The Thibodaux sentinel. (Thibodaux, La.) 1905-1912, 1910-04-16
CHAR TER.
UNITED STATES pr AMERICA,
STATE of Louisiana,
City efNew Orleans.

| ~AA0
thirty-fuurth.
BEFORE ME-, JOHN JANv1ER.
Notary Public in and for the State an,
Parish aforesaid, duly commissions,
4 and qualified, and in the presence of tn
witnesses hereinafter named and ,un
dersigned.
Personally CAME AND SAP
| FEARED
The parties whose names are hereuntt
| subscribed,
! WHO DECLARED:
That availing themselves Of the pro.
visions of the Constitution and laws o,
| the State of Louisiana relative to the
formation of corporations, they have
covenanted and agreed, and do by
bind themselves, their successors and
assigns, and such other person or per.
sons as may 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:
ARTICLEI.
The name Of this corporation shau be
LIBBY d BLOUIN, LIMITED" and
under such name, itshall have and en-
JOY corporate existance and succession
for period of ninety-nine years from
the date of this act, with full power in
the prosecution and for the purpose OF
its business, as hereinafter Defined. to
lease use, hold, ALLEVIATE. mrrtgage,
pledge, or otherwise cucumber prop
erty, movable or immovable, in or out
of the State of Louisiana; to issue notes
bonds or other evidences ofindebtedness,
and to secure same by pledge, mortgage
or otherwise; to elect or appoint such
directors, officers, managers, agents or
nfb N1or 1 l,0 int ~.
venience Of its business may.require; to
make. amend or repeal at pleasure such
bylaws, :rules or regulationa touching
the management of its affairs or bust
ness for the exercise of its powers as
may be necessary or convenient; to in
crease or decrease its capital stock, and
generally for the purpose and objects of
its business to exercise all the~rights
and powers that may now or hereafter
this characters
ARTICLE H..
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, and
all citation or other legal process shall
be served upon the President and in
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 on
by it are hereby declared to be; 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; to construct, acquire, own or
lease andEoperate private lines OF rail
road for the transportation of its pro-
ducts and merchandise, to own or lease
and operate steam boats, tow boats and
barge lines and warehouses to store
property for hire; to purchase an I deal
In agricultural products and merchan-
discs; to make loans and advances to
planters and merchants; to do a general |
com mission, factorage and mercantile |
business; to purchase or otherwise &C
1uire, own and sell the stocks and bonds
If other corporations, and generally to
10 and perform any and all acts and
things incidental, pertinent or appro-
oriate to the powers herein enumerated.
ARTICLE ".
The capital stock of this corporation
s hereby fixed at Two Hundred ana
four Thousand Dollars ($204 ,O00,) repre-
ented by two thousand and forty shares
# the par value Of $4,000 each, which
aid stock shall be paid for in cash, or
nav be issued In payment OF and for
lights or property actually received by
his corporation. II
All transfers Of shares of the capital
took of this corporation shall be enter
d upon the stock book, and no transfer
hall he in any manner binding upon
his CORPORATION unless it shall be so
ntrred.
This corporation shall become a going
oncern and may commence business
vhen all of it's capital stock shall have
zen subscribed and paid for, either in
ash or in property or rights actually
eceived By this corporation.
All the corporate powers Of this cor
oration shall be vested i'll and exer.
ise by q Board Of Directors, composed
t three stockholders, a majority OF
7hom shall constitute quorum in the
transaction of business said directors
hall be elected at o general meeting OF
he stockholders Of this corporation to
Q held on the on first Monday IL Feb
uary in each year. unless said day
hall be a legal holiday, in which event
aid election shall be held on the next
ucceeding business day.
Notice Of said:election and of all stock
oldefs meetings shall be given to each
tockholder by letter addressed to his
LIST known place of residence and de-
osits in the mails of the United States
t least ten days prior to the date OF
aid election or meeting. II
Said Board Of Directors shall, at its
rst NEE ting, elect from its members
resident, q Vice-President and Secre-
.ry. and said Board shall designate one !;
[ its officers to act in the further cap
city Of Treasurer of this corporation;
The first election for directors under {
lis charter shall be held and shall take
lace on the first Monday in Feb, 1911,
ntil which time, or until their sue
,ssors shall have been duly elected and
ualified, the following shall constituted
le fret Board Of Directors, to-wit: II
Louis A, Blouin, j. Walter Libby and
:. Generes Dufour, and the said Louis A. !;
louin shall be the President, and the
i'd J. Walter Libby shall be the Vice. c
resident and Treasurer, and the said Z
!. Generes Defour shall be Secretary of !.
ri e failure for any cause to elect di- 4
ctors on the day stipulated shall not
ave the effect Of dissolying this corpor-
ion, but the officers and directors 5
len in office shall hold over until their
Iccessors shall have been duly elected
hold said election on the day stipulat- h
herein, the President of this corpo- =
ton shall Immediately thereafter call L
new election to be held, after notice as
,reinabove provided for. At all cleo =,
ons,I and at all meetings Of stock u
,lders, each stakeholder shall be en- [
He'd to one vote Wr each share ofistock 4
gistered in his name, and may vote in y
'rson or by proxy. All elections shall :
ARTICLE WI.
The Board of Directors Of this corpor- L
ion shall have full control over the
operty Of this Co, and the conduct and 4
Of its business and affairs, y.
al shall exercise all Of the corporate
wers and functions without the neces- n
y Of referring TO the stockholders for :,