The herald., 1912-09-12

EMITTED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be IL known, that on this thirty-first day
of the month of August, in the year OF our
Lord. one thousand nine hundred and twelve
and of the independence of the United STATES
of America. the one hundred ana thlrty-
seventh. before me- John Marshall Qulntero'
n notary public, duly commissioned and quail
flied. In and for this city and the parish of
Orleans, therein residing, and in the pres.
ence Of the witnesses hereinafter named ana
undersigned, personally came and appeared
the several parties whose names are herein
after subscribed, who severally declared that,
availing themselves of the provisions OF the
laws of this state relative 10 the formation
of corporations, they have covenanted and
agreed, and do, by these presents, covenant
and agree and bind themselves, as well as
such other persons as may hereafter De-
come associated with them, TO form and con-
stitute a corporation and body polite IN
the clauses stipulatiOns and articles herein
after set forth and expressed, when they
hereby adopt as their charter, to-wit:
ARTICLE l. ..,,u
shall be "Browder Bros, Incorporated and
IL shall exist and continue for term OF
ninety nine years from the date hereof IL
shall have fits domicile in the city or New
orleans, parish vi orieahs' s'"'e vi '"
isiana. :,
The president of this corporation, or, In
his absence, the secretary, shall be the prop
er officer upon whom all citation and othei
legal process shall be served
ARTICLE H.
The objects and purposes for which this
corporation Is organized and the nature ol
the business to be carried on by II are mere
nv declared to be: to buy and sell hour
grain and other merchandise; to manufac
ture prepare or blend flour, grain and Other
merchandise, and to act as commission mer
chants In said lines of business in this city
of New Orleans, and to do all things con
nected with or appertaining to said bust
' ARTICLE III.
This corporation shall have power and
authority under its corporate name, to SUI
and be sued contract, to make and use
corporate seal and the same to break OF
alter at pleasure; to receive, accept, pur
chase, lease, hold, mortgage and hypothecate
sell, pledge, or otherwise acquire possession
enjoy and dispose of property, both real ant
personal, as the business Of said corpora
tion may require; to name and appoint sucl
officers, managers, directors, or agents a.
the necessity or the convenience OF salt
corporation may require TO make and es
tablish such bylaws and rules for the prope
regulation and management or us CUISINES
as may be proper and to do all things nee
essary and proper for the condact OF II
ARTICLE Nv.
The capital stock of this corporation !
hereby xed at the sum Of , three thou urS
scented by thirty 800 shares of the pa
value Of one hundred dollars (S1OO.OO) pc
share.
The corporation shall be a going concer
and shall be authorized to commence bus
ness when the entire capital stock shal
have been subscribed for and paid in.
All transfers of stock shall be made o
the books Of the company, under such RUE
and lab nnO hA director
may prescribe.
All powers of this corporation shall b
vested in and be exercised by board
directors, composed of four directors, thre
OF whom shall constitute quorum, VIII
shall elect from their number presider
and secretary and the followin
named persons shall constitute the tirs
board of directors: ID. III. BrOwder. j.
Bailey, J. Z. Dicharry and +. Il. Wilson,
whom ID. III. Browder shall be president an
]. +. Dicharry, secretary-treasurer. III
said board of directors and the said Officer
September, 1913.
Any failure to hold an annual electio
shall not effect a forfeiture of this charte
or this act Of incorporation. Any vacant
Occurring in said board shall be filed I
the remaining directors.
The election OF directors shall be held al
nually on first Monday in September in eaC
year and the directors at their first meetiI
In each year shall elect out Of their Ow
number the officers. Ten days notice of SUE
election shall be given TO each stockholde
by the secretary, in writing, at his La
known place of residence. The election
directors shall he held at the Office of Il
corporation under the supervision of tv
coUp1S nrs appointed by the board OF q
- elections shall be by ballot ar
the votes cast shall elect OF
lYallowed for each share of sto'
either In person or by proxy. Al
Icy occurring in said board shall
z<xpired term. Two-thirds Of the capt.
stock may at any time create the office of
vice-president to be selected from among &
directors.
ARTICLE vi.
This act Of Incorporation may be change
altered or amended, or this corporation mi
be dissolved by a vote of three-fourths
amount Of the capital stock, at gener
meeting Of the stockholders convened for tn
purpose, after thirty days previous noti
OF the meeting shall have been given
the manner hereinabove provided in Z
election of directors
In the event that this corporation Is d
solved, its AFFAIRS shall be liguidated und
the supervision Of two liquidating comm
sioners to be appointed for that purpo
from among the stockholders of the corpe
alton at the meeting at which time the d
solution Is voted. or at a special meeth
convened for that purpose, after the sar
notice. given in the same manner as herei
above provided.
The said commissioners shall remain
office until the affairs Of the corporation a
fully liquidated. Any vacancy occurril
among them, from any cause, shall be fill
BY the remaining commissioners.
ARTICLE VII.
No stakeholder shall be liable or respo
sible for the contracts or faults of the CO
poration in any further sum than the u
paid balance due on the shares of sto'
owned by him nor shall any informality
organization have the effect of renderiI
this charter null or subjecting any stoc
holder to any liability beyond the amour
OF his subscription TO the stock.
Tins done and passed. in my Office, at Il
city of New Orleans, on the day, month ar
year herein first above written, in the pre-
ence OF Messieurs Lamar c. Quintero an
August III. Ritter, competent witnesses, WI
hereunto sign their names with the said az
bearers and me, notary, after reading Of III
whole.
Original signed ID. Fl. Browder. J. 4
Bailey, per ID. Fl. Browder, f. z. Wilson
per d. II. Browder, J. r. Dicharry. VII
nesses Lamar c. Quintero, A. H. Ritter
I'M QUINTBRO, Notary Publit
I, the undersigned Recorder Of Mortgages
In and for the parish of Orleans, State o
Louisiana, do hereby certify that the abov
and foregoing act Of incorporation Of Brow