The herald., 1912-05-23

public, duly commissioned ana 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 hereuntO SubScrb-
ed, who declared: that ayaiing 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 IA corporation I'M
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 II 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 or 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; 10
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 TO make, amend
or repeal at pleasure bylaws for the man.
agement of its affairs, and generally to ex-
erciSe all the rights and powers that may
now or hereafter be granted by law 10 cor
ARTICLE II.
The domiclle OF this corporation shall be
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-presdent.
ARTICLE III.
Tho ohiects and nurnoSaS for which tbiS
corporation Is established and the nature
OF the business to he carried on by ii 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; 10 plant, cul-
tivate, buy. sell and deal in option, 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
refneries, 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
able or immovable, and for the purpose Of
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 1t
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-
ton Herewith to make all contracts reQui-
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 00000) divided
into and represented by fifteen hundred d.
500 shares Of the par value of one hundred
dollars (S1OO.OO) 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-
tary-treasurer, or in the absence or inability
of the president or secretary to act, by the
yice-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 certificate and until such transfer
on the books of the company the company
shall be authorized to treat the recorded
This corporation shall be organized and
become going concern as soon as fifty
thousand (s5O,0OO.OO) dollars shall nave
been subscribed 10 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 tC
| the address furnished by such stakeholder tC
| 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
medlately after the signing Of the charter
by the subscribers to not less than fifty
thousand (S50,000.0O) dollars OF the capita
| stock, and the directors so elected shall hole
office until the first Monday in May, 1914.
At all meetings Of the shareholders eact
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
or pledge any and all of the property, NOV
able and immovable, belonging to the com
pany without referring to the stakeholder!
| for power to do so, and they may also pur
| chase, for cash, or on credit, property o.
any kind required for any of the purpose!
| Of the company, without authority of tn,
shareholders or make any contract anI
perform any act whatsoever for and in tn,
name Of the corporation which the corpora
| tion itself could make and perform.
| The board Of directors shall have full
power and authority to employ, appoint TO
| such time as they deem proper, and TO dis
miss such managers, superintendent, agent
and employees as they may deem best ant
TO vest in them such powers as they see 1T
and 10 fix their remuneration.
In case OF any vacancy In the board o
electors the remaining members shall hav
the power TO fill the vacancies, and all di
| rectors and officers OF this company shall
remain In Office until their successors ar
elected and qualified. Failure to hold tn
annual meeting shall not dissolve the cor
poration.
This act Of incorporation may be changed
modified or altered or this corporation ma
be dissolved with the assent of three-fOurth
of the stock present or represented at
meeting convened for that purpose after tie
(10) days written notice mailed TO eac
stakeholder at his last known postofi1ce az
dress.
ARTICLE VII.
All proceedings relative TO the increasin
or diminishing of the capital shall be take
in the manner prescribed by the laws
the state of Louisiana.
ARTICLE VIII.