The herald., 1913-01-09
AR TCIE II

The objects ann purposes OF this corpOr
| alton Is declared TO be to raise, breed, bU.
and to generally conduct a live stock farm
and to do all things connected Herewith q
/ incidental to said business; also To cult
vate, raise, buy and sell all feed stulfs an,
| grain and all agricultural products.
ARTICLE Ill.
The capital stock Of this corporation !
| hereby fixed at five thousand dollars, Ill
yided into fifty shares Of the par value O
| one hundred dollars each, said stock shall
| he paid for in cash, labor performed or prop
| erty actually received by the corporation
| as the board Of directors shall see tit; thi'
corporation is authorized TO commence bus
| mess and he going concern As soon a,
! three thousand dollars Of the stock is sub
Scribcd. No shares of stock shall be trans
| ferred except on the books of the company
and until the certificate pyidcncng the
shares Of stock TO be transferred shall have
! been delivered to the company and duly
cancelled and the corporation shall hav,
the right to refuse 10 make said transfer
upon lis books as long as the owner of Sa ID
stock Is indebted to said corporation. Any
stakeholder who may desire to dispose 81
his share or shares OF stock shall give thu
refusal of same for ten days 10 the cOrpor
alton at price not exceeding the book
value thereof, and should the corporation
not avail itself of the right TO purchase the
same, the refusal shall be given TO the var
Gus stockholders beginning with the then
holder Of the largest number of shares.
ARTICLE ".
All the corporate powers of this COrpOr
alton, including the power To buy, sell. con
ALLEVIATE the property, both real and per.
SOnal shall be vested in board of dircc.
tors. composed Of three stockholders. who
shall be- elected annually on the second
Tuesday of January of each year. COmmenc.
ing January, 1913. by the ma iority Of the
stockholders voting at such election, which
shall be- held after ten days written notice
delivered either in person or by mail TO the
11Ef lrFa..N I..FV 4
with the Secrctary-treaSurcr of the CON.
pany and at such meeting each stakeholder
Is entitled TO one vote for each share of
stock held by him or her: the directors
thus elected shall remain in Office until
their successors are elected and qualified,
and the failure TO so elect each year shall
not have the effect of rendering this char
ter null, but the board in Office shall con
tinue until the new board is elected and
qualified; the directors shall out of their
number appoint president, a vice-preSident
and secretary treasurer: and until the
hrSt election as above specified, the board
or directors shall be composed Of Dr. John
\. Kyle. William III. Douglas and Alfred
PlaiSance, with DIR. John A. Kyle as pres
ldent; William ii. Douglas. secretarv-treaS.
urer, and Alfred PlaiSance, vice-president
The board or directors shall have the right
TO make bylaws, the same to alter. amen 1
or repeal; TO employ and discharge such
clerks and employees as may be necessary
ARTICLE v.
This charter may be changed altered or
amended, or said corporation may DE dis
solved, by vote Of two-thirdS of the can
ital stock represented and voting at a gen
eral meeting OF the stockholders called for
that purpose, after a thirty days written
notice sent TO the stockholders as above
specified.
ARTICLE VI.
whenever this corporation Is dissolved
either by imitation or otherwise, its af-
fairs shall be liquidated by three liduidatorS.
10 DE elected by the stockholders at a gen
eral meeting convened and held in accord
ance with Article Five: said liouidators
shall remain in office until the affairs of
the company are fully liquidated and set
tied in the event of death or resignation
OF any OF the said liquidators, or a vacancy
occurring for any other cause, the said
vacancy shall be filled by the remaining H.
quidatOrs.
ARTICLE VII.
No stakeholder shall ever be held liable
or responsible for any OF the debts or obliga-
tiOns of the company beyond the unpaid
balance that may be due by them on the
stock subscribed by them nor shall any
mere infOrmality in organization have the
effect of rendering them liable beyond the
unpaid balance that may be due by them
on said stock. The number OF shares sub
Scribed opposite the names of the under
signed subscribers shall act as the original
stock subscription list, none other existing
Thus done and passed. in my ONCE, BIZ
Carondelet street, this city, on the day.
month and year herein first above written
~ lhe presence or MeSSieurs John ]. Nc |
JloSkey and Stephen GOrrOndona competput |
who hereunto sign with the said |
ippearers and me, notary, after due reading
u the whole.
Original signed: vii. III. Douglas, 12l
shares; DIR. John A. Kyle, 10 shares Al |
fred Plaisance. g shares John ]. McClos- !
Key, Stephen GOrrOndOna.
JNO. WAGNER, Not Pub.
|. the undersigned recorder of mortgag yes /
n and for the parish of Orleans, state of |
Louisiana, do hereby certify that the above
md foregoing act of Incorporation of the
'WoOdley Stock Farm Company, Limited"
vas this day duly recorded in my office, in |
book 1865, folio =
New Orleans, La, Dec. 3. 1912
tSigned) EMILE LEONARD, ID. r.
A true copy.
JNO. WAGNER, Not. Pub.
lee - 10 &c jan 0