stock shall be paid for IN cash. Or
may be issued 10 payment or anu i ,.,.
rights or property actually ieceise" -
| this corporation.
All iran fers Of shares of the capita
| stock of this corporation shall be enter,
| ad upon the stock book, and no transfer
| shall he in any manner binding upon
this corporation unless 1t snail De -
eDtrrea.
This corporation shall become a goin Z
! concern and may commence puslhes
when all of its capital stock shall nave
been subscribed and paid for, either ! 10
cash or in property or rights actnaii!'
| received by this corporation.
| ARTICLE v.
| All the corporate powers OF THIS cor
| poration shall be vested III ana eAsr
| Else hy Hoard Of Directors, compose
Of three stockholders, majority o.
| whom shall constitute quorum III IN
| transaction of business said directors
| shall be elected at - general meetliiS q
the stockholders of this corporation te
| be held on the on first Monday u. req
ruary in each year. unless sala Gay
shall be a legal holiday, ia which even
said election shall be feld on the mex
succeeding business day.
| Notice Of said.election and OF all stock
holders meetings shall be given 10 eaci
stakeholder by letter addressed TO hk
last known place of residence ana &c
posts in the mails of the United stare
at least ten days prior 10 the oate .
said election or meeting. !,
| g.; I'd of DIRECTORS snail. at its
first meeting. elect from its members
! President. Vice-President and Secre
tarv. and said Board shall designate ont
| If IL officers to act in the further cap
acity of Treasurer of this cooperation;
| THE first election for directors undel
this charter shall be held and shan take
nlaee on the first Monday in Feb, 1911
until which time, or until their sue
cessors shall have been duly elected anc
| qualified. the following shall constitute
the first Board of Directors, to-wlt:
| Louis A, Blouin, j. Walter LIBBY ane
| n. Generes Dufour, and the SAID Louis A
| Blouin shall feEune President, ana the
said j. Walter Libby shall De the wee
President and Treasurer, and the sale
RI. Generes Defour shall be Secretary oi
this eorporatior1- =,
| The failure for any cause to elect oil
| rectors on the day stipulated shall MOI
have the effect of dissolylng this eorpor
/ alton. but the officers ana dlrecboIs
then in office shall hold over until theil
successors shall have been duly elected
qualified. In the event of any failure
to hold said election on the day stipulat
ed herein, the President of this corpoo
ration shall Immediately thereafter cal
a new election to be held, after notice a.
hereinabove provided for. At all cleo
tions. and at all meetings of stock
holders, each stakeholder shall be en-
titled to one vote for each share ofstocF
registered in his name, and may vote II
nar son or by proxy. All elections shall
be By ballot.
- ARTICLE VI.
The Board of Directors of this corpor
| atinn shall have full control over tht