The herald. [volume] (New Orleans, La.) 1905-1953, 1913-01-16

OF E. A. RAINOLD, INCORPORATED.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW ORLEANS.
Be it known, that on this third day Of
the month of December, in the year of our
Lord one thousand nine hundred and twelve
and Of the independence OF the United
states or America the one hundred and
thirty-sixth: before me, Frank Edward Raj
mold, notary public In and for Orleans
parish, therein residing, and in the presence
or the witnesses hereinafter named and un-
dersigned, personally came and appeared the
persons hereinafter subscribed, who declared
that, availing themselves OF the laws of this
state relative to the organizations OF corpo-
ratiOns, In such cases made and provided
they constitute themselves, their associates
the stipulations herein set forth, which they
adopt as their charter, to-wit:
ARTICLE !.
The name and title OF this corporation
shall be: f. A. RAINOIID, INCORPORATE
Ed II shall enjoy succession for ninety
nine ODD years from this date, and shall
have, for the purposes of the business to be
carried on by 1t, all the powers conferred by
law upon corporations and shall generally
exercise all the powers necessary to carry
on said business.
ARTICLE III.
The domicile of this CORPORATION shall no
In the city of New Orleans state of Louisi-
ana, and all citation and other legal process
shall be served on the president, and in
case of his absence or disability, upon the
secretary-treasur
ARTICLE Ill
The objects and purposes for which this
corporation Is organized and the nature Of
the business to be carried on by Ii are
hereby declared to be TO conduct the bust
ness OF sugar, molasses 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
as agents; to make advances for the raising
or crops. whether on notes or on open ac-
counts secured or unsecured: to loan money
on mortgage, or otherwise; to borrow money
and for that purpose TO pledge mortgage
notes or other securities to acquire and dis
pose of negotiable securities to acquire, pur-
chase, sell, mortgage and dispose of real
estate within the state of Louisiana and to
improve the same to cultivate. lease. mort
gage or make other contracts in reference
to plantations and other real estate, and
generally to do all things incidental to the
objects herein stated.
ARTICLE ".
The capital stock of this corporation is
hereby fixed at the sum OF one hundred
thousand dollars (S100.000.00), divided into
and represented by one thousand shares of
(S1OO.OO) per share. This company shall
have the right to commence business and be
a going concern when three thousand dollars
{ S3,OOO.00) 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
Sucn terms ana conditions as the board of
directors shall prescribe No transfer of
stock shall be admitted or held 20 be valid
Or binding so far as the company is con-
cerned unless made on the books of the
No sale or pledge of stock shall
be valid unless said sale or pledge Is accom-
panied by written certificate signed by the
president and secretary-treasurer of the CON-
Dany to the effect that said stock was Of
'ered TO the remaining stockholders through
he board of directors at its book value for
! period OF ten days, and they had failed or
declined to PURCHASE same.
Stock sold or pledged in contravention to
his provision shall become the property of
he stockholder first rendering to the trans
erree or Pledge its book value.
ARTICLE V.
All the powers of this corporation shall
'e vested In and the business and affairs |
hall be managed by a board of directors |
onsisting of three directors, who shall be |
lected annually at a meeting of the stock |
lolders on the first Monday OF October of |
ach year, except the first board of direc- |
ors named In this charter, who shall hold |
flee until the first Monday of October, 1914. |
All elections shall be held by ballot at the |
flee OF the company under the supervision |
( two commissioners to be appointed by the |
GARD of directors. Notice Of such meeting |
hall be given by the secretary-treasurer In |
Triting, delivered to each stakeholder in |
erson, or mailed to his last known address