The herald., 1912-12-19

the conversion OF products, raised, gathered
or acquired, by the corporation, into goods
II wares and commodities, and the sale OF such
products, either as raw material or In the
manufactured state; the maintenance and
operation of steamers and other vessels, or
i vehicles for carrying the product and prop
Ecrty of said corporation and other freight
I and passengers; to buy, SELL lease and IN
| any way operate plantations or tracts Of
4 land TO cause the same to be cultivated' IN
| sugar cane. rice, cotton and other products
| TO manufacture and convert the products
/ thereof into such goods and commodities as
l it may deem proper; TO conduct and carry
| on manufactures Of such mates al and com
mOdites: to establish stores and mercan-
tile houses for the sale of the same and
| other goods, wares and merchandise; 10
construct, buy, lease, operate and hold
| steamers and other vessels for carrying the
| products and property of said corporation,
| and generally for the transportation OF
| freight and passengers; and TO construct,
work. maintain and operate railroads, tcle-
I graph and telephone lines in connection
| Herewith, canals, plank-roadS, bridges,
| fences and other works of public improve
ment.
ARTICLE ".
The capital stock Of this corporation Is
| hereby fixed at the sum of one hundred
thousand $500. 100000 dollars divided into,
| and represented by one thousand tl,OOOl
| shares of the par value OF one hundred
! ISlO0.OOD dollars each. Said shares of
| stock shall be issued only at par and when
| issued shall be paid for in cash or prop
| erty, or in the equivalent thereof. All
| shares Of stock shall he issued as full paid
| and worcestershire, and no transfer Of said
stock shall be binding on said corporation,
unless recorded on its books.
No holder of stock in this corporation
| shall sell his stock to any person until he
has first offered It to the board of directors
| of said corporation at its then book value.
and II shall be optional for this corpora
| ton TO refuse TO recognize any transfer of
| stock made in violation of this provision
This corporation shall be a going con
Germ as soon as fifty thousand (S50,000)
dollars Of its capital stock shall have been
ARTICLE V.
All the powers Of this corporation shall
be vested in, and the management and CON
troll OF its affairs shall be exercised by,
board OF directors, to be composed of five
stockholders. any three Of whom shall con
stitute a quorum for the transaction of the
business of this corporation.
posed OF CaSsiuS VI. Eiseman, f. X. Meyer,
]. A. Hickey, VI. EiSeman, and ii. Meyer.
The officers Of said first board Of directors
shall be &. VI. EiSeman. president; ]. \.
Hickey, vice president and treasurer, and
H. Meyer, secretary; said board of direc-
tors and the said officers shall serve and
remain in office until the first Monday in
November. 1913 on which day. and annu-
ally thereafter. the board OF directors shall
be elected by the stockholders, al meet
ing called for that purpose. All directors
and officers shall hold Office until their sue
ccsSOrs are elected and qualified and any
failure to elect directors shall not be re-
garded as a forfeiture OF this charter.
In the election of directors, each stock
holder shall ne entitled TO one vote for each
share OF stock held by him, which must be
cast either in person or by duly authorized
proxy, and the majority OF the votes east
shall elect. Any vacancy occurring in the
board Of directors may he filled by the re-
naming directors for the unexpired term.
At the first meeting OF the board Of direc-
tors after their election and qualification,
they shall elect from among their number a
president, a vice-preSident and treasurer and
ARTICLE VI.
All meetings OF the stockholders shall |
he called BY written notice mailed to the
last known address of each stakeholder, not
less than thirty days before the date fixed
for such meeting, unless said notice has
been waived in writing by the stockholders.
ARTICLE VII.
This act OF Incorporation may be amend |
ed, modified, changed, or altered. or this |
corporation may be dissolved with the as
sent Of the stockholders holding and owning
three-fourths OF the capital stock thereof.
who may be present or represented at
general meeting OF the stockholders con-
vened for that purpose, and Of which due
notice has been given.
When this corporation shall be dissolved
either by Limitation or from any other cause,
its affairs shall be liquldated by three COM
missioners to be appointed for that pur-
"a
meeting OF the stockholders convened for
that purpose. Said commissioners shall re-
main in office until the affairs Of said cor
pOration shall be fully and finally liqui-
iquidatOrs, from any cause whatsoever,
shall be filled by the remaining commission
erS.
ARTICLE VIII.
No stakeholder shall ever be liable or re-
'ponsbe for the contracts or faults of this
corporation, in any further sum than the
unpaid balance due by him on the shares OF
stock subscribed to or owned by him nor
shall any mere informality in the Organiza-
ton of this corporation have the effect of
rendering this charter null or of exposing
he unpaid amount which may be due on
ais stock subscription.
The list OF subscribers hereto annexed
hall serve as the original subscription list
II this corporation.
Thus done and passed in my notarial Of
ice In the city of New Orleans, in the pres
nee Of MesSrs. John L. Corcoran and Otto j
/. Hasenkempf competent witnesses, Of law
ul age and residents OF this city and par !
sh, who have hereunto subscribed their :
lames, together with said appearers and :
ne, notary, after due reading OF the whole.
Original signed: c. VI. Eiseman, $50 /,
hares Eveleen X. Meyer, 200 shares Hilda ,
Meyer, 80 shares; ]. Alex. Hickey, go =
hares; Meyer Eiseman, per pro Eldon S. !
azarus, 80 shares; Jno. L. COrcoran, Otto
!. Hasenkempf.
II. MICHEL. Notary Public.
/, the undersigned recorder Of mortgages :
q and for the parish OF Orleans state of r
louisiana, do hereby certify that the above
nd foregoing act of Incorporation of the
ora Planting 4 Manufacturing Co. was
his day duly recorded in my Office, in book c
New Orleans, November -, 1912. t
(Signed) EMILE LEONARD, b
by. Recorder. c
tate of Louisiana, Parish of Orleans
| hereby certify that the above and fore c
n N lie trfIa md 4
er of the Cora Planting Manufacturing Il
ompany, together with the certificate of 0
he recorder of mortgages. c
In faith whereof witness my hand and n
cal this twelfth day of November, 1912 c
III. MICHEL, Not. Pub $
ov IA 81 % dec u 10 1912 &
CHARTER
II WOODLEY STOCK FARM CO. LTD {
II Il.