The herald. [volume] (New Orleans, La.) 1905-1953, 1912-09-19
CHARTER.
OF BRowDER BROS, INCORPORATE

UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be it known, that on this thirty-frst 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 and thirty
seventh, before me, John Marshall Qulntero,
a 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 and
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 to the formation
of corporations, they have covenanted ana
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
law, for the objects and purposes and under
the clauses, stipulations and articles herein
after set forth and expressed, which they
hereby adopt as their charter, to-wlt:
ARTICLE /.
The name and title of the corporation
shall be "BrOwder Bros, Incorporated and
it shall exist and continue for term OF
ninety nine years from the date hereof. II
shall have its domicile in the city of New
Orleans, parish of Orleans, state of Lou
isiana.
The president of this corporation, or, in
| err officer upon whom all citation and other
| legal process shall be served.
ARTICLE III.
The objects and purposes for which this
| corporation Is organized and the ma ture of
| the business to be carried on by 1t are here
| by declared to be: TO buy and sell flour,
| 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 busi-
| ness.
ARTICLE III.
This corporation shall have power and
| authority under its corporate name, to sue
| and be sued, contract, to make and use a
| corporate seal and the same to break or
| 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 and
| personal, as the business of said corpora
tion may require to name and appoint such
officers, managers, directors, or agents as
/ the necessity or the convenience of said
i corporation may require; to make and es
tabish such bylaws and rules for the proper
regulation and management of its business
as may be proper and to do all things nee
essary and proper for the conduct of Its
business.
The capital stock of this corporation /:
hereby fixed at the sum of three Thousand
dollars (s3,OOO.OO), divided into and repre-
value of one hundred dollars (s10O.0O) pei
share.
The corporation shall be a going concern
and shall be authorized TO commence bust
ness when the entire capital stock shall
have been subscribed for and paid in.
All transfers of stock shall be made OF
the books Of the company, under such rule
and regulations as the board Of directors
may prescribe.
ARTICLE V.
|, All powers of this corporation shall b
vested In and be exercised by board o.
directors, composed of four directors, tire
! shall elect from their number a presiden
, and secretary treasurer, and the following
named persons shall constitute the frs
board of directors ID. III. Browder J. Z
whom ID. III. Browder shall be president an.
j. Il. Dtcharry, secretary-treasurer Tn
said board of directors and the said officer
: shall hold office until the first Monday Il
: Any failure to hold an annual electio
shall not effect a forfeiture of this charter
: or this act of Incorporation. Any vacanc
occurring in said board shall be filed b
the remaining directors.
FL The election of directors shall be held ar
nually on first Monday in September in eac
in each year shall elect out of their ow
!. number the officers. Ten days notice of sue
election shall be given to each stockholdel
by the secretary, In writing, at his las
knOWu place OF reSlQe0ce. Inc election
directors shall be held at the Office Of th
corporation under the supervision of tw
commissioners appointed by the board Of d
T rectors. All elections shall be by ballot an
: a majority of the votes cast shall elect on
e vote to be allowed for each share of stoc
I present, either In person or by proxy. An
I vacancy occurring In said board shall h
filed by the remaining directors for the III
e expired term. Two-thirds of the capits
: stock may at any time create the Office of
t vice-president to be selected from among th
S directors.
: ARTICLE VI
/, This act Of Incorporation may be changes
e altered or amended or this corporation ma
E be dissolved by a vote of three-fourths !
amount of the capital stock, at a geners
! Injecting Of the stockholders convened for ths
!. purpose, after thirty days previous motto
of the meeting shall have been given
the manner hereinabove provided In til
election Of directors.
In the event that this corporation Is di
: solved, its affairs shall be iiquidated undo
! the supervision of two liquidating commits
! sioners, to be appointed for that purpoe
from among the stockholders Of the corpo
alton ut the meeting 1t which tine the al
i 0o1uf1m - voted ar At 4 mccall mnc<1u