The herald., 1912-11-14
ADAMS HATS.
CHART Err

STATE OF LOUISIANA, PARISH OF OR
LEANS.
BE it known. that on this eleventh da!
Of the month of November. in the year nine
teen hundred and twelve. and Of the indie
pendence Of the United States of America
the one hundred and thirty-Sevcnth. bcfOr,
me, Herman Michel, notary public, in anC
for the parish of Orleans state of Louisiana
duly commissioned and qualified. and in tn,
presence Of the witnesses hereinafter named
and undersigned. personally came and ap
pearcd: the several persons whose names
are hcrcuntO subscribed. who SeVprallV de
clared. that ayailing themselves of the law:
Of the state of Louisiana in reference I,
the organization IF corporations. they hay,
cOvenanted and agreed. and by these pres
entS do covenant and agree and bind them
selves. aS well as all such other persons a,
may hereafter be associated with them. Il
form themselves into and constitute cor
poration and body corporate in law. for tn,
objects and purposes and under the cOndi
tions. stipulations and regulations follow
ing viz:
ARTICLE l.
The name and title of said corporation
shall be the Cora Planting Manufacturing
Company, and Its dOmiCilc shall be in the
city of New Orleans. parish Of Orleans
state of Louisiana, and by that name said
corporation shall have power and authority
10 have and enjoy corporate existence and
succession for the term of ninety-nine years
from and after the day and date hereof
Ia contract, sue and be sued; TO make and
use corporate seal and the same To break
and alter at pleasure; to hold, receive.
lease. purchase, sell and convey, as well as
mortgage and hvpOthecate under its cor
porate name property, both real and per-
sonal; to borrow and lend money and 10
give and receive securities therefor: TO
name and appoint such managers. directors,
officers. OverSecrs and agents as the inter
est and convenience of such corporation NAV
require, and TO make and establish such by
laws, rules and regulations for said cor
poration as may be Necessary and proper
and the same 10 alter and amend at pleas
ure.
ARTICLE H.
All citations or other legal process shall
be served upon the president of said cor
poration, and in case of his absence. upon
the vice president and in the absence Of
both, upon the secretary.
ARTICLE III.
The purposes for which this corporation
Is established, and the nature of the bust
ness 10 be carried on by 1t, are declared aud
specified 10 be. the development of agricul-
tural resources of this state: the purchase
and sale of lands the establishment, main
tenance and operation of manufactures for
the conversion of products. raised gathered
or acquired, by the corporation. into goods
wares and commodities, and the sale of such
products. either as raw material or in the
state; the maintenance and
operation of steamers and other vessels. or
vehicles for carrying the product and prop
crty OF said corporation and other freight
and passengers; to buy, sell, lease and in
any way operate plantations or tracts of
land: to cause the same to be cultivated in
sugar cane. rice, cotton and other products ::
10 manufacture and convert the products
thereOf INTO such goods and commodities as
IL may deem proper; to conduct and carry
on manufactures of such material and com
modities: to establish stores and mercon-
tile houses for the sale Of tire same and
other goods, wares and merchandise. 10
Construct buy, lease. operate and hold
steamers and other vesseieRfor carving the
products and property of said cOrporation
and generally for the TRANSFORMATION Of
frelght and passengers and to ,vnstruct
wOk, maintain and operate railroads tele.
graph and telephone lines III connection
herewith, canals, plank 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. 600. OOI dollars divided into
ana represented by one thousand Il OOOI
'hares OF the par value of one hundred
lSlOOOO) dollars each. Said shares of
stock shall be issued only at par and when
issued, snail be paid for in cash or prom
arty, or in the equivalent thereof. an
shares OF stock shall be issued as full maid
ma worcestershire, and no transfer of said
stock shall be binding on said corporation
lnIess recorded on its books.
No holder of stock in this cornoration
'hall sell his stock TO any person until no
has first offered it to the board of directors
u Said corporation at its then book value
lil II snail be optional for this corpora.
ION TO refuse to recognize any transfer OF
stock made in violation of this provision
Ihls corporation shall be a going CON
,ern as soon as fifty thousand $50. OOOl
iollars OF Its capital stock shall have been
subscribed
ARTICLE V.
All the powers of this corporation shall
" vested IN, and the management and con-
rol OF its affairs shall be exercised by. a
'oard OF directors, to be composed of five
stockholders. any three of whom shall con.
tltute quorum for the transaction of the
business of this corporation.
Inc trst board of directors shall be COM
IoSed OF Sassius NJ. Eiseman, E. X Meyer,
!: Il. hickey, NJ Eiseman, and H. Never
4 ne officers of said first board of directors
nail be c. NJ Eiseman, president: ]. A,
Hickey, vice-president and treasurer and
!. Meyer, secretary; said board of direc-
orS ana the said officers shall serve and
emaln In office until the first Monday in
november, 1913, on which day. and annu-
lily thereafter, the board of directors shall
e elected by the stockholders, at n meet |
ng caIled Tor that ,purpose All directors
nd officers shall hold office until their sue
essors are elected and qualified: and anv
allure TO elect directors shall not be re- |
arded as forfeiture of this charter.
IN the election of directors, each stock |
Older shall be entitled to one vote for each |
mare OF stock held by him, which must be
asst either in person or by duly authorized
roxy, and the majority of the votes cast
nail elect. Any vacancy occurring in the
GARD OF directors may be filed by the re- |
1aining directors for the unexpired term.
It the first meeting of the board of direc
ors after their election and qualification.
hey shall elect from among their humber
resident, vice-president and treasurer and
secretary.
ARTICLE VI
All meetings of the stockholders shall
called by written notice, mailed TO the
ist known address of each stakeholder. not
ess than thirty days before the date fixed
DR. such meeting, unless said notice has
cen waived in writing by the stockholders.
ARTICLE VII.
This act of Incorporation may be amend
4, modified, changed, or altered. or this
may be dissolved with the as
INT OF the stockholders holding and owning
lreefourths Of the capital stock thereof,
no may be present or represented at a
eneral meeting of the stockholders con-
ened Tor that purpose, and Of which due
office has been given
When this corporation shall be dissolved
ther by limitation or from any other cause
5 affairs shall be liquidated by three com,
issioners to he appointed for that pur-
Use from am0up tho sfocthaldars Il