The herald. [volume] (New Orleans, La.) 1905-1953, 1913-05-15

BE It known, that on this eleventh day Of
the month Of April, in the year one thou
sand nine hundred and thirteen, before me-
Robert LegieT, notary pubic, duly com
mlssoned, qualified and sworn In ana TOT
the parish OF Orleans, state OF Louisiana,
aforesaid therein residing, and In the pres.
ence OF the witnesses hereinafter named and
undersigned, personally came and appeared {:
the persons whose names are hereunto SUD
srribed who declared that awaiting them
selves Of the provisions OF the laws or the
state OF Louisiana, in such made and pro
yided, they have covenanted and agreed,
and do by these presents covenant ana
agree bind, form and constitute themselves
as well as such other persons as may mere
after Join or become associated with them,
into a corporation and body polite IN law,
for the objects and purposes ana unueI u. -.
agreements and stipulations following TO-
wit:
The name and style OF this corporation
shall be the West India Sugars Company
and under that name It shall have ana en-
Joy all the rights, privileges and advantages
granted by law to cqrpora,il O oors from Srom
the date hereof; II shall have power anu
authority TO contract, sue and be sueu III
its corporate name; to make ana use
corporate seal, and the same to break OF
alter at pleasure ; to hold, receive, purchase
convey, mortgage and hypothecate property,
real personal or mixed; TO Issue bonds hotes
and other obligations: 10 have ana empty ",
such managers, directors, agents ana Gther
EMPLOYEES as the interest and convenience
OF said corporation may require or dehAnu :
and to make and establish such bylaws
rules and regulations for the corpora .e ga a's 20
agement and control OF the business ana az
fairs OF the said corporation as may Ue
deemed necessary or eIpedient.
ARTICLE II.
The domIcile Of said corporation shall be
In the city OF New Orleans, state OF Lou,
isiana but It may establish t, Ol Sfssas "% of
America or foreign countries All cllaiions
and other legal process shall! be served on
the president and In his absence on tne
vice-president or secretary treasurer OF salu
corporation.
ARTICLE III.
The objects and purposes for which this
CORPORATION Is organized and the nature vi
the business TO be carried on by II are mere
by declared TO be: to deal In, Dhy' sen VI
STORE for its own account or Tor the &C
connt OF others, all kinds OF merchandise
and commodities, principally sugar anu M
lasses to lease, rent, hire, own ana operate
tank cars, water craft or any vesseis, .,...
or propelled by steam or otherwise, tugs
barges or other craft for the transportation
OF said merchandise, commodities OF pas
sengers; TO act as broker or agent Tor IN
strnct and erect or contract for the con-
structlon and erection or docks, tugs, Dsrses'
tank cars, water craft, workshops ana me
chanical plants, and generally 10 90 ana
engage In any other business, undertaking
or Enterprise connected with, growing out
OF. germane or incidental to any OF the Cd
iects and purposes hereinabove set forth or
contemplated by this charter.
ARTICLE ".
The capital stock of this corporation Is
.oI nj no
$50 900 OO) dollars, divided into five hun
dred (5OO) shares OF the par value or one
hundred $500. O0) dollars each, which snail
be paid for in cash, or may be issued at not
less than mar for services rendered to or
property actually purchased by TINS eorpor-
alton.
worcestershire. No transfer OF stock snail
bebinding on this corporation unless MADE
upon Its books.
ARTICLE v.
All the corporate powers Of this company
shall be vested In, and the management and
control Of its business and anairs snan De
posed of seven stockholders, majority OF
whom shall constitute quorum Tor tne
transaction Of all business. The directors
shall be elected annually, by ballot OF the
stockhoiders, on the first Monday Of April
in each year Each stakeholder shall be
entitled, either In person or by written
DrOXV. to one vote Tor eacn SHARE u eOVSh
owned by him and standing In his name on
the books Of the corporation. All elections
shall be held under such rules and regula.
lions as may be determined by the board OF
OF such election shall have been given In
writing to each stakeholder sent to his
last known address by mall, or by publica-
tion In one of the daily newspapers pup.
iished In the city of New Orleans for at
least ten days preceding such election. The
directors thus elected shall continue In
Office for one year or until their successors
shall have been duly eiectea S ana qud hs re.
garded as forfeiture OF this charter. ANY
vacancy occurring on said board OF direc
tors shall be filled by the remaining direc
tors for the unexpired term. Said board
Of directors shall at Its first meeting elect
from among its number president, vice
president, a secretary and treasurer II
may combine the two last mentioned omce'
and may even elect a secretary who Is mo-
a stockholder. Said board Of directors shall
have the right to appoint and dismiss suci
clerks, managers and other employees o
this corporation, including the secretar,
who is not a director or stakeholder. a
conditions may Justify or the business o
the corporation may require. Tine tenur
Of ONCE Of all the employees Of this corpor
alton shall be during the pleasure or tn
board OF directors.
ARTICLE vi.
No stakeholder shall ever be held liabl
or responsible for the contracts, faults o
debts of this corporation, nor shall an
mere informality In Its organization hav
the effect Of rendering this charter null o
Of exposing a stakeholder to any liability be
yond the unpaid balance due on the share
Of stock owned by him.
ARTICLE VII.
This act OF Incorporation may be changed
modified or altered, or this corporation ma
be dissolved with the assent OF the stock
holders owning a majority of the stock o
the corporation, at a general meeting con
ten days notice shall have been given 4
each stakeholder In the manner and form
as provided for In Article V OF this act o
Incorporation. In case of the dissolution o
this corporation by the expiration OF II
charter or otherwise, the stockholders shall
elect from among their number three liqui
dators, who shall have full power and au
and Affairs OF this corporation. In case o
the death or inability Of any of said com
mlssioners, the survivors shall appoint
successor to him or them.
ARTICLE VIII.
Immediately after the signing OF thi
among their number president, a vice
president, secretary and a treasurer, WHIT
shall hold ONCE until the election to be helC
In April, 1914.
This corporation shall be a going concern
as soon as three thousand ($3, 000.00) dol
lars, or thirty (30) shares OF its capita
Thus done and passed at my ONCE In tn,
city of New Orleans the 1ay month snf