The Thibodaux sentinel. (Thibodaux, La.) 1905-1912, 1910-05-14

4
or otherwise; to elect Or appoint such
directors, officers, managers, agents OF
other employees as the interest or con.
venience Of its business may..require tc
make. amend or repeal AT pleasure such
| bylaws, Arules or regulations touching
| the management of its affairs or bust
| ness for the exercise of it's powers as
| may be necessary or convenient; to in
| crease or decrease its capital stock, and
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.
ARTICLE III.
The domicile of this corporation shall
be at Bushgrove Plantation, near La
fourche Crossing, in the Parish of La
all citation or other legal process shall
be served upon the President and in
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 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
cane, rice and other agricultural pro-
ducts; to construct, acquire, own or
lease and operate 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 tore
property for hire; to purchase an deal
discs to make loans and advances 70
planters and merchants; to do genera
com mission, factorage and mercantile
business; to purchase or otherwise ac
quire, own and sell the stocks and bond
of other corporations, and generally t
do and perform any and all acts. ans
things incidental, pertinent or appro-
pirate to the powers herein enumerated
ARTICLE w.
The capital stock Of this corporation
Is hereby fixed at Two Hundred .and
Four Thousand Dollars tS2Dt,0o0,) repre-,
sented by two thousand and forty shares
OF the par value of $4,000 each, which
said stock shall be paid for in cash. o.
may be issued in payment OF and fos
rights or property actually received b.
this corporation.
All transfers Of shares of the capita
stock of this corporation shall be enter
ed upon the stock book, and no transfe
shall he in any manner binding upoil
this corporation unless it shall be S
This corporation shall become goin:
concern and may commence bushes
when ali, OF its capital stock shall hay'
been subscribed aud paid for, either !;
cash or in property or rights actual
received by this corporation.
ARTICLE v.
All the corporate powers of this co.
poration shall be vested i'll and exef
else by Board of Directors, compose
whom shall constitute q quorum in tn
transaction of business3sai director,
shall be elected at Il general meeting o.
the stock holders of this corporation Il
be held on the OH frs, Monday II: Eel!
ruary in each year. unless said da.
shall be legal holiday, in which even |
said election shall be held on the next
business day.
4sotice of said..election and of all stock. |
holders meetings shall be given to each |
by letter addressed to hi |
asst known place of residence and de |
1usits in the mails Of the United State
i, least ten days prior to the date o
,aid election or meeting.
Said Bo trd of Directors shall, at it,
~
President, Vice-President and Seer
ary, and said Board shalidesignate one
Il its officers to act in the further cap |
pcitv of Treasurer of this corporation.
The first election for directors under
his charter shall be held and shall TAX
la ;e on the first Monday in Feb, 1911.
Until which time, or until their su
il.iitea, the following shall constituted
he first Board Of Directors, to-wit:(
Louis A, Blouin, j. Walter libby and
|. Generes Dufour, and the said Louis A.
,lo,,in shall~be the President, and the
aid j. Walter Libby shalIbe the Vice
resident and Treasurer, land the said
[. Generes Defour. shalt be Secretary Of
his corporation.
The failure for any cause to elect di-
ectors on the day stipulated shall not
ave the effect of dissolviny this corpor-
ton. but the officers and directors
len in office shall hold over until their
uccessors shall have beenduly elected
In the event Of any failure
, hold said election on the day stipulat-l
/ herein, the President of this corBe-
alton shall Immediately thereafter cal
Jew election to be held, after notice as
ereinabove provided for At all eiec-t
ous. and at all meetings of stock
olders, each stockhoider shall be en-
tied to one vote for each share of stock
egiStered in his name, ana may vote in :
erson or by proxy. All elections shall !
9 by ballot.
ARTICLE VI.
The Board of Directors OF this corpor-I
ton shall have full control over az
roper.y Of this Co, and tae conduct ans |
u its business assd d -.
I'D shall exercise all Of tie corporate
overs and fractions withons the nee.ss-
ty of referring to the stockholders Tor
1eir approval, authority or ratiiica tion
any matter or matters whatsoever, and
lch Board OF Directors. staali adopt such
y.laws, rules and regtils}aons for tins
Of the business OF this cor
grafton as it may deem proper, and it
law alter and amend same at pleasure.
ARTICLE VII.
This act of Incorporation may be-
hanged, mopifled or amended, and this
orporation may be dissolved by and
18th tfas- ~ saat of three: fourths OF the
,pitai stock present or represented at a
enerai meeting of stockholders called II
" that purpose. after written notice ad-
ressed to each stakeholder 81 his last
nown place OF residence and deposited
i the mails of the United States at least
ssaRAxs prior TO the date Of said rraas-