The herald. [volume] (New Orleans, La.) 1905-1953, 1912-12-12
CHARTER

OF CORA PLANTING AND MANUFAC.
TURING COMPANY.
STATE OF LOUISIANA, PARISH OF OR.
| LEANS.
| Be it known, that on this eleventh day
| 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-seventh, before
me, Herman Michel, notary public, in and
| for the parish OF Orleans, state of Louisiana
| duly commissioned and qualified, and in the
presence Of the witnesses hereinafter named
and undersigned, personally came and ap
peared: the several persons whose names
are hereunto subscribed, who severally de
| elared, that availing themselves of the laws
| OF the state OF Louisiana in reference tC
| the organization of corporations, they have
| covenanted and agreed, and by these pres
| ents do covenant and agree and bind them.
| selves, as well as all such other persons as
may hereafter be associated with them, to
form themselves into and constitute a cor
poration and body corporate in law, for the
| objects and purposes and under the condi'
tions, stipulations and regulations follow
| ing, viz:
| The name and title of said corporation
shall be the Cora Planting 4 Manufacturing
| Company, and its domicile 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
| to have and enjoy corporate existence and
succession for the term of ninety nine years
! from and after the day and date hereof
| TO contract, sue and be sued; to make and
| use a corporate seal and the same to break
and alter at pleasure: to hold, receive,
lease, purchase, sell and convey, as well as
mortgage and hypothecate 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, overseers and agents as the inter-
est and convenience of such corporation may
| 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 TO 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 ii, are declared and
| specified TO 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
manufactured state; the maintenance and
/ operation of steamers and other vessels, or
vehicles for carrying the product and prop
erty 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
| Ii may deem proper; to conduct and carry
| on manufactures Of such material and com
modities; to establish stores and mercan
| tile houses for the sale of the same and
other goods, wares and merchandise; tC
| construct, buy, lease operate and hold
| steamers and other vessels for carrying the
| products and property Of said corporation
| and generally for the transportation Of
freight and passengers; and TO construct
work, maintain and operate railroads, tele-
| graph and telephone lines in connection
Herewith, canals, plank-roads, bridges
fences and other works Of public improve
ment.
/ ARTICLE ".
| The capital stock of this corporation Il
hereby fixed at the sum Of one hundred
thousand (S1OO, 100000 dollars divided into
and represented by one thousand 1,000
shares of the par value of one hundred
| tS1O0.00) dollars each. Said shares o
stock shall be issued only at par and wheI
issued, shall be paid for in cash or prop
erty, or In the equivalent thereof. Al
shares Of stock shall be issued as full pal,
and worcestershire, and no transfer of SAT-
i stock shall be binding on said corporation
unless recorded on its books.
II No holder Of stock in this corporation
shall sell his stock to any person until h
II has first offered IL to the board of director
Of said corporation at its then book value
and 1t shall be optional for this corpora
tlon to refuse to recognize any transfer o
stock made in violation Of this provision
/ This corporation shall be a going con
Germ as soon as fifty thousand (s50,00O
i dollars Of its capital stock shall have beer
N'O> ARTICLE v.
I All the powers of this corporation shall
be vested in, and the management and con
4 troll Of its affairs shall be exercised by, {
| board of directors. 10 be composed of fiv'
stockholders, any three Of whom shall con
stitute a quorum for the transaction OF tn
business Of this corporation.
i The first board of directors shall be com
posed of Cassius NJ. Eiseman, Z. K. Meyer
J. A. Hickey, NJ. Eiseman, and III. Meyer
The officers Of said first board Of Director
shall be c. NJ Eiseman, president; ]. A
Hickey, vice-president and treasurer, ant
| ii. Meyer, secretary; said board of direc
/ tors and the said officers shall serve ant
remain in office until the first Monday II
ally thereafter, the board of directors shall
be elected by the stockholders, at meet
ing called for that purpose. All director
and oficers shall hold ONCE until their sue
cessors are elected and qualified; and an!
failure to elect directors shall not be re
garded as a forfeiture of this charter.
i In the election of directors, each stock
holder shall be entitled to one vote for eael
share Of stock held by hin, which must b
cast either in person or by duly authorizes
proxy, and the majority of the votes cas-
shall elect. Any vacancy occurring In tn
board of directors may be filled by the re
At the first meeting Of the board Of direc
tors after their election and qualification
they shall elect from among their number
president, vice-president and treasurer an
a secretary.
II ARTICLE VI.
;. All meetings Of the stockholders shal
be called by written notice, mailed to tn
II last known address Of each stakeholder, no
less than thirty days before the date fxe
!. for such meeting, unless said notice ha
been waived In writing by the stockholders
III ARTICLE VII.
Il This act OF Incorporation may be amend
ed, modified, changed, or altered, or thi
corporation may be dissolved with the as
sent Of the stockholders holding and ownin
three-fourths Of the capital stock thereof
who may be present or represented at