The herald. [volume] (New Orleans, La.) 1905-1953, 1913-01-02
CHARTER

or ATLAS SUGAR COMPANY.
| UNITED STATES or AMERICA, STATE
OF LOUISIANA. PARISH OF ORLEANS
CITY OF NEW ORLEANS.
BE II known, that on this seventh day of
tn" month Of December, in the year OF our
Lord one thousand nine hundred and twelve
| ana OF the independence oil the Onltrd states
Of America the one hundred and thirty
sixth, before me, Frank Edward Rainpld, a
notary public in and for Orleans parish.
therein residing, and in the presence Of the
witnesses hereinafter named and underSi gucd,
personally came and appeared the persons
hereinafter subscribed, who declared that.
dyaiiing themselves of the laws of this state
relative TO the organizations Of corpora
lions, in such cases made and provided, they
constitute themselves their associates, sue.
CeSSGrS and assigns, a corporation under the
. Stipuations herein set forth, which they
adopt as their charter, tO-wit:
ARTICLE l.
tn" name and title OF this corporation
shall be Atlas Sugar Company. II shall en-
joy succession for niucty-uine t9gl years
from this date, and shall have, for the pur
poses of the business 10 be carried on by f..
all the powers conferred by law upon cor
PorationS and shall generally exercise all
the powers necessary 10 carry on said bust
ness.
ARTICLE H.
The dOmicile of this corporation shall be
in the city OF New Orleans, state of LOuiSi-
ana, and all citation and other legal process
shall b" served on the president, and in case
ARTICLE III.
The objects and purposes FOR which this
corporation is organized and the nature Of
the business to be carried on by il are here
by declared 10 he as follows, tO-wit
To conduct the business of sugar. mo-
laSSeS and rice brokers and factors and
commission merchants; TO buy. sell and
deal in sugar, molasSes and rice or other
agricultural products as principals or agents =
TO make advances for the raising Of crops
whether on notes or on open accounts, Sc
cured or unsecured to loan money on mort
cages or otherwise; 10 borrow money ana
for that purpose 10 pledge mortgage notes
or other securities; to acquire and dispose
OF negotiable securities; 10 purchase or 9th
erWlSe 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 I'm
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, bargcS, !
steamboats, and motor boats for the trans
portation of sugar and mOlasSes; to run
country store or general merchandise bust
ness, and TO 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, O0O.OO), divided into
and represented by one thousand shares of |
the par value OF one hundred dollars (S1OO) |
per share. This company shall have the |
right to commence business and be a going |
concern when three thousand dollars (S3- |
OO0.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 so far as the company Is con- |
cerned unless made on the books of the |
company. No sale or pledge OF stock shal |
be valid unless said sale or pledge is ac- |
companled by written certificate signed !