The herald., 1912-05-16

4
On" thousand nine hundred and twelve, and
| Of the Independence of the United States of
/ America the one hundred and thirty sixth,
| before me. Frederic Charles Marx, a notary
public, duly commissioned and qualified, in
and for the parish and state aforesaid there
| in residing, and in the presence OF the wit.
| neSSeS hereinafter named and undersigned.
personally came and appeared: the several
persons whose names are herruntO SubSCrib-
| ed, who declared: that ayaiiing themselves
| Of the provisions of the constitution and
! laws of the state Of Louisiana relative to
! the formation OF corporations, they do by
| these presents form themselves. their sue
| ceSSOrS and assigns into corporation un-
der the laws Of the state Of Louisiana, and
| under the stipulatiOns hereinafter set forth,
| tO-wit:
The name OF this corporation shall be
| THE CECILIA SUGAR COMPANY, LIN
TIED, under which name it shall have and
enjoy corporate existence and succession for
| a period Of ninety-nine years from the date
| Of this act. with full power in the prOsecu-
| ton and for the purposes OF its business,
! as hereinafter defined, to contract, sue and
| be sued 10 acquire, lease. use, hold, alien
ate, mortgage. pledge. or otherwise encum-
| her, any property, movable or immOvable,
| in and out of the state of Louisiana ; to
| issue notes, bonds or other evidences Of
| Indebtedness and TO secure same by pledge.
/ mortgage or otherwise; to appoint or elect
such directors officers, managers or agents.
| as its business may require; 10 make. amend
agement Of its affairs. and generally to eX-
erciSe all the rights and powers that may
now or hereafter be granted by law to cor
! pOrationS Of this character
ARTICLE II.
The domcile of this corporation shall he
| in the city of New Orleans, parish of Or
| leans. state Of Louisiana. and all citations
| or other legal process shall be served on
the president, or, in his absence, upon the
vice-preSident.
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 buy, sell, lease.
improve, drain, reclaim. irrigate. plant and
| cultivate lands and real estate in the state
Of Louisiana and elsewhere; to plant. cul-
tivate, buy, sell and deal in cotton, cane.
rice and other agricultural products; to
construct, own, lease and operate canals
| for the purpose of drainage and irrigation /;
| to build. own. lease. sell and operate sugar
| retineries, rice mills, cotton gins and cotton
| congresses, warehouses and other manufac-
tories as may be necessary or convenient IN
| connection with the business Of this corpo-
ration; to promote immigration into and
| the development Of lands in this state: to
| feed and pasture cattle in connection with
their lands; and for any of the purposes
above stated, TO purchase or lease, and hold,
own, or sell or rent out property both NOV
| developing the same TO construct and oper-
ate in connection with any OF their lands
and enterprises, railways. tramwayS. or
barge lines to make advances TO farmers
| and other persons, who may own or lease
| and cultivate lands TO conduct and operate
general mercantile and supply stores. and II
] shall have the right TO purchase and hold
stock In other corporations: and generally
| to do all things that may be necessary in
| or convenient for accomplishing the pur-
poses herein above set forth. and In cOnnec-
Il Tor ThAra IL Ill
site or expedient TO the accomplishment of
any Of the purposes for which this corpora
ton Is organized.
ARTICLE ".
The capital stock of this corporation Is
hereby fixed at the sum OF one hundred and
| fifty thousand dollars $3.50. 0OO.O0) divided
| into and represented by fifteen hundred a.
500 shares Of the par value OF one hundred
| dollars (S1OO.O0) each, which shall be paid
| for in cash, or may be issued at not less
| than par for services rendered TO. or pro-
perty purchased by, said corporation, or
payable in installments on such terms and
conditions as the board OF directors may fix
| The certificates OF shares of stock shall
! not be issued until fully paid for, and shall
| be signed by the president and by the secre-
| ry-treasurer, or in the absence or inability
| OF the president or secretary to act. by the
| vice-president Said stock shall be transfer
| able only on the books OF the company and
| on surrender or due proof Of loss Of the
| original ceTl1cate. ana until such transfer
on the books OF the company the company
shall be authorized to treat the recorded
owner as the owner for all purposes.
This corporation shall be organized and
become going concern as soon as fifty
thousand $3.50, 00O.0O) dollars shall nave
been subscribed to the capital stock.
ARTICLE v.
All the power Of this corporation shall be
vested in and exercised by board Of three
directors, pursuant to such rules and regu-
| lations as they may adopt The said direc-
tors shall be elected by ballot at an annual
| meeting of the shareholders, under the SUI
pervisiOn of two commissioners of election
appointed by the board Of directors, which
| meeting shall be held on the first Monday
! in the month of May of each year after due
notice sent by mail to each stakeholder to
| the address furnished by such stakeholder to
the secretary, not less than ten DAYS prior
TO the holding of such an election. The
first board of directors shall be elected i'm
mediately after the signing Of the charter
| by the subscribers to not less than fifty
| thousand $3.50, 0O0. 00) dollars OF the capital
| stock, and the directors 50 elected shall hold
office until the first Monday in May, 1914
| At all meetings of the shareholders each
shareholder shall be entitled to cast one
| vote, in person or by proxy, on each share
Of stock held by him. At any meeting of
the board of directors, any director absent
from the city may be represented by any
other director, who may cast the vote OF
said absent director according TO the writ
ten instruction of said absent director
| The board of directors shall have full
power and authority to sell, lease, mortgage
! or pledge any and all OF the property, NOV
able and immovable. belonging to the COM
pany without referring to the stockholders
for power to do so. and they may also pur.
chase, for cash, or on credit, property of
any kind required for any of the purposes
OF the company, without authority Of the
shareholders or make any contract and
perform any act whatsoever for and in the
name of the corporation which the corpora
ton itself could make and perform.
| The board of directors shall have full
power and authority to employ, appoint for
such time as they deem proper, and to dis
miss such managers, superintendent, agents
and employees as they may deem best and
to vest in them such powers as they see fit
and to fix their remuneration.
In case of any vacancy in the board OF
| electors the remaining members shall have
the power TO fill the vacancies. and all di.
remain In Office until their successors are
elected and qualified. Failure TO hold the
| annual meeting shall not dissolve the cor.
pOratiOn.
ARTICLE VI.
This act OF incorporat ton may be changed
| modified or altered or this corporation may
OF the stock present or represented at q
| meeting convened for that purpose after ten
| (1O) days written notice mailed 10 each
stakeholder at his last known postofice ad
dress.
ARTICLE VII.
All proceedings relative to the increasing
or diminishing of the capital shall be taker
In the manner prescribed by the laws OF