The herald., 1912-03-28

UNITED STATES OF AMERICA. STATE
OF LOUISIANA, PARISH OF ORLEANS
BE 1T KNOWN. that on this 2lst day OF
March, in the year of our Lord NineteeI
Hundred aud Twelve, and of the Indepen
dence of the United States of America, the
one hundredand thirty sixth. before me
AlENlS BRIAN, notary public in and for
the Parish of Orleans, aforesaid, duly com
missiOned and qualified, and in presence OF
OF the witnesses hereinafter named and un.
dersigned, personally came and appeared
the several persons whose names are here
under subscribed, who declared TO me. no
tary, in the presence Of the undersigned
witnesses, that avaiing themselves of the
privileges of the laws of the State of Louis
lana. respecting the organization of cOrpO-
ratiOns, they have mutually agreed and con
tracted, and by these presents do agree and
contract and bind and ObiSate themselves.
their heirs and assigns. and all persons who
may hereafter become associated with them
herein, to form corporation and do hereby
form and organize a corpora ton under the
name and for the objects and purposes and
under the terms, Stipulations and provis-
ions contained in the following articles, to-
wit:
ARTICLE |.
The name and title of this corporation is
hereby declared to be RICE BELT MIL
LING COMPANY" and under its said cor
porate name il shall have and enjoy cor
pOrate existence and secession for the full
term and period of ninety-nine years from
and after the date hereof, unless sooner
dissolved by the action of the stockholders
in the manner provided by law and by and
under that name it shall have. enjoy and cX-
erciSe all rights powers and privileges here
matter set forth. as well as those granted
or that may hereafter be granted by law to
corporations of this character, with full
authority TO contract, sue and be sued
NIL. nd hn it,,,NI l,I
prosecute in any and all courts of justice
and elsewhere TO make and Use a corporate
seal and the same to alter and break at
at pleasure; to acquire, receive and own,
by purchase, lease, donation, exchange or
otherwise. and TO hold, use and operate, and
TO convey, sell, lease, mOrtage, pledge, ny
pOthecate and otherwise dispose of property,
real personal and mixed, c0rpOreal or in
cOrpOreal: to borrow money and to issue in
evidence thereof notes, bonds, debentures or
other securities, and to secure same by
mortgage, pledge or other hypOthecation of
property, real, personal and mixed: TO ac-
ccpt mortgages, pledges or other forms of
security for money loaned or other debts {;
to name, select and appoint such directors.
officers, managers, attorneys, clerks and EN-
plOyees as its business, interests and con
venience may require; and to make and
adopt. and at its pleasure amend or abrO-
gate. such rules, regulations and bylaws
for the proper government OF the affairs of
the corporation as may be necessary, proper
or convenient.
ARTICLE H.
The dOmicile Of this corporation is hereby
declared to be in the City of New orleans,
State of Louisiana, and all citations or
other legal process shall be served upon its
president or, in the event of his death,
absence or inability to act, upon its vice
president, or in the absence Of both presi-
dent and vice-president, upon the treasurer.
ARTICLE III.
The objects and purposes for which this
corporation is organized and the nature of
the business to be carried on by-it, are
hereby declared TO be: TO acquire by
purchase, lease, donation, exchange or other
WISE and 10 sell or ALLEVIATE real and person
al property of every description and kind
and particularly rice mills irrigation plants,
canals, pumping stations, lands, warehouses,
or such other plants and machinery as may
be operated for the manufacture and prep
aratiOn for the market of rice or rice-pro-
ducts or by-products of any kind and the
appurtenances thereof. and articles made
or developed from the rice plant or any part
thereof; TO buy, sell, store. ship, forward,
receive or consignment, make advances on
and handle rice, rice-products and by-pro-
ducts of all kinds and articles made or de-
yeloped from the rice plant or any part
thereof, to own and operate rice mills, irri-
CATION plants, pumping stations, canals, rice
plantations, warehouses, bonded or not bon
ded public or private; TO loan money upon
real or personal property and 10 take mort
cages or assignments of mortgages or other
security on the same, and TO buy, sell and
deal in bonds and loans secured by mort
cages and other liens on real property; TO
exchange its entire assets in business In
whole or in part, for money or stocks or
bonds or other obligations Of other com
panies and In general to engage in any and
all business of any nature whatsoever not
prohibited by law.
ARTICLE ".
The capital stock of said corporation is
hereby fixed at $1,000, divided into 80
shares of par value of 500 each
ARTICLE V.
All rho cornorate powers now or hereafter
by law vested in this corporation shall be
vested in and exercised by Board OF 1lrec-
tors composed of not less than three noI
more than seven stockholders, VINO snall Oe
elected at a meeting of the corporation 10
be held on the first Wednesday OF April IN
each year A majority OF the directors
shall constitute a quorum.
The Board Of Directors shall NIL any va
csncies among their number or in any Other
office arising through death, resignation
disqualification or other cause, for the un-
exDired term thereof, the remaining dlrec-
tors being hereby vested with fuli power
10 NIL such vacancy Oy an! am I've 'N'N
of a majority of the remaining directors.
The Board of Directors shall elect IRON
among their number Immediately after the
election of the Board or as soon Thereafter
as NAV be possible a President, one or more
Vice -presidepts and a Treasurer. Any TWO
of such officers may he held by the same
person. The Board of Directors shall APP
point a Secretary and may also appoint one
ar more Assistant Treasurers and one or
more Assistant Secretaries.
For the time being and until the STOCK
holders of this corporation shall convene IN
General meeting on the first wednesday OF
April. 1913. the Board of Directors shall
consist of L. Carroll Root, s. Emanuel ana
NJ Lewis. with L. Carroll Root as PRESIDENT
s Emanuel as Vice-President and treasurer:
An increase or decrease in the number OF
directors herein appointed or hereafter
elected shall be in the discretion OF the
Roard of Directors within the limit herein
fixed.
ARTICLE VI
Section l. All elections of Directors Dy
rhe stockholders shall be by ballot and shall
be conducted under the supervision OF IhTee
elected by the Board OF Dl-
rectors for that purpose, who shall receive
all votes of stockhoiuers authorized 10 VOte
In person or by written proxy at such meet
ing. and shall forthwith certify the result
M such election to the Board Of Directors.
THE BOARD of Directors shall fix the hour,
place and manner of conducting such cleo
tiOn