The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1910-02-26

-OF-
The Alma Planting Company. Limited
United States of America,
State of Louisiana,
Parish of st. Mary.
BE 1T KNOWN: that on this seventeenth
day of January, A. D., 1910. before me
Henry Mayer, Notary Public. duly com
missiOned and qualified. within and fOl
the Parish Of st. Mary, State of Louisiana
In presence of the witnesses hereinafter
named and undersigned, personally APP.
peared the persons, whose names are here.
unto subscribed, all of the full age Of ma
jOrity, who severally declared that. avail.
ing themselves of the laws of this state re-
latiye to the organization Of corporations
they have, and by these presents. dc
covenant and agree, for themselves, tbeiI
successors and assigns, and do hereby
form themselves into a corporation and
body polite, for the Purposes and obliga-
lions and under the stipulations, articles
and conditions, following, to-wit:
ARTICLE l.
The name and style of this corporation
shall be and is 1.-THE ALMA PLANTING
COMPANY. LIMITED" and it shall have
and enjoy succession and existence for a
period of ninety nine years from the date
hereof. 1t shall have power and authority
to contract, to sue and be sued, TO make
and use corporate seal and to break and
alter the same at pleasure; to hold, pur-
chase, loan, sell, mortgage. hypothecate OF
pledge property, real, personal or mixed,
necessary and proper TOR its business; to
make and issue notes, bonds and other
obligations; to name, elect and appoint
such officers, directors, agents, managers
and employees as the interests or con-
yenience of said corporation may require; to
4 l. - nab NV Ian, nix md
regulations for the proper management
and re gulati0n of its business and affairs
as may be deemed necessary and proper,
and to do all other acts and things permit
ted bv law, or as shall or may be necessary
and proper to carry out the objects and
purposes Of such corporation.
ARTICLE II.
The domicile Of this corporation shall be
in the Parish of st. Mary, State of Louis
process shall be served on the Secretary
Treasurer, and in his absence on the
President. and in the absence of both on
the Vice. President.
49, ARTICLE III.
The objects and purposes for which this
CORPORATION is formed and organized, and
the nature of the business to be carried on
by it are declared to be the following, to-
Wit: To operate sugar plantations, plant,
cane, corn and other plantation products;
to buy and sell cane and in fact to do all
acts and things in connection with and
pertaining to the Planting business.
ARTICLE ~.
The Capital Stock of this corporation
shall be, and Is hereby fixed at twelve
Thousand ISL, Zoo. OO) Dollars, divided into
sixty COY shares of the par value OF Two
Hundred ($2OO.OO) Dollars each; which
81 ho mold for in cash n G lied for
by the Board of. Directors of said Com
pany. or may be issued at not less than par
in payment of property actually received
or purchased by said corporations or the
sane may be issued fully paid for labor
done or money advanced to said corpora
ton. No transfer Of stock shall be re>
cognized or be binding upon the Company
unless made pursuant to its bylaws and
recorded upon the books of the Company.
This corporation shall commence doing
business as soon as Three Thousand
($3, COO. OO) Dollars of the stock shall have
been subscribed for and paid in.
ARTICLE v.
All the corporate powers of this corpora
ton shall be vested in Board OF Directors
to be composed Of three (3) stockholders,
two of whOm shall constitute quorum for
the transaction of corporate business. and
their decisions shall be valid corporate
acts. Any of the Directors shall have the
right to appoint another stakeholder as
his proxy to attend any and all meetings
Of said Board Of Directors.
They shall elect from their number a
President, q Vice President. Secretary
and Treasurer. The Offices of Secretary
The following named persons shall con
stitute the first Board of Directors: Miss
Jeanne Rode, Charles F. Rode, Jr., and
DR., G. E. TrOsclair. Miss Jeanne Rode
shall be President, Mrs. F. c. Rode, Vice.
President and DR.. g. E. Trosclair, Sec
rotary and Treasurer.
The present Board of Directors and other
officers shall hold office until the frs:
" ednesday in January, 1911, or until their
successors shall have been duly elected.
No person shall be eligible as director
or officer who is not stakeholder Of this
Thy board Of Directors shall elect its
officers, and shall appoint such agents and
as may be necessary, and shall
Tx their compensation.
Until the election on the first Wednes-
day In January, 1911, DR.. &. E. Trosclair,
the Secretary Treasurer, shall be the Gen.
eral Manager Of the above company and
ito properties and belongings, and shall |
have supervision Of everything; be shall |
have power and authority to borrow |
money. issue notes. execute mortgages, |
draw checks, pledge and pawn crops, con- |
tract debts, hire and discharge overseers.
Jerks, laborers and etc. He shall give an
account monthly, Of all monies borrowed
ma spent, to the Board Of Directors, in
writing. He shall have the power and
authority to make all contracts for max
NJ and selling Of the crops.
The Board Of Directors shall make all
,y.laws, rules and regulations for the
proper government Of the business an af-