The herald., 1911-08-10

ana DO by these presents covenant agre,
anu Dind themselves, as We'll as such othel
persons who may hereafter become assocf
ated with them or their successors to form
and constitute corporation or body pOliti,
In law, for the objects and purposes anG
| under the agreements and stipulations fol
| lowing, tO-wit:
ARTICLE I.
The name and style OF this corporation
shall be, f. 7. BEL RICE COMPANY. and
| by that name 1t shall have power and au-
th0rity to exist and enjoy succession for the
commencing on and to be computed from
and after the date and day hereof.
ARTICLE III.
The domicile of this corporation shall be
in the city of New Orleans state OF Iouisi-
ana. All citations and other legal process
t,o Ser'e o upon sne president OF said
Inability to act, upon the vice president: or
In the absence or inability of both the pres
ident ard yice-president to act, then upon
the secretary Of this company.
The president shall be the executive off
Ger of this corporation he shall preside at
meetings of the board of directors and stock
holders.
ARTICLE III.
The objects and purposes for which this
the business to be carried on by 1t are here
by declared to be as follows, to-wit:
To carry on general business as a dealer
in rice, its by-products and In all the agri-
cultural products and by-products Of this
state, and to these ends, to purchase, use
lease, rent, mortgage, pledge, buy, or SELL
or otherwise acquire any and all interests
and rights in and to any property real or
personal, which may be necessary, in the
opinion Of the board of directors, to the
carrying on and success Of the business, in
Guiding the milling Of rice.
And generally to do all things necessary
or convenient to properly conduct the busi- |
ness of this corporation.
ARTICLE ".
This corporation may sue and be sued In |
its corporate name; hold, have receive, |
purchase, convey, sell, mortgage, hypOthe
real, personal and mixed property; also Dor
row money, make and issue notes and
bonds; make contracts, receive grants Of
and or Of personal property; and make and
Use corporate seal, the same to alter and
Freak at pleasure; but the failure to have a
zeal shall not invalidate any of the acts or
proceedings of this corporation name and
appoint such managers, directors, officers,
Jerks and agents as the interest and con-
7enience of said corporation may require,
md through its board of directors make and
stablish such bylaws, rules and regula-
alton of the affairs Of said corporation as
nay be necessary, and the same to alter and
hange at pleasure, and shall possess all the
lights. powers and privileges to which cor
orations are or may be by any general law
r laws Of this state authorized and entitled
o possess. Said corporation may exercise
Is corporate powers within any other state
r territory in the United States. or foreign
ountry that shall permit the same. Il
ARTICLE v. =,
The capital stock Of this corporation is | :
ereby fixed at the sum of twenty thousand
$50, 000.00) dollars, represented by two
undred shares of one hundred (S100.00)
ollars each.
All stock subscribed for shall be payable
such times and on such terms and condi- !
ons as the board of directors may from
me to time fix and determine in each par
cular case. or by general resolution.
The board of directors may issue certifi-
ties OF paid-up stock In payment Of pro-
'rty or goods actually delivered to this cor 9.
)ration or for services actually rendered
1t, or for rights. privileges or franchises =
ansferred to It, the valuation in each in .
ance to be agreed to b. the board of d. >
ctors, which shall have full and final =
'wer to do So u
All transfers Of stock shall be made on u
e books OF the corporation and shall be
yned by the stakeholder or by his attor- 81
At ali elections by or meetings Of the n
Dckholders each share of stock, whether r
i'd for In full or not, shall be entitled to In
e vote. to be cast either by the person In M
hose name the stock appears on the books a.
this corporation at the time of the vot-
2, or by his agent or proxy, duly authoriz-
in writing to that effect. n
The company shall begin operation as
on as fifty shares Of the capital stock are
bscribed for or disposed Of. m
Dividends shall be declared on the amount ST
tually credited on the capital stock with II
{ regard to the amount subscribed for. Il
Said capital stock may be increased In Il
E manner provided for by the laws Of this d