The herald. [volume] (New Orleans, La.) 1905-1953, 1912-12-19
CHARTER

OF ATLAS SUGAR COMPANY.
UNITED STATES OF AMERICA STATE
OF LOUISIANA. PARISH OF ORLEANS
CITY OF NEW ORLEANS
Be II known, that on this seventh day OF
the month of December. In the YEA" ut our
Lord one thousand nine hundred and twelve
and ot the Independents" of che United ~rIt as
Of America the one hundred and thirty
sixth, before me- Frank Edward E1inn,I. "a
notary public in and for Orleans parish.
therein residing, and in the presence ~ the
witnesses hereinafter named and undersigned
personally came and appeared the persons
hereinafter subscribed. who declared taIt.
availing themselves Of the laws 81 this state
relative 10 the organizations OF corpora
lions. in such cases made and provided. they
constitute themselves. their associates. Su..
stipulatiOnS herein set forth. which they
adopt as their charter. to-wit.
ARTICLE /.
The name and title Of this corporation
shall be Atlas Sugar Company. II shall ru
joy succession for n!ncty-nlne t99I years
from this date. and shall have. for tho pur
poses of the business 10 hc carried on Toy o..
all the powers conferred hy law upon cor
porations and shall generally "Nerci~" ala
the powers necessary 10 carry ON said bus.
ness,
ARTICLE H.
The domicilc Of this corporation shall H,
in the city OF New Orleans. state OF Louis
ana, and all citation and other legal process
shall bc served on the prr~id, mt, and i'm case
Of his absence or disability, upon the ~"rr,.
tarS-tr"a>urrr.
ARTICLE Ill.
The objects and purposes for which this
corporation Is organized and the nature Df
the business 10 hc carried on 10y il are here
~ declared 10 be as follows, tO-WiI
To conduct the business Of sugar, mo
laSSeS and rice brokers and factors and
commission merchants 10 buy, sell and
deal in sugar, mOlaSSeS and rice or other
agricultural products principals or agents
A "a al Ia Ia fli Isl .4f H.
whether On notes or IN open accounts. $50.
cured or unsecured TO loan money on mort
cages or otherwise: 10 borrow money and
for that purpose TO pledge mortgage notes
or other securities, To acquire and dispose
Of negotiable securities 10 purchase or OH.
erwiSe acquire, improve, cultivate and dis
pose Of, mortgage. lease or make other con
tracts in reference to lands and plantations
in the state OF Louisiana; to engage in
planting and raising sugar cane and other
agricultural crops; TO manufacture refine.
buy and sell sugar cane and its products
to acquire and operate tramways, barg,~
steamboats, and motor boats for the trans
pOrtatiOn of sugar and mOlaSses 10 run a
store or general merchandise bust
ness, and 10 do all other things necessary
or incidental TO the carrying out Of the
above objects and purposes.
ARTICLE ".
The capital stock of this corporation is
hereby fixed at the sum OF one hundred
thousand dollars $500. 900 OUJ, divided into
and represented 10y one thousand shares of
the par value OF one hundred dollars tSlUuD
per share. This company shall have the
right to commence business and be a going
concern when three thousand dollars tS;;-
UOO.OOl Of the capital stock shall have been
subscribed for. All stock subscribed for
shall be paid for in cash or property re
Ceived or labor done at such time and upon
such terms and conditions as the board of
directors shall prescribe. No transfer of
stock shall be admitted or held to be valid
or binding far as the company is con !
cerned unless made on the books of the
company. No sale or pledge Of stock shall /
be valid unless said sale or pledge is ac-