The herald. [volume] (New Orleans, La.) 1905-1953, 1913-02-27
CHARTER
OF CENTRAL FLORIDA SUGAR COM
PANN.
STATE OF LOUISIANA. PARISH OF OR


of February nineteen hundred and thirteen.
before me- Charles Schneidau a notary pub
lie for the parish Of Orleans and city OF New
Orleans state Of Louisiana, and in the pres
pncp of the witnesses hereinafter named ana
undersigned personally came the several per
sons whose names are hereunto subscribed,
who Severaly declared that availing them
selves Of the provisions of the general laws
of the state of Louisiana providing for the
organization of corporations, they have COW
enanted and agreed, and by these presents
covenant, agree and bind themselves, as well
as all such persons as may hereafter De-
come associated with them 10 form and con
stitute corporation and body polite in
law, for the objects and purposes and un-
der the agreements and stipulationS fol
lowing. tO-wit:
ARTICLE I.
The name and title of said corporation
shall I've Central Florida Sugar Company.
and said corporation shall have power and
authority to exist and enjoy succession by
its said corporate name for the full period
Of ninety-nine years from 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 hOldyAreceive purchase,
lease and convey, as well as mortgage and
hypOthecate, and pledge, under Its aforesaid
corporate name. property, both real, per,
SOnal and mixed. together with any and all
such rights, privileges and franchises as said
corporation may possess or acquire; 10
name and appoint such managers, directors
and officers and employees and agents as
its interest and convenience may require,
and TO have. possess and acquire all such
other rights, powers and privileges, as by
the general laws of Louisiana are, or may
be granted to corporations all of the pow
erS of said corporation may be exercised in
the state Of Louisiana, or in any other state
or states or in any territory Of the United
States, or in any foreign state or states.
ARTICLE ii.
The objects and purposes for which said
corporation is established, and the nature
of the business to he carried on by it are
declared TO be. to buy, SELL own and lease
as lessor or lessee, lands. either for invest
mcnt or for the purpose Of cultivating sugar
| cane and other agricultural products; to
construct houses, buildings and other works
or improvements thereon, and To sell, lease
or hire same; TO acquire. purchase lease,
construct. hire or operate sugar factories
and rctinerieS. plants for boiling mOlasSes
and syrup: TO manufacture such agricultural
products into sugar, molaSscS, syrup, or into
such other forms or commodities as may be
made or produced therefrOm; TO buy sugar
cane and SyrupS or mOlasses and TO man.
ufacture the same into sugar or other forms
| or products: to operate and maintain such
| other machinery, factories. refineries or 9th
| er plants or works as may be proper or
| suitable to accomplish the said objects and
| purposes of said corporation; to buy, sell
or otherwise dispose of all such products or
commodities either in their original or in
| their manufactured state; to own, build
purchase, lease or otherwise acquire and to
| maintain and operate, or TO sell, lease and
y
| solely for the use and benefit, however, Of
| said company and not for hire: TO make
| advances for the cultivation of lands; 10
operate stores: to raise. buy and sell live
stock of all kinds, and to carry on gen.
| eral live stock raising business TO carry
| On the business of farming in all its branch
| es, and in general TO do any act or thing
| that may be necessary or proper to promote
and further the interests and to accomplish
| the objects and purposes and to carry on
! the business of said corporation. The bust.
ness of said corporation may be carried on.
and property may be acquired by said cor
| pOratiOn, in the state of Louisiana. and in
any other state or states or territories of
the United States and in any foreign state
| or states.
| ARTICLE III.
! The domicile of said corporation shall
| be In the city OF New Orleans Louisiana
| and all citations and other legal process
shall be served on the president of said
| corporation. or in his absence upon the sec
| rotary Of said corporation.
| ARTICLE ".
| The capital stock of said corporation Is
hereby fixed at the sum of one million dol
| lars (S1,OOO.OOO), to be divided into ten
| thousand 100000 shares Of the par value
of one hundred dollars ($1OO) per share.
which stock shall be full paid and nOn-ass-
essable. Said stock shall be paid for in cash.
| or In property, or in work done for or SER
vices rendered to. said corporation, as may
| be decided by the board OF directors and
| upon such terms, and at such time and in
such manner as may be fixed by the board
| of directors
| ARTICLE V.
All the corporate powers of said cOrpOr-
| alton shall he vested In, and exercised BY a
board OF directors composed of seven per-
| sons. who shall be stockholders, to be elect
| ed at an annual meeting Of stockholders to
be held on the third Saturday of February,
! each year. OF such meeting notice in writ
ing shall be given, to be mailed at least ten
| t1O) days before the date of meeting, ad-
dressed TO each stakeholder at his last
known place of address A majority of the
votes cast shall elect. and each share of
stock shall be entitled to one vote, to be
cast by the owner, either in person or by
proxy. All directors shall serve and CON
tinue in office until the third Saturday in
| February next following their election or
| until their successors shall have been elect
ed and shall have qualified. A failure to
| elect directors on the date above specified
shall not dissolve the corporation, but in
such event, the existing board of directors
may cause another election to be held at any
time thereafter, whereof ten (1O) DAYS pre-.
vious notice In writing shall be given as
above provided. Vacancies occurring in said
board of directors from any cause whatsO-
| ever shall be filed by the remaining direc-
tors. The officers of this corporation shall
consist of a president, a vice-president a
| secretary and n treasurer, but the Offices
OF secretary and treasurer may be filled by
one ana the same person. A majority OF
/ the directors shall constitute quorum for
the transaction of business. The board of
directors at their first meeting following
each annual election shall elect from their
number president, a vice-president, a sec.
retsry and treasurer, who shall continue
IN once for one year, or until the success
sOrs or such officers are elected and have
qualified. The Offices, however, of secretary
and treasurer may be filed by one and the
same person. Said board OF directors shall
nave power and authority TO borrow money
execute mortgages, issue notes and bonds
10 sell or pledge the same, and generally
10 do all things pertinent to- or necessary
: for, the objects and purposes of said cor
poration, or which are, or may be, permit
TED by the laws applicable to corporations
ana also 10 issue and deliver full paid shares
or stock or bonds or obligations of said cor
poration, In payment for labor done. or mo
ney borrowed, or property or rights received
by said corporation.
, Said board of directors shall have power
: 10 make and alter or amend suitable by
laws Tor the government of said CORPORA
, ton. p0'''
ARTICLE VI.
4 Whenever this corporation shall no dis
solved, either by limitation or from an,
cause, Its affairs shall be liduidated bi
: three commissioners to be appointed from
. among the stockholders. at a general meet
!. ing or the stockholders convened for sucl
S purpose, of which meeting notice in writini
snail be given, TO be mailed at least ter
n tlO) days before the date Of meeting, ad
! dressed TO each stakeholder at his las
known place OF address. But any such meet
d ing may be held without delay and withou
d notice, IL all delay and notice of the nro
D posed meeting be waived in writing by al
Y the stockholders. A majority in amour
d OF three-fourths of the outstanding stoc
d OF SAID corporation, present or represented
4 at such meeting, shall be requisite to cleo