The herald. [volume] (New Orleans, La.) 1905-1953, 1912-09-26
CHARTER.

OF THE GULF PLANTING ipMfAN1
TINTED STATES OF AMERICA. STATE
OF LOUISIANA. PARISH or ORLEANS
b IL known. that on this 2-sTd day .!
September. 1912. in the year Of our LORD
one thousand nine hundred and twelve. and
Of the insieTse nience Of the United states q
America the one hundred and JhlF'y -srN =, 81,
before me. Philip Gensler. Ir. notary
public in and Tor the parish OF orleans and
state Of Louisiana aforesaid duly ccD-1iS-
stoned and qualified and IN the presence OF
signed personally came and appeared he
several persons whose names are hereunIo
subscribed. who declared 10 me-. notary, n
the presence OF the undersigned Witnesses
that availing themselves u the provisions
af the laws OF the state Of louisiana ~
Suecfing the organization Of corporations.
they have ml1uslly agreed and contraCt-I
and bind and obiisate themselves their heirs
and assigns and all persons who may here
after become associated with them herein.
10 form a corporation and d. hereby form
and organize 3 corporation under The name
and for the objects and purposes and under
tanned in the following articles. Jo-Wit
ARTICLE l.
This corporation shall he known as The
Sulf Planting Company. and lis Sonicile
stall he in the CITY Of New Orleans, state
OF Louisiana. Under its said corporate
name IL shall have the power 20 contract
sue and - sued 10 make and Use corIsoT-
ate seal and The same 20 break and alter
AT pleasure 10 bold receive have. purchase
improve. sliens1e. convey sell borrow
pieise mortgage and hypO-hecate. uD1sE
It's said corporate name property, real. pr
S0nal and mixed. and TO name and appoint
such officers. directors. agents managers OF
employees as the interest or convenience OF
the said corporation may require; 20 make
and establish bylaws rules and regulations
for the proper management and regulation
Of its affairs. and the sane 70 change and
alter al pleasure 20 do sill acts and things
as shall cr may be Necessary or proper 20
i - -
corporation said corporation unless sooner
dissolved in accordance with its charter
shall exist and continue for the period OF
ninety-nine years from the date hercof- The
president. or in his absence or incspacity
the vice-p7esident. shall he the proper per
son upon whom citation or other legal pro
ceSs shall Be served
ARTICLE IL
The objects and purposes for which this
corporation il organized and the nature Of
| the business TO Be CARVED On by IL are here
| by declared 90 f-e To bay and sell. pack i'm
port and export oysters; 10 hold Own Guy
and sell. lease. oqerzte and otherwise deal
| in oyster befs-
| The capital stock of this corporation Is
/ hereby fixed at the sum Of ten thousand
| dollars $4,000 ool. divided into or repre-
Sented By two hundred 200 shares Of the
par value of fifty dollars t<5000i each
which shares shall be paid for in cash at
such times and in such amounts as the
/ board of directors may determine; or the
| said stock may be issBed at not less than
par in payment of property actually re-
| oeived or purchased by said corporation. or
for labor done or services rendered Said
company may commence doing business as
soon as three thousand dollars tS3.Ooo-oOI.
| Of the capital stock shall have been sub
J scriRsed-
Certificates of stock fully paid and non
aSsessable shall b issued to each subscriber
10 the amount paid by him therefor.
/ ARTICLE ".
\ stion shall Dc vested in and the business
/ hereof shall he managed by q hoard Of d.
1 rectors composed Of fve 81 stockholders.
majority Of whom shall constitute quo
Il rum 10 transact business
/ The following named parsons shall con-
stitute the frs board Of directors who shall
l hold their Offices until the first Monday OF
May in the year 1913. or until their sue
| to-wit: l. H Price. z J. Lecosre. W. :.
Lewis. Vincent Picola. sam Michel
/ On the first Monday of May. 1918. and
on the first Monday Of May In each year
i rectors shall Be held-sy ballot az the once
Of the corporation in the city OF New Or
leans. Louisiana, between the hours Of ten
1 O'Clock a. m and three O'Clock D. N az
which said election at least i've DAYS Cs1
previous notice shall Be given BY mail ad.
dressed to each stockhoider at his last known
place of residence Of record on the books Of
/ the company.
i And each and every stakeholder shall h.
/ entitled Al all elections. either in person or
4 BY written proxy. TO vote one vote for each
and every share Of stock which he nav hold
Each board Of directors which NAV De
hereafter elected as above provided shall
elect from their own number a president a
i vice preSlde1t- and a secret2ry-rreasurer.
Any vacancy occurring on the board Of d.
recrors shall he filed BY the remaining dr.
rectors for the unexpired term The on
GERS Of the corporation during the term Of
the present board Of directors are declared
70 be L H. Price, president: W. s Lewis.
1 ree1president: Z j. Lacoste secrefary-
treasurer. These and all subsequently elect.
ed Officers of the corporation shall bold Of
pee until their SUCCESSORS are elected and
qualified
4 ARTICLE V.
This act Of incorporation may Be changed
Il OF altered or this corporation nav Be dis
solved with the consent OF ee-fourths o.
general meeting Of stockholders couvened
4 FOR that purpose. Of which said meeting a
least ten t10i DAYS written notice shall have
been given by mail. addressed 20 each stock
n'''e' MS 'i aRT n4S pliee Of residence
No stoekbolder Of this corporation shaI
ever be held liable for any Of the dehts
contracts. faults or obligations Of this cor
paid balance. IL any. due TO the corporation
on the shares of stock owned by them no,
shall any Informally IN the organization
OF this company render this charter void
whatever beyond the amount on his stool
Il remaining due Nor shall q failure n AM
time TO hold meetings, 70 elect officers or al
rectors. as herein provided for, work IN.
forfeiture Of this charter or dissolve N,
i corporation. but the existing board OF di
frectors and officers shall remain In force
/ until their Successors Be elected and qualify
ARTICLE VII.
Whenever this corporation Is dissolved
either BY limitation or any other cause, II.
affairs shall Be liQuidzted oy one or mors
/ commissioners 20 Be elected from snonxs,
the stockholders OF the corporation at Z
general meeting az the stockholders con
ye1ed tn accordance with Art Y. and q ma
joriry Of the stock represented and vofins
az safd meeting shall be requisite to elect
TIE majority Of the stock represented and