The herald., 1911-08-24
ARTICLE III.

The objects and purposes for which this
corporation is established and the nature OF
the business to be carried on by 1t are mere
by declared to be as follows, to-wit
To carry on a general business as a dealer
in rice, its by-products and in all the agrl-
cultural products and by-products or 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 tne
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 Ousl
ness Of this corporation.
ARTICLE ".
This corporation may sue and be sued In
its corporate name: hold, have, receive
purchase, convey, sell, mortgage, hypothe'
cate. pledge, lease and suitcase, and enjoy
real, personal and mixed property also Dor,
row money, make and issue notes ano
bonds: make contracts, receive grants OF
land or Of personal property and make and
use a corporate seal, the same to alter ano
break at pleasure but the failure TO nave a
seal shall not invalidate any of the acts OF
proceedings of this corporation name and
%aDpoint such managers, directors, omcerst
clerks and agents as the interest ana con
venience of said corporation may require
and through its board of directors make and
establish such bylaws, rules and regula'
tions for the proper management and regu'
Iation of the affairs OF said corporation az
NAV be necessary, and the same TO alter ano
change at pleasure, and shall possess al unt
rights. covers and privileges to which cor
Dorations are or may be by any general law
or laws of this state authorized and entltiec
to possess. Said corporation may exercise
IT'S corporate powers within aEy ctner state
or territory In the United States, or foreign
country that shall permit the same.
ARTICLE V.
The capital stock Of this corporation is
hereby fixed at the sum of twenty thousand
500 OO. O0) dollars, represented by two
hundred shares of one hundred (s1O0.00)
dollars each.
at such times and on such terms and condi
lions as the board Of directors a from
time to time fix and determine In each par
ticular case. or by general resolution.
The board Of directors may Issue certifl
Gates of paid-up stock In payment of pro
perty or goods actually delivered to this cor
poration or for services actually rendered
to it. or for rights. privileges or franchises
transferred to 1t, the valuation in each In
stance to be agreed to by the board OF di
~rectors, which shall have full and ina
All transfers of stock shall be made on
the books of the corporation and shall b
| signed by the stakeholder or by his attor
ney.
At ali elections by or meetings Of tn
stockholders each share OF stock. whethe
Maid for in full or not, shall be entitled I
one vote. to be east either by the person I
| whose name the stock appears on the book
Of this corporation at the time OF the vot
| ing. or BY his agent or proxy, duly authors
ed In writing to that effect.
The company shall begin operation a
soon as fifty shares of the capital stock ar
subscribed for or disposed OF.
Dividends shall be declared on the amour
actually credited on the capital stock witt
out regard to the amount subscribed for.
Said capital stock may be increased !
the manner provided for by the laws OF tn
state. whenever an increase Of said cap